Last week, there were 20 public financing events in the crypto market, with a total financing of approximately US$130 million | Investment and Financing Weekly
Reprinted from chaincatcher
02/10/2025·14DCompiled by: Luan Peng, RootData
According to incomplete statistics from RootData, from February 3 to February 9, 2025, there were 20 public investment and financing events in the blockchain and crypto industries, with a total financing of approximately US$130 million.
From the perspective of track distribution, the projects that have received financing are mainly distributed in the AI and Defi tracks. Popular projects include Beamable, the unmanaged Bitcoin trading platform Flashnet , the AI gaming network GOAT Gaming on Telegram , and Olas, the independent AI proxy platform in the encryption field.
In addition, Bitcoin Ordinals project Taproot Wizards completed a $30 million financing, led by Standard Crypto.
(The list of projects that raised more than $5 million last week, data source: Rootdata )
1. Infrastructure
Bitcoin eco-income network Corn announced on X that it raised $1.5 million through Echo and added 337 new investors. Since the project was launched, Corn has attracted 1,052 investors and has accumulated a total financing of US$16.5 million.
It is reported that Corn is a network specially built for BTCFi. Powered by Arbitrum and integrated with Coinbase, Chainlink and LayerZero, Corn provides BTC holders with convenient and secure access to the world's most diverse financial markets.
Previously, Corn completed $8.3 million in community financing through the Legion platform in January 2025, adding 675 new investors. In August 2024, Corn received $6.7 million in financing, with investors including Binance Labs, Framework Ventures, OKX Ventures, HTX Ventures and Relayer Capital.
DePIN project Beamable completed a US$13.5 million Series A financing, led by Bitkraft Ventures
According to The Block, Beamable, a decentralized gaming infrastructure platform, completed a US$13.5 million Series A financing, led by Bitkraft Ventures, led by Arca, Advancit Capital, 2Punks, P2 Ventures, Solana Foundation, Scytale Digital , defy.vc, GrandBanks Capital and Permit Ventures and others participated in the investment.
The new round of financing is intended to accelerate the development and expansion of Beamable Network, a decentralized physical infrastructure network (DePIN) designed to change the way gaming backend infrastructure is built and operated. Beamable Network is committed to changing live game support by reducing reliance on centralized hyperscalers.
2. Defi
Decentralized income and on-chain dual investment trading platform Prodigy.Fi posted a statement on the X platform that it has completed a seed round of $5 million, led by Quantstamp and Republic, with Arbelosxyz, PANONY Group, RSK Capital and Samara Alpha. This round of financing will be used to promote its DeFi earnings mining and trading product development on Berachain.
In addition, ProdigyFi has received RFB funding from the Berachain Foundation and plans to allocate 10%-15% of BERA to testnet users as a reward.
According to Web3 asset data platform RootData, [Prodigy.Fi](https://www.rootdata.com/zh/Projects/detail/Prodigy.Fi?k=MTYxOTg= "Double investment treasury") is a dual investment vault that allows users to passively obtain increased returns while waiting to reach their link price.
Solana re-staking agreement Fragmetric tweeted that it has completed a $7 million seed round of financing, led by Finality Capital Partners and Hashed, and Hypersphere, Presto, Bitscale Capital, Halo Capital, Flowdesk and other institutions participated in the investment. , and obtained Solana and Restaking Ecological Angels Investor support.
According to the Web3 asset data platform RootData, Fragmetric is Solana's native liquid re-staking protocol, and its vision is to enhance the security and economic potential of the Solana ecosystem. By leveraging Solana's token expansion, Fragmetric effectively implements NCN reward allocation. In addition, Fragmetric has designed a practical solution, a standardized token plan, to leverage various LSTs in the restake platform. Fragmetric’s mission is to build a secure, transparent and efficient restaking infrastructure that empowers and supports the stability of the Solana restaking ecosystem.
The non-custodial Bitcoin trading platform Flashnet announced that it had completed a seed round of $4.5 million, led by Abstract VC, and participated by UTXO Management, Soma Capital, HFØ, Chapter One, Accomplice, etc. It is reported that the new funds are intended to support the platform to build a lightning-based network. and UTXO's transaction capabilities and are integrated with Bitcoin wallets.
Rho Labs, an on-chain interest rate market founded by former Copper Chief Product Officer Alex Ryvkin, has successfully completed a seed round of $4 million. This round of financing was led by CoinFund, with CoinFund, Flow Traders and others participating.
Rho Protocol is the first crypto-native interest rate market that uniquely integrates pledge, lending and perpetual contract fund rate transactions into one platform.
Previously, Rho Labs announced that it had completed a $2.2 million Pre-Seed round of financing, led by Speedinvest, and participated in the investment by Keyrock, Re7 Capital, Daedalus Collective and Copper CEO Dmitry Tokarev.
According to The Block, Reservoir, a cross-chain token trading infrastructure provider, completed a US$14 million Series A financing, led by Union Square Ventures, and participated by Coinbase Ventures, Variant, Archetype, 1kx and others. Financing is in the form of equity plus token warrants, and Union Square Ventures partner Nick Grossman will join the board.
