ChainCatcher news, the on-chain venture capital platform Fission Labs announced the completion of a $1.6 million Pre-Seed round of financing, led by SALT Fund and Kraynos Capital, with participation from Anthony Scaramucci (Skybridge). The new funds are intended to drive Fission Labs to bring venture capital into on-chain DeFi applications. Its platform has launched a testnet on Ethereum to support both cryptocurrency-native users and traditional financial participants to invest in and trade tokenized private equity.

ChainCatcher news, the lending protocol Scallop within the ecosystem has announced that it has received investment from the Sui Foundation.As the fastest-growing public chain in this cycle, this investment solidifies Scallop's leading position within the Sui ecosystem and will help it grow, enabling it to bring more features and functionalities to the ecosystem.

ChainCatcher news, according to The Block, Bitcoin ecosystem stablecoin developer Yala has completed an $8 million seed round financing, led by Polychain Capital and Ethereal Ventures, with participation from Galaxy, Anagram, ABCDE, Amber Group, HashKey Capital, Satoshi Lab, and UTXO Management.The funds from this financing will primarily be used for team expansion, product development, and security enhancements, as well as preparations for the mainnet launch. Additionally, investors have committed to collateralizing over 2,000 bitcoins to Yala.It is reported that Yala's mission is to connect Bitcoin with major ecosystems through stablecoins as a medium, enhancing Bitcoin's liquidity. Its modular architecture allows Yala to deploy across EVM-compatible platforms (such as Ethereum) and non-EVM systems (such as Solana), thereby enhancing Bitcoin's composability and promoting the development of an open Bitcoin DeFi ecosystem. According to official sources, Yala's testnet will be launched next week.

ChainCatcher news, the privacy social media network MeWe, based on the Decentralized Social Network Protocol (DSNP), announced the completion of a $6 million Series B funding round, led by McCourt Global. The new funds will be used to further develop new technologies such as AI integration, launch new Web3 product features, strategically acquire users through targeted marketing efforts, and introduce a native token to enhance user growth, platform engagement, and utility.

ChainCatcher news, the French blockchain securities trading platform Kriptown announced the completion of a €4.2 million Series A funding round, led by BNP Paribas, Bpifrance, and Centilux Family Office, with BNP Paribas and Bpifrance becoming shareholders of the company. The new funds will be used to establish a European stock exchange specifically for small and medium-sized enterprises under the European DLT pilot regime, allowing the creation of financial markets based on blockchain technology.In addition, Kriptown has officially submitted a DLT TSS (Trading and Settlement System) license application to the French Prudential Supervision and Resolution Authority (ACPR) under the European DLT pilot regime.

ChainCatcher news, according to Chainwire, the UK Web3 game studio Dragonz Lab today announced that it has raised $9 million in funding led by Syndicate Capital Limited Partnership Fund (LPF).It is reported that LPF is a venture fund focused on investments in Web3, blockchain, and artificial intelligence, playing the role of a community builder to promote the development of the digital economy. This strategic equity investment aims to strengthen the development of Dragonz Land (a utility-driven Play-2-Earn game) and promote the development of digital property rights and the Web3 ecosystem.

ChainCatcher news, according to Fortune, a startup focused on developing AI applications for specific fields, Kiva AI, has announced the completion of a $7 million seed round financing, led by cryptocurrency venture capital firm Coinfund. Institutions such as Protagonist, Hashkey, and Peer VC participated in the follow-on investment.Kiva AI aims to provide specialized AI solutions for industries such as healthcare, finance, and law. Kiva AI employs a "human-in-the-loop" approach, hiring experts from around the world to participate in data labeling to ensure the accuracy and reliability of AI models, especially in high-risk areas such as medical diagnosis and legal document analysis.Kiva AI creates additional income opportunities for highly skilled talent worldwide. The company plans to use cryptocurrency to pay overseas experts, which not only provides higher value for the experts but also reduces costs for the company.

ChainCatcher news, according to official sources, Gate.io announced a strategic investment of $10 million in The Open Network (TON) blockchain, aiming to deepen cooperation with the TON Foundation and accelerate project development based on the Telegram platform.This investment will support the development of multiple new products, including CeFi-driven Telegram mini-programs and Gate Wallet within Telegram. In addition, Gate Group is also participating in the TON Society's Hackers League hackathon, where Gate.io has made a preliminary commitment to a portion of the $2 million total prize pool.Dr. Han Lin, founder and CEO of Gate.io, stated: "The TON ecosystem has a large Telegram user base and high-speed, low-cost blockchain technology, demonstrating tremendous development potential."

ChainCatcher news, Bitcoin ecosystem oracle APRO Oracle has completed a $3 million seed round financing, led by Polychain, ABCDE, and Franklin Templeton, with participation from CMS Holdings, Comma3 Ventures, UTXO Ventures, Oak Grove Ventures, Presto Labs, and others.It is reported that APRO Oracle aims to bring liquidity to the Bitcoin ecosystem.

ChainCatcher news, according to market news, Binance Labs announced an investment in ZKsync "elastic chain" Sophon, with the specific amount not disclosed. It is reported that Sophon builds its layer two network using Matter Labs' modular open-source framework, and the mainnet is set to launch next month, with the token deployment imminent. As of now, it is reported that Sophon's total financing amount has exceeded 70 million dollars.

