financing

Nuva Digital has completed a $5.2 million seed round of financing, led by Morgan Creek Digital, with Ulu Ventures participating. This round was completed in a single tranche and marks the company's first external financing.Nuva Digital is co-incubated by Animoca Brands and Nuva Labs (formerly Provenance Blockchain Labs) and is dedicated to building a real-world asset (RWA) yield platform, Nuva Finance. The structure of this financing round includes priced equity seed round with token purchase warrants, and the valuation has not been disclosed.

The RWA trading platform NUVA software development company NUVA Digital has completed a $5.2 million seed round financing, led by Morgan Creek Digital.NUVA is jointly created by Animoca Brands and Nuva Labs. The platform allows users to deposit with stablecoins at the click of a button, mint yield-bearing composable tokens, and provide on-chain proof of reserves, with no minimum deposit or lock-up requirements. This round of financing will be used to accelerate platform development and ecosystem expansion, including enriching the treasury market, introducing more issuers, multi-chain deployment, building institutional-grade tools, and promoting the issuance of NUVA functional tokens. The company stated that the current financing marks its transition from the early development stage to the stage of expanding TVL and user scale, aiming to address the fragmentation issue in the RWA market and create a unified entry point.

The crypto derivatives trading platform Liquid has completed a $18 million Series A financing round, led by Neo and Left Lane Capital, with participation from Haun Ventures, K5 Global, SV Angel, AntiFund, and Sunflower Capital.The company previously completed a $7.6 million seed round led by Paradigm. Liquid was founded by former Two Sigma quantitative researcher and Harvard graduate Franklyn Wang, initially as a perpetual contract aggregation platform, and has now expanded to multi-asset trading including stocks, forex, commodities, and prediction markets. The platform supports leverage of up to 200 times and integrates various asset trading, including positions from Polymarket.

According to the latest weekly report from Gate Ventures, there are signs of phased recovery at the macro level, with major stock indices showing divergent performance but overall trending upwards, and market risk appetite has rebounded. Against this backdrop, the cryptocurrency market has also rebounded, with BTC rising 6.6% and ETH rising 4.7%, recording net inflows of approximately $823.7 million and $155 million in spot ETFs, indicating a strengthening of capital inflows.The overall market capitalization increased by 5.2%, while the market capitalization excluding BTC and ETH grew by 2.6%, suggesting that the upward momentum is beginning to spread to a broader range of assets, although the pace remains relatively moderate. In terms of asset and industry dynamics, structural opportunities continue to emerge. The top 30 assets averaged a rise of 4.2%. Meanwhile, advancements in on-chain and industrial aspects continue, including the ongoing evolution of digital currency infrastructure and asset tokenization.In terms of investment and financing, a total of 12 transactions were completed last week, with a disclosed total financing amount of approximately $54.89 million, a month-on-month increase of about 31%, with funds mainly flowing into the DeFi and infrastructure sectors. Among them, JPYC completed a $17.62 million financing to promote the construction of yen stablecoin infrastructure; 3F completed a $4 million seed round financing, with investors including Gate Ventures.Against the backdrop of marginal improvement in the macro environment, the activity in investment and financing has rebounded, with funds still focusing on long-term application scenarios and underlying capability building in a volatile environment.

SOL Treasury Company Solana Company has completed a targeted issuance, issuing 3,076,922 shares of Class A common stock at a price of $2.6 per share, expecting to raise approximately $8 million (net fundraising of about $7.9 million), with Mirae Asset leading the investment and HashKey Capital participating.The company plans to use the raised funds to increase its holdings of SOL and for daily operations. In addition, the company has signed a put option agreement with the subscribers, stipulating that when certain conditions are triggered, the subscribers have the right to request the company to repurchase shares at the original subscription price plus an annualized internal rate of return of 7%.

