Highlights of this issue
According to incomplete statistics from PANews, there were 17 investment and financing events in the global blockchain last week (August 4-10), with a total funding amount exceeding US$111.2 million. In addition, the total amount of financing for listed companies' crypto asset reserves exceeded US$846 million. An overview is as follows:
- DeFi announced four investment and financing events, including the UK blockchain project BOB's $9.5 million new round of financing, with participation from Amber Group and others.
- The Web3 Gaming & NFT track announced two investment and financing events. Among them, SuperGaming announced the completion of a US$15 million Series B financing round, led by Skycatcher and Steadview Capital.
- The Web3+AI track announced two investment and financing events. Among them, the Web3-based AI project Perle completed a $9 million seed round of financing, led by Framework Ventures;
- The Infrastructure & Tools sector announced five investment and financing events, including OpenMind's $20 million financing led by Pantera Capital;
- The centralized finance sector announced two investment and financing events, including Tether leading a €30 million investment in Spanish crypto exchange Bit2Me;
- Elsewhere , four listed companies have completed financing to establish crypto treasuries, including Verb Technology, which announced a $558 million private placement to establish the first listed TON treasury company.
DeFi
BOB announced the completion of multiple strategic financing rounds totaling $21 million since December 2024. This latest round, totaling $9.5 million, was led by existing investors including Castle Island Ventures, Ledger Cathay Capital, and RockawayX, as well as new investors including Amber Group, Sats Ventures, and Anchorage Digital CEO Nathan McCauley.
BOB has previously raised $10 million in seed funding and $1.6 million in angel funding . BOB is committed to promoting Bitcoin's adoption in decentralized finance by integrating Bitcoin and Ethereum DeFi through its hybrid chain technology. BOB recently launched native Bitcoin DeFi functionality on its testnet and plans to enable trustless BTC deposits and withdrawals using BitVM technology, with plans to launch services on the mainnet in the future. Furthermore, BOB is the first hybrid ZK Rollup to utilize zero-knowledge technology to optimize optimistic rollups, further improving efficiency and reducing costs.
Euphoria, a crypto derivatives trading application built on MegaETH, announced the completion of a $7.5 million seed round, comprised of a $2.5 million pre-seed round in November 2024 and a $5 million seed round from February to July 2025. The seed round was led by Karatage, with participation from Figment Capital and Robot Ventures. Other participants included Bankless Ventures, First Commit, Hash3, Comfy Capital, Kosmos Ventures, and over 100 angel investors.
The project is developing a mobile "click-to-trade" interface to lower the barrier to entry for users by streamlining the workflow for derivatives like options and perpetual contracts. Euphoria plans to launch the MegaETH mainnet this year. Its business model will be modeled after Hyperliquid, with profits generated through market making and transaction fees. The team currently has eight members and plans to add 3-5 new engineering and product positions. The long-term roadmap includes issuing a native token.
Doppler Finance Completes $3 Million Seed Round, Led by Reforge
Doppler Finance, the XRP Ledger native yield protocol, announced the completion of a $3 million seed round of financing, led by Reforge, with participation from DCG, Maven 11, Hashkey Capital, GSR, CMCC Global Titan Fund, Keyrock, Tenity, CRIT USA, Cluster Capital, Flowdesk, Auros and G 20.
Doppler is committed to building a compliant, custodial CeDeFi yield infrastructure, filling the gap left by the XRP Ledger's lack of a native yield mechanism. Currently, XRP has a market capitalization of nearly $200 billion, yet less than 0.1% of assets earn yield on-chain. Doppler partners with custodians such as Fireblocks, Bitgo, Copper, and Ceffu to provide a secure, transparent, and verifiable asset management mechanism that has passed legal and technical audits.
Doppler stated that its platform has accumulated over $500 million in institutional funds and will initially support yield vaults for XRP and Ripple's stablecoin RLUSD. It also plans to enter the US market to provide yield solutions for compliant funds and financial platforms. The platform also provides API and SDK interfaces to facilitate integration with custodians, wallets, and platforms, promoting the institutionalization and standardization of XRPfi.
Solana Chain Stablecoin Project Hylo Completes $1.5 Million Seed Round
The Solana chain stablecoin project Hylo completed a seed round of financing led by Robot Ventures, raising US$1.5 million. Solana Ventures, Geoff Renaud, Erik Ashdown, Anna Yuan, YTWO, Colosseum, Matthew O'Connor, Chris Heaney, Solar, Thomas, Sean Hu, Cupid, Luke Truitt and others participated in this financing.
