ChainCatcher news, Web3 venture capital firm Hashed Ventures announced that starting from its fourth fund, it will be fully establishing funds overseas and plans to set up a large office in Abu Dhabi, UAE, with core team members including the CFO and CPO relocating to Abu Dhabi for work.Hashed's move aims to escape the restrictions of the Korean Venture Capital Act on domestic investment ratios to enhance global investment freedom. It is reported that over 80% of the company's assets are currently invested overseas, and more than half of the funds for the third fund being established also come from international capital.Founded in 2017, Hashed focuses on virtual assets and equity investments. This strategic adjustment will further strengthen its project discovery and investment capabilities globally.

ChainCatcher news, Web3 game studio Qooverse has completed its Pre-seed funding round, led by Paper Ventures, with participation from Animoca Brands, Merit Circle, and notable angel investors. The specific amount has not been disclosed.Qooverse is a Web3 game studio founded by senior professionals from Tencent and Goldman Sachs. Qooverse plans to conduct its TGE in early 2025 and is currently developing a moderate and casual social game ecosystem, which will be released on Telegram and more social platforms in the future.

ChainCatcher news, according to official sources, Oak Grove Ventures successfully won the first Claude Monet's Paysage on-chain auction for 86.0405 ETH, to support the development of the art-themed commemorative coin Memeory Coin.This auction was co-hosted by Bounce Brand, South Korea's largest auction house SeoulAuction Blue, and its blockchain platform BounceBit, marking an innovative integration of traditional artworks and blockchain technology.Shawn Shi, co-founder of Oak Grove Ventures, stated, "As an early-stage investment institution focused on cutting-edge technology, we maintain long-term confidence and support for the innovative integration of traditional art and Web3 culture. This auction has opened up a new direction for the combination of traditional art and meme culture, and Oak Grove Ventures will continue to pay attention to this innovative field."

ChainCatcher news, according to The Block, the developer of the modular DEX protocol Valantis, Valantis Labs, has completed a $7.5 million Pre-Seed and Seed round financing.Deven Matthews, co-founder of Valantis Labs, stated that they completed a $3.5 million Pre-seed financing in April 2023, with Cyber Fund and Kraken Ventures co-leading the Pre-seed financing, which was valued at $20 million. In September 2024, they completed a $4 million Seed round financing, with SevenX Ventures leading the Seed round, raising the valuation to $40 million. Other participants included Semantic Ventures, Figment Capital, Robot Ventures, Anthony Sassano, and Sandeep Nailwal.Valantis provides a modular framework that helps developers build decentralized trading platforms through composable "modules."

ChainCatcher news, according to official sources, the community co-created AIGC game Gabby World announced the completion of a $2 million financing at a valuation of $20 million. This round of financing was participated by 13 institutions including SevenX Ventures, OnePiece Labs, Everest Ventures Group, Huofeng Capital, Zonff Partners, as well as 8 angel investors including former partners from Republic, former partners from Hashed, and partners from Gam3Girl Ventures.Gabby World is a community co-created AIGC Dungeons and Dragons game and is the first VC token to be issued at a meme-like ultra-low market cap through a "fair release" token economy, aiming to explore a new paradigm for VC token issuance that counters "low circulation high FDV" and time-locked releases.The token GABBY was quietly issued at a market cap of $10,000 on Solana's DEX at the end of October, and in the past few weeks, it has successfully validated the on-demand release and buyback destruction advocated by the "fair release" token economic model.

ChainCatcher news, Tether, Kraken, and Fabric Ventures support the Dutch fintech company Quantoz Payments in launching two stablecoins, EURQ and USDQ, which comply with the European Union's Markets in Crypto-Assets (MiCA) regulations. The stablecoins will be issued on November 18 and are authorized by the Dutch Central Bank (DNB) as electronic money tokens (EMT). These stablecoins are fully backed by fiat reserves and aim to provide a secure and regulated option for digital payments across the European Economic Area (EEA).Kraken and Bitfinex will list EURQ and USDQ on November 21, serving eligible customers across Europe.

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 Web3 education platform Academic Labs announced on the X platform that it has completed a new round of financing of $3.2 million, with participation from UOB Ventures Management, Signum Capital, HTX Ventures, Web Master, WIDUSPartners, DWF Ventures, Blockchain for Good Alliance, AsiaTokenFund, and Citystate Group. Specific valuation information has not yet been disclosed.According to reports, the team stated that information regarding new products, token airdrops, and token listings will be released in the coming weeks. The new funds will be used to expand ecosystem coverage and enhance collaborations with universities.ChainCatcher news, Academic Labs is developing an AI web3 education platform that uses its native token ACAD to incentivize content creators to create engaging gamified learning content, quizzes, and videos, focusing on learning English and blockchain knowledge/programming. High-quality content creators can monetize their work using PUBLISHER NFT and earn reputation NFTs from user feedback on their creations.

