ChainCatcher News: Japanese blockchain game development company double jump.tokyo announced a strategic partnership with the American Web3 fund Neoclassic Capital.double jump.tokyo plans to strengthen its collaboration with Asian and global Web3 startups through LP investments in Neoclassic Capital, accelerating the global adoption of Web3 technology. Neoclassic Capital is a venture capital firm focused on Web3 and digital assets, with a focus on investments in Asia and the entertainment industry.

ChainCatcher news, according to Chainwire, the Web3 mobile game project Flappy Bird Foundation announced the completion of a new round of financing of $2 million, led by Kenetic Capital and Scytale Ventures, with participation from Big Brain Holdings, Optic Capital, and 4SV. The new funds will support the project in adding a range of new Web3 features to attract both nostalgic players and a new generation of gamers.It is reported that under the management of the newly established Flappy Bird Foundation, the intellectual property of the game will continue to be protected.

ChainCatcher news, IOBC Capital partner Alva Xu shared his insights on Token2049 on the X platform, noting several changes in the Crypto primary market from the perspective of an active Crypto LP:Some large funds from Europe and the United States are accelerating their fundraising efforts, and their commitment and focus indicate their determination to compete fiercely with Asian LPs. The conversation afterward was not exciting; AUM is the enemy of venture capital funds.European and American funds are squeezing the survival space of Asian funds, and LPs are becoming as valuable as quality developers, so IR will become increasingly important in the future.In today's market shift, some GPs are showcasing various strategies, such as buying OTC shares, pushing into the secondary market, and incubating projects. The core purpose is to prove they can outperform Bitcoin returns, and isn't the essence of venture capital to support great companies early on? Therefore, these flashy strategies might be less effective than returning to the original mission, which can resonate more with investors.In light of the current situation, this LP offered three suggestions for fund fundraising:Do not emphasize financial returns and DPI, as LPs can directly buy ETFs or hold BTC.Position yourself as an explorer in the industry; a strong desire for exploration and having your own worldview can better impress LPs, after all, investing in a company represents the kind of world you want to build.Conduct due diligence on each LP's strategic planning; understanding LPs' strategic investment layout is very important.

ChainCatcher news, according to The Block, the DeFi abstraction platform Infinit has completed a $6 million funding round, with participation from Electric Capital, Mirana Ventures, Hashed, and Arthur Hayes' family office Maelstrom, Lightspeed Faction, Nomad Capital, Robot Ventures, Tangent, and Presto Labs.It is reported that the new funds will be used to enhance its infrastructure and provide a smoother service experience for DeFi protocol builders.

ChainCatcher news, the decentralized cloud gaming protocol DeepLink Protocol announced on platform X that DeepLink has received strategic investment from GC Capital.Previous news, DeepLink announced the completion of a total of $8 million in angel round and Series A financing, with participation from companies such as Gobi Partners, Hycons, DBC, and ROCK Ventures, as well as P&S, KMTLE, Dan & FamilyWorks, BTR, Horman, and FireHustle.

ChainCatcher message, according to monitoring by The Data Nerd, in the past 9 hours, Symbolic Capital deposited 4,446 ETH (approximately 12.16 million USD) and 10.56 million USDT to Binance.Subsequently, it transferred the above assets along with 178.1 WBTC (approximately 10.56 million USD) to the Binance hot wallet.

ChainCatcher news, according to official sources, the TON-based DeFi solution LayerPixel has announced the completion of a $2 million seed round financing, led by Kenetic Capital, with participation from Foresight Ventures, Waterdrip Capital, VentureSouq, Web3 Port Foundation, Microcosm Research, TMM Club, and dozens of angel investors.It is reported that LayerPixel aims to provide one-stop DeFi services for developers of Telegram Mini Apps. The platform's core products include the first Weighted-Pool decentralized trading platform on the TON chain, PixelSwap, the account abstraction wallet PixelWallet, and the lightweight oracle Pixacle. LayerPixel stated that its products will also provide seamless API access and SDK integration in the future, helping more developers enter the TON ecosystem.

