ChainCatcher news, at the "DeInsight 2024" annual summit held during Devcon in Bangkok, the RootData List 2024 annual rankings have been officially announced. ABCDE Capital has successfully made it to the RootData List 2024 annual rankings as one of the "Crypto VC Top 50 Investment Institutions." ABCDE is a Web3 builder fund co-founded by Huobi co-founder Du Jun and Metropolis Capital founder BMAN, with a scale of 400 million dollars.It is reported that this list is the second annual selection launched by RootData following its first release in 2023, aimed at showcasing the influential and innovative key players in the Web3 field and assessing the critical forces that continue to drive industry progress. RootData is committed to demonstrating the core forces and trend characteristics of industry development through rigorous data analysis.The statistics for the list cover the period from October 31, 2023, to October 31, 2024, and a total of five lists have been released, specifically: Top 50 Projects (completed TGE), Top 50 Projects (not yet conducted TGE), Crypto VC Top 50 Investment Institutions, Top 10 Angel Investors, and Top 20 Best CEOs.

ChainCatcher news, BMAN, co-founder of ABCDE Capital, confirmed attendance at the "DeInsight 2024" annual summit to be held on November 11 in Bangkok during Devcon. ABCDE is a web3 builder fund co-founded by Huobi co-founder Du Jun and Metropolis Capital founder BMAN, with a scale of 400 million dollars.The "DeInsight 2024" annual summit will take place on November 11 at Hotel Nikko Bangkok in Bangkok. This summit is co-hosted by ChainCatcher and RootData, and jointly organized by Soso Value, aiming to gather elites in the Web3 field to exchange insights on the industry, with an expected attendance of over 1,000 industry elites.In addition, the conference will unveil the RootData List 2024 annual heavyweight list, objectively selecting influential individuals or institutions in the industry from a data perspective.

ChainCatcher news, Bitcoin Layer 2 project Bitlayer announced the completion of a $5 million seed round financing. This round was co-led by Framework Ventures and ABCDE Capital, with participation from institutions including StarkWare, OKX Ventures, Alliance DAO, UTXO Management, Asymmetric Capital, Kenetic Capital, Pivot Global, Web3Port, Mindfulness Capital, C6E Capital, PAKA, Comma3 Capital, and Kronos Ventures, as well as notable Bitcoin OG & KOL Dan Held, Messari CEO Ryan Selkis, and co-founder Dan McArdle among other well-known Web3 entrepreneurs.It is reported that Bitlayer aims to become the computing layer for Bitcoin and is the first Bitcoin-secure equivalent Layer 2 based on the BitVM paradigm. Bitlayer plans to launch the first version of its mainnet on April 5 and introduce the ecosystem incentive program Ready Player One.

ChainCatcher news, in the "2023 Web3 Industry Development Research Report and Annual List" published by the cryptocurrency asset data platform RootDada, ABCDE Capital has been shortlisted as one of the Top 100 investment institutions in 2023.In 2023, ABCDE Capital's publicly disclosed investment projects exceeded 18, among which representative projects include PolyHedra, Particle Network, GRVT, Matr1x, Babylon, etc.

ChainCatcher news, a one-stop digital asset service platform, Hong Kong listed company Sinohope Technology Holdings Limited (stock code: 1611.HK, "Sinohope Technology") officially held its 2023 Annual Partner Conference at The Ritz-Carlton, Hong Kong.At the conference, Sinohope Technology announced the official launch of the "Sinohope Technology Bitcoin Ecosystem Support Program." The launch ceremony was jointly announced by Sinohope Technology's Executive Director and CEO Du Jun, ABCDE Capital Co-founder and Partner BMAN, ChainUp Co-founder Zhong Gengfa, and Uweb Founder and Principal Yu Jianing.The "Sinohope Technology Bitcoin Ecosystem Support Program" combines Sinohope Technology's newly launched one-stop Web3 product solution with ABCDE Capital's special investment fund, providing underlying technical support and financial support for Bitcoin ecosystem developers, helping outstanding developers explore and innovate within the Bitcoin ecosystem, and enabling developers to build industry-leading business applications on a more mature and convenient technological foundation without pressure.

ChainCatcher news, ABCDE Capital announced that it has invested in the Bitcoin ecosystem staking infrastructure Babylon, with the specific amount not disclosed yet.ChainCatcher previously reported in July that the project Babylon, which aims to bring Bitcoin security to PoS networks and DApps, plans to launch a Bitcoin staking protocol and release the first public version of its Bitcoin staking protocol LitePaper on the Babylon forum. The protocol allows Bitcoin holders to enhance the security of PoS chains and DApps through staking Bitcoin and earn rewards, while PoS chains and DApps can choose to integrate an economically secure mechanism supported by Bitcoin. This protocol does not require cross-chain, anchoring, or any third-party custody, and can be seamlessly deployed on the existing Bitcoin network.

ChainCatcher news, cryptocurrency exchange Manta Exchange announced the completion of a new round of financing, with participation from ABCDE Capital, UOB Venture Management, C² Ventures, and Ocular.According to the RootData platform, Manta Exchange provides a copy trading engine supplemented by a risk management system. The platform caters to various copy trading preferences, including fixed amounts, proportional-based, and algorithmic automatic copy trading. The team's background includes key roles in well-known organizations such as Baidu, Huobi, KuCoin, OKX, Game Space, Longtu Korea, Bibox, and AAX Exchange.

ChainCatcher news, Du Jun, co-founder of ABCDE Capital, stated on social media that a new laboratory will be established soon, focusing on investment incubation related to AI data and scenarios, with a funding scale of 100 million dollars.

ChainCatcher news, decentralized derivatives exchange Surf Protocol announced the completion of a $3 million financing round, led by ABCDE Capital, with participation from OP Crypto and C2 Ventures. The new funds will be used to develop a permissionless Perp DEX (perpetual contract decentralized exchange) based on the Base network.It is reported that Surf Protocol is developing a solution to address the limited range of tradable assets in the Perp DEX market. The compatibility liquidity provision framework created by Surf Protocol, with its unique AMM structure, offers liquidity providers (LPs) more options to balance returns and risks.

ChainCatcher news, the hybrid on-chain exchange Gravity has completed its seed round financing, led by Matrix Partners, with participation from institutions such as ABCDE Capital, Hack VC, Delphi Digital, C² Ventures, and CatcherVC. Gravity will launch its testnet in Q4 2023 and its mainnet in Q1 2024.It is reported that GRVT (Gravity) is a hybrid on-chain exchange that combines the user experience of Cex with the fund security of Dex. Gravity will become the main derivatives trading protocol on zkSync, competing with GMX on Arbitrum and Dydx on Starkex.