Hotcoin Investment and Financing Weekly Report (11.2-11.8) | A total of 21 public investment and financing events, with a decline in financing data

From November 2 to November 8, the cryptocurrency market saw a total of 21 investment and financing events, with a diversified focus. Among these, there were 7 in infrastructure, 4 in DeFi, 2 in gaming, 1 in NFT, 1 in AI, 1 in DePIN, 1 in prediction markets, 1 in crypto education, 1 in social, 1 in CeDeFi, and 1 in CeFi.

This week, there was 1 financing event exceeding ten million dollars:

• The verifiable data infrastructure vlayer completed a $10 million Pre-seed round of financing, with investors including a16z and BlockTower Capital.

This week, the enthusiasm for investment and financing in the cryptocurrency market has declined, with a diversified focus, including 7 in infrastructure and 4 in DeFi.

The verifiable data infrastructure vlayer secured the largest financing this week, amounting to $10 million.

The investment and financing projects this week are sorted by financing amount as shown in the figure below:

Infrastructure

1. According to ROOTDATA investment and financing data on November 8, MAP Protocol completed a strategic financing round of $1 million, with investors including Gryps. The MAP protocol is an interoperability layer for the Bitcoin network, built on ZK light clients. It serves as a gateway for developers and users in the Bitcoin ecosystem and facilitates interoperability between different Bitcoin L2s and the Bitcoin ecosystem with EVM and non-EVM ecosystems.

2. According to ROOTDATA investment and financing data on November 7, Cytonic completed a seed round of financing amounting to $8.3 million, with investors including Lemniscap and Lattice Capital. Cytonic is an L1 blockchain aimed at creating a unique ecosystem open to all technologies used in Web3. With its unique multi-VM technology, Cytonic aims to interoperate with all ecosystems without becoming part of any one ecosystem.

3. According to ROOTDATA investment and financing data on November 5, vlayer completed a Pre-seed round of financing amounting to $10 million, with investors including a16z and BlockTower Capital. vlayer is a trusted verifiable data infrastructure powered by zero-knowledge proofs.

4. According to ROOTDATA investment and financing data on November 4, AgentLayer completed a financing round of unknown amount, with investors including BingX Labs. AgentLayer is a decentralized AI token public chain that combines artificial intelligence with human collaboration. AgentLayer utilizes OP Stack and EigenDA to create AgentChain, a public blockchain that enhances coordination and collaboration among agents supported by the AgentLink protocol. This blockchain facilitates contracts and transaction logs between agents and provides an OP sorter for enhancing the collaborative network of agents.

5. According to ROOTDATA investment and financing data on November 4, Klaster completed a merger financing round of unknown amount, with investors including Biconomy. Klaster is a building platform for multi-chain applications that abstracts all the complexities of building multi-chain dApps, allowing developers to focus on their application scenarios in just two minutes. It enables smart contracts to call EVM functions on any CCIP-supported network from any other network while providing composability and atomicity guarantees. Developers can easily convert existing dApps to support sovereign multi-chain assets and cross-chain communication.

6. According to ROOTDATA investment and financing data on November 4, Kroma completed a strategic financing round of unknown amount, with investors including zkCandy. Kroma is a universal ZK Rollup based on the Optimism Bedrock architecture, developed by Lightscale. Initially, Kroma used a Scroll-based zkEVM, operating as an Optimistic Rollup with ZK fault proof. Kroma aims to transition to ZK Rollup once the generation of ZK proofs becomes more cost-effective and faster. Kroma is deployed on the Sepolia testnet for further testing and optimization.

7. According to ROOTDATA investment and financing data on November 2, EtraPay completed a merger financing round of unknown amount, with investors including AvaCloud. EtraPay is a Layer 1 blockchain designed for everyday payments, based on the Avalanche blockchain architecture, where every transaction on the payment network is encrypted and protected through zkMorphic proofs.

DeFi

1. According to ROOTDATA investment and financing data on November 8, BIO Protocol completed a strategic financing round of unknown amount, with investors including Binance Labs. The BIO protocol is the financial layer of DeSci, aimed at accelerating the inflow of capital and talent into on-chain science. bioDAO can use the auction contracts of the BIO protocol to raise funds and directly allocate them to research programs, IP assets, and other biotechnology organizations.

2. According to ROOTDATA investment and financing data on November 6, Usual completed a financing round of $1.5 million, with investors including Comfy Capital and Jed Breed. Usual is a stablecoin protocol that launched USD, a permissionless and fully compliant stablecoin backed 1:1 by real-world assets (RWA). USUAL is a governance token that allows the community to guide the future development of the network. Usual addresses current issues in the stablecoin market by redistributing profits to the community and rewarding token holders with actual earnings generated from RWA.

3. According to ROOTDATA investment and financing data on November 4, CoW Protocol completed a financing round of unknown amount, with investors including Greenfield. CowSwap is a DEX aggregator that features MEV protection. The CoW protocol matches trades from various on-chain liquidity sources through batch auctions. It provides users with better prices and saves significant amounts on gas fee optimization and liquidity provider fees.