According to Caijing magazine, the AI large model company DeepSeek is in talks with Tencent and Alibaba for financing, with the two investors expected to invest a total of $1.8 billion, valuing this round of financing at approximately $20 billion. The transaction plan has not yet been finalized, and DeepSeek, Tencent, and Alibaba have not publicly confirmed it.Sources in the transaction revealed that the main reason for DeepSeek's open financing is the recent serious talent loss. Several core researchers have left one after another to join ByteDance, Tencent, Xiaomi, and the autonomous driving company Yuanrong Qihang. Meanwhile, competitors Zhiyu Technology and MiniMax have listed on the Hong Kong Stock Exchange, and the Dark Side of the Moon has completed three rounds of financing in the first three months of this year, with a valuation more than quadrupling since the end of last year.Tencent and Alibaba's investment in DeepSeek will help diversify risks in the AI sector and deepen cooperation between the two parties at the model and product levels.

Robin Markets tweeted that it has completed a $475,000 angel round of financing, led by Fabric VC, with joint leads from Animoca Brands, ATKA Incubator, John Lilic, and Stefan D. George, and participation from several institutions and angel investors including Hilbert Capital, Layer Zero, and Gnosis.Robin Markets has simultaneously opened its V1 staking product to the public. Robin Markets is a DeFi platform focused on Polymarket position yields, with its core product allowing users to earn yields on their positions in Polymarket.

AI digital asset trading agency platform Fere AI announced the completion of a $1.3 million financing round, led by Ethereal Ventures, with participation from Galaxy Vision Hill and Kosmos Ventures.The platform supports cross-chain networks such as Ethereum, Solana, and Base, allowing users to describe trading objectives in natural language, with AI agents handling trade execution. The new funds will be used to accelerate platform feature development and optimize trading execution strategies.

The decentralized computing platform VORAN announced the successful completion of a $3 million seed round financing. The participating institutions in this round of financing include IBC Group, CGV, All In Club, Harbor Digital Ventures, and several senior figures in the Web3 field.It is reported that VORAN aims to provide scalable decentralized computing services globally. The official statement indicates that the funds raised in this round will mainly be used to accelerate the development and iteration of platform applications and further expand its underlying infrastructure.

Web3 AI infrastructure AIW3 announced the completion of a $2 million seed round financing. This round of financing was led by Buffalo Capital, with participation from GalaXin Capital and Three-stones Ventures.It is reported that AIW3 is committed to transforming into an AaaS (Agent-as-a-Service) on-chain execution paradigm, providing callable strategy services, autonomous agent orchestration, and native vault collaborative funding flows, aiming to build a system-level next-generation on-chain execution layer. The official statement indicates that its core protocol infrastructure has officially entered a fully verifiable real-time operational phase, laying the foundation for the long-term development of a scalable decentralized agent network and ecosystem.

The vault protocol 3F, built on the decentralized lending protocol Morpho, has completed a total financing of $4 million, led by Maven 11, with participation from institutions such as F-Prime, GSR, and Gate Ventures. The company did not disclose a specific valuation.It is reported that 3F is built on top of Morpho, aiming to provide users with RWA leveraged exposure through a "one-click operation." Users only need to select the target asset and leverage multiple, and the protocol will automatically complete the entire position-building process: including purchasing the underlying asset through short-term bridge financing, depositing it as collateral in Morpho, and borrowing stablecoins to repay the financing. This mechanism essentially simplifies the "looping" process in traditional DeFi, which involves repeatedly buying assets, collateralizing, lending, and reinvesting.While this process can be efficiently completed in pure crypto assets through flash loans, it is usually more complex and inefficient in RWA scenarios due to issues such as settlement delays. 3F is expected to officially launch in the second quarter of this year.

Investors including Pantera Capital Management are pushing the UK Bitcoin reserve company Satsuma to sell its $50 million Bitcoin reserve.Satsuma shifted to an "AI-driven" Bitcoin reserve strategy in August 2025, successfully raising £164 million (approximately $221 million) through convertible loan notes, led by ParaFi Capital, with participation from Pantera, Digital Currency Group (DCG), Kraken, Arrington Capital, and others. It is reported that Satsuma confirmed that some shareholders "requested a return of capital," but did not disclose the identities of the specific shareholders. Satsuma's Executive Chairman Ranald McGregor-Smith stated in an email that the company is exploring options to facilitate these requests while protecting the interests of all shareholders.