ChainCatcher news indicates that according to the disclosure documents from the U.S. Securities and Exchange Commission, Altos Ventures has completed a $500 million fundraising for its new fund, focusing on investments in areas such as artificial intelligence, cybersecurity, cloud computing, and blockchain, supporting the next generation of technology disruptors.Altos Ventures has currently invested in over 250 companies, with more than a dozen having gone public or been acquired by public companies. The portfolio includes South Korean e-commerce giant Coupang and the gaming platform Roblox, known as the "first stock of the metaverse." However, Altos Ventures has declined to comment on the fundraising situation related to the new fund.Additionally, according to the Web3 asset data platform RootData, Altos Ventures makes initial investments in startups to capture emerging consumer and business opportunities. Altos Ventures aims to collaborate with management to build world-class companies based on strong operational foundations and attractive unit economics.

ChainCatcher news, Web3 AI company Eidon has completed a $3.5 million seed round financing, led by Framework Ventures, with participation from the Cayman Islands venture capital firm cyber.Fund. The company plans to use the seed funding to develop its team.Eidon encourages users to provide data for training AI models. Users can submit new data, such as fine hand movements or object interactions, while others can verify the authenticity of the data through an upcoming blockchain audit. Eidon’s first network version will go live on November 12. This network includes a platform application for data evaluation and collection, as well as an open sequencer for record preservation.

ChainCatcher news, according to official sources, OKX Ventures has announced an investment in Corn, marking an important step in introducing Bitcoin applications within the Ethereum ecosystem. Corn is based on Arbitrum and integrates support from Coinbase, enabling BTC holders to easily access the Ethereum DeFi ecosystem. Through a unique, secure, and sustainable approach, Corn maximizes the potential of Bitcoin and has achieved several significant milestones, such as becoming the first Ethereum L2 network to use hybrid tokenized Bitcoin (BTCN) as Gas fees, and also the first network to implement Bitcoin security guarantees through Babylon, supporting BTC LST liquidity.At the core of Corn's innovation is BTCN, a hybrid tokenized Bitcoin supported 1:1 by native BTC. This unique model allows BTC holders to use BTC to pay Gas fees within the Ethereum DeFi ecosystem, preserving the core value of Bitcoin. Users can easily cross-chain their BTC to the Ethereum ecosystem with just one click.The ecosystem development of the Corn network is driven by its CORN token (popCORN) staking program, allowing community members to direct earnings towards ecological applications. This approach ensures sustainable growth of the network and incentivizes community members to actively participate in the network's development.

ChainCatcher news, according to Techinasia, Animoca Brands' Mocaverse has completed a $10 million funding round, bringing the total funding to $31.88 million. Investors include OKX Ventures, CMCC Global, and HongShan.The funds will primarily be used to develop consumer crypto infrastructure.According to RootData, Mocaverse is a metaverse product under Animoca Brands, where Mocas are a group of bold and infinitely creative beings who call Mocaverse home. However, the expansion of space has caused the Mocas to separate, increasing the distance between them tenfold. Additionally, the Mocaverse team is building Web3 native tools to enhance the capabilities of products in the gaming, culture, and entertainment verticals, allowing users to create their own digital identities, accumulate reputations, and earn and spend loyalty points.

ChainCatcher news, Brazilian blockchain startup Multiledgers announced the completion of a new funding round of $1 million, led by Oxygea Ventures and Indicator Capital (investing $475,000 each), with Koyamaki Ventures participating (investing about $50,000). The company plans to use the new funds to help businesses create, manage, and integrate networks to manage and certify information and assets, with the primary use case being on-chain management of environmental certificates to ensure compliance.

ChainCatcher news, according to Cryptonews, Japanese cryptocurrency exchange Bitbank has announced the establishment of a wholly-owned subsidiary, Bitbank Ventures, focusing on investments in overseas blockchain companies. This subsidiary will concentrate on blockchain projects from seed rounds to Series A, while also providing support for international companies entering the Japanese market.Bitbank's business development director Jun Kuwahara stated that over the past three years, the company has invested in the Web3.0 startup accelerator Next Web Capital and the crypto project Oasys. Shifting to a corporate venture capital model will accelerate the investment decision-making process and enhance investment capabilities. The new subsidiary will focus on investments in Layer 1, Layer 2 infrastructure, as well as AI, gaming, and Web3 projects.

