ChainCatcher news, decentralized infrastructure Offline Protocol has completed a $1.1 million Pre-Seed funding round, led by Portal Ventures, with participation from Seed Club Ventures and angel investors Paul Taylor, Rushi Manche, Rahim Noorani, and others. The funds raised will be used to develop its privacy-resistant censorship network.The decentralized infrastructure of Offline Protocol enables seamless peer-to-peer communication, offline payments, and locally prioritized applications without relying on centralized servers or traditional networks.

ChainCatcher news, according to The Block, Portal Ventures believes that fintech will be the main driver of cryptocurrency mergers and acquisitions in 2025.Evan Fisher, founder and general partner of Portal Ventures, pointed out: "Today, no fintech investor would overlook cryptocurrency." In the cryptocurrency field, Evan Fisher expects that some established companies like Chainalysis will acquire smaller firms.

ChainCatcher news, according to The Block, the Solana-based tokenization platform AgriDex has completed a $4 million strategic funding round, led by Portal Ventures, with participation from Endeavour Ventures, Hawkwood Capital, HU Investments, FS Ventures, and Sycamore Gap Management Ltd. Company. Angel investors such as Palantir's Tobechi Bolanle Taiwo and Perena's Anna Yuan also participated in this round of financing. Previously, AgriDex completed a $5 million pre-seed funding round, bringing its total funding to $9 million.With the support of the new round of funding, AgriDex plans to tokenize and process $4.5 billion in unfinished trade commitments from partners such as Future Farms, Oldenburg, and Parrogate Group. The platform also plans to expand its coverage to tokenize and trade new commodities such as West African cocoa and Eastern European wheat.Additionally, according to the Web3 asset data platform RootData, Agridex is a Solana-based RWA market that is reshaping the global agricultural industry. It provides participants in the agricultural sector with a transparent, integrated marketplace, featuring its own internal economy. Utilizing on-chain fiat, smart contracts, and participant reviews, AgriDex offers a fully compliant and streamlined solution for agricultural supply chain management.

ChainCatcher news, the tokenized uranium mining company Uranium Digital has completed a $1.7 million financing round, led by Portal Ventures.Uranium Digital is a startup that tokenizes uranium ore to facilitate trading in the heavily regulated metal market in new ways.Uranium Digital founder Alex Dolesky stated that during his early years trading commodities, he discovered that uranium, as a commodity, has not developed as much as other metals like gold and silver. Due to strict regulations, uranium is only traded through over-the-counter (OTC) transactions dominated by institutional traders, making the trading process opaque and inaccessible to retail investors. Uranium trading is still in its early stages, and a financialized market needs to be established first.

ChainCatcher news, according to The Block, early-stage investment firm Portal Ventures has announced its support for Stacks' 1:1 Bitcoin programmable asset sBTC. The firm plans to launch a series of seminars to explain the role of sBTC in enhancing the capital efficiency of Bitcoin for institutional investors.Portal Ventures recently completed a $75 million second-phase fundraise, with investors including Chris Dixon, Marc Andreessen, Henry Kravis, and well-known institutions like Accolade and Theta. Portal Ventures is one of the earliest supporters of the Stacks ecosystem, and Portal Ventures partner Catrina Wang stated that sBTC will become an important bridge connecting Bitcoin and the DeFi ecosystem.

ChainCatcher news, according to Fortune, early blockchain venture capital firm Portal Ventures is nearing the final close of its second fund, which has a target size of $75 million. Its founder and general partner Evan Fisher stated that the fund has been oversubscribed, reaching $90 million.According to documents submitted to the U.S. Securities and Exchange Commission (SEC) in August, the initial fund target was $70 million, but Portal later decided to raise the cap by $5 million.Fisher and another general partner, Catrina Wang, stated that Portal's investment strategy differs from other funds, focusing on early-stage "pre-seed" investments and has garnered support from top-tier investors. Portal's first fund was fully deployed in May of this year, and Fisher expects distributions to begin next year.

ChainCatcher news, the blockchain-based global air rights market SkyTrade has completed its pre-seed funding round, led by Modular Capital and Portal Ventures, with participation from Solana Foundation, Mercatus Center, and angel investors Santiago R Santos, Yano, among others. The specific amount of funding has not been disclosed.SkyTrade is establishing the world's first air rights market, allowing owners, real estate companies, and traders to monetize and smoothly buy and sell air rights.According to the Web3 asset data platform RootData, SkyTrade is a blockchain-based global air rights market for buying, selling, and leasing airspace. SkyTrade enables users to control their low-altitude airspace, allowing them to seamlessly register, manage, and control access.