AI deep technology and Web3 infrastructure company Cluster Protocol announced the completion of a $5 million financing round, led by DAO5, with participation from Paper Ventures, JPEG Trading, Mapleblock Capital, among others, bringing the company's total funding to $7.75 million.The new funds will be used to accelerate the development of its EVM ecosystem-oriented browser-native IDE product CodeXero, expand the product and engineering teams, and enhance AI systems, developer workflows, deployment infrastructure, and ecosystem growth. Cluster Protocol stated that CodeXero has connected over 300,000 wallets, processed more than 3 billion AI tokens, and supported the deployment of over 25,000 dApps.

RealGo announced that it has completed over $3.5 million in financing, with support from institutions and strategic partners such as Animoca Brands, Cogitent Ventures, X21 Digital, Notch VC, and Becker Ventures in the early investment round and strategic round.RealGo stated that it will use this funding to advance the infrastructure related to Meme 3, promoting the evolution of memes from mere trending topics to asset forms that can be captured, collected, battled, socialized, monetized, and truly owned by users.

AI laboratory Sooth Labs, founded by former Meta employees, is raising approximately $50 million in funding, led by Felicis Ventures, with a post-money valuation of about $335 million.The company plans to develop AI models to predict the likelihood of specific geopolitical events and market events, providing related capabilities to enterprises. Sooth Labs has also received support from Yann LeCun and Google Chief Scientist Jeff Dean, with Meta Chief Technology Officer Andrew Bosworth serving as an advisor.

Former OpenAI Codex team engineer Daniel Edrisian announced his departure and founded an AI hardware company, Blackstar Computers. The company has completed a $12 million seed round of financing, led by Abstract, with participation from SV Angel, Naval Ravikant, Chapter One, and Timeless.Blackstar positions itself as a new type of computing device, planning to reconstruct the computing experience from hardware, software, and interaction perspectives. Edrisian stated that current software development has matured, and further enhancement of human-AI interaction needs to be innovated at the operating system level. The company team currently consists of about 8 people, distributed between San Francisco and Shenzhen, and has not yet launched a public product.

According to BBX data, yesterday the capital actions of mining companies' AI transformation coincided with the innovation of cryptocurrency ETF products, with the following core dynamics:HIVE Digital Technologies Ltd. (NASDAQ / TSX-V: $HIVE) announced on April 22 the completion of a $115 million private placement of 0% convertible preferred notes (including full exercise of the underwriters' over-allotment option), with the notes maturing in 2031 and estimated net proceeds of approximately $109.5 million; the initial conversion price of the notes is about $2.57 per share, representing a premium of approximately 17.5% over the closing price on April 16, while implementing capped call options to hedge against dilution risk. The funds will be used for GPU procurement and data center construction, and the company has also received conditional approval from the Toronto Stock Exchange, expecting to upgrade from the TSX Venture Exchange to the TSX main board around April 30.Keel Infrastructure Corp. (NASDAQ: $KEEL) (formerly Bitfarms) announced on April 22 the completion of the sale of its 70 MW Paso Pe mining site in Paraguay, with actual proceeds after delivery adjustments of approximately $13 million (the original agreed price was up to $30 million, with the difference reflecting delivery adjustments). CEO Ben Gagnon stated that this marks the company's complete exit from Latin American assets, and the proceeds will be fully redeployed to North American HPC/AI infrastructure pipelines; following the announcement, the company's stock price rose by about 4%.GSR (privately held) officially launched the GSR Crypto Core3 ETF (NASDAQ: $BESO) on Nasdaq on April 22, which is the first multi-asset actively managed cryptocurrency ETF in the U.S. covering Bitcoin, Ethereum, and Solana, with a management fee of 1.00%, rebalancing weekly based on research-driven signals, and executing on-chain staking for yield on portions of its Ethereum and Solana holdings; the investment advisor is Framework Digital Advisors, and the chief market maker is Jane Street Capital.