ChainCatcher news, according to techinasia, the crypto trading platform Variational has completed a $10.3 million seed round financing, led jointly by Bain Capital Crypto and Peak XV Partners, with participation from Coinbase Ventures and Dragonfly Capital.Additionally, the Web3 asset data platform RootData shows that Variational was founded in 2021 and is headquartered in George Town, Cayman Islands, specializing in customizable crypto derivatives for peer-to-peer trading, providing services for both retail and institutional traders through its trading infrastructure.

ChainCatcher news, sources reveal that the blockchain fintech startup Partior is operating with a reduced number of employees. The company laid off about 30 employees in July, and several others, including members of the leadership team, have also left. Notably, Partior is the latest startup supported by Temasek Holdings to be affected by layoffs and employee departures in the past 10 months.Previously, it was reported that the cross-border payment and settlement blockchain company Partior completed a $60 million financing round, led by Peak XV Partners.

ChainCatcher news, the encrypted social network platform 0xPPL has completed a new round of financing, with participation from AllianceDAO, Anagram, Peak XV Partners, angel investors Balaji Srinivasan, Anatoly Yakovenko and Raj Gokal from Solana Labs, and Sandeep Nailwal, co-founder of Polygon.The specific amount of financing and valuation information has not yet been disclosed. The new funds will be used to enhance 0xPPL's product offerings, expand its team, and further realize its mission to become a leading on-chain social network platform. Its main competitors currently include decentralized social networks such as Phaver, Easy, and Farcaster.

ChainCatcher news, according to Bloomberg, Singapore's cross-border payment and settlement company Partior has completed a $60 million Series B funding round. This round was led by Peak XV Partners (formerly Sequoia India), with other investors including Jump Trading, Valor Capital, and its existing shareholders Temasek Holdings Private Limited, JPMorgan Chase, and Standard Chartered Bank.

ChainCatcher news, according to Chainwire, the Web3 infrastructure layer Mystiko.Network has completed a $18 million seed round financing, led by Sequoia Capital India/SEA (now known as Peak XV Partners), with participation from Samsung Next, Hashkey, Mirana, Signum, Coinlist, Naval Ravikant, Sandeep Nailwal, Gokul Rajaram, Tribe Capital, Morningstar Ventures, and others.It is reported that Mystiko.Network is the infrastructure layer for Web3. The Mystiko SDK is a universal ZK SDK that provides scalability, interoperability, privacy, and artificial intelligence for each blockchain/dapp. In less than a year, the Mystiko V1 mainnet has supported over $134 million in transaction volume, facilitated 214,000 transactions across 5 different layer1/layer2 blockchains, and has 54,000 unique active on-chain users. Previously, Mystiko.Network was also selected to participate in projects such as Binance MVB, Chainlink Startup, Polygon Ecosystem, and Coinlist Seed.

ChainCatcher news, according to Tech in Asia, Singapore-based crypto payment gateway Triple-A has completed a $10 million Series A funding round. Peak XV Partners and Shorooq Partners led the investment. Triple-A will use the new funds to further develop its product suite.Triple-A was founded in 2018 by fintech entrepreneur Eric Barbier, offering stablecoin and blockchain-based payments, with major supported tokens including USDT, USDC, Bitcoin, and Ethereum. Triple-A obtained a payment institution license from the Monetary Authority of Singapore in 2021.According to crypto data platform RootDat, Triple-A previously completed a $2.88 million funding round led by zVentures in June 2022.

According to ChainCatcher, as reported by TechCrunch, [Sequoia Capital](https://www.rootdata.com/zh/Investors/detail/Sequoia Capital?k=MTQw) will split into three companies, with Sequoia China being rebranded as HongShan, and the Sequoia India and Southeast Asia division being rebranded as Peak XV Partners. Sequoia's US and European businesses will maintain their affiliation with the original Sequoia Capital brand.In addition, Sequoia Capital's India and Southeast Asia division stated that Peak XV Partners has raised $9.2 billion through 13 funds under its previous brand name and invested in over 400 startups in the region, and will now seek to deploy approximately $2.5 billion raised last year. (source link)