Blockchain-powered financial institution XREX raised $18.75M in a funding round from Tether.
Ethereum data network Avail raised $43M in a Series A funding round led by Founders fund, Dragonfly Capital, Cyber Fund, with participation from SevenX Ventures, Figment Capital, Nomad Capital, Chapter One, Foresight Ventures, Mirana Ventures, KR1 plc, Alliance DAO (ex DeFi Alliance), Hashkey Capital, LocalGlobe, Superscrypt, RW3 Ventures, Elixir Capital, Altos Ventures, Spark Digital Capital, LongHash Ventures.
Bitcoin staking protocol Babylon raised $ 70M in a funding round led by Paradigm, with participation from Polychain Capital, Bullish, Hashkey Capital, Hack VC, Galaxy Digital, IOSG Ventures, Breyer Capital, Amber Group, Mantle Network, HTX Ventures (ex Huobi Ventures), ViaBTC Capital, LD Capital, ImToken Ventures, P2P Validator, Allnodes, Everstake, InfStones, Luganodes, Stakin, RockX, Stakewithus, 01node, Bware Labs, Ryan Fang, Smokey The Bera, Ajit Tripathi, Waikit Lau, domo.
On-chain oracle developer Switchboard raised $ 7.50M in a Series A funding round led by Tribe Capital, RockawayX, with participation from Solana Foundation, Aptos Network, Starkware, Mysten Labs, InfStones, OtterSec, Ascensive Assets, Lemniscap, Bixin Ventures, Breed VC, BlockBuilders, Joe McCann, Danish Chaudhry, 0xRooter.
Berachain-based options protocol IVX raised $ 1.20M in a Seed funding round led by Animoca Ventures, AVID3, with participation from Big Brain Holdings, Cogitent Ventures, Forbole, Web3Port Labs.
EVM-compatible Layer 2 blockchain focused on RWA Plume Network raised $ 10M in a Seed funding round led by HAUN Ventures, with participation from Galaxy Digital, Superscrypt, Selini Capital, Reciprocal Ventures, A Capital, SV Angel, Portal Ventures, Calvin Liu, Andrew Kang, Eric Chen, Mirza Uddin, HDF humble defi farmer.