ChainCatcher news, the on-chain order exchange Kuru announced the completion of a $2 million seed round financing, led by Electric Capital, with participation from Brevan Howard Digital, CMS Holdings, Pivot Global, Breed, and Velocity Capital, as well as angel investors such as Keone Hon, Jarry Xiao, and Eugene Chen.Kuru intends to use the new funds to expand its team and prepare for audits before the launch of the Monad testnet.It is reported that Kuru is an on-chain order book DEX on Monad, providing users with a single platform to discover, research, and trade on-chain spot assets.

ChainCatcher news, the fixed-rate lending protocol Term Finance has completed a $5.5 million strategic financing round, led by Electric Capital, with participation from Arete Capital, Delta Blockchain Fund, Inception Capital, Blizzard Fund, Maelstrom, and others. The funds raised will be used to develop the protocol and accelerate Term's roadmap to simplify lending through features such as looping, passive lending, automation, and real-time alerts.It is reported that Term is the first on-chain fixed-rate lending protocol to operate effectively at an institutional scale, providing over $100 million in loans through the protocol, with seven-figure liquidations occurring weekly.According to RootData, Term is a non-custodial, scalable fixed-rate lending protocol that uses a novel on-chain auction dual-auction mechanism to determine the fixed rates for transactions between borrowers and lenders on the platform. It brings borrowers and lenders together in a fair and transparent auction process to establish a single market clearing rate that all participants will pay or receive, regardless of size.

ChainCatcher news, according to The Block, the memecoin and NFT leverage trading protocol Wasabi has completed a $3 million seed round financing, led by Electric Capital, with participation from Alliance, Luca Netz, Santiago Santos, Zagabond, DCF God, and others. The Wasabi protocol is available on Ethereum and the Ethereum L2 Blast.Since January, Wasabi's trading volume has exceeded $500 million. Wasabi is hiring smart contract engineers, backend developers, quantitative engineers, and operations managers. It plans to expand its current team of 6 to 10 in the near future.

ChainCatcher news, according to The Block, the Solana ecosystem multi-signature protocol Squads has completed a $10 million Series A funding round, led by Electric Capital, with participation from Coinbase Ventures, Placeholder VC, RockawayX, L1 Digital, and Mert Mumtaz, co-founder and CEO of Helius and founder of Odyssey Ventures. Previously, the company had raised $12.5 million in three funding rounds.According to the Web3 asset data platform RootData, Squad is a multi-signature management tool based on Solana, designed to handle complex governance and fund management, with the mission of unlocking the full potential of self-custody, co-ownership, and coordination for teams emerging in Web3.Since its launch in 2021, Squads has stated that it has helped protect over $10 billion in assets, a significant increase from $500 million in October last year.

ChainCatcher message, according to on-chain analyst @ai_9684xtpa's monitoring, half an hour ago, ETH briefly fell below 3800 USDT, and this spike may have been driven by the MEV trading firm Symbolic Capital Partners.It is reported that the institution sold 6968 ETH (approximately 27.38 million USD) within one minute at 20:56, with an average selling price of 3930 USD; among them, one transaction sold 3497 ETH in a single go on-chain, with a bribe fee of 90 ETH.

ChainCatcher news, Neoclassic Capital, a crypto venture capital firm founded by former Goldman Sachs employees Steve Lee and Michael Bucella, has officially launched. The company is dedicated to injecting capital into various sectors of the crypto industry, including emerging SoFi and GameFi projects, as well as services related to digital asset lending, derivatives, and the tokenization of physical assets.Headquartered in Miami, Neoclassic Capital was established in January this year and has received investments from notable figures such as Marc Andreessen, Chris Dixon, and Jeff Vinik, the owner of the Tampa Bay Lightning. The firm focuses on early-stage blockchain applications (from pre-seed to Series A) and acts as a bridge connecting digital asset investors from East Asia and North America with companies, leveraging the cross-cultural backgrounds and multilingual abilities of its founders.Recently, the company has secured investments from several international investors, including SBI Holdings executive Genki Oda and Zurich-based investment advisory firm L1 Digital AG, which will help propel the development of emerging crypto projects. In the future, Neoclassic Capital also plans to launch projects such as hedge funds, growth equity, and credit.

