[New Fundraising] Crypto startup BVNK raises $50 million at around $750 million valuation amid red-hot stablecoin interest

BVNK provides banking services and payments for crypto-native enterprises. Companies using BVNK can accept payments in fiat currency and cryptocurrency, hold hundreds of different currencies and crypto assets, and send funds worldwide.

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

Source: https://fortune.com/crypto/2024/12/17/exclusive-stablecoin-bvnk-750-million-series-b-bridge-stripe-haun/

[New Fundraising] RWA-Focused Network Plume Raises $20M from Brevan Howard and Others Ahead of Mainnet Launch

Plume is a fully integrated and modular chain focused on RWAfi. They have built the first modular and composable RWA-focused EVM-compatible chain designed to simplify onboarding for all types of assets and streamline capital onboarding through native infrastructure and RWAfi-specific features unified chain-wide. Plume is enabling a composable ecosystem of DeFi built around RWAfis with an integrated end-to-end tokenization engine and a network of financial infrastructure partners for builders to plug and play.

More about Plume: https://www.rootdata.com/Projects/detail/Plume%20Network?k=MTA0ODA%3D

Source: https://www.coindesk.com/business/2024/12/18/rwa-focused-network-plume-raises-20-m-from-brevan-howard-and-others-ahead-of-mainnet-launch

[New Fundraising] Silencio Network Secures an Additional $2.5 Million in Seed Funding to Scale the World’s Leading Noise Intelligence Platform

Silencio is a global network that measure noise pollution. User will get rewarded for measuring noise pollution with phone.

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

Source: https://cryptopotato.com/silencio-network-secures-an-additional-2-5-million-in-seed-funding-to-scale-the-worlds-leading-noise-intelligence-platform/

[New Fundraising] Lens secures a $31 million funding round led by Lightspeed Faction

Lens Protocol is a Web3 social graph designed to empower creators to own the links between themselves and their community, forming a fully composable, user-owned social graph. The protocol is built from the ground up with modularity in mind, allowing new features and fixes to be added while ensuring immutable user-owned content and social relationships.

More about Lens: https://www.rootdata.com/Projects/detail/Lens%20Protocol?k=MjA3Nw%3D%3D

Source: https://techcrunch.com/2024/12/18/aave-protocol-developer-secures-31-million-for-lens-its-high-performance-blockchain-for-social-apps/

[New Fundraising] Masa Secures New Funding From DCG to Expand Real-Time Data Network and Launch AI Agent Arena on Bittensor

Masa Network is a decentralized network focused on users’ personal data. The goal is to create a data platform that allows users to contribute personal data and get paid in the form of Masa’s native token. Developers will be able to access this data for training AI models and creating applications while protecting user privacy.

More about Masa: https://www.rootdata.com/Projects/detail/Masa?k=MzA0MQ%3D%3D

Source: https://chainwire.org/2024/12/18/masa-secures-new-funding-from-dcg-to-expand-real-time-data-network-and-launch-ai-agent-arena-on-bittensor/

[New Fundraising] Dtravel Gains Strategic Support from Modular Capital and EV3 to Scale Decentralized Vacation Rentals

Dtravel is a native Web3 travel ecosystem that provides property hosts and hospitality entrepreneurs with the infrastructure to accept on-chain bookings. This new Web3 ecosystem combines the freedom of direct booking sites with the simplicity of online travel agencies, offering unparalleled ownership and control over the entire booking process.

More about Dtravel: https://www.rootdata.com/Projects/detail/Dtravel?k=MTk4Ng%3D%3D

Source: https://chainwire.org/2024/12/18/dtravel-gains-strategic-support-from-modular-capital-and-ev3-to-scale-decentralized-vacation-rentals/

[New Fundraising] Crypto-AI startup Fraction AI raises $6 million in pre-seed funding

Fraction AI is an AI Web3 platform that provides domain-specialized labeled data for all steps of training AI models, including text, images, audio, and video for a variety of AI applications. It sources data through our decentralized marketplace to ensure optimal free market prices.

More about Fraction AI: https://www.rootdata.com/Projects/detail/Fraction%20AI?k=MTIzMjA%3D

Source: https://www.theblock.co/post/331488/crypto-ai-startup-fraction-funding

[New Fundraising] FLock.io Secures $3 Million Funding to Accelerate Decentralized AI Innovation

FLock.io aims to build a decentralized, privacy-preserving solution for Artificial Intelligence. It has proposed a research initiative called Federated Learning Blocks (FLocks for short), which uses blockchain as a coordination platform among data holders to conduct Machine Learning while keeping data local and private. By replacing the central entity that collects data and organizes machine learning with blockchain, FLocks aims to empower users to mine insights from their own data and monetize at their own discretion.