Web3 Games & NFTs
SuperGaming, a game development company headquartered in Pune, India and Singapore, announced the completion of a $15 million Series B funding round led by Skycatcher and Steadview Capital, with participation from A16z Speedrun, Bandai Namco 021 Fund, Neowiz, and Polygon Ventures. SuperGaming's valuation has reached $100 million. The new funds will be used to expand internationally (first in Latin America) for its game "Indus Battle Royale" and upgrade its technology platform. The company has accumulated 200 million game downloads and is advancing new technologies such as a cloud-based multiplayer backend and Web3 digital asset ownership through SuperPlatform.
Animoca Brands strategically invests in NFT brand Cool Cats
Animoca Brands announced on Twitter that it has made a strategic investment in the NFT brand Cool Cats. Following the investment, Animoca Brands Executive Chairman and Co-Founder Yat Siu and Mocaverse Project Lead Tyler Durden will join the Cool Cats board of directors.
AI
Perle, a Web3-based AI project, raises $9 million in seed funding led by Framework Ventures
Perle, a Web3-based artificial intelligence project, announced the completion of a $9 million seed round of funding led by Framework Ventures, bringing the startup's total funding to $17.5 million. The project aims to optimize the quality of AI training data using blockchain technology and crypto-economic incentives. Perle plans to launch Perle Labs, which will use blockchain technology to record data contributions and incentivize users to provide high-quality feedback to improve AI model training. Its CEO stated that decentralized data annotation can reduce bias and improve model performance. Previously, Perle completed an $8.5 million Pre-Seed round of funding led by CoinFund in October 2024.
Multiple Network completes a new round of strategic financing, with participation from Gate Labs, 071 Labs and other institutions
Multiple Network announced the completion of a new round of strategic financing, bringing its post-investment valuation to $100 million. Investors include GateLabs, 071 Labs, and IBC Group, and this round of funding lays the foundation for Multiple Network's upcoming Time General Equity (TGE).
Multiple Network is a privacy-focused AI acceleration network. It provides anonymous communication and encrypted transmission services by aggregating distributed node bandwidth through a privacy-preserving and data-acceleration network based on P2P and SD-WAN technologies. Providing higher bandwidth and lower latency, Multiple is widely used for AI model invocation, search engine interaction, and encryption and acceleration of large-scale sensitive data, improving the efficiency and security of AI model training and inference.
AI-native ERP platform Rillet completes $70 million Series B financing, led by A16z and ICONIQ
Rillet, an AI-native enterprise resource planning (ERP) platform, announced the completion of a $70 million Series B funding round led by Andreessen Horowitz and ICONIQ, with participation from Sequoia, OakHC/FT, and others. This brings Rillet's total funding raised in a year to over $100 million. Founded by former N26 executives, Rillet serves over 200 clients, has doubled its ARR in the past 12 weeks, and is partnering with accounting firms such as Armanino and Wiss. The company aims to reduce book close cycles to days through native integration and embedded AI.
(Not included in this issue's financing weekly report statistics)
Infrastructure & Tools
Ripple announces it will acquire stablecoin payment platform Rail for $200 million
Ripple will acquire Toronto-based stablecoin payment platform Rail for $200 million. The transaction is expected to close in the fourth quarter of this year, subject to regulatory approval. Rail, backed by Galaxy Ventures and others, handles 10% of global stablecoin payments, primarily focusing on cross-border payments. The acquisition will enhance Ripple's payment solutions capabilities and its stablecoin, RLUSD. Ripple previously announced the $1.25 billion acquisition of Hidden Road to enhance RLUSD's application scenarios.
( Acquisition cases are not included in the amount statistics )
OpenMind Completes $20 Million Funding Round, Led by Pantera Capital
OpenMind, a Silicon Valley-based intelligent machine infrastructure company, announced the completion of a $20 million funding round led by Pantera Capital, with participation from Ribbit, Sequoia China, Coinbase Ventures, DCG, Lightspeed Faction, Anagram, Pi Network Ventures, Topology, Primitive Ventures, and Amber Group, as well as several prominent angel investors. The funds will be used to expand the engineering team and collaborate with more manufacturers to apply OM1 and FABRIC to 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 implications comparable to Linux for open source software and Ethereum for decentralized applications.
Founded by Stanford University Professor Jan Liphardt, OpenMind is dedicated to building a universal operating system and decentralized collaborative network for intelligent machines, enabling robots of all manufacturers and forms to securely trust each other, share information, and collaborate globally. Its core products include the OM1 operating system and the FABRIC collaboration protocol. The former empowers robots of all types with perception, adaptation, and action, while the latter provides cross-platform authentication and secure collaboration. Together, they create an open and secure "nervous system" for robots worldwide.
