[New Fundraising] Hyperbolic raised $12 million Series A funding round led by Variant and Polychain

Hyperbolic is building an AI cloud to enable open access to AI. It also launched the decentralized orchestration layer Hyper-dOS (Hyperbolic Distributed Operating System), providing solid technical support for the entire GPU market.Hyperbolic plans to launch its own blockchain next year.

More about Hyperbolic:
https://www.rootdata.com/Projects/detail/Hyperbolic%20Labs?k=MTE1MDk%3D

Source:
https://coinness.com/community/opinion/7199

[New Fundraising] Klickl raised $25 million Series A financing, led by Aptos Labs and Web3Port Foundation

Klickl is a global virtual asset service provider, providing spot, futures trading, legal currency OTC, B2B institutional solutions, payment, wallet, custody, wealth management and other services.

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

Source:
https://chainwire.org/2024/12/10/klickl-international-completes-25-million-series-a-funding-round-achieves-125-million-valuation/

[New M&A] Interchain Foundation Acquires Blockchain Solutions Provider Skip to Reignite Cosmos: the interchain

Skip Protocol is building tools for sovereign communities. Skip:Go API empowers developers to build sovereign software, providing all the infrastructure required for cross-chain control flow and simple abstractions to drive complex multi-domain interactions. Skip:Connect is a native oracle system that allows your chain to stream on-chain and off-chain data in realtime.

More about Skip: https://www.rootdata.com/Projects/detail/Skip%20Protocol?k=Mjg1Mw%3D%3D

Source: https://chainwire.org/2024/12/10/interchain-foundation-acquires-blockchain-solutions-provider-skip-to-reignite-cosmos-the-interchain/

[New Fundraising] Neptune Protocol raised $ 3.9 M in Seed round

Neptune is a decentralized borrowing protocol that enables users to take out interest free loans leveraging the most popular assets available on Eclipse as collateral. Loans on deposited collateral are issued in USDN which can be utilized within Eclipse's DeFi ecosystem or deposited back into Neptune to earn yield.

More about Neptune: https://www.rootdata.com/Projects/detail/Neptune%20Protocol?k=MTU0MjE%3D

Source: https://x.com/Neptune_Stable/status/1866487539819061365

[New Fundraising] Perena completed a pre-seed round to build the foundations for the next era of money

Perena is building stablecoin infrastructure paving the way for a more efficient, accessible, and equitable financial system. Users can enjoy guaranteed redemption and diversified risk-free yield from cash equivalent assets issued by regulated entities.

More about Neptune: https://www.rootdata.com/Projects/detail/Perena?k=MTQyNTk%3D

Source: https://x.com/Perena__/status/1866847687955583455

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

[New Fundraising] Peak XV and HongShan have co-led a $10 million seed investment in KAST

KAST is a cryptocurrency card for stablecoin and cryptocurrency spending, designed for individuals who want to save, earn and spend on-chain.

More about KAST: https://www.rootdata.com/Projects/detail/KAST?k=MTQ0OTI%3D

Source: https://techcrunch.com/2024/12/11/kast-stablecoin-neobank-hongshan-peak-xv/

[New Fundraising] Haun Ventures and Dragonfly Capital have co-led a $9 million funding round for Commonware

Commonware is building an open, Rust-based blockchain framework architected for excessive throughput, tractable modification, and embedded interoperability. Like the Cosmos-SDK, the Commonware Framework will enable a developer to launch their own blockchain.

More about Commonware: https://www.rootdata.com/Projects/detail/commonware?k=MTM5MjE%3D

Source: https://www.theblock.co/post/330443/former-ava-labs-engineering-lead-raises-9-million-to-build-anti-framework-blockchain-developer-tools

[New Fundraising] Spicenet raised $ 3.4 M in Seed round

Spicenet is a unified and composable liquidity layer presenting permissionless liquidity ready upon launch of an application. Each application built to Spicenet causes a snowballing effect that grows liquidity further rather than fragmenting it.

