Crypto Fundraising weekly
Dates: 02 – 08, Feb 2025

This week's biggest funding round

Taproot Wizards raised $30M in a funding round from Standard Crypto*, Cyber Fund, Collider Ventures, Geometry, Masterkey VC, Newman Capital.

Taproot Wizards is a Bitcoin-centric project inspired by the early Bitcoin wizard meme, aiming to rekindle the magic and sense of community within the Bitcoin space. With the mission to rebuild the "Wizard Village," Taproot Wizards invites enthusiasts to join in and embrace the magic of Bitcoin through the creation and sharing of "Magic Internet JPEGs" and the revival of forgotten Bitcoin verses. The project seeks to reignite the spark of curiosity and camaraderie that characterized the early days of Bitcoin.

Pre-seed and Seed investment rounds

ProdigyFi raised $5M in a Seed funding round from Quantstamp*, Republic*, Arbelos Markets, Panony, RSK Capital, Samara Alpha Management.

ProdigyFi is a decentralized finance (DeFi) platform offering a Dual Investment product that enables users to earn yields by setting target prices to buy or sell cryptocurrencies like Wrapped Ethereum (WETH). Users can create or subscribe to vaults with customizable parameters such as target price, expiration, and yield, facilitating strategic trading and risk management. The platform caters to both novice and experienced traders, providing opportunities for permissionless trade execution and optimization of positions based on market movements.

Fragmetric raised $7M in a Seed funding round from Finality Capital*, Hashed*, Hypersphere, Presto Labs, Bitscale Capital, Halo Capital, Flowdesk.

Fragmetric is a Solana-based liquid restaking protocol aimed at enhancing the security and economic growth of Solana’s ecosystem. With $fragSOL, the first Liquid Restaking Token (LRT), users can earn yields on their staked SOL and liquid staking tokens while participating in DeFi. Fragmetric’s platform utilizes Solana’s token extension to optimize the distribution of staking, MEV, and NCN/AVS rewards, enabling users to leverage $fragSOL as collateral, provide liquidity, or trade on DEXs. The protocol’s goal is to build a robust restaking ecosystem through standardized LRTs and community contributions.

Fraktion raised $1.1M in a Seed funding round from Cabrit Capital, Tezos Foundation, Vox Capital.

Fraktion is an end-to-end SaaS platform dedicated to the tokenization and management of real-world assets (RWAs). It enables businesses to digitize assets, issue and manage security tokens, and streamline investor onboarding with integrated KYC/AML compliance. Fraktion’s white-label solution allows clients to launch personalized investment platforms efficiently, reducing operational costs and enhancing investor engagement. The platform supports various use cases, including club deals, community-led investments, and crowdfunding initiatives.

Henlo raised $3M in a Seed funding round from The Honey Jar, Kodiak, Arcthecommunity (ARC), Framework Ventures, Rubik VC, Baboon VC, Primitive, SNZ Holding, ViaBTC Capital, Paramount Capital, Wizards Capital, Asylum Ventures.

Henlo is a memecoin built on the Berachain blockchain by The Honey Jar community. Positioned as a “dumb memecoin” with zero utility, it embraces a playful and community-driven approach within the crypto space. Henlo aims to foster engagement through memes, games, and a lighthearted culture, serving as an entry point for newcomers to the crypto world.

Rho Protocol raised $4M in a Seed funding round from CoinFund*, Flow Traders, Speedinvest, Auros Global.

Rho Protocol is a non-custodial platform revolutionizing institutional-grade interest rate derivatives trading. By seamlessly integrating crypto-specific and traditional rates on-chain, it offers a transparent and secure marketplace for derivatives, providing capital-efficient opportunities for institutional crypto traders. It focuses on areas such as staking, digital asset lending, and funding rates. The upcoming private beta launch on Arbitrum marks a key milestone in reshaping interest rate markets in the decentralized crypto landscape.

Tevau raised undisclosed amount in a Pre-seed funding round from .

Tevau is a financial platform that offers a crypto-linked card, allowing users to manage and spend their cryptocurrency holdings seamlessly. Through the Tevau app, available on the Google Play Store, users can easily manage their Tevau card, including features to freeze, replace, or manage the card. The platform supports both VISA and Mastercard, providing flexibility in transactions. Tevau aims to empower individuals by providing seamless access to financial opportunities, bridging the gap between traditional finance and the crypto world

Flashnet raised $4.5M in a Seed funding round from Abstract Ventures*, UTXO Management, Soma Capital, HF0, Chapter One, Accomplice Blockchain, Fan Zhang.

