Overview of Global Blockchain Investment and Financing This Week

Last week (5.26-6.1), there were a total of 21 investment and financing events in the global Blockchain sector, with a total scale exceeding 133 million USD, which is a decrease compared to the previous week. The main distribution is as follows:

• In the DeFi sector, there were 5 incidents, among which the decentralized trading platform Dexari completed a $2.3 million seed round;
• Two Web3 games launched, with the发行平台 Oncade receiving $4 million in funding;
• Starting from the Web3+AI direction, Freysa AI's backer, Eternis AI, has received $30 million in support;
• With infrastructure and tools starting from 7, Donut Labs completed a $7 million Pre-Seed round;
• Together with other applications, Matador completed a private placement of approximately 1.42 million CAD;
• Centralized Finance 2.0, European fintech platform Velocity raises $10 million in pre-seed round

DeFi

Stablecoin company Conduit completes $36 million Series A funding

Stablecoin company Conduit announced the completion of a $36 million Series A funding round. This round was led by Dragonfly Capital, with participation from Sound Ventures, Altos Ventures, DCG, and Commerce Ventures. This funding round brings the company's total fundraising to $53 million, with the valuation undisclosed. Conduit was founded by Kirill Gertman in 2021 and focuses on building stablecoins and related infrastructure.

Dexari completed $2.3 million seed round financing

The decentralized trading platform Dexari announced the completion of a $2.3 million seed round funding, led by Prelude Ventures and Lemniscap, with participation from several well-known angel investors in the Hyperliquid ecosystem.

Solana Ecosystem DEX Fermi Labs Completes $1.2 Million Pre-seed Round

Solana ecosystem DEX Fermi Labs announced the completion of a $1.2 million Pre-seed funding round, led by Equilibrium and BBig Brain Holdings, with several angel investors participating. Fermi Labs is a Web3 R&D studio focused on developing dApps and infrastructure. Its flagship product, Fermi DEX, is a decentralized exchange based on the Solana Blockchain, utilizing instant order settlement and liquidity abstraction technology. In addition, Fermi Labs also offers consulting services and educational programs.

ego.tech completed $800,000 in Pre-Seed funding.

The Solana ecosystem project ego.tech announced the completion of an $800,000 Pre-Seed funding round, with investors including sam lessin from Slow Ventures, Solana co-founder Raj Gokal, dYdX founder Antonio Juliano, Wintermute founder, Magic Eden co-founder Zhuoxun Yin, Hustle Fund, Polygon CEO Marc Boiron, and Andrena co-founder James Smits, among others. Ego is a protocol aimed at monetizing any online profile, and it is currently live. Ego aims to build a clear financial layer for assessing the value of users' online and offline presence.

Avalon Labs announces the completion of strategic round financing

Avalon Labs, a capital market on the Bitcoin Blockchain, announced the completion of a strategic round of financing, led by YZi Labs, with participation from Mirana, CE Innovation Capital, and GSR. The specific amount has not been disclosed. Avalon stated that this financing will support multiple initiatives, including regional license applications, public fund launches, and the expansion of institutional lending services.

Web3 Games

Web3 Game Publishing Platform Oncade Completes $4 Million Financing

The Web3 game distribution platform Oncade has announced the completion of a $4 million financing. Oncade is committed to helping game studios increase revenue by enhancing player engagement and community interaction. Its core philosophy is to break the traditional distribution model of gaming platforms through a community-driven approach, building a game store directly aimed at players.

Revolving Games has completed a new round of financing

Web3 video game publisher Revolving Games has announced the completion of a new round of financing to expand its game distribution ecosystem based on RCADE Network, with specific amounts not disclosed. The company plans to accelerate the release of "War of Nova", the "Hatchlings" series, and the new title "Skyborne: Phoenix Flight", which will launch a PC-exclusive beta version in the third quarter of 2025.

AI

The team behind Freysa AI, Eternis AI, raised 30 million USD.

The crypto AI project Freysa AI has completed a $30 million financing through its affiliated entity Eternis AI. The project is developed based on the Base Blockchain and aims to build a "personal AI digital twin." Eternis AI was co-founded in 2024 by Srikar Varadaraj, Pratyush Ranjan Tiwari, Ken Li, and Augustinas Malinauskas. The team claims its members include experts in cryptography, theoretical physics PhDs, and serial entrepreneurs.

Donut Labs Secures $7 Million in Funding

Donut Labs, headquartered in New York, announced the completion of a $7 million Pre-Seed funding round, led by Sequoia, Bitkraft, and HackVC, with participation from ecosystem leaders like Solana. Donut aims to create the world's first "agent-style" crypto browser, featuring an AI agent that can recognize webpage intentions and automatically execute on-chain transactions, such as currency exchange, mining, and asset optimization. This browser integrates wallet, DEX, and decentralized network access functions, and intends to develop into a crypto financial steward for users in the future.

Rumi Secures $4.7 Million in Pre-Seed Funding

AI media company Rumi announced the completion of a $4.7 million Pre-Seed funding round. Rumi is dedicated to transforming passive media content into interactive experiences, allowing users to contribute computing power and data to earn rewards through a "watch and earn" mechanism and interact with AI in real time. Its decentralized infrastructure supports intelligent analysis of media content and has established partnerships with TVision, Story Protocol, and others, aiming to create the world's first user-driven smart media ecosystem.

Solana Ecosystem AI Platform Assisterr Completes $2.8 Million Financing

The Solana-based AI platform Assisterr has announced the completion of a $2.8 million financing round, with a company valuation of $75 million. Assisterr aims to help users create, deploy, and monetize personalized AI agents through no-code tools, with its core technology focusing on small language models (SLMs) to reduce costs and enhance customization capabilities.

