Hotcoin Investment and Financing Weekly Report (11.16-11.22) | A total of 19 public investment and financing events, financing data remains the same as last week

From November 16 to November 22, the cryptocurrency market saw a total of 19 financing events, including 6 in infrastructure, 3 in DeFi, 3 in gaming, 2 in social, 1 in prediction markets, 1 in mining, 1 in tools, 1 in CeFi, and 1 in security solutions.

This week, there were 5 financing events over ten million dollars:

• The cryptocurrency betting platform Monkey Tilt completed a $30 million Series A financing round, with investors including Pantera Capital, Hack VC, and others.

• Bitcoin mining hardware manufacturer Canaan Creative completed a $30 million financing round, with undisclosed investors.

• The integrated non-custodial wallet savings account Deblock completed a $16.8 million seed round financing, with investors including Headlin, Hoxton, and others.

• The general asset issuance chain Noble, built specifically for the IBC ecosystem, completed a $15 million Series A financing round, with investors including Paradigm, Wintermute, and others.

• The player proof engine Kratos Gaming Network completed a $10 million financing round, with investors including Aptos, Polygon Labs, and others.

This week, the investment and financing activity in the cryptocurrency market remained steady compared to last week, with 6 in infrastructure and 3 in DeFi. The cryptocurrency betting platform Monkey Tilt and Bitcoin mining hardware manufacturer Canaan Creative secured the largest financing amounts this week, both totaling $30 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 from November 22, Lnfi Network completed a pre-seed round of financing with an undisclosed amount, with investors including HashKey Capital, Waterdrip Capital, and others. Lnfi Network is a Layer 2.5 solution aimed at bringing Web3 and tokenization to the Lightning Network, launching LightningFi (representing Lightning Finance), a financial layer that supports sending/receiving, issuing, distributing, fundraising, staking, locking, gifting, and trading Taproot assets via Nostr.

2. According to ROOTDATA investment and financing data from November 21, Deblock completed a $16.8 million seed round financing, with investors including Headlin, Hoxton, and others. Deblock is a savings account integrated with a non-custodial wallet, allowing users to deposit, withdraw, spend, and exchange euros or cryptocurrencies.

3. According to ROOTDATA investment and financing data from November 21, Shinami completed a $5.64 million seed round financing, with investors including Race Capital, 6th Man Ventures, and others. Shinami is building an infrastructure developer platform for Sui, aimed at helping teams build applications faster with better user experience and less overhead, including node services, in-app wallets, and more.

4. According to ROOTDATA investment and financing data from November 19, OpenLayer completed a $5 million seed round financing, with investors including IOSG Ventures, Spartan Group, and others. OpenLayer is a modular real data layer aimed at modernizing traditional data flows. OpenLayer is contributed to by everyone and every device, providing a modular solution that coordinates data collection, validation, and transformation while meeting the needs of both web2 and web3 companies.

5. According to ROOTDATA investment and financing data from November 19, Noble completed a $15 million Series A financing round, with investors including Paradigm, Wintermute, and others. Noble is an application chain built specifically for the issuance of native assets in the Cosmos and IBC ecosystems, helping issuers manage their tokens: burning, minting, blacklisting, and other functions. Noble acts as an intermediary, collaborating with stablecoin issuers to efficiently distribute their products across 50 different blockchains and providing developers with a seamless user interface to ensure their application chains are compatible with Noble.

6. According to ROOTDATA investment and financing data from November 19, Bitfinity Network completed a $5 million financing round, with undisclosed investors. Bitfinity (formerly known as InfinitySwap) is the next-generation EVM, serving as a Layer 2 for Bitcoin and other assets, utilizing threshold signature schemes and built on IC.

DeFi

1. According to ROOTDATA investment and financing data from November 22, Exponent Finance completed a $2.1 million financing round, with investors including RockawayX, Solana Ventures, and others. Exponent Finance is a fixed-price market on the Solana network, where issued time-locked tokens can generate fixed income or be used for yield trading. These tokens have expiration dates, allowing users to convert variable DeFi yields into fixed income over a set time span or expand their exposure to yield volatility.

2. According to ROOTDATA investment and financing data from November 19, Barter completed a $3 million seed round financing, with investors including Maven11, DCG, and others. Barter is an intent-optimized protocol that provides efficient trading routing and optimization to support decentralized applications.