Hong Kong-listed company Yisou Technology announced a US$5 million strategic investment in Lightnet, a fintech company under the Charoen Pokphand Group, to support its Web3 technology and cross-border payment business. In addition, Yisou Technology also announced that it will deepen its real-world asset (RWA) strategic layout.
Blindpay, a stablecoin payment infrastructure, announced the completion of a $3.3 million seed round from investors including Y Combinator, 468 Capital, Bitso, Transpose VC, and Acacia Venture Capital Partners, as well as angel investors Jawed Karim (co-founder of YouTube), Raphael Dyxklay, and Caetano Lacerda (co-founder of Barte). The company is committed to building a better global payments infrastructure through stablecoins, providing businesses with tools for cross-border transfers, compliance management, and quick opening of virtual US accounts, all through a developer-friendly API. By 2025, Blindpay had processed over $125 million in transfers, including $46 million in July alone.
TradeTide announces the completion of its seed round of financing, with participation from CatcherVC and Candaq
TradeTide, an AI-powered crypto strategy platform, announced the completion of its seed funding round, bringing its valuation to $20 million. This round included participation from CatcherVC, Candaq, CGV FOF, Stratified Capital, and K24 Ventures.
TradeTide is reportedly building an AI-powered smart strategy platform for crypto traders and institutional users. Core features include real-time token diagnostics, on-chain social data analysis, portfolio health checks, and trend prediction. The platform also plans to introduce an interactive smart assistant to help users improve trading decision-making efficiency. The platform has already completed initial deployment on the BNB Chain and has established partnerships with multiple ecosystem projects and investment institutions.
Officials stated that this round of financing will be primarily used for technology research and development, AI system optimization, product implementation, and ecosystem expansion. The team will continue to promote the deep integration of AI and crypto trading, providing Web3 users with smarter and more transparent strategic tools.
other
Consumption:
Decentralized prediction market Bayes Market completes $2 million strategic round of financing
Decentralized prediction market Bayes Market announced the completion of a $2 million strategic round of financing, with participation from Singapore funds GreenVision Fund, Jkapital Ltd, and Bearcat. Bayes Labs is currently focused on the Asian market. The new funds will be used to optimize the decentralized intelligent prediction participation framework and accelerate product development, regional expansion, and user growth.
meme:
Fair Launch Platform Juicy.meme Completes $400,000 Pre-Seed Funding, with Ju Ventures Participating
Juicy.meme, a fair launch platform, announced the completion of a $400,000 pre-seed funding round, bringing its post-money valuation to $8 million. Ju Ventures exclusively invested in this round. Juicy.meme, the first fair launch platform for memes in the Juchain ecosystem, has reportedly created over 440 tokens in just 20 days, with 20 of them successfully graduated, a graduation rate of 4.5%, exceeding the same period figures for pump.fun (0.81%) and four.meme (1.9%). Furthermore, the platform boasts over 15,000 active addresses and has surpassed $20 million in cumulative transaction volume, demonstrating strong growth potential and user engagement.
Officials stated that this round of financing will be primarily used for product upgrades, ecosystem development, and the introduction of high-quality projects. As a strategic partner, Ju Ventures will work with Juicy.meme to promote the development of the Juchain fair launch ecosystem and jointly identify more early-stage projects with meme potential and community interest.
Crypto asset reserves: ( not included in this issue's financing weekly report statistics )
Verb Technology Company (Nasdaq: VERB) announced the completion of approximately $558 million in a private placement (PIPE) financing. The company, in partnership with Kingsway Capital, will establish the first publicly listed Toncoin ($TON) treasury company. The company plans to change its name to TON Strategy Co. (TSC), and the majority of the proceeds will be used to acquire $TON, becoming one of the world's largest $TON holders. The transaction is expected to close on August 7th. TSC will use $TON as its primary reserve asset and generate returns through staking. Over 110 institutions, including Kingsway Capital, Vy Capital, and Blockchain.com, participated in the investment.
UK AI company Satsuma completes $217.6 million fundraising, BTC reserves increase to 1125.85
Satsuma Technology, a UK-based AI company, announced the successful completion of its second round of convertible loan notes, raising approximately £163.6 million (US$217.6 million), exceeding its target by 63.66%. The fundraise was backed by institutions including ParaFi, Pantera, DCG, and Kraken, and included 1,097 Bitcoins as part of the funding, increasing its Bitcoin reserves to 1,125.85. The funds will be used to expand its decentralized AI and Bitcoin finance strategies, including strengthening operations and retaining a portion for cash flow.
