Animoca Brands

The fully homomorphic encryption network Mind Network has completed a $10 million Pre-A round of financing, with participation from Animoca Brands and others

ChainCatcher news reports that, according to official sources, the fully homomorphic encryption network Mind Network has announced the completion of a $10 million Pre-A funding round, with major investors including Animoca Brands, Arkstream Capital, Cogitent Ventures, G Ventures, MH Ventures, Master Ventures, Moonhill Capital, SwissBorg Ventures, and IBC Group. This funding round also attracted participation from well-known angel investors, including Ether.fi CEO Mike Silagadze, as well as prominent figures in the crypto space such as Mario Nawfal, Mr. Block, and Kyle Chassé. Following this funding, Mind Network plans to expand its business by integrating more staking protocols and continue to release supporting infrastructure. Users holding staked assets from partner agreements can redeem vFHE on Mind Network and participate in FHE voting.It is reported that Mind Network is a fully homomorphic encryption (FHE) layer for AI and POS networks. This layer accepts re-staked tokens from ETH, BTC, and AI blue-chip tokens and operates as an FHE verification network, providing consensus, data, and cryptoeconomic security for decentralized AI, DePIN, EigenLayer, Symbiotic, and Babylon AVS among other POS networks. Mind Network has previously received support from Binance Labs, Hashkey, Big Brain, and Chainlink, and has been funded by the Ethereum Foundation for its FHE research on Ethereum.

The gamified full-chain liquidity aggregation innovation protocol 0xAstra has completed a $3 million seed round financing, with participation from Animoca Brands and others

ChainCatcher news, the gamified full-chain liquidity aggregation innovative protocol 0xAstra has announced the successful completion of a $3 million seed round financing. This round of financing has gathered numerous well-known investment institutions and leading projects, including Ace Redpoint, Animoca Brands, Folium Ventures, Skyland Ventures, Orbiter, and Ultiverse.0xAstra injects vitality into full-chain liquidity and stimulates on-chain interaction through its unique gamified strategy. With deep cooperation with leading blockchain ecosystems, 0xAstra offers a richer and smoother cross-chain trading experience, pushing the potential of liquidity aggregation and re-staking to new heights. Since its launch, 0xAstra has connected to dozens of mainstream L1 and L2 networks, and within just over two months, the platform's cumulative trading volume has surpassed $90 million, demonstrating remarkable growth momentum.The 0xAstra team consists of seasoned experts from the cryptocurrency, gaming, and internet sectors, who have successfully launched multiple game products with over a million users and generated millions of dollars in revenue. Through this financing, 0xAstra aims to lead a new wave of innovation in the DeFi space, creating a more vibrant and interactive decentralized financial ecosystem for global users.
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