ChainCatcher news, according to crowdfundinsider, Layer has completed a $6 million seed round financing, led by 1kx, with participation from Fabric Ventures, Arrington Capital, and IOBC. Angel investors include Sreeram Kannan from EigenLayer, Rok Kopp and Mike Silagadze from Ether.fi, and former BlackRock employee Paul Taylor.Layer utilizes Web Assembly, allowing developers to write applications in languages like Rust that can run anywhere - even on iPhones. Layer's upcoming product "Layer SDK" enables developers to build new layers on top of Ethereum, running full-stack blockchain applications, including smart contracts, consensus mechanisms, UI, and verifiable off-chain services.

ChainCatcher news, according to TechCrunch, OpenAI announced that it has raised $6.6 billion in a new round of financing, with a post-financing valuation of $157 billion, led by Thrive Capital. According to Crunchbase data, OpenAI has raised a total of $17.9 billion.According to The New York Times, Thrive invested about $1.3 billion in this round of OpenAI financing and has an exclusive option to reinvest up to $1 billion at the same valuation before 2025. Microsoft, Nvidia, SoftBank, Khosla Ventures, Altimeter Capital, Fidelity Investments, and MGX also participated.The Wall Street Journal reported that Microsoft's investment is close to $1 billion, Nvidia has committed to invest $100 million, and SoftBank invested $500 million.

ChainCatcher news, Oak Grove Ventures announced its participation in the $4 million seed round financing for the Web3 game "Legend of Arcadia" (abbreviated as LOA). This round of financing attracted participation from several well-known investment institutions, including Animoca Brands, OKX Ventures, Arche Fund, Selini Capital, and SNZ Capital. In addition, Sebastien Borget, co-founder of The Sandbox, also joined this round of financing as an angel investor.It is reported that LOA is a multi-chain free-to-play casual strategy card game developed by Hong Kong game developer Mugen Interactive, which integrates traditional gaming elements with the Web3 GameFi 2.0 concept. The game is scheduled for official release in the fourth quarter of 2024, and this financing will be used to accelerate the game's development process. Oak Grove Ventures is an investment fund headquartered in Singapore, which has successfully supported over 50 projects and 12 funds.As a fund focused on early investments in the cryptocurrency and Web3 fields, Oak Grove Ventures is optimistic about the rich experience of the LOA development team in game production. The team consists of members from well-known Web2 gaming companies such as Tencent, Hero Entertainment, and Xishanju, with over 15 years of industry experience. Oak Grove Ventures will leverage its investment experience and resource network in the Web3 field to assist LOA in accelerating development and promoting its global adoption.

ChainCatcher news, according to The Information, informed sources say that SoftBank's Vision Fund has agreed to invest $500 million in OpenAI's latest funding round, which values OpenAI at $150 billion pre-investment.

ChainCatcher news, the CeDeFi platform Syrupal Protocol recently announced on X platform that it has successfully completed a $3.75 million seed round financing, bringing its valuation to $25 million. The specific investors have not been disclosed.According to reports, Syrupal is a CeDeFi platform dedicated to integrating the advantages of centralized and decentralized systems, offering cryptocurrency options including BTC and ETH, and supporting various options strategies.

ChainCatcher news, the decentralized content delivery platform Mawari's DePIN network Mawari Network has announced the completion of a $10.8 million strategic financing round, led by Anfield LTD, Borderless Capital, and 1kx, with participation from Accord Ventures, Animoca Brands Japan, Blockchange Ventures, Draper Dragon, iAngels, Mulana Ventures, Parami Investors, Samsung Next, and Waldo Holdings, as well as angel investors Ivan Brightly, Joshua Frank, Pete Townsend, and Sean Carey.This round of strategic financing brings Mawari's total funding to $17.3 million. Mawari plans to launch on the Solana mainnet in the first quarter of 2025 and will conduct a node license sale in the fourth quarter of this year to expand its infrastructure.It is reported that the project currently serves 40 clients, including global brands such as T-Mobile, Netflix, and BMW, with an average annual revenue of approximately $1.5 million. Mawari focuses on real-time 3D content rendering and streaming, supporting VR, AR, and XR devices, and has obtained 3 patents, with another 11 pending.

ChainCatcher news, according to The Block, the blockchain project Initia announced the completion of a $14 million Series A funding round, led by Theory Ventures with participation from Hack VC and others. Angel investors include Keone Hon from Monad Labs, Bryan Pellegrino from LayerZero Labs, and Michael Egorov from Curve Finance.Initia co-founder Ezaan Mangalji stated that the company began its Series A funding earlier this year and completed the financing in June. The structure of this round is a Simple Agreement for Future Equity (SAFE) with token warrants, which brings Initia's FDV to $350 million.

ChainCatcher news, the decentralized cloud computing platform Swan Chain recently announced the completion of a new round of financing worth millions of dollars, led by the Optimism Foundation with an investment of $850,000, while early investors such as Waterdrip Capital continued to increase their investments.Swan Chain is an AI DePIN infrastructure project built on the OP Stack, pioneering the integration of Web3 and AI by providing comprehensive solutions covering storage, computing, bandwidth, and payment. Previous rounds of investors include Binance Labs, SNZ, Chain kink, Protocol Labs, and others.It is reported that the Swan Chain mainnet was launched in early July, currently boasting over 150 ecosystem partners and more than 100 AI applications. The project team plans to launch the SWAN token in the second half of this year to further enhance the ecosystem and incentive mechanisms.