ChainCatcher news, the encrypted collaboration terminal project Herd announced the completion of a $1.8 million Pre-Seed funding round, led by Semantic Ventures, with participation from Archetype and Hardi Meybaum.According to reports, Herd is developing a collaborative terminal, called "coterminal," aimed at simplifying interactions with on-chain contracts. The platform enables users and AI agents to collaboratively search, understand existing on-chain contracts, and write them as off-chain and on-chain outputs.

ChainCatcher news, the hybrid cryptocurrency exchange X10 has announced the completion of a $6.5 million financing round, with investors including Tioga Capital, Semantic Ventures, Cherry Ventures, Starkware, and Cyber Fund, as well as notable angel investors such as executives from Revolut and Lido founder Konstantin Lomashuk.X10 was founded by former Revolut crypto business head Ruslan Fakhrutdinov, aiming to combine the advantages of centralized exchanges (CeFi) and decentralized finance (DeFi) to provide users with a Revolut-like experience and self-custody of funds. The new funding will be used to build a brand new cryptocurrency exchange that achieves self-custody of funds while providing a high-quality user experience.

ChainCatcher news, DeFi yield platform Texture has completed a $5 million financing round, led by P2P Capital and Sino Global. Participants include Wintermute, Semantic Ventures, and Jane Street Capital, with the financing completed using the stablecoin USDC.It is reported that Texture is a DeFi platform running on the Solana blockchain. Texture has entered the private beta phase, aiming for a full launch by the end of the year. (The Block)