[New Fundraising] Decentralized stablecoin protocol Avant raises $6.5 million in seed funding

Avant is a DeFi platform established in June 2024 with the mission to create a more inclusive financial system through a DeFi-powered stable-value token. The platform introduces avUSD, a stable-value token, and savUSD, its staked, yield-bearing counterpart.

More about Avant:
https://www.rootdata.com/Projects/detail/Avant?k=MTUxODY%3D

Source:
https://www.theblock.co/post/328512/avant-protocol-ethena-like-seed-funding

[New Fundraising] Binance Labs Invests in Astherus to Maximize the Real Yield of Assets for DeFi Users

Astherus is a multi-asset liquidity hub dedicated to maximizing the real yield of crypto assets. By enhancing the utility of digital assets, Astherus empowers decentralized finance (DeFi) users with diverse opportunities to achieve sustainable profits and maximize returns.

More about Astherus: https://www.rootdata.com/Projects/detail/Astherus?k=MTM1MzQ%3D

Source:
https://x.com/BinanceLabs/status/1862134457433755872

[New Fundraising] Bleap raised $2.3 million in a pre-seed funding round led by Ethereal Ventures to launch a self-custodial stablecoin payments app

Bleap is a wallet-connected debit card. With the Bleap card, users can spend their funds directly from any EVM non-custodial wallet without the hassle of off-ramping or locking/transferring their on-chain balance.

More about Bleap: https://www.rootdata.com/Projects/detail/Bleap?k=MTM4NjM%3D

Source:
https://www.theblock.co/post/328467/ex-revolut-duo-raise-2-3-million-usd-blockchain-bank-account-bleap

Hot projects on X recently

Weekly Hot Projects🔥 (Nov.25- Dec.1)

📈 Hey #CryptoFam! 🚀 We've just updated our weekly #CryptoTrends ranking list, based on your #RootData searches. 💻

🎯Top 5 winner is Hyperliquid, Thena, Movement, Virtuals Protocol and FLock.

Keep up with the hottest buzz in the industry and stay ahead of the trends. Don't miss out - check it out! 👇

https://rootdata.com

Tokens that recently completed TGE: https://www.rootdata.com/Market?type=3

[New Fundraising] LSP.Finance Secures $1M Pre-Seed Funding to Revolutionize Blockchain Pre-Trading and Liquid Staking Solutions

LSP is a user-centric digital asset management platform transforming DeFi by unlocking liquidity from PoS networks , early-stage alphas , and high-yield projects. By prioritizing accessibility and innovation, LSP creates a thriving blockchain ecosystem, offering an all-in-one platform that allows users to achieve high liquidity.

More about LSP.Finance: https://www.rootdata.com/Projects/detail/LSP.Finance?k=MTQwNjc%3D

Source:
https://www.theblock.co/post/329028/lsp-finance-secures-1m-pre-seed-funding-to-revolutionize-blockchain-pre-trading-and-liquid-staking-solutions

[New Fundraising] Brighty secures USD 10 million in funding from Futurecraft Ventures

Brighty is an all-in-one app that combines digital and crypto banking. Save, send, spend, and earn at up to 10% per year on your stablecoins, paid daily. Brighty is committed to enabling individuals to buy cryptocurrencies and access the crypto economy more securely.

More about Brighty: https://www.rootdata.com/Projects/detail/Brighty?k=MTUyOTQ%3D

Source:
https://thepaypers.com/cryptocurrencies/brighty-secures-usd-10-million-in-funding-from-futurecraft-ventures--1271223

[New Fundraising] BLIFE Protocol has raised $7M to shape Bitcoin's future by bringing Culture to the forefront and build the ultimate hub for your life on Bitcoin.

BLIFE's vision is to lead the adoption and growth of Web3 on Bitcoin, utilizing $BLIFE to revolutionize the ordinals and Bitcoin fungible tokens ecosystem from being niche and complex to valuable and accessible. This vision spans DEFI, gaming, entertainment, and education, with $BLIFE as a key governance token.

More about Brighty: https://www.rootdata.com/Projects/detail/BLIFE%20Protocol?k=MTUyOTU%3D

Source:
https://x.com/BLIFEProtocol/status/1863570033366151538

[New Fundraising] OpenPad AI raised $2 million in financing, led by Basics Capital

OpenPad is a decentralized investment platform tailored for web3 protocols, providing a comprehensive solution for capital infusion, liquidity support, and community engagement.

More about OpenPad:
https://www.rootdata.com/Projects/detail/OpenPad?k=ODMwNA%3D%3D

Source:
https://www.globenewswire.com/news-release/2024/12/02/2990002/0/en/OpenPad-AI-Raises-2M-To-Transform-Web3-Investments-With-Decentralized-AI-Analytics.html

Hot Crypto Figures on X in the Past 3 Days: https://www.rootdata.com/people

[New Fundraising] Union Labs, a Connector of Blockchains, Raises $14M in Series A Round

Union is a yper-efficient interoperability protocol connects all blockchains and rollups, across any ecosystem.

