📢 Gate Square #Creator Campaign Phase 1# is now live – support the launch of the PUMP token sale!
The viral Solana-based project Pump.Fun ($PUMP) is now live on Gate for public sale!
Join the Gate Square Creator Campaign, unleash your content power, and earn rewards!
📅 Campaign Period: July 11, 18:00 – July 15, 22:00 (UTC+8)
🎁 Total Prize Pool: $500 token rewards
✅ Event 1: Create & Post – Win Content Rewards
📅 Timeframe: July 12, 22:00 – July 15, 22:00 (UTC+8)
📌 How to Join:
Post original content about the PUMP project on Gate Square:
Minimum 100 words
Include hashtags: #Creator Campaign
Global Blockchain Week funding exceeds 900 million USD, with DeFi and stablecoin projects favored.
Overview of Global Blockchain Investment and Financing Last Week
According to statistics, last week (7.7-7.13) there were a total of 9 investment and financing events in the global Blockchain industry, with a total funding scale exceeding $0.85 billion. In addition, the total financing amount for listed companies' crypto asset reserves exceeded $874 million. The specific overview is as follows:
In the DeFi sector, there has been a financing event where the hybrid decentralized exchange Kuru Labs completed a $11.5 million Series A funding round, led by a well-known investment institution.
There was 1 funding event in the Web3 gaming sector, with game development platform Remix completing a $5 million seed round financing, with multiple investment institutions participating.
There are 2 investment and financing events in the Web3+AI track, among which the DeFAI trading and asset management platform Velvet Capital announced the completion of $3.7 million in financing.
There were 4 investment and financing events in the infrastructure and tools sector, among which stablecoin startup Agora received $50 million in Series A funding led by a well-known investment institution.
There was 1 investment and financing event in the decentralized finance sector, NEXBRIDGE completed a $8 million Series A financing, led by Fulgur Ventures.
DeFi
The hybrid decentralized exchange Kuru Labs has completed a $11.5 million Series A financing round, led by a well-known investment firm. Kuru Labs is dedicated to building a new type of decentralized exchange on the Monad Blockchain that integrates an automated market maker (AMM) and centralized limit order book (CLOB) architecture. Kuru adopts a default AMM strategy to provide basic liquidity for each order book, aiming to enhance on-chain trading flexibility and depth. The project previously completed a $2.2 million seed round financing.
Web3 Games
The game development platform Remix has completed a $5 million seed round of financing, with multiple investment institutions participating, bringing the total financing amount to $6.75 million. The platform combines AI code generation with hyper-casual games, and currently, 570,000 players have experienced 800 games on the platform. Remix, formerly known as Farcade, is characterized by allowing creators to quickly generate games through text prompts and enabling "mashup" style secondary creations of existing games. The platform plans to achieve profitability through in-game advertising and item commissions, and will soon launch on-chain monetization tools. It currently supports a certain instant messaging platform (based on the TON network) and World App, and will later launch on a new wallet of a certain exchange platform.
AI
The DeFAI trading and asset management platform Velvet Capital has completed a financing round of 3.7 million USD, with multiple investment institutions participating. 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 VELVET token can be unlocked through staking to access multiple rights such as platform governance, profit sharing, and fee discounts.
The AI-driven cryptocurrency trading platform OlaXBT has completed a $3.38 million seed funding round, led by a well-known cryptocurrency company, with participation from several investment institutions. OlaXBT utilizes proprietary MCP (Model Context Protocol) technology and reinforcement learning to achieve automated market making, sentiment analysis, and trade execution. It is built on the BNB Smart Chain and includes a market composed of interoperable MCP servers and chat-based profit-making trading terminals.
Infrastructure and Tools
Stablecoin startup Agora has secured $50 million in Series A funding, led by a well-known investment institution. Agora was co-founded by Nick van Eck, Drake Evans, and Joe McGrady, focusing on the AUSD stablecoin and helping other companies issue their own branded stablecoins through white-label services. Agora currently has a market capitalization of $130 million for AUSD and the company stated that it will continue to focus on overseas markets to meet the demand for stablecoins driven by cross-border payments and local currency fluctuations. Additionally, Agora's model shares the returns from dollar assets with partners, aiming to encourage more financial institutions to participate in this field.