More about FLock: https://www.rootdata.com/Projects/detail/FLock?k=NjM4MA%3D%3D

Source: https://www.flock.io/blog/flockio--secures-3-million-funding-to-accelerate-decentralized-ai-innovation

[New Fundraising] Kettle has raised $4M to build the RWA platform bringing crypto rails to the masses

Kettle is a peer-to-peer marketplace that empowers users to trade on the full financial value of luxury watches. With Kettle, watch collectors gain unparalleled access to the global, 24/7 watch economy. Every watch on Kettle is fully insured, authenticated, and stored in the Kettle Vault in New York.

More about Kettle: https://www.rootdata.com/Projects/detail/Kettle%20Finance?k=MTI0NjI%3D

Source: https://x.com/kettle_shop/status/1869762566529892400

[New Fundraising] TON Ecosystem L2 Project DuckChain Raised $5 Million in Financing

DuckChain is a EVM-compatible TON L2 solution powered by TONSCALE LABS and Arbitrum. This solution aims to provide unprecedented scalability and liquidity, attracting users from the EVM and Bitcoin ecosystems into TON.

More about DuckChain:
https://www.rootdata.com/Projects/detail/DuckChain?k=MTM5NDA%3D

Source:
https://x.com/Duck_Chain/status/1870001524426059834

[New Fundraising] Valhalla raised $ 1.5 M in Pre-Seed round

Valhalla is a fully on-chain perpetuals exchange on MegaETH.

More about Valhalla: https://www.rootdata.com/Projects/detail/Valhalla?k=MTU1ODI%3D

Source: https://x.com/valhallaperps/status/1870137202627489798

The tokens with the best performance in the past week: https://www.rootdata.com/Market?orderBy=3&orderType=2&minFdv=50000000&minMc=20000000

Weekly Hot Projects🔥 (Dec.16 - Dec.22)

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

🎯Top 5 winner is Fuel, Usual, vana, Plume Network 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

[New Fundraising] Avalon Labs Raises $10M Series A to Grow Bitcoin (BTC)-Backed Stablecoin

Avalon Labs is a BTCFi protocol aims to increase the use of Bitcoin within its platform by allowing users to unlock the value of their holdings by using them as collateral to obtain USDa. Avalon Labs also offers financial products such as Bitcoin-backed loans, interest-bearing savings accounts, and a credit card.

More about Avalon: https://www.rootdata.com/Projects/detail/Avalon%20Labs?k=MTE5MDE%3D

Source: https://www.coindesk.com/business/2024/12/23/avalon-labs-raises-10-m-series-a-to-grow-bitcoin-backed-stablecoin

[New Fundraising] Usual has closed a $10M Series A funding round, led by Binance Labs and Kraken Ventures

Usual is a fiat-backed stablecoin protocol that plans to launch USD0, a permissionless and fully compliant stablecoin backed 1:1 by real-world assets (RWAs), and USUAL, a governance token that allows the community to guide the future evolution of the network. Usual addresses current stablecoin market issues by redistributing profits to the community, rewarding token holders with real yields generated by the RWAs.

More about Usual: https://www.rootdata.com/Projects/detail/Usual?k=MTE5NTI%3D

Source: https://x.com/usualmoney/status/1871213374547370328

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

[New Fundraising] AI superchain Swan Chain raised $2M financing, with DWF Labs and others participating

Swan Chain (formerly FilSwan), initiated in 2021, is a decentralized infrastructure designed to accelerate AI adoption. Utilizing OP Stack's Ethereum Layer 2 technology, Swan Chain merges Web3 with AI, offering comprehensive solutions across storage, computing, bandwidth, and payments.

More about Swan Chain:
https://www.rootdata.com/Projects/detail/Swan%20Chain?k=MjI4Ng%3D%3D

Source:
https://x.com/swan_chain/status/1871731798105104640

[New Fundraising] ChainOpera AI Raised $17 Million in Seed Funding to Build Blockchain L1 and AI OS for AI Agents

ChainOpera AI is a truly decentralized and open AI platform for simple, scalable, and trustworthy collaborative AI economics, and the AI app ecosystem for accessible and democratized AI.

More about ChainOpera: https://www.rootdata.com/Projects/detail/ChainOpera?k=MTQ0NTQ%3D

Source: https://www.theblock.co/post/332347/chainopera-ai-raised-17-million-in-seed-funding-to-build-blockchain-l1-and-ai-os-for-ai-agents

[New Fundraising] Decentralized AI platform Nodepay raised a second round of financing, with a total financing amount of $7 million

Nodepay is the network infrastructure that provides decentralized bandwidth for AI training. By connecting to the Nodepay Network, users will be able to sell their unused internet to AI companies, enabling the efficient transfer of public training data, labeling, model sharing and remote distributed training.

More about Nodepay:
https://www.rootdata.com/Projects/detail/Nodepay?k=MTI0NzY%3D

Source:
https://x.com/nodepay_ai/status/1872481565391118801

Weekly Hot Projects🔥 (Dec.23 - Dec.29)

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

🎯Top 10 winner is Blade Games, BIO Protocol, Balance, Nodepay, Usual, Eclipse, Kaito, ChainOpera, FLock and Berachain.

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