More about Union: https://www.rootdata.com/Projects/detail/Union?k=MTAxMjY%3D

Source:
https://www.coindesk.com/tech/2024/12/02/union-labs-a-connector-of-blockchains-raises-usd14m-in-series-a-round

[New Fundraising] Crypto-AI startup GAIB raises $5 million in pre-seed funding

GAIB is the economic layer for AI and computing power. GAIB creates a new asset class that allows anyone to directly invest in AI, GPU, and computing power markets. It enables true AiFi, GPU tokenization, GPU-backed stablecoins, derivatives, and more.

More about GAIB: https://www.rootdata.com/Projects/detail/GAIB?k=MTQ3MjE%3D

Source:
https://www.theblock.co/post/329306/crypto-ai-startup-gaib-funding

[New Fundraising] DeFi.app raises $2 million seed round at $100 million token valuation

DeFi.app aims to simplify DeFi trading while maintaining full self-custody of crypto assets. Through DeFi.app, users can buy tokens on any blockchain, perform "instant, one-click" cross-chain swaps, access decentralized derivatives markets and yield opportunities — all without gas fees or the need for bridges — Greer said. The platform uses "full-chain abstraction" to eliminate gas fees, employs passkeys and biometrics for security and requires no know-your-customer (KYC) checks.

More about DeFi.app: https://www.rootdata.com/Projects/detail/DeFi.app?k=MTUzMjY%3D

Source: https://www.theblock.co/post/329504/defi-app-funding-token-valuation

[New Fundraising] Fiamma announces $4M seed round led by Lightspeed Faction and L2 Iterative Ventures

Fiamma is a verification network that specializes in zero-knowledge (ZK) proofs, striving to provide a secure, decentralized, and economically efficient solution for universal blockchain integration. At its heart, Fiamma is engineered to leverage the robust cryptoeconomic and network security value of Bitcoin via the integration with Babylon and implementation of BitVM2. This combination enables Fiamma to introduce ZK capabilities into the Bitcoin ecosystem and secure ZK use cases in Ethereum and beyond, enhancing the scope and effectiveness of ZK technology.

More about Fiamma: https://www.rootdata.com/Projects/detail/Fiamma?k=MTMzNzE%3D

Source: https://cointelegraph.com/press-releases/fiamma-announces-4m-seed-round-led-by-lightspeed-faction-and-l2-iterative-ventures

[New Fundraising] Story Protocol-based AI startup Sekai raises $3 million in seed round led by Hashed

Sekai is a platform for creating, sharing and monetizing interactive narratives, in partnership with Story Protocol. When users create stories or story assets, they are not just telling a story, they are triggering a creative chain reaction.

More about Sekai: https://www.rootdata.com/Projects/detail/Sekai?k=MTQzMzk%3D

Source:
https://www.theblock.co/post/329456/story-protocol-based-ai-startup-sekai-raises-3-million-in-seed-round-led-by-hashed

[New Fundraising] Holyheld Raises Funding to Launch Blockchain Reconciliation and Remittance Record

Holyheld is a Web3 debit card for a non-custodial wallet. It creates smart contract logic that can be used across blockchains and is standardized to settle for fiat currency. It eliminates a large part of the current payment process. Cryptocurrency is exchanged for fiat currency, which can then be used through conventional spending methods, such as Mastercard.

More about Holyheld: https://www.rootdata.com/Projects/detail/Holyheld?k=NzU0NQ%3D%3D

Source:
https://decrypt.co/295036/holyheld-raises-funding-to-launch-blockchain-reconciliation-and-remittance-record

[New Fundraising] Lending protocol Suilend raised $4M financing, led by Robot Ventures

Suilend is an autonomous lending and borrowing platform on Sui.The project had previously raised $2 million in February this year.

More about Suilend:
https://www.rootdata.com/Projects/detail/Suilend?k=MTA2OTM%3D

Source:
https://x.com/suilendprotocol/status/1864723110420975875

[New Fundraising] Spexi Secures $11.5M Series A to Expand Ultra-High-Resolution Drone Imagery Network

Spexigon is a proof-of-physical-work platform for drone imagery, where drone owners can earn crypto by capturing imagery in a fly-to-earn rewards system. Once the algorithm verifies the images, they are moved into the marketplace for businesses and developers to consume, and pilots are rewarded with tokens.

More about Spexi: https://www.rootdata.com/Projects/detail/Spexi?k=NDU1MQ%3D%3D

Source: https://dronelife.com/2024/12/05/spexi-secures-11-5m-series-a-to-expand-ultra-high-resolution-drone-imagery-network/

Weekly Hot Projects🔥 (Dec.2- Dec.8)

📈 Hey #CryptoFam! 🚀 We've just updated our weekly #CryptoTrends ranking list, based on your #RootData searches. 💻

🎯Top 5 winner is Movement, XION, Balance, Usual and Hyperliquid.

Keep up with the hottest buzz in the industry and stay ahead of the trends. Don't miss out - check it out! 👇

https://rootdata.com