18 projects raised $183.3 million Twenty One received $100 million

Compiled by: Golden Finance

A total of 18 blockchain startups completed financing this week, with a total financing of US$183.3 million.

The biggest financing this week

Twenty One completed a $100 million financing round.

Twenty One (XXI) is a Bitcoin native listed company with a structure designed to maximize the amount of Bitcoin (BPS) owned per share. The company, led by Strike founder Jack Mallers, is backed by Tether, SoftBank and Bitfinex, and operates entirely on Bitcoin standards.
The company is committed to accelerating the popularity and education of Bitcoin through a variety of financial products, media projects and strategic services. Currently holding 31,500 Bitcoins, its goal is to become the most effective listing platform for Bitcoin accumulation and monetization.

Pre-Seed and Seed Financing Rounds

1. Donut raises $7 million in funding (Pre-seed round)
   Investors include: BITKRAFT Ventures*, Hack VC*, Sequoia China (now known as HongShan)*, Sky9 Capital, Matrix Partners, Makers Fund, Altos Ventures, Vessel Capital, Sonic SVM.
   Donut is the world's first smart encrypted browser built on Solana, born for the era of AI agents interacting with on-chain finance. Unlike traditional browsers, Donut is a smart terminal that can understand real-time currency data, wallet risks and market signals, where users can directly trade and earn. It integrates decentralized exchanges (DEXs), wallets and networks, and achieves a seamless experience with the help of intelligent proxy models and extension functions.

2. Dexari raises $2.3 million (Seed round)
   Investors include: Prelude*, Lemniscap*, Binance US, Infinite Field, Kiln, Will Price.
   Dexari is a mobile-first self-custodial trading platform that supports decentralized perpetual contract trading with up to 50 times leverage. Its Hyperliquid-based on-chain order book combines the transparency of DeFi and the ease of use of the centralized platform to provide a smooth trading experience. Featured features include security mechanisms such as email registration, multi-chain support, Gas fee subsidy, dual-factor authentication (2FA) and MPC wallet recovery.

3. EGO.tech raises US$800,000 (Pre-seed round)
   Investors include: Raj Gokal, Marc Boiron, Hustle Fund, Zhuoxun Yin, Maghnus Mareneck, and Barry Plunkett.
   EGO.tech is a Web3 platform that supports the creation of online profiles into tradable tokens to realize the tokenization of digital identities. It introduces a completely new asset class by combining online attention with realistic basic data, allowing users to realize their personal image and community influence. EGO allows anyone to tokenize any Internet account and redefines the way digital participation and investment is done.

4. Rumi raises US$4.7 million (Pre-seed round)
   Investors include: a16z Crypto Startup Accelerator (CSX) , Escape Velocity .
   Rumi Labs is creating an interactive entertainment experience through AI and transforming traditional passive media consumption. Users can receive rewards when watching streaming content through browser plug-ins, and Rumi's AI analyzes video content in real time and generates insights and analysis data. This data will be injected into the decentralized infrastructure (DePIN), driving the birth of AI agents with contextual understanding, and improving narrative and audience participation.

5. Asigna raises $3 million (Seed round)
   Investors include: Hivemind*, Tykhe Ventures*, Portal Ventures, Sats Ventures, Trust Machines, Bitcoin Frontier Fund.
   Asigna is a non-custodial, intelligent multi-signal vault designed for the security management of Bitcoin assets. The platform helps teams, DAOs and institutions securely manage shared Bitcoin fund pools and participate in Bitcoin DeFi. It is compatible with Bitcoin mainchain, Stacks and other Layer 2 solutions, as well as meta-protocols such as Ordinals, BRC-20, Runes, and provides embedded applications, developer SDKs and customizable portfolio tracking dashboards.

Summary of other financing rounds (sorted by company name)

1. Assisterr AI raises US$2.8 million <br>Investors: Google for Startups, Outlier Ventures, Web3com Ventures, Echo, Moonhill Capital.
   Assisterr AI is a cutting-edge artificial intelligence platform designed to transform the customer service experience. Through the integration of natural language processing, sentiment analysis and real-time data insights, the platform helps businesses achieve personalized, responsive and scalable automated customer support, improving customer satisfaction and reducing operating costs.

