financing

On-chain gold and foreign exchange trading infrastructure XStable recently completed a new round of financing, which was supported by multiple institutions including YZi Labs, Sui Foundation, Taisu Ventures, and Catcher VC.Previously, XStable had received investments and support from institutions such as Solana, Amber Group, KuCoin Ventures, and Singchain, accumulating millions of dollars in financing from over ten institutional investors worldwide. Currently, XStable has focused on market development around gold, silver, and major foreign exchange trading pairs. According to data disclosed by the platform, XStable's average daily trading volume has exceeded 100 million dollars, with a cumulative trading volume of over several hundred billion dollars.

According to an exclusive report from Late Auto, the chip subsidiary of Li Auto is advancing its first round of external financing, with a pre-investment valuation of approximately 15 billion yuan, planning to raise several billion yuan. Business registration information shows that Mach Intelligent Cores Limited was established in Hong Kong on July 14, and on August 4, it fully established Shanghai Mach Intelligent Technology Co., Ltd., with Li Auto's CTO Xie Yan serving as the legal representative; a few days later, it also fully established Shanghai Mach Heart Technology Co., Ltd., with the legal representative being Li Auto's co-secretary Wang Yang.Li Auto's self-developed chip team consists of about 200 people, mainly engaged in AI computing architecture, chip design, and related software development, while advancing two types of self-developed chip projects for vehicles and the cloud. Its first self-developed chip, Mach M100, has entered mass production and is equipped in several new or updated models launched this year; another cloud inference chip is under development, also using a data flow architecture. In the first half of this year, financing in the domestic semiconductor sector amounted to approximately 162.7 billion yuan, with AI computing being one of the key areas for funding. For reference, NIO's chip subsidiary Anhui Shenji completed its first round of financing of 2.257 billion yuan in February this year, with a post-investment valuation of nearly 10 billion yuan.

The collectibles trading platform CatchBack announced the completion of an $8 million seed round financing, led by Foundation Capital, with participation from Y Combinator, Robinhood Ventures, Coinbase Ventures, and Solana Foundation.CatchBack stated that it will use the funds to build products related to collectibles trading.

Deep Blue Aerospace recently announced the completion of its Series B6 and B7 financing rounds, with a total scale of nearly 2 billion yuan. This round of financing attracted industrial capital and professional institutions such as Wuxi High-tech Zone Investment Control Group, Yida Capital, Baotong Technology, and Hongrun Construction.The funds will be primarily directed towards the research and development and industrialization of the company's two major launch vehicle families. Deep Blue Aerospace will continue to advance the development of the medium-sized reusable liquid launch vehicle, Nebula One, and accelerate the in-depth research and development efforts for the large reusable liquid launch vehicle, Nebula Two.

Recently, the on-chain perpetual contract protocol Travix, which focuses on computing power asset trading, completed its seed round financing. The disclosed investor in this round is Amber Group, but the financing amount has not been disclosed. The funds will be used to accelerate the deep construction of perpetual contracts for computing power assets and exotic assets such as East Asian stocks, expand trading pairs for Compute-Led RWA like chips and storage, promote the development of the "Financial World Model," deepen the development and deployment of a trusted AI agent trading engine, and expand global markets and multilateral ecological construction as well as launch trading promotion incentive programs.It is reported that Travix is a new generation PerpDEX protocol built on a modular blockchain architecture, adopting a hybrid architecture of offline high-performance matching and on-chain settlement, achieving millisecond-level processing efficiency, and introducing a unified account management model. Its core directions include: perpetual contracts for computing power assets, supporting hardware asset trading such as H100 chips and storage; the Financial World Model, which transforms probabilistic events such as policy implementation and product launches into quantifiable event trading signals; and trusted AI agent trading, supporting users in deploying automated strategies through the Agent Engine.Travix claims that its goal is to achieve the integration of computing power assets, probabilistic trading, and trusted agents, creating a new generation of decentralized perpetual contract entry point where "trading is understanding the world."

