ChainCatcher news, the decentralized storage platform Cumulus Encrypted Storage System (CESS) announced the completion of an $8 million financing round, with participation from HTX Ventures, Infinity Ventures Crypto, DWF Labs, Mentha Partners, Vespertine Capital, Web3 Foundation, Singchain Investment, 7 O'Clock Capital, SolrDAO, FishDAO, OneBlock+, Winkrypto, and the Polkadot Ecological Research Institute.It is reported that CESS is both a blockchain network and a decentralized storage system. It allows files to be stored across multiple nodes and identified by their hash values. The new funding will be used to "drive technological advancements, expand global operations, and strengthen CESS's position in the decentralized infrastructure space."

ChainCatcher news, LayerZero's cross-chain liquidity protocol Cedro Finance has completed a $1.5 million seed round financing, led by Shima Capital, with participation from Infinity Ventures Crypto (IVC), Mask Network, and Sam Thapaliya. This round of financing will be used to expand the Cedro team and build the Omnichain liquidity platform.It is reported that Cedro Finance is an Omnichain liquidity platform that allows users to seamlessly lend and borrow across chains, with the ultimate goal of becoming a full-chain financial hub. It is currently planning to launch various Cedro-based products. Cedro Finance has been operating on the testnet since December 2022. (source link)

ChainCatcher news, according to The Block, the NFT trading platform NF3 has completed a $1.65 million seed round financing, led by Infinity Ventures Crypto and Spartan Group, with participation from DWF Labs, Saison Capital, Bitmex founder Arthur Hayes, David Chreng (LeadBlock Partner), and Neil Gomes, head of fintech EMEA at SoftBank.NF3 co-founder Skittlewood stated that the platform offers NFT spot and options trading, as well as a "buy now, pay later" service. NF3 currently supports Ethereum and will support public chains such as Solana, Polygon, and Tezos in the future. (Source link)