Infrastructure & Tools

Spetz Inc raised $7.35 million in the first round of private placement financing.

Blockchain infrastructure company Spetz Inc announced the completion of its first round of private placement financing, issuing 14,702,617 units at a price of CAD 0.50 per share, raising a total of CAD 7,351,308.50. Each unit consists of 1 common share and 0.5 warrants, with warrant holders able to subscribe for additional shares at CAD 0.75 per share within 24 months. CEO Mitchell Demeter stated that the financing will be used for the purchase of Sonic tokens, the deployment of verification node infrastructure, and the implementation of DeFi strategies.

Cooking.City completed $7 million financing

The Solana ecosystem token issuance platform Cooking.City announced the completion of a $7 million financing round, with investors including several top institutions. The platform pioneered the "Confidence Pool" mechanism and social incentive commission system, aiming to create a transparent, sustainable, and community-oriented new paradigm for issuance, promoting fair launches of on-chain projects and returning to the core spirit of Web3.

Naoris Protocol Blockchain Security Protocol Completes $3 Million Strategic Round Financing

Naoris Protocol, a blockchain security protocol, has completed a $3 million strategic round of financing, led by Mason Labs with participation from multiple institutions. The funds will be used to develop blockchain security infrastructure against quantum computing threats. The core products of Naoris Protocol include: a plug-and-play cybersecurity mesh architecture compatible with all EVM chains, a Layer 1 blockchain using post-quantum encryption technology, and a PoS consensus mechanism that meets international security standards such as NIST.

Bitcoin Smart Multi-Signature Wallet Service Provider Asigna Completes $3 Million Financing

Asigna, a Bitcoin smart multi-signature wallet service provider, announced the completion of a $3 million financing round, led by Hivemind Capital and Tykhe Block Ventures, with participation from multiple institutions and angel investors. At the same time, it released a v2 version upgrade, adding support for embedded applications and a developer SDK toolkit. This non-custodial multi-signature solution currently manages over $1.1 billion in assets and supports the Bitcoin mainchain and Layer 2 protocols such as Stacks, with the ability to interface with meta-protocols like Ordinals and Runes.

BlockSpaces completes $2 million funding

According to BlockSpaces' announcement, the company has completed a $2 million strategic financing round led by Axiom, which will be used to launch the Bitcoin-native collateral and risk management platform ARCC. This platform is built using HTLC technology to create a trust-minimized execution environment, enabling institutions to manage BTC collateral contracts, forward trades, and BitBonds natively, without the need for sidechains or custodial bridging.

Smart Crypto Trading Tool Alph.AI Completes $2 Million Financing

Intelligent crypto trading tool Alph.AI announced the completion of a $2 million funding round. The new funds are intended to promote the platform's AI capabilities to help users identify high-potential tokens early.

Mirage completed a $1.6 million financing

Mirage Protocol has completed a $1.6 million financing round, aiming to build a modular financial protocol based on the Move language. Its core products include the yield-bearing stablecoin mUSD and a perpetual contract platform with low fees and high liquidity. The protocol is built on the Aptos and Movement ecosystems, with the mainnet expected to launch next week.

Others

Matador Completes Approximately CAD 1.42 Million Second Round Non-Brokered Private Placement Financing

Bitcoin technology company Matador Technologies Inc announced the completion of its second round of non-brokered private placement, issuing 2,588,955 units at a price of CAD 0.55 per share, raising a total of CAD 1,423,925. The funds raised will be used for Bitcoin acquisitions, advancing gold business, and general corporate purposes.

Centralized Finance

European fintech platform Velocity completes $10 million pre-seed funding round

The European fintech infrastructure platform Velocity has completed a $10 million pre-seed round of financing, setting a record for financing at the same stage in Europe this year. This round was led by Activant Capital, with participation from multiple institutions, and received strategic investments from executives of companies such as Stripe and Visa.

Velocity focuses on three major development areas: 1) a unified account structure integrating virtual IBAN and digital wallets; 2) real-time foreign exchange smart routing supporting fiat and stablecoins; 3) automated cross-border settlement system. Currently, the team consists of 11 members, with plans to expand to 30 members by the end of the year, with a focus on strengthening engineering and compliance operations.

Stablecoin payment platform Beam completes $7 million financing

The stablecoin payment service provider Beam raised $7 million in a funding round led by Castle Island Ventures, with participation from several institutions. Beam is a payment platform that connects traditional finance with blockchain technology, enabling users to send and receive cross-border funds using stablecoins and fiat currencies, providing services such as real-time currency exchange, conversion from cryptocurrencies to fiat currencies, and seamless integration with bank accounts and digital wallets.

Venture Capital Fund

Blockchain Builders raised $28 million in fund-raising

Blockchain Builders, founded by Stanford graduates Gil Rosen, Kun Peng, and Steven Willinger, announced the completion of a $28 million fundraising, which was oversubscribed. The fund has invested over $16 million in 40 blockchain startups, focusing on the intersection of AI and blockchain as well as fintech applications.

The fund plans to complete the deployment of the remaining $12 million by the end of 2025, and several invested projects are preparing for token generation events (TGE). The second phase of the fund aims to expand its investment network to universities such as Carnegie Mellon and Princeton.

Metalayer Ventures Launches $25 Million Special Fund

Chainlink and Two Sigma executives have established a crypto venture capital firm, Metalayer Ventures, which announced the launch of a $25 million fund focused on early-stage projects in areas such as stablecoins, asset tokenization, and crypto infrastructure. Invested projects include AnchorZero, Spark Capital, Ethena, Theo, and 7 other companies.

The fund plans to ultimately provide early-stage financing to up to 30 companies, with individual investments expected to range between $500,000 and $1 million. Co-founder Winton has also developed a platform called "Moirai" for analyzing on-chain data to identify potential projects.