The Bitcoin Standard Treasury Company (BSTR) has announced that it has secured an additional $65 million in funding, equivalent to approximately 555 bitcoins (at the current price of $116,750). The funds will be used upon the completion of the merger of BSTR and CEPO. The combined company will trade under the ticker symbol "BSTR" and plans to hold 30,021 bitcoins.
Previously , BSTR announced it had entered into a definitive business combination agreement with Cantor Equity Partners I, Inc. (Nasdaq: CEPO), a special purpose acquisition company sponsored by affiliates of Cantor Fitzgerald. The combined company will also receive up to $1.5 billion in post-IPO private equity PIPE financing, the largest PIPE financing ever in a Bitcoin Reserve-related SPAC merger transaction, and the SPAC will contribute approximately $200 million in additional funds, subject to redemptions.
ZOOZ, a dual-listed company based in Nasdaq and Tel Aviv, has completed its first private placement of $5 million at a price of $2 per share (or prepaid warrants), along with two warrants with an exercise price of $3.06 per share. This round represents the first phase of a $180 million private placement . Following shareholder approval of the remaining proceeds, the company plans to use approximately 95% of the proceeds to establish a Bitcoin reserve after repayment of the promissory note, becoming the first dual-listed company to implement a long-term BTC treasury strategy.
Centralized Finance
Tether leads €30 million funding round for Spanish crypto exchange Bit2Me
Tether, through its subsidiary Tether Ventures, has led a €30 million (approximately $35 million) funding round in Spanish crypto exchange Bit2Me, acquiring a minority stake. Bit2Me has been authorized by Spain's securities regulator, becoming the first Spanish-language fintech company to receive the EU's MiCA license. The company plans to use this funding to expand its presence in Latin America, with a focus on Argentina. Existing shareholders include major Spanish institutions such as Telefónica, BBVA, and Unicaja. The specific stake and valuation in the transaction were not disclosed.
MEXC Ventures invests in Indonesian crypto exchange Triv, valuing it at $200 million
MEXC Ventures, the investment arm of crypto exchange MEXC, has invested an undisclosed amount in Indonesian crypto exchange Triv at a valuation of $200 million as part of its Southeast Asian expansion strategy. Founded in 2015, Triv claims to have over 3 million registered users and holds licenses for spot trading, staking, and futures trading. The platform states that it is "fully regulated" by Indonesia's Financial Services Authority (OJK) and the Commodity Futures Trading Regulatory Authority (BAPPEBTI). Triv has not previously disclosed any institutional funding, and it is unclear whether this MEXC investment marks its first external funding round.
investment institutions
pSTAKE Foundation Launches $50 Million AI-Web3 Innovation Fund, Applications Now Open
The pSTAKE Foundation has announced that its $50 million AI-Web3 Innovation Fund is now open for applications. The program aims to accelerate research, development, and collaboration at the forefront of generative AI and the decentralized web. The fund focuses on five strategic areas: 1. Decentralized Generative Agents: fully on-chain, autonomous AI entities; 2. On-chain Provenance: transparent attribution of datasets, models, and agent outputs; 3. Market Layer for AI Assets: valuation, exchange, and collateralization protocols; 4. Programmable Creative Engines: AI pipelines for dynamic multimedia; and 5. Secure, Composable Infrastructure: secure and scalable building blocks for interoperable AI-Web3 systems.
Scenius Capital Closes $20 Million in New Fund, Focused on Supporting Emerging Crypto VCs
Scenius Capital announced the closing of a slightly oversubscribed $20 million new fund focused on emerging crypto venture capital funds. The company stated that the fund will support early-stage managers with advantages in their respective sectors, regions, or ecosystems. ParaFi has made a strategic investment in Scenius Capital and will provide financial support for the expansion of its business lines and token capital markets advisory services. Scenius Capital stated that despite the challenging market environment, it has received support from numerous crypto-native LPs and will continue to focus on smaller, first- and second-round managers.
Victus Global launches $10 million fund to support small-cap blockchain projects
Victus Global, a crypto-native fund, has announced the establishment of a $10 million investment fund to support low-cap blockchain projects with established market fit. The fund will primarily target projects within Victus Global's internal strategic partner network, ecosystem projects already benefiting from its token services and over-the-counter investments, and external projects that can be integrated into its trading, hedging, or Web3 infrastructure pipelines.
