Crypto Fundraising weekly
Dates: 19 – 25, Nov 2018

This week's biggest funding round

Genies raised $10M in a funding round from New Enterprise Associates (NEA), Sean Rad, Tony Robbins, The Chainsmokers.

Pre-seed and Seed investment rounds

Propine raised $1.6M in a Seed funding round from SGInnovate, Lunex, Entrepreneur First, Chainfund Capital, Decacorn Capital.

Propine is an enterprise-grade digital asset custodian offering services for tokenization, custody, trading, and DeFi solutions. It is the first CMS-licensed custodian in Asia, authorized by the Monetary Authority of Singapore. Propine provides secure, scalable solutions for institutional clients, including banks, exchanges, and asset managers, with a focus on regulatory compliance and investor protection. The platform enables safe storage and management of both digital and fiat assets, offering tokenization and white-label services.

Other investment rounds

AZA Finance raised $5M in a  funding round from Sompo Holdings.

Yunphant Blockchain raised $2.9M in a Series A  funding round from Shenzhen Capital Group.

1Token raised $2.9M in a Series A  funding round from Matrix Partners, Milestone.

* fund, that lead investment round