More about Spicenet: https://www.rootdata.com/Projects/detail/Spicenet?k=MTM4MjY%3D

Source: https://x.com/spicenetio/status/1866846707696206112

[New Fundraising] Cross-border crypto payments company Sphere raises $5 million from Coinbase and Kraken

Sphere is the payments infrastructure paving the way for merchants from under-addressed emerging markets to access cost-effective, secure, and near instant cross-border payments via stablecoins. Through beautiful and accessible graphic user interfaces (GUIs), Sphere orchestrates blockchains, custodial infrastructure, and financial service providers to make stablecoin payments accessible.

More about Sphere: https://www.rootdata.com/Projects/detail/Sphere?k=MTE2MDY%3D

Source: https://fortune.com/crypto/2024/12/11/sphere-crypto-fundraising-round-cross-border-payment-stablecoin-coinbase-kraken/

[New Fundraising] Avalanche raises $250 million locked token sale led by Galaxy Digital, Dragonfly and ParaFi Capital

Avalanche is a platform created by Ava Labs for creating custom blockchain networks and decentralized applications (dApps). It claims great scalability, with a high transaction throughput (TPS) of 4500 transactions per second. Its novel consensus protocol, Subnet infrastructure, and HyperSDK toolkit enable Web3 developers to easily launch powerful, custom blockchain solutions.

More about Avalanche: https://www.rootdata.com/Projects/detail/Avalanche?k=MjUw

Source: https://www.coindesk.com/business/2024/12/12/avalanche-raises-250-m-amid-major-overhaul-of-layer-1-blockchain

[New Fundraising] Superform Raises $3M to Launch SuperVaults, Intelligent Onchain High-Yield Products, Led by VanEck Ventures

Superform is a non-custodial yield marketplace that aggregates vaults, routes assets, and executes transactions across EVM domains. It also acts as an instant distribution platform for ERC-4626 vaults. Superform enables users to access yield opportunities from the chain of their choice in a single transaction, allowing them to deposit or withdraw from any vault listed in the Superform protocol using any asset (with sufficient DEX liquidity) they hold.

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

Source: https://chainwire.org/2024/12/12/superform-raises-3m-to-launch-supervaults-intelligent-onchain-high-yield-products-led-by-vaneck-ventures/

[New Fundraising] Fantasy.top announces V2 and $4.25 million seed funding from Dragonfly and Manifold Ventures

Fantasy is a SocialFi Trading Card Game (TCG) where players can use trading cards of crypto Twitter influencers to play in an online game, allowing them to monetize their social capital and research expertise.

More about Fantasy: https://www.rootdata.com/Projects/detail/fantasy.top?k=MTE1MzU%3D

Source: https://www.theblock.co/post/329948/fantasy-v2-dragonfly-manifold-ventures

Crypto market gainers in the past 24 hours

Explore more: https://www.rootdata.com/Market?orderBy=2&orderType=2&minFdv=50000000

[New Fundraising] MegaETH raised $10 million via Cobie’s Echo platform

MegaETH is building ultra high-throughput & low-latency EVM-compatible L2s. Accelerating the scalability endgame of Ethereum.

More about MegaETH: https://www.rootdata.com/Projects/detail/MegaETH?k=MTA5NjQ%3D

Source: https://www.theblock.co/post/330804/megaeth-funding-cobie-echo

[New Fundraising] Yei Finance Secures $2M Seed Funding to Revolutionize Omnichain Modular Lending

Yei Finance is a Money Market on Sei Network. With wide asset coverage, a comprehensive risk framework, and meticulous token onboarding, Yei Finance offers a buffet of investment opportunities.

More about Yei Finance: https://www.rootdata.com/Projects/detail/Yei%20Finance?k=MTMwNTY%3D

Source: https://medium.com/@yei.finance/yei-finance-secures-2m-seed-funding-to-revolutionize-omnichain-modular-lending-67ecf844885c

Top gainers this week: https://www.rootdata.com/Market?orderBy=3&orderType=2&minMc=50000000

Recent popular figures on Crypto X: https://www.rootdata.com/people

Weekly Hot Projects🔥 (Dec.9 - Dec.15)

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

🎯Top 5 winner is Movement, vana, Fuel, Nexus and Magic Eden.

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