Flashnet is a non-custodial Bitcoin exchange enabling instant, low-fee trading via Lightning Network and UTXO transactions. It integrates seamlessly with Bitcoin wallets and offers deep liquidity for developers.

Herd raised $1.8M in a Pre-seed funding round from Semantic Ventures*, Archetype, Will Price, Hardi Meybaum, Fredrik Haga, David Phelps, Jess Sloss, Paul Taylor.

Herd is developing a collaborative terminal, or “coterminal,” designed to simplify interactions with on-chain contracts. This platform enables users and AI agents to collaboratively search, understand, and compose existing on-chain contracts into both off-chain and on-chain outputs. By enhancing visibility and accessibility of smart contracts, Herd aims to unlock the potential of decentralized applications and streamline complex workflows within the crypto ecosystem.

Other investment rounds

Hex Trust raised undisclosed amount in a  funding round from Morgan Creek Capital*, Injective.

Hex Trust is a fully-licensed digital asset custodian offering bank-grade custody for digital assets and a range of solutions for financial institutions and the Web3 ecosystem. They provide services such as custody, DeFi, brokerage, and financing solutions, with offices in several countries including Singapore, Hong Kong, Dubai, Italy, and Vietnam.

The Game Company raised $10M in a  funding round from Telcoin*, Paul Neuner*, BullPerks*, SingularityDAO*, NodeMarket, HyperCycle.

The Game Company (TGC) is an AI-enhanced cloud gaming platform that enables users to play a wide range of games on any device without the need for expensive hardware or downloads. With a library of over 1,300 titles from platforms like Steam and Epic Games, TGC offers lag-free gameplay through proprietary low-latency streaming technology. Integrated with Web3 features, the platform introduces tournaments, fantasy leagues, and play-to-earn mechanics, creating a seamless gaming and earning ecosystem.

Multisynq raised $350K in a Public sale  funding round from .

Multisynq is a decentralized synchronization network enabling individuals to monetize their excess internet bandwidth by selling it to developers for creating unified online experiences. It connects Synqers and Coders, allowing anyone to participate as a Synqer and earn rewards while providing low-latency, perfectly synchronized connectivity for multiplayer games and applications built by Coders on the network.

W Chain raised $700K in a  funding round from Victus Capital.

W Chain is a hybrid layer-1 blockchain platform designed specifically for global payments. By integrating public and private blockchain layers, it offers enhanced scalability, speed, and security. The platform supports high transaction volumes, aiming to streamline complex business processes and ensure efficient, secure transactions.

Superlogic raised $13.7M in a Series A  funding round from Powerledger*, Sangha Capital, 10SQ Capital (TenSquared), Nima Capital, ACTAI Ventures, Hyla, Liquid 2 Ventures, American Express Ventures (Amex), Galaxy Interactive, Mirabaud Lifestyle Impact and Innovation, Recharge Capital (Thematic Ventures), Dispersion Capital, Sanctor Capital.

Superlogic is a loyalty platform leveraging blockchain and AI technologies. It offers enterprise-grade solutions tailored for businesses, seamlessly integrating with existing CRM and loyalty management systems. Superlogic drives customer engagement and loyalty through innovative features and interoperable protocols.

Reservoir raised $14M in a Series A  funding round from Union Square Ventures (USV)*, Variant Fund, Archetype, Square Peg, 1kx, Delphi Digital, Nascent, PTC Crypto (Palm Tree Crew), Coinbase Ventures, Spaceship DAO, THE LAO, Sapphire Ventures, Framework Ventures.

Reservoir is an open-source developer platform that provides powerful tools and APIs for building next-generation NFT products. It aggregates and normalizes the entire NFT market into a single unified platform, enabling developers to access comprehensive NFT data, create, store, and fill NFT orders, and integrate trading functionalities into their applications. Reservoir supports multi-chain compatibility and aggregated liquidity from major NFT marketplaces, facilitating seamless NFT trading across various platforms.

Domin Network raised undisclosed amount in a  funding round from Animoca Brands.

Domin Network is a decentralized business network utilizing NFTs and DePIN rollup technology to connect software, hardware, and consumer behavior data on-chain. It enables users to earn crypto rewards by sharing their consumption data, fostering an open data economy. The Domin Foundation supports the ecosystem, introducing innovations like multi-redeemable NFTs (mrNFTs) and ERC-6672, a standard for programmable NFTs.

Textile (Tableland) raised undisclosed amount in a M&A  funding round from 3Box Labs.