ChainCatcher news, at the "DeInsight 2024" annual summit held during Devcon in Bangkok, the RootData List 2024 annual rankings have been officially announced. SevenX Ventures has successfully made it to the RootData List 2024 annual rankings as one of the "Crypto VC Top 50 Investment Institutions." SevenX Ventures is a venture capital firm founded by seasoned professionals in the crypto industry with an average of 5 years of experience.It is reported that this list is the second annual selection launched by RootData following its first release in 2023, aimed at showcasing influential and innovative key players in the Web3 space and assessing the critical forces that continue to drive industry progress. RootData is committed to demonstrating the core forces and trend characteristics of industry development through rigorous data analysis.The statistics for the list cover the period from October 31, 2023, to October 31, 2024, and five lists have been published, specifically: Top 50 Projects (completed TGE), Top 50 Projects (not yet conducted TGE), Crypto VC Top 50 Investment Institutions, Top 10 Angel Investors, and Top 20 Best CEOs.

ChainCatcher news, at the "DeInsight 2024" annual summit held during Devcon in Bangkok, the RootData List 2024 annual rankings have been officially announced. LongHash Ventures has successfully made it to the RootData List 2024 annual rankings as one of the "Crypto VC Top 50 Investment Institutions." LongHash Ventures is a leading Web3 venture capital fund and accelerator in Asia, headquartered in Singapore, with team members in major Asian countries and regions such as China, India, and Southeast Asia.It is reported that this list is the second annual selection launched by RootData following its first release in 2023, aimed at showcasing the influential and innovative key players in the Web3 field and assessing the critical forces that continue to drive industry progress. RootData is committed to demonstrating the core forces and trend characteristics of industry development through rigorous data analysis.The statistics for the list cover the period from October 31, 2023, to October 31, 2024, with a total of five lists published, specifically: Top 50 Projects (completed TGE), Top 50 Projects (not yet conducted TGE), Crypto VC Top 50 Investment Institutions, Top 10 Angel Investors, and Top 20 Best CEOs.

ChainCatcher news, at the "DeInsight 2024" annual summit held during Devcon in Bangkok, the RootData List 2024 annual rankings have been officially announced. OKX Ventures has successfully been included in the RootData List 2024 annual rankings as one of the "Crypto VC Top 50 Investment Institutions." OKX Ventures is a fund focused on exploring high-quality projects with great potential.It is reported that this list is the second annual selection launched by RootData following its first release in 2023, aimed at showcasing the influential and innovative key players in the Web3 field and assessing the critical forces that continue to drive industry progress. RootData is committed to demonstrating the core forces and trend characteristics of industry development through rigorous data analysis.The statistics for the list cover the period from October 31, 2023, to October 31, 2024, and five lists have been published, specifically: Top 50 Projects (completed TGE), Top 50 Projects (not yet TGE), Crypto VC Top 50 Investment Institutions, Top 10 Angel Investors, and Top 20 Best CEOs.

ChainCatcher news, according to Bitcoin.com, the full-chain liquidity asset protocol StakeStone announced the completion of a $22 million financing round led by Polychain Capital. This financing also includes strategic investments from Binance Labs and OKX Ventures, with the seed round led by SevenX and participation from Nomad Capital, HashKey Capital, HashKey Cloud, Amber Group, Coinsummer, Bankless Ventures, DAO5, Symbolic Capital, Arcane Group, Quantstamp, and others. This financing will drive StakeStone to achieve accelerated growth while expanding its product services and strengthening its influence in key markets.StakeStone is committed to building the first liquidity ETH/BTC asset standard based on a highly scalable staking network, which supports a risk-free consensus layer for various native assets. With the support of this financing round, StakeStone has also launched its liquidity BTC products, including liquidity index BTC ------ SBTC and interest-bearing liquidity BTC ------ STONEBTC, to enhance the application of native BTC in the EVM ecosystem and other blockchain networks. StakeStone aims to drive real applications by providing high-utilization liquidity, empowering ecosystem partners and DeFi protocols such as Berachain, Movement Labs, Monad, Plume Network, Corn, Pendle, and AAVE DAO.StakeStone will also launch payment products, providing flexible savings account features based on its interest-bearing liquidity ETH asset STONE, while offering a "buy now, pay later" (BNPL) option to bring greater transaction flexibility to users. Leveraging the real-time processing capabilities of MegaETH, this product aims to establish a sustainable model that drives real-world applications and supports large-scale adoption."We are very happy to collaborate with the world's leading crypto funds to build a new generation of full-chain liquidity infrastructure," said Charles K, co-founder of StakeStone. "Their expertise and support are crucial for our ongoing innovation and the global adoption of our products. At the same time, through this financing, we are committed to bringing decentralized finance into the real world. Together with the next generation of high-performance blockchain networks, we aim to increase the number of users served from hundreds of thousands to tens of millions or even hundreds of millions through RWAFi and PayFi, pushing the crypto industry into the era of super applications."