Compiled by: Jinse Finance
This week, 22 blockchain startups collectively raised $1.2 billion in funding.
Largest Funding Round This Week
Circle raised $1.1 billion in an IPO funding round.
Circle is a global fintech company that provides a range of products and services related to digital assets. Its flagship product, USD Coin (USDC), is a stablecoin pegged to the US dollar and fully backed by cash and US Treasury bonds. Circle also offers crypto exchanges, payment processing services, and financial tools for businesses, making it a popular choice for individual users and enterprises looking to safely and efficiently engage with digital assets.
Pre-Seed and Seed Funding Rounds
3Jane raised $5.2 million in a seed funding round, with investors including: Paradigm*, Wintermute Ventures, Coinbase Ventures, Breed VC, Robot Ventures, Bodhi Ventures, and individual investors Andre Cronje, Kain Warwick, Joshua Lim, DeFiDad, Julian Koh, Zaheer Ebtikar.
3Jane is a crypto-native derivatives protocol that leverages reStaking and arbitrage to unlock new derivative yield sources. The protocol allows the shared security of any Proof-of-Stake system to be used as collateral for financial derivative contracts, enabling users to earn real ETH / BTC yields on EigenLayer and Babylon.
AINX raised $2 million in a seed funding round, with investors from Alpha Gamma (α, γ)*.
AINX is a decentralized AI computing network based on the Helioq protocol, integrating edge computing, federated learning, and token incentive mechanisms. Its flagship product, Helioq NodeX, is a plug-and-play device that allows users to contribute computing power, train models, and deploy AI agents. AINX supports applications in various domains including DeFi, Non-Fungible Tokens, DAOs, and Web3 gaming.
Launcher Capital raised $4 million in a seed funding round, with investment from a16z Crypto Startup Accelerator (CSX)*.
Launcher Capital is a Web3 game studio and incubation platform focused on creating a new generation of AI agents through gamification and blockchain technology. By combining multi-agent AI systems with interactive game environments, the platform enables creators to build, evolve, and monetize decentralized AI-driven games. The platform supports a decentralized creator economy, driving ownership and innovation in AI virtual worlds.
Other Funding Rounds
IOST raised $21 million in a strategic funding round, with investors including DWF Labs, Presto Labs, and Rollman Management Digital.
IOST's RWA 3.0 introduces a modular framework that splits real-world assets into principal tokens (P-Token) and yield tokens (Y-Token), enhancing on-chain programmability and composability. This approach allows independent trading, staking, and integration into DeFi strategies, transforming static asset performance into dynamic financial instruments. IOST's high-performance EVM-compatible multi-chain architecture supports customizable subnets, facilitating compliant and scalable deployment across different jurisdictions. With Japanese regulatory approval and partnerships with DigiFT and others, IOST aims to bridge traditional finance and DeFi, providing a compliant and efficient real-asset tokenization infrastructure.
[The translation continues in the same manner for the remaining text]Variational raised $1.5 million in a strategic funding round, with investors including Mirana Ventures, Caladan, and Zoку Ventures.
Variational is a peer-to-peer trading protocol focusing on perpetual contracts and general derivatives. Its flagship application Omni allows users to trade thousands of leveraged perpetual contracts, including meme coins, pre-launch tokens, and prediction markets. Omni aggregates centralized exchanges, decentralized exchanges, DeFi, and over-the-counter liquidity, providing retail investors with deep liquidity and a fair trading environment. Variational's decentralized protocol also offers APIs to developers for building custom trading solutions.HashPower raised $4 million in a strategic funding round, with investors including Hashkey Capital*, FBG Capital, Hailstone Labs, and DePIN X.
HashPower is a decentralized mining and staking platform that brings traditional mining operations on-chain, enabling users to earn rewards without owning hardware. Users can deposit USDT, protocol tokens, or GPUs to receive HPX tokens representing their share in the HashPower mining pool. The platform allocates resources to offline mining farms and provides real-time transparency through on-chain oracles, supporting AI, DePIN, and real-world assets (RWA) sectors, aiming to popularize blockchain infrastructure usage.Soul Labs raised $6 million in a public sale.
Soul Protocol is a decentralized platform that integrates cross-chain lending with an AI-driven identity and reputation system. As a unified cross-chain liquidity layer, it facilitates seamless lending across Ethereum, Avalanche, Arbitrum, Optimism, and Base. Users can mint Soulbound Tokens (SBT) to build verifiable on-chain identities, enhancing trust and network attack resistance in DeFi applications.Web3 Career raised an undisclosed amount in an acquisition funding round, with Bondex as the investor.
Web3.career is a career platform for blockchain, crypto, DeFi, NFT, DAO, and related fields, providing job listings across engineering, design, marketing, product, and other roles, supporting multi-chain ecosystems including Ethereum, Solana, and Polkadot.OrionX raised an undisclosed amount in a funding round, with Tether as the investor.
OrionX is a crypto exchange based in Chile, offering local wallet services and planning expansion to Peru, Colombia, and Mexico, aiming to exceed one million users in 2024. OrionX provides the lowest transaction fees in the Chilean market, with rates dynamically adjusted based on user trading volume.Avantis raised $8 million in Series A funding, with investors including Pantera Capital*, Founders Fund*, SALT Fund, Symbolic Capital (formerly Hyperedge Capital), and Flowdesk.
Avantis Finance is a DeFi protocol focused on cryptocurrency and forex leveraged trading, using a unique dynamic risk-tiering system to protect traders from severe price fluctuations. Avantis Finance has the potential to revolutionize crypto trading through a decentralized, transparent, and efficient approach.Web3Auth raised an undisclosed amount in an acquisition funding round, with ConsenSys as the investor.
Web3Auth is a pluggable, non-custodial Web3 application and wallet authentication infrastructure that enables seamless user onboarding through social login, native platforms, wallets, and passkeys. It eliminates seed phrases, standardizes key management, and enhances accessibility for mainstream and crypto users while maintaining security and decentralization.LayerEdge raised $1 million in a public sale.
LayerEdge enhances Bitcoin functionality through Optimistic Rollup and a hybrid modular data availability layer (DA), introducing an EVM environment to create a powerful decentralized application framework, innovating Bitcoin's programmability and scalability.