The cryptocurrency over-the-counter settlement platform BridgePort has completed a $3.2 million seed round financing, led by Further Ventures with participation from multiple investment institutions. The company plans to enhance its collateral and credit functionalities in subsequent updates. BridgePort provides a middleware solution that connects exchanges, custodians, and trading firms. This solution aims to optimize capital allocation and post-trade processes through real-time messaging and collateral management, while addressing issues such as pre-funding requirements, credit risk, and inefficient settlement.
The Layer 1 public chain Memecore, which focuses on Meme culture, has received a strategic investment from the compliance-driven liquidity strategy firm Klein Labs. The native token of Memecore, $M, has recently been listed on a trading platform, Alpha Market, and has launched core ecosystem projects such as MemeX. Since its launch, $M has seen an increase of over 1000% in a short period. Klein Labs stated that this investment aims to support the long-term development of Memecore in infrastructure and ecosystem building.
Blockchain infrastructure platform Aspecta has received strategic investment from YZi Labs. Aspecta is dedicated to providing smart certification, price discovery, and lifecycle liquidity for illiquid assets such as pre-TGE stocks, locked tokens, private equity, and RWA. This financing will help Aspecta expand its network scale, strengthen collaboration with key partners, and promote the global application of its "Alpha Asset" open economic framework.
Crypto Asset Reserve
French 5G/4G IoT semiconductor company Sequans Communications has completed a strategic investment of $384 million and launched a Bitcoin reserve plan. The company will use all net proceeds to purchase Bitcoin, officially initiating its Bitcoin reserve strategy. This move reflects Sequans' strong confidence in Bitcoin as a quality asset and its long-term investment value. The company plans to continue purchasing Bitcoin in the future using surplus cash generated from its main business and new funds, and will collaborate with the Swan Bitcoin platform to ensure secure execution, regulatory compliance, and market transparency.
The Japanese listed company Remixpoint raised 31.5 billion yen (approximately 215 million USD) to purchase Bitcoin, planning to increase its holdings to 3,000 coins. Currently, the company holds 1,051 BTC, with a recent goal of raising its holdings to 3,000 coins. The company stated that this move is based on a strong belief in the future of Bitcoin and the result of internal long-term discussions.
Upexi, a Nasdaq-listed company, simultaneously conducted a private placement of $200 million in common stock and convertible notes to purchase SOL. The company bought and sold 12,457,186 shares of common stock at a price of $4.00 per share (with a management participation price of $4.94 per share), generating total proceeds of approximately $50 million. At the same time, the company also issued convertible notes with a total original principal amount of about $150 million, completing the subscription in the form of locked and spot SOL. It is expected that after the bond issuance is completed, the company will hold approximately 1.65 million SOL, more than doubling the previously disclosed balance of 735,692 SOL.
Swedish H100 Group has raised an additional 516 million Swedish Krona (approximately 54 million USD) to advance its Bitcoin reserve strategy. As a result, the group's total financing has reached 921 million Swedish Krona (96 million USD), significantly increasing from the previous scale of 405 million Swedish Krona (42 million USD).
Public company Hilbert Group has secured over 200 million Swedish Krona (approximately 21 million USD) in funding to support its Bitcoin strategy. The company has obtained long-term financing from American institutional partners, with part of the funds being used to support its cryptocurrency asset portfolio strategy, focusing on promoting the use of Bitcoin in the European corporate market. The company plans to launch a transparency dashboard to display the holdings of its cryptocurrency asset portfolio in real-time.
Centralized Finance
NEXBRIDGE has completed an $8 million Series A financing round for its trading platform NEXPLACE, led by Fulgur Ventures. The funding aims to expand the 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 financing round will accelerate the launch of more assets and their distribution across licensed platforms. The two platforms will fully integrate in the second half of 2025, enhancing regulatory compliance and asset transparency structures.
Venture Capital Firms
Ego Death Capital has completed a $100 million Bitcoin company investment fund. The fund focuses on promoting the development of software companies based on the Bitcoin protocol, primarily investing in businesses with annual revenues between $1 million and $3 million that are hindered in growth due to limited funding, with a particular emphasis on supporting Series A financing. Ego Death Capital stated that it is committed to investing in Bitcoin companies that genuinely solve real-world problems, rather than in cryptocurrency tokens or the hardware and mining sectors.