19 projects raise $246.4 million World raises $135 million

Compiled by: Golden Finance

A total of 19 blockchain startups received a total of $246.4 million in funding this week.

The biggest round of financing this week

World (excluding Worldcoin) completed financing involving Andreessen Horowitz (a16z crypto), Bain Capital Crypto, Selini Capital, Mirana Ventures and Arctic Digital, raising $135 million.

World is a decentralized identity and financial network designed to meet the challenges of "human uniqueness verification" in the AI ​​era. At its core is World ID - a privacy-protecting digital passport that allows users to prove themselves to be human without revealing their personal information.
The verification method is implemented through a biometric device called Orb , which generates a unique identifier by scanning the user's iris, ensuring that everyone can only be verified once.

The World App is the main operating interface of the system, where users can manage World IDs, conduct transactions, and access various services. The entire network runs on the World Chain blockchain designed for "people- oriented" applications and uses WLD tokens for transactions and governance.

Pre-Seed and Seed stage financing

Fermi Labs
Funding amount: US$1.2 million (Pre-Seed round)
Investors: Equilibrium co*, Big Brain Holdings*, Nom

Fermi Labs is a Web3 research and development studio focused on building the next generation of decentralized applications and infrastructure. Its core product, Fermi DEX , is a decentralized exchange based on a decentralized limit order book (DLOB) architecture . By separating deposit requirements from pending order operations, it improves capital efficiency, enhances liquidity and reduces latency. The platform runs on Solana blockchain and aims to provide high-performance instant settlement transaction experience and liquidity abstraction. Fermi Labs also provides consulting services and educational programs to promote the popularization of decentralized technologies.

Catena Labs
Funding amount: US$18 million (Seed round)
Investors: Andreessen Horowitz (a16z crypto)*, Breyer Capital, Circle Ventures, Coinbase Ventures

Catena Labs is creating the first financial institution for AI native agents, dedicated to AI agents and their human collaborators. They realize that traditional financial systems are difficult to support the economic activity of autonomous AI, so they are building a compliant and secure infrastructure that allows AI intelligence to verify identity and conduct financial transactions. Its products include the open source toolkit Agent Commerce Kit (ACK) , which provides the basic components of identity authentication and payment capabilities for AI agents.

Rover
Funding amount: US$4.1 million (Seed round)
Investors: Animoca Ventures, CMS Holdings, Bloccelerate, Maelstrom, UTXO Management, IVC, Builder Capital, RockTree Capital, Wise3 Ventures, Veil, Optic Capital, Relayer Capital, Stake Capital, WAGMI Ventures, NxGen, Zephyrus Capital, GCR, Revelo Intel, Cogitent Ventures, MH Ventures, Meltem Demirors, Ben Lakoff, Kartik Talwar

Rover is a Bitcoin decentralized liquidity staking protocol running on Botanix Spiderchain . It allows BTC holders to pledge assets and obtain rovBTC (a liquid-staking derivative), realizing returns while maintaining liquidity. Rover entrusts the staked BTC to a decentralized network of validators to ensure network security and revenue generation.

Financing of other investment rounds this week

HeyMint

• Funding amount: Undisclosed (M&A round)

• Investor: Alchemy Ventures

• Introduction: HeyMint is an NFT creation and community interaction platform for creators without technical backgrounds. Its tool suite includes free NFT generators, smart contract builders, casting websites, whitelist management systems, and task-based interactive systems, supporting multiple EVM blockchains such as Ethereum, Polygon, Arbitrum, Optimism, etc. The platform has assisted in deploying 4,000+ contracts and serving more than one million users.

Stablecorp (QCAD)

• Funding amount: US$1.8 million

• Investors: Coinbase Ventures, Side Door Ventures

• Introduction: Canadian fintech company focusing on digital currency infrastructure. The main product, QCAD, is a stablecoin supported in full Canadian dollars, used for on-chain foreign exchange, local/global payments and capital market applications. It also provides asset management and compliance tools, dedicated to bank-level blockchain solutions.

Hyperdrive

• Funding amount: US$6 million (Series A)

• Investors: Hack VC*, Arrington Capital*, Delphi Digital, etc.

• Introduction: A stablecoin lending market built on the Hyperliquid blockchain, supporting stablecoin lending, $HYPE liquid staking, and using HLP tokens as collateral. The platform provides a one-click revenue strategy to simplify the DeFi user experience.