Textile is a suite of open-source tools designed to integrate and extend Libp2p, IPFS, and Filecoin technologies. It offers developers decentralized solutions for data storage, database management, and communication. It's project Tableland is a decentralized database that utilizes SQL for structured data, providing developers with a web3-native, relational database that easily integrates into their stack. It allows developers to create and manage tables as on-chain assets with customizable permissions and smart-contract integrations, and aims to introduce practical data management for applications.

Keystone Hardware Wallet raised undisclosed amount in a Grants  funding round from Avalanche Foundation.

Keystone is a hardware wallet designed to provide secure, air-gapped cold storage for cryptocurrencies. It features a 4-inch touchscreen and utilizes QR code scanning for transaction signing, ensuring isolation from network connections such as Wi-Fi, Bluetooth, NFC, and cellular networks. This design enhances security by minimizing potential attack vectors. Keystone’s firmware is open-source, allowing for community audits and increased transparency. The device also includes multisignature support and advanced recovery mechanisms to safeguard assets.

Beamable raised $13.5M in a Series A  funding round from BITKRAFT Ventures*, Defy, GrandBanks Capital, Solana Foundation, P2 Ventures (Polygon Ventures), Scytale Digital, Arca Fund, Advancit Capital, 2 Punks Capital, Permit Ventures.

The Beamable Network is a DePIN designed to reduce gaming’s dependence on centralized hyperscalers. It decentralizes computing power, storage, and bandwidth, offering a cost-effective and resilient alternative for live game support through tokenized incentives. Beamable also provides an open, extensible game server platform with tools like LiveOps, Serverless Backend, and Web3 integration to help developers build and scale online games.

Olas (Autonolas) raised $13.8M in a  funding round from 1kx*, Tioga Capital Partners, Sigil Fund, Zee Prime Capital, Spaceship DAO, Metropolis DAO, Very Early Ventures, Borderless Capital, Arkn Ventures, Generative Ventures, Keyrock, Perridon Ventures, Smape Capital.

Olas is a decentralized platform that enables the creation and co-ownership of autonomous AI agents, fostering entire AI-driven economies. By incentivizing developers, operators, and other participants, Olas coordinates the deployment of agents across multiple blockchains, promoting a collaborative approach to AI development. The platform offers an open-source framework, the Olas Stack, which allows developers to build off-chain agents secured on-chain, ensuring robustness and transparency.

Klink Finance raised $3.2M in a  funding round from Castrum Capital*, Blockchain Founders Fund (BFF)*, UOB Venture Management, Master Ventures, Signum Capital, TechmeetsTrader, Taisu Ventures, MarsDAO, TRIVE Ventures, ChainGPT, Credit Scend, Gallet Capital, Trinity Ventures, Black Alpha Capital, Blockbase, XVC (XDC Ventures).

Klink Finance is a crypto wealth creation platform that combines quest-based task rewards with high-growth investment opportunities. Users can earn daily crypto payouts by participating in prize pools, yield services, and completing quests. The platform ensures security through Fireblocks’ custodial services and utilizes Chainlink’s Verifiable Random Function (VRF) for fair on-chain draws. Klink Finance is accessible via mobile applications on iOS and Android devices.

GOAT Gaming (Mighty Bear Games) raised $4M in a Strategic  funding round from TON Ventures*, Karatage*, Amber Group*, Bitscale Capital*, Framework Ventures, Mirana Ventures, Folius Ventures, Sfermion, The Spartan Group, Sanctor Capital, Dune Ventures, Infinity Ventures Crypto (IVC), Gate Ventures, DWeb3 Capital, Ocular VC, Play Ventures, Next Web Capital, Presto Labs, Skycatcher, Razer, Ancient 8, Avocado Guild, KGeN, ReadyPlayerDAO, Everblue Management, Great South Gate (GSG), Gabby Dizon, Santiago R. Santos, Grail eth.

GOAT Gaming, built by Mighty Bear Games, is a Telegram-exclusive gaming platform with 5M+ active users, offering competitive and casual games with real cash prizes. Powered by AlphaGOATs, autonomous AI agents that compete, earn, and evolve. Its AlphaAI tooling suite enables third-party developers to launch, monetize, and scale games seamlessly.

Corn raised $1.5M in a Public sale  funding round from .

Corn is a Ethereum layer-2 solution built on Bitcoin that enhances Bitcoin’s utility by using it for gas fees in decentralized finance (DeFi) ecosystems. Corn introduces BTCN, a hybrid tokenized Bitcoin backed 1:1 by native BTC, offering Bitcoin holders flexible options for using their assets in DeFi without relying on centralized intermediaries.

* fund, that lead investment round