It is reported that Reservoir was established in 2021 and has previously completed a US$12 million financing. The company currently has 25 employees and plans to expand to 40 by the end of the year. The company's products include cross-chain bridging and switching platform Relay, decentralized exchange Reservoir Swap and NFT trading market API, and their service objects include mainstream platforms such as Coinbase, OpenSea, and Magic Eden.
3. Game
Telegram's AI gaming network GOAT Gaming announced the completion of a US$4 million strategic financing, led by TON Ventures, Karatage, Amber Group, and Bitscale Capital, with Framework Ventures, Mirana Ventures, Folius Ventures, Sferm ion, The Spartan Group and others participated in the investment.
According to reports, GOAT Gaming is created by Mighty Bear Games, a gaming platform on Telegram, and provides competitive and casual games with real gold rewards. The platform is powered by AlphaGOATs, which are autonomous AI agents that compete, make money and grow. Its AlphaAI tool suite enables third-party developers to release, monetize and scale games seamlessly.
According to RootData data, in July 2022, game studio Mighty Bear Games completed a $10 million financing, led by Framework Ventures.
IV. AI
According to The Block, Olas, an independent AI proxy platform in the crypto field, completed a $13.8 million financing to support the launch of a "proxy app store" called Pearl. This round of financing is led by 1kx, and companies such as Tioga Capital, Sigil Fund, Zee Prime Capital, Borderless, and Keyrock are also involved in the investment. The Olas team , also known as Autonolas , said the funding will be used to support its proxy app store, aiming to democratize access to user-owned AI agents.
While announcing the financing, Olas also launched the Olas Accelerator program, which provides $1 million in funding and OLAS token rewards to developers building agents on the platform. Olas' technology stack includes Olas Stack and Olas Protocol, which inspire the creation and co-ownership of AI agents. The team said it has contributed to more than 3.5 million transactions from nine blockchain agents.
Herd, a crypto collaboration terminal project, announced the completion of a $1.8 million Pre-Seed round of financing, led by Semantic Ventures, and participated by Archetype and Hardi Meybaum.
According to reports, Herd is developing a collaborative terminal, "coterminal", aiming to simplify interaction with on-chain contracts. The platform enables users and AI agents to collaborate on searching, understand existing on-chain contracts and write them as off-chain and on-chain output.
V. Others
Stablecoin crypto startup Coala Pay completes $3.5 million seed round, led by Castle Island Ventures
According to Fortune Magazine, stablecoin crypto startup Coala Pay completed a $3.5 million seed round, led by Castle Island Ventures, and the founders of Lattice Fund, Factor Capital and the crypto charity platform The Giving Block participated. The company will use the funds from this round of financing to expand its team and recruit employees with experience in the United Nations and the United States government.
According to reports, the company is committed to connecting humanitarian aid organizations with potential donors. Coala Pay helps review donors and local aid organizations, requiring both parties to provide detailed documentation to prove its legitimacy. Once both parties are whitelisted, each party can access each other's documents as needed. Instead of signing an entity contract, Coala Pay creates a smart contract for stablecoin transactions and generates a token to store information and track the use of funds.
Hex Trust, a digital asset custody and market services provider, officially announced that it has completed a new round of strategic financing, led by Morgan Creek Digital and participated in the investment.
The company has not disclosed the specific amount of this round of financing, but disclosed that its total financing amount has exceeded US$100 million. Hex Trust also said it will launch a Series C financing later this year and conduct potential strategic acquisitions, with its business currently covering places such as Hong Kong, Singapore, Dubai, France and Italy.
According to Chainwire, RWA end-to-end solution Fraktion announced the completion of a €110 seed round, with Cabrit Capital, Tezos Foundation, Vox Capital and Olivier Huby (former MFEX), Andréa Bensaïd (Eskimoz) or Guillaume Mayot (Lukeion) and other well-known angel investments Ginseng.
Fraktion was launched on the Tezos blockchain in mid-2023, with new funds intended to accelerate the development of its technology platform and expand its influence in real-world assets.
According to crowdfundinsider, Paxos announced that it has obtained regulatory approval to complete the acquisition of Finnish electronic currency institution Membrane Finance. The specific acquisition amount has not been disclosed yet. After the acquisition is completed, Paxos will become an EMI (electronic currency institution) that has been fully licensed in Finland and the EU. This acquisition Enable Paxos to expand its regulated platform to serve European customers in a secure and compliant manner.
Berachain Eco Project Henlo Announces Completed US$3 million Seed Round Financing
According to official news, Berachain ecological project Henlo announced the completion of a $3 million seed round. Framework Ventures, Olympus DAO, Rubik VC, Baboon VC, Primitive Ventures, SNZ Capital, Asylum Ventures, ViaBTC Capital, Paramount Capital and Wizards Capita l and other participants.
It is reported that Henlo is positioned as a common portal in the field of cryptocurrencies and aims to simplify the introductory process of cryptocurrencies.
Bitcoin Ordinals project Taproot Wizards completed $30 million in financing, led by Standard Crypto
According to TheBlock, the Bitcoin Ordinals project Taproot Wizards completed a $30 million financing, led by Standard Crypto. According to the Web3 asset data platform RootData, it announced in November 2023 that it had completed a US$7 million financing, led by Standard Crypto.
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