ChainCatcher news, financial solutions company ABD Systems has secured a $20 million token investment commitment from Rollman Management Digital (RMD) to further develop its technology and business.ABD Systems has launched the ABDS token, an Ethereum-based cryptocurrency designed to transform the digital finance space by providing a secure, transparent, and accessible platform for global users.ABD Systems leverages blockchain innovation to create scalable, secure, and user-friendly financial solutions. ABD Systems is committed to bridging the gap between blockchain technology and everyday financial needs, setting new standards for cryptocurrency adoption.

ChainCatcher news, the Web3 social protocol Candao has secured a $25 million investment commitment from Rollman Management Digital (RMD) to further develop its technology and business.Candao combines decentralized social networks with Web3 tools, allowing users to earn rewards, collaborate, and co-create within a community-driven ecosystem. Through its multi-role marketplace, Candao has introduced a groundbreaking Real World Assets as a Service (RWAaaS) approach. Candao has enabled the tokenization and seamless exchange of assets such as intellectual property, real estate, fandom, and personal skills, ushering in a new era of decentralized collaboration and growth.RMD is led by Victor R. Ch. Rollman, the founder of Rollman Capital, Rollman Mining, and Rollman Management. The group provides a wide range of investment opportunities, financial services, and management consulting services for ultra-high-net-worth individuals, entrepreneurs, governments in developing countries, commodity trading companies, banks, family offices, and pension funds.

ChainCatcher news, the decentralized hedge fund and decentralized autonomous organization NFA Labs has recently partnered with the investment fund and asset management company Quantix Capital. As part of the partnership, Quantix Capital has committed to investing $10 million in NFA Labs to develop its ecosystem.It is reported that NFA Labs utilizes AI to develop advanced trading strategies, creating a transparent, educational, and community-centered platform by combining training and trading components. The platform aims to enhance the professionalism and security of DeFi and promote its global adoption.

ChainCatcher news, according to Chainwire, the DEX project Hercules has announced a $1 million investment commitment from Ethereum Layer 2 Metis.It is reported that as an efficient and composable DEX and launchpad, Hercules is a fundamental part of the Metis ecosystem, and the new funds will be used to support project deployment, product development of existing dApps, and more.

ChainCatcher news, according to Bloomberg citing informed sources, Musk's artificial intelligence project xAI has secured a $500 million investment commitment, aiming for a total financing amount of $1 billion, with this round of financing valued at least at $15 billion. Terms may still change in the coming weeks. Investors from the former Twitter company X have received priority investment in this round.

ChainCatcher news, according to CoinDesk, Nym Technologies' Nym Innovation Fund has received over $300 million in investment commitments from investors such as Polychain, KR1, Huobi Incubator, and Eden Block. The fund will provide funding for cryptocurrency builders, developers, and communities, with a focus on privacy.

ChainCatcher news, Yves La Rose, founder and CEO of the EOS Network Foundation (ENF), announced on Twitter that the ENF is preparing to sue its main investor Block.one (B1) for "failing to honor the $1 billion investment commitment." La Rose stated that Block.one is working to resolve another class action lawsuit for $22 million, after the company rejected a proposal to settle for $27.5 million with the main plaintiff Crypto Assets Opportunity.According to La Rose, the class action lawsuit in the U.S. has been ongoing since 2017 and is still in the process of resolution. Those wishing to join the latest lawsuit initiated by the ENF must first opt out of the existing lawsuit. The deadline to file a claim or opt out of the U.S. class action lawsuit is August 23, 2023. (source link)

ChainCatcher news, the blockchain solution for IoT services. Kalima announced a $10 million investment commitment from ABO Digital, which will be used to support the development and growth of the project.

ChainCatcher news, Adventure Gold (AGLD) announced that the crypto market maker DWF Labs has committed to supporting the AGLD ecosystem, with the upcoming launch of the Loot chain, and has pledged to purchase millions of dollars worth of AGLD Tokens. (Source link)

ChainCatcher news, EOS Network Foundation founder and CEO Yves La Rose published an open letter aimed at taking measures to ensure Block.one (B1) fulfills its investment commitment to the EOS network (in 2018, Block.One promised to invest $1 billion in the EOS network).It is reported that two possible options are: option one is to take legal action against Block.one for failing to fulfill its investment commitment. If enough token holders are interested in filing legal claims, the EOS Network Foundation is prepared to assist in gathering EOS token holders together to make claims against Block.one; option two is a hard fork, where block producers may consider a hard fork to exclude the tokens owned by Block.one, including those held by its cryptocurrency exchange Bullish. (source link)

ChainCatcher news, Bankless co-founder David Hoffman stated that the $35 million Bankless Ventures has secured 75% of its investment commitments, with LPs including a16z founding partner Marc Andreessen, a16z Crypto founder Chris Dixon, Ethereum Foundation researcher Dankrad Feist, Polygon co-founder Sandeep Nailwal, NGC, and others, aiming to close funding by the end of May.ChainCatcher previously reported that in early March, Bankless podcast hosts David Hoffman and Ryan Sean Adams planned to raise $35 million for their venture capital fund Bankless Ventures to invest in seed-stage Web3 companies. (source link)