The third-party AI inference infrastructure company, Silicon Flow, announced the completion of Phase II of its B+ round and C round financing. The company transforms computing power and models into directly callable Token services. By 2026, the cumulative equity financing amount has approached 2.9 billion yuan, and the amounts for these two rounds have not been disclosed.Based on the Token annual throughput in 2025, Silicon Flow ranks fourth among all Token suppliers in China, with a market share of 1.5%. The top three, Volcano Engine, Alibaba Cloud, and Baidu Smart Cloud, account for 42.7%, 32.5%, and 11.8% respectively, totaling about 87%. This round of investors includes the China Internet Investment Fund, Guoxin Fund, China Mobile Chain Long Fund, China Orient Asset International, as well as YaoTu Capital, Shengyi Capital, and Cathay Venture Capital continuing to invest.Silicon Flow's revenue in 2025 is projected to be 55.33 million yuan, with a net loss of 345 million yuan, and an overall gross margin of -24%. The company submitted its application to the Hong Kong Stock Exchange at the end of June and is currently applying for a main board listing under the 18C chapter "Uncommercialized Companies" rules. Beijing has just released the first provincial-level token economy special policy in the country, clearly proposing to build a "world-class token factory," and has listed inference engines, model and chip adaptation, and heterogeneous computing power as key directions.

According to the Science and Technology Innovation Board Daily, Shanghai-based embodied haptic company Qianjue Robotics has announced the completion of two rounds of strategic financing totaling hundreds of millions. Previously, Qianjue Robotics had announced the completion of financing at the hundred million level, with investors including embodied intelligence industry players, Tianji Capital, and Jide Electric. Currently, Qianjue's shareholders include financial investment institutions such as Hillhouse Venture Capital, Yuanhe Origin, and Futen Capital, as well as industry players in the embodied and industrial fields like Li Auto, Zhiyuan Robotics, and Jide Electric.This round of funding will focus on product upgrades, business expansion, and industrial implementation, accelerating the iteration and large-scale delivery of high-precision visual and haptic sensors, improving the collection of real interaction data, haptic simulation, and dataset construction, and continuously promoting the research and development of haptic embodied models and haptic world models.

According to official news, Matrix has completed a $6.5 million financing round, with participation from AC Capital, UZ Capital, and others.Matrix is an Unstoppable Execution Rollup built on top of BNB Chain L1. The project utilizes the Facet technology stack to reconstruct and deeply adapt the PoSA consensus, significantly enhancing ecological throughput capacity through an independent high-performance execution environment while fully inheriting BNB's ordering, data availability, and finality.

Layer1 public chain Linera team members announced on Discord that their token sale on Sonar received nearly $900,000 in token fundraising commitments, but did not reach the minimum threshold required to complete the sale, and all token sale funds have been refunded to users. The team then attempted to seek emergency financing to maintain project progress towards the mainnet launch but was unable to raise the necessary funds.Currently, the team is gradually shutting down applications and the Discord community. User point balances will be retained, but the team cannot promise any future rights for the points. The team still hopes to complete protocol development and launch applications in the future.According to the tokenized asset platform RootData, Linera has raised a total of $12 million in funding, with investors including a16z Crypto, GSR, Tribe Capital, Flow Traders, Laser Digital, and others.

The general AI computing power chip unicorn EVAS Intelligence announced the completion of a new round of financing, amounting to nearly 2 billion yuan, with a post-investment valuation estimated to be close to 15 billion yuan.This round of financing brought together over 20 investment institutions, including Huatai Innovation, Zhongding Capital, SMIC Juyuan, Jiuan Medical, Renai Capital, Tongfu Microelectronics, Saiyi Industrial Fund, Heli Capital, Xinxin Leasing, Hengxu Capital, Shangqi Capital, Jiangguang Zhanlu, and Rongyi Capital. EVAS Intelligence mainly provides efficient and scalable AI computing acceleration solutions, promoting the widespread application of AI technology across various industries.

According to CoinDesk, XRP treasury management company Evernorth has raised $30 million through the issuance of convertible bonds, with investment from South Korean institutional investor NH Investment & Securities.This financing is contingent upon the successful merger of Evernorth with a SPAC, and the raised funds will be used to purchase XRP spot in advance before its listing on Nasdaq. After the merger is completed, the company plans to list under the code "XRPN" on Nasdaq.

