-investment

ChainCatcher news, according to newsfilecorp, Canadian publicly listed company Tony G Co-Investment Holdings Ltd. announced that as part of its long-term digital asset strategy, the company has completed the acquisition of the Hyperliquid ecosystem native asset HYPE tokens, purchasing a total of 10,387.685 HYPE tokens at an average purchase price of $42.24 per token, for a total transaction amount of $438,828.46.

ChainCatcher news, Du Jun, co-founder of ABCDE, stated on social media that ABCDE has officially ceased new project investments and suspended the fundraising plan for the second phase of its fund. The original team will continue to be responsible for post-investment support and exit arrangements for existing projects, ensuring that commitments to entrepreneurs and LPs are fulfilled seriously.His personal work focus will also gradually shift from financial investments in the primary market to a strategy-led approach combined with deep incubation, with a greater emphasis on industrial synergy and long-term value creation.Du Jun added that he has launched a new incubator brand, Vernal, and will announce the incubator shareholders and incubation rules, as well as the first batch of incubated projects in May. In May, he will also release the first buying list, detailing how much was bought and the reasons for the purchases.

ChainCatcher news, the decentralized stablecoin protocol Frax Finance community has initiated a new proposal, suggesting to authorize an initial investment of 5 million dollars in the Trump family's crypto project World Liberty Financial (WLFI), positioning FRAX as part of the WLFI ecosystem, with subsequent investments of up to 10 million dollars, depending on the success of the collaboration.

ChainCatcher news, according to The Information, the artificial intelligence company OpenAI is in talks with institutions such as the UAE investment fund MGX to plan a large-scale financing round of up to $7 billion. After this round of financing, OpenAI's valuation could reach $150 billion. In addition to MGX, existing investors like Microsoft and Thrive Capital are also expected to participate.Due to the potential connections between Middle Eastern investors and China and Russia, this financing may face scrutiny from U.S. regulators. OpenAI is currently growing rapidly but is also consuming a large amount of capital, and this financing will be used to support its ongoing development and employee stock buybacks.

According to ChainCatcher news, Animoca Brands announced a strengthened partnership with Web3 venture capital firm Everest Ventures Group through cross-investment. As part of the collaboration, Animoca Brands will support various consumer products launched by EVG in 2024, aimed at making it easier for all users to access Web3 experiences. These products include: OpenSocial Protocol, a scalable and composable social application infrastructure layer; Zeek, a decentralized collaboration network for on-chain social bounties and reputation, among others.

ChainCatcher news, according to Reuters, Musk's AI company xAI has reached a valuation of $24 billion after its latest round of financing.ChainCatcher previously reported that, according to the official announcement, Musk's artificial intelligence company xAI has completed a $6 billion Series B financing round, with participation from Valor Equity Partners, Vy Capital, Andreessen Horowitz (a16z), Sequoia Capital, Fidelity Management and Research Company, Prince Alwaleed Bin Talal, and Kingdom Holding.

ChainCatcher news, according to Jinshi reports, Musk stated: xAI's pre-investment valuation is 16 billion dollars. However, he later replied on Twitter that the pre-investment valuation is 18 billion dollars.

ChainCatcher news, Bitcoin Layer2 project BEVM announced that it has completed its seed round and part of its Series A funding, with an investment amount reaching tens of millions of dollars. The participating investors include nearly 20 institutions such as RockTree Capital, Waterdrip Capital, Arkstream Capital, ViaBTC Capital, Satoshi Lab, Web3port, Cogitent Ventures, MH Ventures, Mapleblock, Electrum Capital, Zephyrus Capital, Lotus Capital, 7UPDAO, TimeTells, and others, with a post-investment valuation of 200 million dollars.The funds raised will be used to develop the Bitcoin ecosystem based on the Taproot consensus. BEVM will launch "BEVM-Stack" (BTClayer2 as a service), helping developers to launch BTClayer2 with one click. In addition, BEVM will also develop the DBFX (decentralized Bitcoin foreign exchange) protocol, seamlessly integrating native BTC into any DeFi protocol on any chain.

ChainCatcher news, Zeepr Labs announced the completion of a cornerstone round of financing led by investment institutions such as the Celestia ecosystem incubator Cincubator, with a post-investment valuation of $150 million.It is reported that Zeepr is the world's first decentralized perpetual contract protocol that supports both coin-based and U-based trading. Zeepr rewards successful trading users with amplified profits, providing a slippage-free and no funding fee on-chain perpetual contract trading experience. Zeepr will collaborate deeply with Celestia to co-build the on-chain ecosystem. Zeepr's partners include leading public chains and popular projects such as EOS, IOST, Rats, Mice, Suiswap, and Bee Network.

ChainCatcher news, the crypto venture capital firm Blockchain Capital has launched a new program called BCAP Build, aimed at focusing on providing post-investment support for founders while rebranding its website to showcase its portfolio company network. It is reported that the program will support talent management, market strategy, and partnership networks for its portfolio companies.In addition, Blockchain Capital's general partner Kinjal Shah stated that the new project will be dedicated to helping founders with token design for their projects.It is reported that Blockchain Capital was founded in 2013 and currently manages $1.9 billion in assets. (Source link)

ChainCatcher message, Cinneamhain Ventures partner Adam Cochran tweeted, "I don't know the news about Jump Crypto, but I just realized today must be a bad day for them as they have over-invested in the Solana ecosystem and co-invested in FTX. Currently, the status of several related on-chain addresses I can find is still stable." (source link)