ChainCatcher news, Indian early-stage venture fund pi Ventures announced that it has secured an investment commitment of 1 billion Indian Rupees (approximately 12 million USD) from the startup fund (FFS) managed by the Small Industries Development Bank of India (SIDBI). The fund has also received support from investors such as BII, Nippon India Digital Innovation AIF (NIDIA), Accel, Colruyt, as well as Binny Bansal and Varun Alagh. Pi Ventures announced that it will use this funding to invest in startups focused on deep technologies across industries, including artificial intelligence and blockchain.Currently, pi Ventures' portfolio in the crypto and blockchain sector includes Web3 cybersecurity company Silence Laboratories, industrial technology company SwitchOn, and blockchain B2B currency supply chain management platform OweMe, among others. (source link)

ChainCatcher news, the AI-driven metaverse project Sensorium announced that the Web3 venture capital firm and digital asset market maker DWF Labs has committed to purchasing $2.5 million worth of Sensorium's native token SENSO. Sensorium is dedicated to social interaction and blockchain gaming projects Starship and UNDER, which are set to launch in the first half of 2024.It is reported that Sensorium is currently developing a web-based parallel platform where companies, external developers, and content creators will be able to publish virtual worlds and experiences that seamlessly integrate with Web3 native features powered by SENSO, including NFT minting, marketplace operations, AI integration, digital assets, and VR and AR modes of blockchain gaming mechanics. (source link)

ChainCatcher news, according to Bloomberg, Hong Kong's ProDigital Future Fund plans to raise $100 million this year to invest in digital asset startups. The fund is led by Ben Ng, a partner at Asian private equity firm SAIF Partners, and long-time tech investor Curt Shi. It has already secured at least $30 million in funding commitments, with participants in the first round of fundraising including Sunwah Kingsway Capital Holdings Ltd. and Golin International Group Ltd.So far, the fund has invested in six digital asset projects, including Hong Kong-based metaverse company GigaSpace and Australia-based digital sports club One Future Football. (Source link)

ChainCatcher news, former Moobirds COO Ryan Carson responded to Twitter users questioning "the previous 21 individuals' investments being below the minimum requirement of $160,000," stating, "current investors are each committing to invest between $10,000 and $160,000, providing several friends with the opportunity to invest $10,000." Additionally, the previously published tweet of the investor list will be deleted.Earlier, ChainCatcher reported that the crypto community questioned the transparency of the initial investor list for Ryan Carson's new Web3 project "Flux," and several investors announced their withdrawal from the "Flux" investment. (source link)

ChainCatcher news, the crypto lending platform Celsius is attempting to recover over $6 million from the $8 million investment commitment made by venture capital firm Fabric Ventures. According to a court document filed on Tuesday, Fabric was set to invest over $8 million in Celsius's Series B funding round, in three installments. Celsius stated that it completed its extended Series B funding round in November 2021, raising $400 million to a total of $750 million at a valuation of $3.25 billion.According to the timeline agreed upon last April, Fabric made the first payment of $2 million in May. Subsequent payments were supposed to be $2 million in June and $4 million in July. The arrangement did not go as planned. Celsius filed for bankruptcy in July, and recent court documents show that Celsius's liabilities exceed $6.7 billion, while its assets are valued at only around $3.9 billion, resulting in a $2.8 billion gap on its balance sheet. The newly submitted court documents state: "This lawsuit seeks recovery of the amounts of two unpaid installments, namely $6,003,379, plus interest, fees, and other relief as set forth below." (source link)

ChainCatcher news, according to Bloomberg, cryptocurrency financial services company Matrixport plans to raise $100 million at a valuation of $1.5 billion. Insiders say the company has secured a $50 million investment commitment from a major investor. This deal has not yet been "finalized," and Matrixport is still seeking other investors.Previously reported, the BTC fixed income products (including BTC fixed income products and Smart Trend products linked to BTC fixed income products) under the digital asset financial services platform Matrixport, as well as the Victoria BTC fund products, were affected by the FTX incident, resulting in losses for a total of 79 clients. Matrixport's PR head Ross Gan stated that Matrixport will continue to operate normally and that the company is not at risk of bankruptcy. (source link)

ChainCatcher news, according to a report by The Block citing two sources, the crypto startup AptosLaunch has raised $1.8 million through a protocol involving the future native token ALT (SAFT) and has secured over $18 million in investment commitments. AptosLaunch declined to comment on this.It is reported that AptosLaunch was established in September, aiming to help Aptos ecosystem projects launch tokens. The startup will also provide staking services and support NFT projects. (source link)

According to Chain Catcher news and Yahoo Finance, blockchain technology provider XDC Network announced that it has secured a total investment commitment of $50 million from alternative investment group LDA Capital Limited to accelerate the expansion and development of Layer 2 projects within the XDC ecosystem, promote network adoption, and enhance practical utility in the real world.It is reported that the XDC Network, launched in 2019, is a "carbon-neutral" enterprise-grade hybrid blockchain compatible with EVM (Ethereum Virtual Machine), which meets the growing demand from global financial institutions, retail users, and entrepreneurs for fast, secure, and decentralized network products through the use of XDPoS technology. (Yahoo Finance)