Roxom

• Funding amount: US$17.9 million

• Investors: Draper Associates, Borderless Capital, etc.

• Introduction: Roxom is a Bitcoin-denominated multi-asset trading platform that supports the use of Bitcoin to trade stocks, ETFs, commodities, cryptocurrencies, forex and bonds. The platform integrates Bitcoin and traditional finance to provide a decentralized, transparent and secure transaction experience.

Impossible Cloud Network (ICN)

• Funding amount: Not disclosed

• Investor: NGP Capital

• Introduction: Decentralized cloud platform connects global hardware providers and cloud developers, and provides high-performance, scalable and secure cloud infrastructure with the help of SLA oracle nodes and transparent protocol markets.

Acurast

• Funding amount: US$5.4 million (public sales round)

• Introduction: Acurast is the first decentralized trusted computing network powered by a smartphone. Transform mobile phones into computing nodes through TEE and HSM technologies, providing privacy-friendly, energy-efficient cloud computing alternatives suitable for AI workloads, decentralized VPNs and data processing.

Plasma

• Funding amount: Not disclosed

• Investor: Founders Fund

• Introduction: A high throughput and zero handling fee payment platform built on Bitcoin. Supports USD₮ transfers of more than 1000 transactions/second, introduces Nakamoto PoS consensus mechanism and hybrid account architecture, and supports modular smart contracts.

XNET Foundation

• Funding amount: Not disclosed

• Investor: Alpha Sigma Capital

• Introduction: Decentralized Wireless Network (DeWi), runs on the Solana blockchain. User-deployed enterprise-level Wi-Fi and CBRS nodes provide data offloading for operators, and node operators receive $XNET rewards based on factors such as online duration and bandwidth.

Astar Network

• Funding amount: Not disclosed

• Investor: Animoca Brands

• Introduction: Multi-chain smart contract platform, connecting Polkadot and Ethereum ecosystem, supports interoperability of EVM and Wasm smart contracts. Inspire developers with Build2Earn and dApp Staking and integrate with Soneium Layer 2 developed by Sony.

VOYA Games (Craft World)

• Funding amount: US$5 million

• Investors: 1kx*, Makers Fund*, RockawayX, etc.

• Introduction: Berlin Web3 Game Studio, develops a player-centric blockchain game. The first game, "Craft World", is a resource management game in the context of the apocalypse, where players collaborate with dinosaurs to rebuild civilization. Realize the game ecological interconnection through Dyno Coin.

Tokeny

• Funding amount: Undisclosed (M&A round)

• Investor: Apex Group

• Introduction: Enterprise-level asset tokenization platform, based on ERC-3643 standard, realizes on-chain compliance, KYC/AML automation and asset life cycle management, supports real estate, funds, private equity and other asset categories, and is compatible with traditional financial systems.

Slash

• Funding amount: US$41 million (Series B)

• Investor: Goodwater Capital*

• Introduction: A new banking platform specially built for online business, providing customized financial services: accounts, virtual/physical cards, ACH/Wire transfers, accounting software integration, etc. Supports multi-person use, account partitioning, and crypto-fixed currency management, and is suitable for e-commerce, marketing and Web3 companies.

TrueX

• Funding amount: US$11 million (Series A)

• Investors: Accomplice Blockchain*, RRE Ventures*, PayPal Ventures, etc.

• Introduction: A cryptocurrency exchange native to non-custodial and stablecoins is settled using PYUSD, has an independent matchmaking engine, third-party custodial (such as Paxos) to ensure security, and supports advanced APIs and global liquidity services.

ClaimLink

• Funding amount: Undisclosed (M&A round)

• Investor: Origyn

• Introduction: A decentralized NFT distribution platform built on ICP (Internet Computer Protocol). Supports distribution of digital assets through links, QR codes and batch delivery, exempts Gas fees, provides a convenient user experience similar to Web2, and is compatible with Plug and NFID wallets.

Bitlayer

• Funding amount: Not disclosed

• Investor: MN Capital

• Introduction: The Bitcoin security equivalent Layer 2 solution built on BitVM is committed to improving the scalability, efficiency and security of Bitcoin transactions, and providing advanced Bitcoin infrastructure for Web3.