ChainCatcher news, stablecoin developer Bima Labs has completed a $2.25 million seed round financing, led by Portal Ventures, with participation from Draper Goren Blockchain, Sats Ventures, Luxor Technology, CoreDAO, Halo Capital, Ryan Fang from Ankr, Brian Crain from Chorus One, Jeffrey Feng from Sei Labs, and Smokey from Berachain.Bima has developed USBD, a stablecoin backed by Bitcoin, which can be minted by providing Bitcoin liquidity staking and re-staking tokens as collateral. Bima stated that it will accept collateral from multiple blockchains, including Bitcoin, Bitcoin scaling networks, Ethereum Virtual Machine (EVM) compatible networks, and Solana.

ChainCatcher news, the multi-chain SocialFi infrastructure OpenSocial Protocol has announced the completion of a $5 million seed round financing, led by Portal Ventures and SNZ Capital (early supporters of Ethereum, Chainlink, Cosmos, Arbitrum, Polkadot, and Dfinity), with participation from OKX Ventures, Orange DAO, Animoca Brands, Awesome People Ventures, Arche Fund, Decima Fund, Moonrock Capital, Panony, Summer Ventures; as well as Web3 entrepreneurs such as Smokey the Bera, Brian Fabian Crain, Mike Dudas, Martin El-Khouri, Roham Gharegozlou, Don Ho, Mable Jiang, Adam Jin, Serge Kassardjian, and Jason Yano.It is reported that OpenSocial aims to achieve true ownership of intellectual property and relationships through a combination of infrastructure and UI layers, along with better-aligned monetization and economic incentive mechanisms.According to the Web3 asset data platform RootData, OpenSocial is a multi-chain SocialFi infrastructure that provides truly scalable and composable protocols for web3 users, creators, and developers, powering the future multi-chain SocialFi ecosystem.

ChainCatcher news, Bison Labs announced the completion of its Pre-Seed funding round, aiming to pioneer a Trustless and on-chain sovereign Rollup solution for Bitcoin's second-layer network. This round of financing was led by Portal Ventures, with participation from UTXO Fund, Domo (creator of BRC-20), Linus Chuang, Chief Product Officer of Magic Eden, Waterdrip Capital, Bitcoin Startup Labs, Satoshi Lab, and other strategic investors.It is reported that Bison Labs is a sovereign Rollup solution using ZK proofs on Bitcoin, featuring the smallest trust assumptions and the highest security in the market. Unlike existing second-layer solutions, Bison Labs prioritizes a Trustless system that requires no external trust assumptions by protecting assets through client verification and in co-hosted DLCs. This approach ensures security and prevents key leakage.So far, Bison Labs has over 15 teams building ecological applications on its platform and is expanding its support to EVM and Rust0 VM, as well as CairoVM.Bison Labs CEO Jay emphasized the importance of focusing on the native smart contract ecosystem for Bitcoin. Unlike many other second-layer solutions that design generic "multi-signature" methods, Bison introduces a way to protect network security without trust and without the need to create nodes. Bison Labs sets a new security standard through client verification to directly share the security of Bitcoin's first layer.

ChainCatcher news, Bitcoin DeFi protocol Bitflow Labs announced the completion of a $1.3 million Pre-Seed funding round, led by Portal Ventures, with participation from Bitcoin Frontier Fund, Bitcoin Startup Lab, Big Brain Holdings, Newman Capital, Genblock Capital, Tykhe Block Ventures, and others.It is reported that Bitflow, in collaboration with strategic wallet partners such as Hiro (Leather), Xverse, and Asigna, utilizes technologies like PSBT, atomic swaps, AMM, and second-layer solutions like Stacks to provide efficient decentralized exchanges and sustainable BTC yields.

ChainCatcher news, ZK-L1 network Nockchain development company Zorp announced the completion of a $5 million seed round financing, led by Delphi Ventures, with participation from North Island Ventures, CMCC Global, Portal Ventures, Champion Hill Ventures, Breed VC, Octu Ventures, and Labyrinth DAO.

ChainCatcher news, the liquidity release protocol for stakers, Ion Protocol, announced the completion of a $2 million Pre-Seed funding round, co-led by Portal Ventures and SevenX Ventures, with participation from Foresight X, Bankless Ventures, Maelstrom Fund, Alexander, The Daily Gwei founder Anthony Sassano (sassal.eth), and Syncracy Capital co-founder Ryan Watkins, among others.It is reported that Ion Protocol supports loans for staked and re-staked assets, allowing users to deposit any validator-supported assets (including LST, re-staked positions, etc.) into the collateral vault and mint allETH from their deposits. (source link)