4. According to ROOTDATA investment and financing data on November 4, Fragmetric completed an angel round of financing of unknown amount, with investors including Anatoly Yakovenko and Lily Liu. Fragmetric is Solana's native liquid re-staking protocol, aimed at enhancing the security and economic potential of the Solana ecosystem. By leveraging Solana's token expansion, Fragmetric effectively implements NCN reward distribution. Additionally, Fragmetric has designed practical solutions, such as standardized token programs, to utilize various LSTs within the re-staking platform. Fragmetric's mission is to build a secure, transparent, and efficient re-staking infrastructure that empowers users and supports the stability of the Solana re-staking ecosystem.

Gaming

1. According to ROOTDATA investment and financing data on November 4, Betski completed a seed round of financing amounting to $340,000, with investors not disclosed. Betski is an integrated online iGaming platform designed to provide users with a unique ownership model through tokenization. By integrating blockchain technology, Betski offers token holders the opportunity to share in the profits generated from all bets on the platform.

2. According to ROOTDATA investment and financing data on November 4, GameBeast completed a financing round of $2 million, with investors including Tido Capital and K300 Ventures. GameBeast is a multi-chain game platform developer within the Solana ecosystem, featuring games such as "Destiny of Gods." GameBeast offers a variety of games ranging from mini-games to AAA titles, providing users with more opportunities to spend tokens.

Others

1. According to ROOTDATA investment and financing data on November 8, Rektguy completed a seed round of financing amounting to $1.5 million, with investors including Luca Netz and Seedphrase. Rektguy is an NFT project centered around Rekt beverage culture, where users earn double points for every drink purchased, allowing buyers to climb the leaderboard and potentially earn rewards through Rekt Coin.

2. According to ROOTDATA investment and financing data on November 7, Pond completed a seed round of financing amounting to $7.5 million, with investors including Archetype and Coinbase Ventures. Pond is a large cryptocurrency AI model that recommends tokens with similar on-chain behaviors to users. Pond's AI model can identify patterns and trends in on-chain data and behaviors, helping to identify investment opportunities.

3. According to ROOTDATA investment and financing data on November 7, SkyX completed a Pre-seed round of financing amounting to $1 million, with investors including Waterdrip Capital and Escape Velocity. SkyX is a blockchain-driven weather network that employs an incentive system and web3 protocols. Its goal is to establish an innovative weather ecosystem by combining advanced weather station IoT devices with blockchain-based decentralized service protocols, using $SKY as a utility token to achieve economic benefits and address traditional challenges in the weather industry. SkyX originated as a company selling smart devices and data services for weather stations, operating a network of 16,000 weather stations.

4. According to ROOTDATA investment and financing data on November 6, Prosper completed a financing round of unknown amount, with investors including Waterdrip Capital. Prosper is a non-custodial cross-chain prediction market and hedging platform. Prosper is developing a unique on-chain liquidity aggregation technology to address issues in the prediction market landscape. Core features of Prosper.so include cross-chain prediction support and on-chain liquidity aggregation, binary liquidity models, betting insurance, user-owned predictions and options, and real asset integration.

5. According to ROOTDATA investment and financing data on November 5, HackQuest completed a strategic financing round of unknown amount, with investors including KIP Protocol. HackQuest is a gateway to the world of Web3 development, providing comprehensive one-stop educational infrastructure to minimize friction and help developers and non-developers enter the Web3 world.

6. According to ROOTDATA investment and financing data on November 5, Phi completed a strategic financing round of unknown amount, with investors including Neoclassic Capital and Cyber. Phi is a social gaming metaverse focused on using "on-chain identity" created with ENS and verified wallet activities to easily visualize on-chain identities. It incentivizes users to interact with various Web3 protocols, providing positive feedback for all protocols and accelerating the overall network effects of Web3. The protocol allows users to generate personalized spaces using their ENS, then declare objects in the game based on their wallet activities. Using these objects, users can build their own Web3 worlds to showcase their on-chain identities. The project's goal is to accelerate the mass adoption of the entire Web3 ecosystem by providing casual features such as social interaction, gaming, and art.

7. According to ROOTDATA investment and financing data on November 5, Blum completed a financing round of unknown amount, with investors including The Open Platform. Blum is a hybrid exchange that provides universal token access through gamification in a Telegram mini-app. Blum allows access to both CEX and DEX tokens on a single platform, supporting over 30 chains and offering additional features such as AI navigation, P2P trading, and derivatives trading.

8. According to ROOTDATA investment and financing data on November 4, CoinBest completed a merger financing round of unknown amount, with investors including OSL Group. CoinBest is a cryptocurrency exchange that allows users to trade Bitcoin (BTC), Ethereum (ETH), and other crypto assets anytime and anywhere through its application.