ChainCatcher news, based on data compiled by the financial tracker PitchBook for TechCrunch, shows that in 2024, global generative AI companies raised $56 billion from venture capital across 885 deals. This total cash amount sets a new record for the sector. This represents a 192% increase compared to 2023, when investors put $29.1 billion into generative AI startups across 691 deals.Among them, the deal value in the fourth quarter of 2024 soared to $31.1 billion, primarily due to the completion of several large financings, such as Databricks' $10 billion Series J funding, xAI's $6 billion Series C funding, Anthropic's $4 billion strategic investment from Amazon, and OpenAI's $6.6 billion funding.PitchBook's frontier technology analyst Ali Javaheri stated in an interview, "We are not seeing a slowdown in generative AI funding, as well-known companies like OpenAI, Anthropic, and xAI continue to secure significant financing and launch new competitive products."

ChainCatcher news, according to Hong Kong's Ta Kung Pao, Zhu Haokang, the head of digital asset management and family wealth management at Huaxia Fund (Hong Kong), stated that to encourage mainland enterprises with investment and financing needs to raise funds in the Web3.0 industry through Hong Kong's compliant tokenized securities laws and virtual asset trading platforms, Hong Kong can take the following measures:First, Hong Kong should fully leverage its advantages as an international financial center and actively improve the legal and regulatory framework for tokenized securities.At the same time, professional institutions in Hong Kong can provide legal and financial consulting services for mainland enterprises regarding Hong Kong RWA tokenization, helping them familiarize themselves with the issuance and trading processes of tokenized securities.Finally, Hong Kong needs to establish a sound investor protection mechanism to ensure that investors' rights and interests are effectively safeguarded.

ChainCatcher news, according to official sources, Bitcoin technology company JAN3 has announced the completion of a $5 million seed round financing, led by Fulgur Ventures, with participation from Grupo Salinas, Tether, Lightning Ventures, East Ventures, Plan B Fund, Bitcoin Opportunity Fund, and NYDIG. As part of the current seed financing, JAN will allocate $1 million to establish a Bitcoin treasury, which includes 12 BTC, with an average cost of $83,333.33 per BTC.According to the Web3 asset data platform RootData, JAN3 is a Bitcoin technology company founded by former Blockstream Chief Strategy Officer Samson Mow, aimed at accelerating Bitcoin adoption. JAN3 has taken over Blockstream's crypto wallet AQUA, Bitcoin and Liquid mobile wallets, as well as the NFT marketplace Raretoshi. The company has signed a memorandum of understanding with the Salvadoran government to provide digital infrastructure for the country and Bitcoin City.

ChainCatcher news, OKX Ventures announced a strategic investment in Haedal, a liquid staking protocol built on Sui. Haedal focuses on providing users with efficient liquid staking infrastructure, supporting users to stake SUI to Validators for consensus rewards, while unlocking the potential of liquid staking tokens (LST) for participation in the DeFi ecosystem.As an important component of the Sui blockchain, Haedal not only helps secure the network but also promotes sustainable governance and decentralization. Its core goal is to provide Sui ecosystem users with a one-click DeFi yield maximization solution by simplifying yield products and lowering the entry barrier. In the future, Haedal plans to launch a series of new products and modules to create more earning opportunities for users and further expand the possibilities of the Sui ecosystem.

ChainCatcher news, according to official sources, the Sui ecosystem liquid staking protocol Haedal Protocol has announced the completion of its seed round financing, with the specific amount undisclosed. Investors participating in this round of financing include Hashed, Comma3 Ventures, OKX Ventures, Animoca Ventures, Sui Foundation, Flow Traders, Dewhales Capital, Cetus, Scallop, and others. Haedal will utilize this financing and new resources to support the further development of its liquid staking infrastructure and on-chain yield products focused on the Sui ecosystem.According to the Web3 asset data platform RootData, Haedal is a liquid staking protocol based on Sui that allows anyone to stake their Sui tokens to facilitate governance and decentralization of the Sui blockchain. Meanwhile, users will receive haSUI as a reward, enabling them to continue participating in DeFi activities for additional earnings.

ChainCatcher news, according to Be In Crypto, BingX's innovation department BingX Labs announced a strategic partnership with the Bitcoin staking protocol Babylon, investing $5.3 million in the Babylon project through its $100 million ecosystem fund. BingX Labs stated that its support for Babylon is a key step in unlocking higher security, accessibility, and innovation in the blockchain space.According to the Web3 asset data platform RootData, Babylon is a layer1 blockchain founded by Stanford University Professor David Tse. The mission of the project is to bring Bitcoin's unparalleled security to all PoS blockchains without any additional energy costs. The team consists of researchers from Stanford University, experienced developers, and seasoned business advisors.

According to ChainCatcher news, the stablecoin aggregation sales infrastructure platform AlloyX announced the completion of a $10 million Pre-A round of financing. Investors include Solomon Fund, Arbitrum Foundation, Offchain Labs, PMT Capital, Ming Capital, Fern Win Capital, Whitecove Capital, and Kiln SAS. The new funds are intended to expand global stablecoin infrastructure and plan to scale its operations in the UAE, ASEAN, and Africa.

ChainCatcher news, blockchain investment firm Oak Grove Ventures announced the completion of a strategic investment in the innovative blockchain platform DuckChain. This investment aims to support DuckChain's technical team expansion, promote product development, and deepen its collaborative development with the Telegram ecosystem.DuckChain is an innovative startup focused on blockchain technology solutions. Its platform is based on the EVM solution of TON and is dedicated to providing seamless decentralized application (dApp) development support for over 30 million Telegram users. By building a bridge between Web2 and Web3, DuckChain creates a more efficient and scalable blockchain ecosystem for developers and users.

ChainCatcher news, dedicated to innovation in the field of data asset consumption, Layer2 network DataDance has completed a multi-million dollar seed round financing, led by Hash Global. The completion of this round of financing marks the beginning of DataDance's efforts to build the world's largest decentralized data asset service and trading platform in Web3, co-creating a Web3 business ecosystem with Hash Global.Hash Global stated that the DataDance team previously founded the largest digital asset trading platform, Unique Art, in the domestic market, and has a deep understanding and accumulation in the RTB (programmatic advertising) and digital asset industries. They are optimistic about DataDance's ability to connect a vast number of brands through blockchain, helping them to assetize consumer data and achieve decentralized trading of global consumer data assets.DataDance CEO Geoffrey Tong stated that the trading of data assets is currently highly monopolized by internet giants, resulting in high traffic costs worldwide. DataDance has the capability to change this industrial structure, allowing data asset trading to evolve from centralized monopolies to a parallel system of centralization and decentralization, injecting new momentum into Web3 business innovation.

ChainCatcher news, according to official sources, the cross-chain DeFi protocol EYWA announced on platform X that it has completed a new round of financing, with participation from 1inch co-founder and Kenetic Fund. The specific amount has not been disclosed, but to date, the company's total financing has reached 8.5 million USD.It is reported that EYWA previously secured 7 million USD in financing in May this year, led by Curve Finance founder Michael Egorov, with participation from Fenbushi Capital. In addition, it also received a 500,000 USD grant from the TON Foundation. The new funds are intended to support the development of its low-slippage DEX product CrossCurve.

ChainCatcher news, MegaETH's decentralized perpetual contract exchange Valhalla has announced the completion of a $1.5 million Pre-Seed funding round. Robot Ventures led the round, with participation from GSR, Kronos, MitonC, Wincent, Hash3, BigBrain Holdings, Sumcap, and several angel investors.It is reported that Valhalla is committed to creating a financially open, composable, and community-driven world.