2. The amount of financing from Avalon Labs (Avalon Finance) has not been disclosed <br>Investor: YZi Labs (formerly Binance Labs).
   Avalon is a decentralized lending agreement built on Merlin Chain, which includes three major modules: excess mortgage lending, derivatives trading and algorithmic stablecoin, emphasizing the independent management of user assets and compliance and transparent operations.

3. Beam Cash raises $7 million in funding <br>Investors: Castle Island Ventures*, Archetype, Bankless Ventures, Verda Ventures, Arca Fund.
   Beam is a payment platform connecting traditional finance and blockchain, supporting global transfer services for stablecoins and fiat currencies. The platform provides real-time exchange, crypto fiat currency swap, bank account integration, KYC/AML compliance and enterprise-level tools, suitable for cross-border funding operations between individuals and enterprises.

4. BlockSpaces raises $2 million in financing (strategic round)
   Investors: Axiom*, Leadout Capital, Sand Harbor Capital.
   BlockSpaces is a Bitcoin native financial infrastructure platform that provides programmable collateral services. Its core product, ARCC, automatically manages risks and settlements, and connects Bitcoin with traditional financial systems through a converged wallet to support loans, bonds and derivatives transactions.

5. Conduit Pay raises US$36 million (Series A)
   Investors: Dragonfly Capital*, Altos Ventures*, Sound Ventures, Circle Ventures, DCG, Portage Ventures, etc.
   Conduit is a modern cross-border payment platform that supports global instant transfers of stablecoins, US dollar and local currencies, covering SWIFT, ACH and regional payment networks. Its API and web applications help businesses efficiently manage global accounts, salaries and finance.

6. Cooking City (MagicSeven Co., Ltd.) raises US$7 million <br>Investors: Jump Crypto, CMT Digital, Mirana Ventures, Bitscale Capital, EVG.
   Cooking City is a catering game where players can make global cuisine in multi-themed restaurants. The game has introduced the Solana-based crypto token $COOKCITY, committed to integrating blockchain technology into the gaming ecosystem.

7. Ducat raises $1.5 million (publicly sold)
   Ducat Protocol uses Bitcoin as its native asset and governs the issuance and redemption of UNIT collateralized bond stores through a zero-knowledge proof circuit. DUCAT is its governance token, focusing on decentralized, self- custodial and license-free stablecoin solutions, aiming to solve the current centralized problem of the stablecoin market.

8. H100 Group raises US$2.2 million <br>Investor: Adam Back*
   H100 is a Swedish health technology company focusing on the digital transformation of AI automation and longevity services. It is the first listed company in Sweden to use Bitcoin as a reserve asset for the company's vault.

9. Hyperion Funding amount not disclosed <br>Investor: Maelstrom
   Hyperion is a hybrid Orderbook-AMM decentralized exchange built on Aptos that combines high throughput and low latency to provide a smooth on-chain trading experience for professional and retail traders.

10. Naoris Protocol raises US$3 million (strategic round)
    Investors: Mason Labs*, Frekaz Group, Level One Robotics, Tradecraft Capital.
    Naoris is a decentralized network security protocol that provides persistent threat detection and verification for Web2 and Web3 infrastructure by transforming devices into verification nodes and utilizing quantum encryption and distributed AI.

11. Oncade raises $4 million in financing <br>Investor: a16z Crypto Startup Accelerator (CSX)*
    Oncade is a native game distribution platform for Web3, allowing developers to sell games directly to players and bypass the high commissions on traditional platforms. It provides integrated tools such as pre-sale, community distribution, game prop monetization, tax compliance, etc.

12. Winks Fun Funding amount not disclosed <br>Investor: IOSG Ventures
    Winks.fun is a Web3 platform that directly integrates decentralized applications (DApps) into social media (such as Twitter, Discord, Telegram). Users can complete on-chain operations without leaving the social interface, such as coin exchange, cross-chain, NFT minting and airdrop collection.