Stablecoin payment company dtcpay announced that it has received strategic investment from Japanese financial giant SBI Group, with the total amount of Series A financing expanding to 25 million USD. This round was led by Vertex Ventures, a subsidiary of Temasek, in April, with follow-on investment from Genedant Capital, which manages over 2 billion USD in assets, and continued support from Guo Liangde, the founder of Capella Hotel Group. SBI Group stated that this investment marks the beginning of a strategic partnership between the two parties, aiming to jointly expand the digital asset corridor between Japan and Southeast Asia.dtcpay is an official member of Visa and has issued a compliant stablecoin Visa card; its licensed operations cover regions such as Singapore, Hong Kong, Luxembourg, Australia, the United States, and Canada, and it continues to expand, providing compliant infrastructure for global stablecoin payments.

Asset-backed financial infrastructure project Tenka announced the completion of a $2 million Pre-Seed round of financing, led by Maven11 Capital, with participation from Gami Capital.The funds from this round will be used to build market infrastructure for asset-backed finance, covering everything from bookkeeping to secondary trading.

According to EU-Startups, the German real estate technology startup syte has completed a €9 million Series A funding round, led by amberra, with NRW.BANK participating as a new investor.The funds from this round are planned to be used to expand its land and real estate AI analysis platform's business in Europe.

According to PR Newswire, AI-native data loss prevention (DLP) security company MIND announced the completion of a $72 million Series B financing round, led by Crosspoint Capital Partners, with existing investors YL Ventures and Paladin Capital Group participating. To date, the company has raised a total of $112 million.MIND revealed that it has joined the Anthropic Cyber Verification Program and has obtained ISO/IEC 42001 certification. The company plans to use this round of funding to accelerate the development of its AI-native DLP platform, expand its enterprise market, deepen technology and channel partnerships, and grow its team size.

According to Bloomberg, the UK AI startup Emulate, founded by former Google DeepMind researchers, is in talks for a $700 million seed funding round.

According to Bloomberg, the stablecoin issuer Tether has become an important lender of gold. As of the end of June, the financing provided by Tether to the U.S. gold trading platform Gold.com accounted for most of its $1.7 billion in outstanding precious metal leases.Gold.com’s payables and advance payments to Tether totaled $1.45 billion. Tether invested in this platform earlier this year.

According to Fortune magazine, the blockchain private credit management platform Tare has completed a $13.25 million seed round financing, led by Blockchain Capital, with participation from Janus Henderson, Strobe Ventures, the Venture Dept, Neoclassic Capital, and the Avalanche Foundation. Individual investors include Aave CEO Stani Kulechov, Tether co-founder Phil Potter, and Privy CEO Henri Stern.The funds will be used to build and expand loan management software, hire staff, and obtain the necessary licenses for its loan department Tare Credit LLC to operate nationwide.Tare was co-founded by Kevin Miao, Keerthi Moudgal, and Lucas Vogelsang, and plans to build software on the Avalanche blockchain to create digital records for loans and automate the management of related administrative tasks. Miao stated that the difference between the interest paid by borrowers and the returns received by investors is often absorbed by intermediaries, and the blockchain system can automate operational tasks and eliminate additional costs.

According to Fortune magazine, the American enterprise AI startup Arcee AI has completed a $150 million Series B funding round, with a pre-money valuation of $1 billion. This round was led by Vista Equity Partners, Cambium Capital, and Emergence Capital, with participation from Microsoft's M12, AI10 Ventures, Hitachi, IAG, P7, and Wipro.Arcee did not disclose the specific amount, but insiders say it is at least $150 million. Founded in 2023, Arcee initially focused on fine-tuning and optimizing existing models, later shifting to building open-weight models from scratch. Its founder, Mark McQuade, was an early employee at Hugging Face. The funds will be used to develop new open-weight models and products, expand collaboration with the U.S. Department of Energy, and work with Vista's portfolio companies.

According to EU-Startups, Berlin-based AI service company Integral announced the completion of a €18 million Series A funding round, co-led by Mosaic Ventures and Reid Hoffman, with follow-on investments from Cherry Ventures, General Catalyst, and Puzzle Ventures. Since its establishment in 2024, the company has raised over €30 million in total funding.Integral focuses on providing AI-driven accounting, tax, and payroll services for small and medium-sized enterprises. It uses AI agents to handle tasks such as invoice reconciliation, bookkeeping, payroll calculation, and tax filing, with each document reviewed and signed by licensed professionals. Currently, over 50% of clients have achieved full automation of their accounting processes, reducing the monthly accounting cycle from several weeks to just a few hours.