Last week, there were a total of 21 public financing events in the cryptocurrency market, raising approximately $544 million | Investment and Financing Weekly Report
OpenMind, an intelligent machine infrastructure company, has completed a $20 million financing round led by Pantera Capital; Web3 AI project Perle has completed a $9 million seed round financing led by Framework Ventures; Spanish cryptocurrency exchange Bit2Me has completed a €30 million financing round led by Tether.Organizer: Luan Peng, RootData
According to incomplete statistics from RootData, during the period from August 4 to August 10, 2025, there were a total of 21 public financing events in the blockchain and cryptocurrency industry, with a cumulative financing of approximately $544 million.
From the perspective of track distribution, the projects that received financing are mainly concentrated in the infrastructure and AI tracks. Popular projects include the stablecoin payment infrastructure company Blindpay, the Indian game development studio SuperGaming, the AI crypto strategy platform TradeTide, and the Indian social gaming platform STAN.
In addition, the UK-listed company Satsuma Technology completed a financing of £163.7 million (approximately $217.6 million), exceeding its target by 64%. Investors include institutions such as ParaFi, Pantera, DCG, and Kraken. This round of financing accepted 1,097 bitcoins as part of the funds to strengthen its bitcoin treasury strategy.
(List of projects with financing greater than $5 million last week, data source: Rootdata)
1. Infrastructure
According to an official announcement from Ripple, Ripple has agreed to acquire the stablecoin-based global payment platform Rail for $200 million.
It is reported that Rail provides payment solutions for fintech companies, payment service providers, digital banks, and enterprises, including virtual IBANs, named accounts, USD payment channels, and third-party payments, currently having 12 banking partners.
Through this acquisition, Ripple and Rail will jointly develop stablecoin payment solutions aimed at enhancing Ripple's position as a digital asset payment infrastructure. Ripple Payments currently has a wide payment network, digital asset liquidity, and over 60 licenses for compliance management of customer payment processes. Rail's virtual accounts and automated backend infrastructure will further enhance Ripple's operational efficiency.
Stablecoin payment infrastructure company Blindpay announced the completion of a $3.3 million seed round financing, with participation from Y Combinator, 468 Capital, Bitso, Transpose VC, Acacia Venture Capital Partners, and YouTube co-founder Jawed Karim. The new funds are intended to support its construction of a global payment infrastructure based on stablecoins, providing tools for cross-border transfers, compliance management, and quick establishment of virtual U.S. accounts for enterprises.
The UK blockchain project BOB focuses on building a DeFi ecosystem that integrates Bitcoin and Ethereum, having raised a total of $21 million since December 2024.
In the latest round of $9.5 million financing, new investors such as Anchorage, Amber Group, and Sats Ventures joined, while existing investors Castle Island Ventures, Ledger, and RockawayX continued to increase their support.
According to TechCrunch, Silicon Valley-based smart machine infrastructure company OpenMind announced the completion of $20 million financing, led by Pantera Capital, with participation from Ribbit, Sequoia China, Coinbase Ventures, DCG, Lightspeed Faction, Anagram, Pi Network Ventures, Topology, Primitive Ventures, and several well-known angel investors.
OpenMind, founded by Stanford University professor Jan Liphardt, aims to build a universal operating system and decentralized collaboration network for smart machines, allowing different manufacturers and types of robots to safely trust, share information, and collaborate globally. Its core products include the OM1 operating system and the FABRIC collaboration protocol: the former enables various robots to have perception, adaptation, and action capabilities, while the latter provides cross-platform identity verification and secure collaboration. Together, they create an open and secure "nervous system" for global robots.
This round of financing will be used to expand the engineering team and collaborate with more manufacturers to apply OM1 and FABRIC in scenarios such as autonomous driving, smart manufacturing, and elderly care. Pantera Capital stated that OpenMind is building an open intelligent network for the robotics industry, with potential significance comparable to Linux for open-source software and Ethereum for decentralized applications.
2. Gaming
SuperGaming completes $15 million Series B financing, led by Skycatcher and Steadview Capital
Indian game development studio SuperGaming has completed $15 million in Series B financing, led by Skycatcher and Steadview Capital, with participation from a16z Speedrun, Bandai Namco 021 Fund, Neowiz, and Polygon Ventures. This financing values the company at $100 million.
The funds will support the international promotion of SuperGaming's "Indus Battle Royale," with the first stop in Latin America. Additionally, the funds will be used to expand the company's game development and technology platform.
According to TechCrunch, Indian social gaming platform STAN announced the completion of $8.5 million in equity financing, led by Google AI Futures Fund, with follow-on investments from Japanese gaming giant Bandai Namco, Square Enix, Reazon Holdings, Aptos Labs, King River Capital, General Catalyst, GFR Fund, and others.
The STAN platform allows users to earn in-app currency "Gems" through competitive games like "PUBG Mobile" and enables creators to set up chat rooms called "Clubs," which are tailored channels for each game on the platform. Joining these Clubs requires payment in a social currency to access the "gaming experience" provided by creators, from which the company takes a commission. Gems can be redeemed for vouchers on major e-commerce platforms such as Amazon, PhonePe, and Flipkart. STAN has surpassed 25 million total downloads on the Google Play Store and Apple App Store, with approximately 5.5 million monthly active users.
3. AI
Web3 AI project Perle completes $9 million seed round financing, led by Framework Ventures
According to The Block, the Web3-based artificial intelligence project Perle has completed $9 million in seed round financing, led by Framework Ventures. This financing brings Perle's total funding to $17.5 million.
With the newly injected funds, Perle will launch Perle Labs, a product that utilizes blockchain tracks, user payment incentive mechanisms, and on-chain attribution to improve the training methods of AI models. According to the Perle website, Perle provides "curated" data and human reviewers.
