(6.1-6.7) Investment and Financing Weekly Report | A total of 22 public investment and financing events, with infrastructure leading and other financing being diversified

From June 1 to June 7, the crypto market saw a total of 22 investment and financing events, including 8 in infrastructure, 2 in DeFi, 2 in CeFi, 2 in gaming, 2 in the metaverse, 1 in social, and 5 in others.

This week, there were 7 financing events exceeding ten million dollars:

Cryptocurrency exchange Bitstamp completed a $200 million merger financing round, with Robinhood as the investor.

The modular blockchain Avail developed by Polygon completed a $43 million Series A financing round, with investors including Dragonfly and cyber Fund.

The currency middleware M^0 for the digital age completed a $35 million Series A financing round, with investors including Bain Capital Crypto and Pantera Capital.

The decentralized gaming ecosystem The Sandbox completed a $20 million financing round, with investors including Animoca Brands and Kingsway Capital.

Cryptocurrency exchange XREX completed a $18.75 million financing round, with Tether as the investor.

The blockchain Fhenix, powered by fully homomorphic encryption, completed a $15 million Series A financing round, with investors including Hack VC and dao5.

The Web3 modular user security layer GoPlus Security completed a $10 million financing round, with investors including OKX Ventures and HashKey Capital.

This week, the investment and financing enthusiasm in the crypto market decreased compared to last week, with 8 events in infrastructure and other financings remaining in single digits. This week’s financing fields were diverse and concentrated in currently hot tracks. Cryptocurrency exchange Bitstamp secured the largest financing amount of the week.

The investment and financing projects of this week sorted by financing amount are shown in the figure below:

Infrastructure

1. According to ROOTDATA investment and financing data on June 6, K3 Labs completed a Pre-seed round of financing with an unknown amount, with investors including Finality Capital Partners and Blockchain Founders Fund. K3 Labs is bringing Kubernetes and template-driven web service deployment combinations to Web3, enabling developers to easily design and deploy business workflows and applications that utilize decentralized computing, storage, and execution capabilities. The K3 Stateless Rollup framework allows developers to deploy (1) custom computing services and (2) operator networks that run arbitrary tasks in a trustless execution environment.

2. According to ROOTDATA investment and financing data on June 6, Glacier Network completed an $8 million financing round, with investors including Foresight Ventures and UOB Venture. Glacier is building a fully permissionless and scalable NoSQL database for Web3 Dapps. Glacier will utilize a storage-based consensus paradigm (SCP) based on Arweave log data (ALD), aimed at storing, sharing, and hosting user-isolated datasets at scale, ensuring that storage and queries are completely secure.

3. According to ROOTDATA investment and financing data on June 5, Nubit completed an $8 million seed round of financing, with investors including Polychain and Nomad Capital. Nubit is a scalable Bitcoin-native data availability layer, protected by Bitcoin. Nubit can expand Bitcoin's data capacity without compromise, empowering applications such as Ordinals, Layer 2s, price oracles, and indexers, thereby broadening the scope and efficiency of the Bitcoin ecosystem. It leverages innovative consensus algorithms and the Lightning Network, inheriting Bitcoin's fully censorship-resistant characteristics.

4. According to ROOTDATA investment and financing data on June 5, GoPlus Security completed a $10 million financing round, with investors including OKX Ventures and HashKey Capital. GoPlus Network is a Web3 modular user security layer. It can seamlessly integrate with any public chain, providing comprehensive protection throughout the user transaction lifecycle. GoPlus utilizes a transparent, decentralized user security network and cutting-edge AI technology for comprehensive risk analysis, offering users intelligent and efficient security services, with its Token security detection API integrated into many leading Web3 dApps, achieving a daily call volume of 21 million; its user personal security platform SecWareX gained 1.8 million unique IP users within two months of launch.

5. According to ROOTDATA investment and financing data on June 4, Fhenix completed a $15 million Series A financing round, with investors including Hack VC and dao5. Fhenix is the first blockchain powered by fully homomorphic encryption. By using fhEVM, Fhenix enables Ethereum developers to seamlessly build encrypted smart contracts and execute data encryption computations, while using Solidity and other familiar and easy-to-use tools.

6. According to ROOTDATA investment and financing data on June 4, Topos completed a merger financing round, with Polygon as the investor. Topos is an interoperability protocol that utilizes zero-knowledge proofs and reliable broadcasting, allowing various public and private blockchains to communicate with each other. Zero-knowledge proofs allow blockchains to prove the validity of their state transitions without compromising private internal information, such as account addresses and balances.

7. According to ROOTDATA investment and financing data on June 4, Avail completed a $43 million Series A financing round, with investors including Dragonfly and cyber Fund. Avail is a modular blockchain focused on data availability: sorting and recording blockchain transactions without needing to download the entire block to prove block data availability. This allows it to scale in ways that a monolithic blockchain cannot achieve. Off-chain scaling solutions can unlock their full potential by transferring data availability to Avail. Independent chains can enhance the security of validators to ensure data availability by using Avail.

8. According to ROOTDATA investment and financing data on June 3, Everclear completed a $5 million financing round, with Pantera Capital as the investor. Everclear is a new foundation for chain abstraction stacks, integrating with intent protocols, solver networks, modular blockchains, and dApps to achieve the most efficient transaction settlement at the best price. Everclear coordinates global settlement of inter-chain liquidity, addressing the fragmentation issues of modular blockchains.

DeFi

1. According to ROOTDATA investment and financing data on June 6, Mountain Protocol completed an $8 million Series A financing round, with investors including Multicoin Capital and Coinbase Ventures. Mountain Protocol allows approved users to purchase and exchange USDM at a fixed value of $1. It enables users to collect digital asset wallet addresses and wire transfer details to fund their accounts. All funds in the platform are automatically converted to dollars after settlement. The dollar balance can be directly transferred to allowed EOAs (in dollars) or USDC, or transferred to banks (in USD).