3. According to ROOTDATA investment and financing data from November 19, Alluvial completed a $4.3 million strategic financing round, with investors including Variant Fund, Ethereal Ventures, and others. Alluvial is an enterprise-grade liquid staking protocol that allows token holders to earn rewards from their staked digital assets while ensuring their digital assets remain freely tradable and usable in other DeFi applications. Alluvial's API integration enables digital asset exchanges, custodians, and other enterprises to easily and efficiently integrate Liquid Collective's liquid staking capabilities into their existing product experiences.

Gaming

1. According to ROOTDATA investment and financing data from November 21, Kratos Gaming Network completed a $10 million financing round, with investors including Aptos, Polygon Labs, and others. Since 2022, Kratos Studios has aimed to bring millions of micro-game communities from emerging markets into Web3 to create the most powerful POG (Player Proof) engine and Kratos Gaming Network (KGeN). The POG engine will enable gamers and game developers worldwide to interact seamlessly through the multi-chain gaming data network KGEN.

2. According to ROOTDATA investment and financing data from November 20, Monkey Tilt completed a $30 million Series A financing round, with investors including Pantera Capital, Hack VC, and others. Monkey Tilt is an online betting platform focused on the integration of cryptocurrency and online betting. Players can win real money by correctly predicting whether their chosen player will exceed or fall below their statistical forecast.

3. According to ROOTDATA investment and financing data from November 18, KOKODI completed a $1.1 million seed round financing, with investors including Avalanche, Tenzor Capital, and others. KOKODI is a cross-chain, multi-platform MMO game that allows players to enjoy gaming using zero-knowledge encryption technology. The game is a third-person shooter set in a fantasy environment, offering two modes: the main mode "Raid," inspired by "Escape from Tarkov" and "Hunt: Showdown," providing a blend of intense and strategic gameplay. The "Arena" mode combines the best mechanics and game modes from games like "Valorant," "Overwatch," "Apex Legends," and "World of Warcraft."

Social

1. According to ROOTDATA investment and financing data from November 20, Gabby World completed a $2 million financing round, with investors including SevenX Ventures, EVG, and others. Gabby World is an AIGC social metaverse for users' other virtual selves, "Gabbies," who will represent users in social interactions within the Web3 world.

2. According to ROOTDATA investment and financing data from November 19, LuluChain completed a $5 million financing round, with investors including DG Capital, SMO Capital, and others. LuluChain is a new platform that combines emotional value with blockchain technology, utilizing modular blockchain and AI technology to achieve efficient emotional data management and personalized services. LuluChain's vision is to build a smart emotional value ecosystem based on modular blockchain, providing secure and personalized social scenarios, promoting the digitalization and objectification transformation of global emotional value. By converting human emotions into quantifiable and tradable digital assets, it aims to create a new value chain for a decentralized world.

Others

1. According to ROOTDATA investment and financing data from November 22, Truemarkets completed a $4 million IDO financing round. TrueMarkets is a decentralized prediction market that allows users to predict the outcomes of real-world events. Its goal is to break the information asymmetry associated with global news, enabling people to express real-time sentiments about the likelihood of potential outcomes.

2. According to ROOTDATA investment and financing data from November 21, Rise completed a $6.3 million Series A financing round, with investors including Draper Associates, Polymorphic Capital, and others. Rise is an integrated compliance and payroll solution for global recruitment companies, supporting automatic routing between fiat and cryptocurrencies, helping businesses onboard, manage, and pay local/international contractors while ensuring full compliance and alleviating burdensome tax processes.

3. According to ROOTDATA investment and financing data from November 20, Membrane Finance completed a merger financing round with an undisclosed amount, with investors including Paxos. Membrane Finance is a fintech company specializing in developing financial software and services that seamlessly connect traditional financial infrastructure with blockchain-based services. Membrane Finance is the main architect of EUROe, a fully reserved euro stablecoin regulated by the EU, which brings fiat euro liquidity on-chain.

4. According to ROOTDATA investment and financing data from November 20, Blowfish completed a merger financing round with an undisclosed amount, with investors including Phantom. Blowfish is a cryptocurrency firewall provider aimed at enhancing and protecting Web3 users by real-time identification of malicious transactions. Blowfish has built a simple-to-use API to help wallets and custodians protect their users from various attacks (phishing, dApp-level DNS hijacking, software supply chain attacks, etc.) and provide users with real-time alerts and readable transaction context.

5. According to ROOTDATA investment and financing data from November 19, Canaan Creative completed a $30 million financing round, with undisclosed investors. Canaan Creative is a computer hardware manufacturer based in China. Founded in 2013, Canaan Creative focuses on blockchain servers and ASIC microprocessor solutions for Bitcoin mining.