Perle previously raised $8.5 million in a seed round led by CoinFund in October 2024.
Multiple Network announced the completion of a new round of strategic financing, achieving a post-investment valuation of $100 million. Institutions such as Gate Labs, 071 Labs, and IBC Group participated, laying the foundation for Multiple Network's upcoming TGE.
According to Web3 asset data platform RootData, Multiple Network is a privacy acceleration network for AI, providing anonymous communication and encrypted transmission services through a privacy-protecting and data-accelerating network based on P2P and SD-WAN technology, aggregating distributed node bandwidth. Multiple offers higher bandwidth and lower latency, widely used in AI model invocation, search engine interaction, and the encryption and acceleration of large-scale sensitive data, enhancing the efficiency and security of AI model training and inference.
According to official news, AI crypto strategy platform TradeTide announced the completion of seed round financing, achieving a post-investment valuation of $20 million. This round of financing was co-invested by CatcherVC, Candaq, CGV FOF, Stratified Capital, and K24 Ventures.
It is reported that TradeTide is building an AI intelligent strategy platform aimed at crypto traders and institutional users, with core functions including real-time token diagnostics, on-chain social data linkage analysis, portfolio health checks, and trend predictions, and plans to introduce an interactive intelligent assistant to help users improve trading decision efficiency. The platform has completed initial deployment on the BNB Chain and established partnerships with several ecological projects and investment institutions.
Officials stated that this round of financing will mainly be used for technology research and development, AI system optimization, product implementation, and ecological expansion. The team will continue to focus on promoting the deep integration of AI and crypto trading, providing Web3 users with smarter and more transparent strategy tools.
4. CeFi
Spanish crypto exchange Bit2Me completes €30 million financing, led by Tether
According to official news, Tether announced that it has acquired a minority stake in the digital asset platform Bit2Me and led a €30 million financing round, which is expected to complete in the coming weeks. This financing will support Bit2Me's expansion within the EU and strengthen its operations in Latin America, especially in Argentina.
Previously, Bit2Me became the first Spanish-speaking crypto asset service provider (CASP) authorized by the Spanish National Securities Market Commission (CNMV) and complied with the EU's Markets in Crypto-Assets Regulation (MiCA). After obtaining the MiCA license, Bit2Me can legally operate in all 27 member states of the EU.
5. Others
HackQuest completes $4.1 million financing, led by Animoca Brands and Open Campus
According to monitoring by Business Insider, HackQuest completed $4.1 million in financing, led by Animoca Brands and Open Campus, with participation from Gate Ventures, HashKey Capital, Hash Global, Find Satoshi Labs (StepN), Outlier Ventures, Bytetrade Labs, and others.
The funds from this round of financing will be used to expand its developer platform. The platform addresses the talent gap in Web3 through education, on-chain credentials, and ecosystem support, having attracted 90,000 developers from over 30 countries.
Animoca Brands strategically invests in Cool Cats Group
According to an official announcement, Animoca Brands and its affiliates today announced the completion of a strategic investment in Cool Cats Group. Following this investment, Animoca Brands and Coin Operated Group jointly hold a majority stake in Cool Cats Group.
Cool Cats is a series of 9,999 NFTs on Ethereum, originating from artist Colin Egan's "Blue Cat" character created in 2013. According to CryptoSlam data, the series has a cumulative trading volume exceeding $410 million, ranking 19th in total trading volume among NFT series.
According to official news, fair launch platform Juicy.meme announced the completion of $400,000 in Pre-Seed financing, achieving a post-investment valuation of $8 million, exclusively invested by Ju Ventures.
It is reported that Juicy.meme is the first Meme fair launch platform in the Juchain ecosystem, having created over 440 tokens in just 20 days since its launch, with 20 successfully graduating, resulting in a graduation rate of 4.5%, higher than the concurrent data of pump.fun (0.81%) and four.meme (1.9%). Meanwhile, the platform has over 15,000 active addresses and a cumulative trading volume exceeding $20 million, demonstrating strong growth momentum and user stickiness.
Officials stated that this round of financing will mainly be used for product upgrades, ecological construction, and the introduction of quality projects. Ju Ventures, as a strategic partner, will work with Juicy.meme to promote the development of the Juchain fair launch ecosystem and jointly explore more early-stage projects with Meme potential and community enthusiasm.
Hong Kong-listed company Yisou Technology announced a strategic investment of $5 million in Lightnet, a fintech company under Charoen Pokphand Group, to support its Web 3 technology and cross-border payment business development.
At the same time, Yisou Technology also stated that it will deepen its strategic layout in real-world assets (RWA) to build its own RWA ecosystem.
Listed company ZOOZ Power (NASDAQ/Tel Aviv Stock Exchange: ZOOZ) announced on August 6 that it has completed the first round of $5 million in private placement financing, with an issue price of $2 per share. This financing is the first phase of the company's previously announced $180 million private placement plan for institutional investors.
Pending shareholder approval, approximately 95% of the proceeds from the private placement will be used to implement the bitcoin reserve strategy. This move will make ZOOZ the first dual-listed company on NASDAQ and Tel Aviv to adopt bitcoin as a reserve asset.
UK-listed company Satsuma completes $217.6 million financing, part of which is BTC
UK-listed company Satsuma Technology completed £163.7 million (approximately $217.6 million) in financing, exceeding its target by 64%. Investors include institutions such as ParaFi, Pantera, DCG, and Kraken. This round of financing accepted 1,097 bitcoins as part of the funds to strengthen its bitcoin treasury strategy.
Currently, Satsuma Technology is expected to hold 1,125.85 bitcoins.
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