ChainCatcher news, according to CoinDesk, the tokenized reinsurance RWA platform Re has completed a new round of financing of $7 million, led by Electric Capital.It is reported that the project had previously completed a $14 million seed round financing at the end of 2022, and Re aims to support $200 million in premiums by the end of this year.According to the Web3 asset data platform RootData, Re is a blockchain-driven reinsurance company that allows qualified investors to support real-world insurance policies and companies. It has established a decentralized reinsurance market on Avalanche's C-Chain and Subnet, which is a decentralized global insurance trading layer that addresses any type of insurance risk in a transparent manner to regulators, partners, and investors.

ChainCatcher news, according to The Block, the Solana ecosystem DEX project Zeta Markets has completed a $5 million strategic financing round, led by Electric Capital, with participation from Digital Asset Capital Management (DACM), Selini Capital, and Airtree Ventures. Angel investors include Solana's Anatoly Yakovenko, Helius's Mert Mumtaz, Tensor's Richard Wu, and Pyth's Genia Mikhalchenko.Zeta Markets founder Tristan Frizza stated that this round of financing, which just started recently, ended last week, and the structure of this round is a "pure" simple agreement for future tokens (SAFT).According to the Web3 asset data platform RootData, [Zeta Markets](https://www.rootdata.com/zh/Projects/detail/Zeta Markets?k=MzAzNg== "DeFi derivatives built on Solana") is an under-collateralized DeFi derivatives platform that provides liquidity derivative trading for individuals and institutions.

ChainCatcher news, according to Bitcoin Archive, after submitting new documents to the SEC today, Rubric Capital and Symmetry Investments have now become the two largest holders of BlackRock's spot Bitcoin ETF "IBIT," with positions of $60 million and $53 million, respectively.

ChainCatcher news, Farcaster's integrated social client Kiosk announced on the X platform that it has completed a $10 million financing round, led by Electric Capital, with participation from a16z Crypto, USV, and Variant Fund.According to the Web3 asset data platform RootData, Kiosk is a Farcaster client that helps creators build a community from 0 to 1 within the app. Creators can share media-rich ideas with their social graph, allowing them to be minted as NFTs, gather like-minded collectors and collaborators in channels, establish custom channel economies such as tips and distribution, and chat with the community—all without leaving the app.

ChainCatcher news, according to on-chain analyst @ai_9684xtpa's monitoring, the venture capital firm Symbolic Capital Partners, founded by the creator of Polygon, seems to have been selling ETH recently.In the past 18 hours, Symbolic Capital Partner has deposited 4,205 ETH to Binance, worth 13.18 million USD; while in the past seven days, a total of 21,519 ETH has been transferred, with a total value of up to 66.79 million USD.

ChainCatcher news, according to Coindesk, the on-chain investment project Storm Labs has completed a $3 million financing round, led by Electric Capital, with participation from Accomplice, Robot Ventures, Daedalus, and well-known angel investors in the industry.It is reported that Storm Labs will use this round of financing to build the on-chain portfolio manager Cove. Cove allows users to build and manage customized DeFi portfolios without manual operations, addressing issues such as losses and rebalancing.

ChainCatcher message, the decentralized DAO financial governance platform Ink Finance, strongly supported by Republic Capital, Defi Alliance, Avalanche Eco Fund, Polygon Eco Fund, etc., has now opened the free distribution of DAO badges and the native token $QUILL airdrop program.Users can obtain badges by joining the project's official Discord (https://discord.com/invite/InkFinance) or filling out a form on Galxe. Badge holders can participate in Ink Finance's DAO voting governance and will receive the native token $QUILL airdrop. It is worth mentioning that a well-known IDO platform will launch the public sale of $QUILL at the end of April. In May, $QUILL will be listed on centralized exchanges for IEO and trading will begin. DAO badge holders can also participate in $QUILL airdrop rewards in subsequent foundation activities.Ink Finance was launched in 2020 and has gone live on the Avalanche and Polygon mainnets. It now provides a series of services for DAOs, including on-chain financing, RWA asset packaging on-chain, and on-chain clearing governance by accounting firms.