2. According to ROOTDATA investment and financing data on June 5, M^0 completed a $35 million Series A financing round, with investors including Bain Capital Crypto and Pantera Capital. M^0 is the currency middleware for the digital age. Based on a decentralized architecture and top-notch collateral design, M^0 allows institutions to issue crypto dollars. It also allows for the distribution of M to beneficiaries and governance token (ZERO) holders. There are three main types of participants in the protocol - minters, validators, and beneficiaries - all of which are governed by permission. Protocol variables are also managed by governance and stored in the registrar configuration contract.

CeFi

1. According to ROOTDATA investment and financing data on June 6, Bitstamp completed a $200 million merger financing round, with Robinhood as the investor. Bitstamp is a global cryptocurrency exchange that provides a secure and reliable platform for anyone to exchange traditional currencies for a range of world-leading cryptocurrencies. Since 2011, Bitstamp has earned the trust of over 4 million individuals and financial institutions.

2. According to ROOTDATA investment and financing data on June 5, XREX completed an $18.75 million financing round, with Tether as the investor. XREX is a blockchain-supported financial institution that collaborates with banks, regulators, and users to redefine banking. It provides enterprise-level banking services to small and medium-sized enterprises (SMBs) in emerging markets or businesses dealing with emerging markets, and offers beginner-friendly financial services to individuals globally. Founded in 2018, XREX holds multiple licenses worldwide and provides a full suite of services including digital asset custody, wallets, cross-border payments, fiat exchanges, cryptocurrency exchanges, asset management, and fiat on/off ramps.

Gaming

1. According to ROOTDATA investment and financing data on June 6, XOCIETY completed a $7.5 million Series A financing round, with investors including Hashed and Sui / Mysten Labs. XOCIETY is a gaming metaverse that combines the essence of sci-fi and fantasy in a unique third-person shooter and MMORPG hybrid. By actively participating and owning avatars and land NFTs, players can fully immerse themselves in the virtual world, help shape its future, and earn rewards.

2. According to ROOTDATA investment and financing data on June 5, Mythical Games completed a strategic financing round, with investors including Find Satoshi Lab. Mythical Games is a next-generation game technology studio aimed at creating world-class products that drive consumer adoption of distributed ledger technology through gaming. Mythical Games creates a Web3 gaming ecosystem by leveraging blockchain technology and playable NFT tools, making players, creators, artists, brands, and game developers stakeholders and owners in the new "play-to-earn" gaming economy.

Metaverse

1. According to ROOTDATA investment and financing data on June 6, The Sandbox completed a $20 million financing round, with investors including Animoca Brands and Kingsway Capital. The Sandbox is a decentralized, community-driven gaming ecosystem where creators can share voxel assets and gaming experiences on Ethereum and monetize them.

2. According to ROOTDATA investment and financing data on June 3, HELIX Metaverse / Hypersonic Laboratories completed a $7 million Series A financing round, with investors including Play Ventures and Appworks. HELIX (Hyper Expansive Lifelike Interoperable eXperience) is a high-fidelity metaverse platform centered around the concept of true digital ownership and an independent player economy. Immerse yourself in Parallel City, a meticulously designed 1:1 scale entertainment venue of New York City, where users can freely explore land, meet new friends, play games, and earn tokens. The HELIX Metaverse is built by Hypersonic Laboratories.

Social

1. According to ROOTDATA investment and financing data on June 6, odysee completed a merger financing round, with Forward Research as the investor. Odysee is a blockchain-based media platform that hosts various media, such as images, articles, PDFs, audio files, etc., most famously hosting videos.

Others

1. According to ROOTDATA investment and financing data on June 4, NFT Insider completed a merger financing round, with NFT Plazas as the investor. NFT Insider is a Web3 media outlet that records daily NFT, web3, and blockchain news.

2. According to ROOTDATA investment and financing data on June 4, Starpower completed a $2 million Pre-seed round of financing, with investors including Arweave and Alliance DAO. Starpower is a decentralized energy network connecting energy devices such as air conditioners, electric vehicle chargers, and batteries. It provides usage-based algorithms to improve energy efficiency, save on electricity bills, and reduce volatility in energy systems by coordinating device charging and discharging.

3. According to ROOTDATA investment and financing data on June 4, Cookie3 completed a $3.3 million financing round, with investors including SkyVision Capital and Animoca Brands. Cookie3 is building a MarketingFi platform and Web3 AI marketing solutions to connect projects with the right audience, creating profitable opportunities for both sides. Cookie3 uses off-chain and on-chain analytics as well as a Web3 AI data layer to ensure that only valuable users and projects interact to benefit from the MarketingFi ecosystem. In an economy where the boundaries between business owners, investors, and consumers become blurred, effective marketing becomes collaborative, and value flows freely among all stakeholders.

4. According to ROOTDATA investment and financing data on June 3, Milady completed a $5 million financing round, with DWF Labs as the investor. LADYS is the meme coin of the Milady NFT series. LADYS embodies karma, charm, and beauty. The $LADYS coin has no relation to Charlotte Fang or her creation Milady Maker. This token is simply a tribute from people to the beloved and recognized NFT series.

5. According to ROOTDATA investment and financing data on June 3, Milady completed a $5 million financing round, with DWF Labs as the investor. LADYS is the meme coin of the Milady NFT series. LADYS embodies karma, charm, and beauty. The $LADYS coin has no relation to Charlotte Fang or her creation Milady Maker. This token is simply a tribute from people to the beloved and recognized NFT series.