Overview of Global Blockchain Financing Last Week

According to incomplete statistics, there were a total of 9 financing events in the global blockchain industry last week (July 7 - July 13), with a total funding scale exceeding $0.85 billion. In addition, the total amount of financing for listed companies' crypto asset reserves exceeded $874 million. The financing situation in various fields is as follows:

DeFi

The hybrid decentralized exchange Kuru Labs has completed a $11.5 million Series A financing. The project aims to build a new type of decentralized exchange on the Monad Blockchain that integrates an automated market maker with a centralized order book architecture, using a default AMM strategy to provide base liquidity for each order book, with the goal of enhancing on-chain trading flexibility and depth.

Web3 Games

The game development platform Remix has completed a $5 million seed round financing. The platform combines AI code generation with hyper-casual games, allowing creators to quickly generate games through text prompts and enabling remix-style secondary creation of existing games. The platform plans to achieve profitability through in-game advertisements and item commissions, and will soon launch on-chain monetization tools.

Web3+AI

DeFAI trading and asset management platform Velvet Capital has announced the completion of a $3.7 million financing. Its new system integrates an AI multi-agent operating system, trading terminal, asset management suite, and API, aiming to provide seamless on-chain asset management and trading experiences for funds, DAOs, and individual traders.

The AI-driven cryptocurrency trading platform OlaXBT has completed a seed round financing of $3.38 million. OlaXBT utilizes proprietary MCP technology and reinforcement learning to achieve automated market-making, sentiment analysis, and trade execution, built on the BNB Smart Chain, and includes a market composed of interoperable MCP servers and a chat-based trading terminal.

Infrastructure & Tools

Stablecoin startup Agora has raised $50 million in Series A funding. Agora focuses on the AUSD stablecoin and helps other companies issue their own branded stablecoins through white-label services. The company stated that it will continue to focus on overseas markets to meet the demand for stablecoins arising from cross-border payments and local currency fluctuations.

The cryptocurrency OTC settlement platform BridgePort has completed a $3.2 million seed funding round. The company offers a middleware solution that connects exchanges, custodians, and trading firms, aiming to optimize capital allocation and post-trade processes through real-time messaging and collateral management.

The Layer 1 public chain Memecore, focused on Meme culture, has received strategic investment. The native token of Memecore, $M, has recently been listed on trading markets and has launched core ecological projects such as MemeX.

The blockchain infrastructure platform Aspecta has received strategic investment. Aspecta is committed to providing intelligent verification, price discovery, and lifecycle liquidity for illiquid assets such as pre-TGE stocks, locked tokens, private equity, and RWA.

Centralized Finance

NEXBRIDGE and its trading platform NEXPLACE completed an $8 million Series A financing round, aiming to expand a compliant digital asset issuance and trading ecosystem based on the Bitcoin Liquid network. NEXBRIDGE previously launched the first compliant digital asset USTBL backed by U.S. Treasury bonds, and this round of financing will accelerate the launch of more assets and their distribution across licensed platforms.

Venture Capital Institutions

Ego Death Capital has completed a $100 million second fund, focusing on promoting the development of software companies based on the Bitcoin protocol. This fund primarily invests in businesses with annual revenues between $1 million and $3 million that are hindered in growth due to limited funding, with a focus on supporting Series A financing.

Listed Company Cryptocurrency Asset Reserves

Multiple listed companies announced financing and plan to purchase cryptocurrency assets:

• French 5G/4G IoT semiconductor company Sequans Communications has completed a $384 million financing, and will use all net proceeds to purchase Bitcoin.

• Japanese listed company Remixpoint raised approximately 31.5 billion yen (about 215 million USD) and plans to use all the funds to purchase Bitcoin, aiming to increase its holdings to 3,000 coins.

• Nasdaq-listed company Upexi announced a private placement of $200 million in common stock and convertible notes to purchase SOL. It is expected to hold approximately 1.65 million SOL after the bond issuance is completed.

• Sweden's H100 Group has raised approximately $54 million to advance its Bitcoin reserve strategy.

• Public company Hilbert Group received over 200 million Swedish Krona (approximately 21 million USD) in funding to support its Bitcoin strategy.