image source head

Last week, there were 13 public financing events in the crypto market, with a total financing of approximately US$250 million | Investment and Financing Weekly

trendx logo

Reprinted from chaincatcher

04/22/2025·27D

Compiled by: Luan Peng, RootData

According to incomplete statistics from RootData, from April 14 to April 20, 2025, there were 13 public investment and financing events in the blockchain and crypto industries, with a total of approximately US$250 million in financing.

From the perspective of track distribution, the projects that have received financing are mainly distributed in infrastructure and DeFi tracks. Popular projects include decentralized AI platform ORO AI , DeFi protocol Neutrl , crypto investment startup Glider , and Bitcoin mining machine maker Auradine .

In addition, Bitcoin mining machine maker Auradine completed a US$153 million Series C funding round led by StepStone Group, with Maverick Silicon, Premji Invest, Samsung Catalyst Fund, Qualcomm Ventures, Mayfield, MARA Holdings, GSBackers and other existing investors participating.

(The list of projects that raised more than $5 million last week, data source: Rootdata )

1. Infrastructure

EdgeX Labs receives strategic investment from Ryze Labs to promote global edge computing layout

EdgeX Labs announces the completion of a strategic financing from Ryze Labs. As a platform focusing on decentralized edge computing and AI intelligent agents, EdgeX Labs will use this round of funds to accelerate the deployment of global edge nodes, optimize the performance of EdgeX OS system, and expand the ecological application of core product EdgeX AI Agent.

EdgeX Labs is building an intelligent infrastructure network that integrates edge computing, AI Agent and Web3. It has deployed more than 10,000 edge devices such as XR7 and 40SoC Edge Server around the world, supporting the collaborative operation of multiple AI agents, improving AI inference efficiency and ensuring data privacy.

At present, EdgeX Labs has established cooperation with Google Cloud (GCP), MTK Edge, ROAM, etc. to promote the implementation and global expansion of core technologies.

The addition of Ryze Labs, the investor in this round, injects new impetus into the EdgeX Labs ecosystem. Previously, the project had early support from Waterdrip Capital and ZC Capital.

Decentralized AI platform ORO AI completed a $6 million seed round of financing, led by a16z CSX and Delphi Ventures

According to official news, decentralized AI platform ORO AI announced that it had completed a $6 million seed round of financing, led by a16z Crypto Startup Accelerator (CSX) and Delphi Ventures, and participated by Ocular VC, Orange DAO, NEAR Protocol and 0G Labs.

According to reports, ORO is a decentralized AI platform designed to unlock high-quality and private data for advanced AI models. ORO leverages blockchain technology to facilitate secure and licensed data sharing, enabling AI developers to train models on quality data sets while protecting data privacy.

Rekord AG, a blockchain-based data verification platform, completed a seed round of financing of approximately US$5.51 million

According to Startupticker, blockchain-based data verification platform Rekord AG completed a seed round of CHF 4.5 million (about 5.51 million US dollars), which investors did not disclose.

According to reports, Rekord AG is a Swiss-based data infrastructure company focusing on blockchain-enabled data verification and integrity solutions.

Decentralized high-performance memory infrastructure Optimum completed a seed round of $11 million, led by 1kx

According to official news, Optimum, a decentralized, performance-enhanced memory layer for any blockchain, completed a seed round of $11 million, led by 1kx, and participated by Robot Ventures, Finality Capital, Spartan, CMT Digital, SNZ, Triton Capital, Big Brain, CMS, Longhash, NGC, Animoca, GSR, Caladan, Reforge and others.

At the heart of Optimum innovation is a decentralized encoding method for distributed systems called Random Linear Network Coding (RLNC), developed by MIT professor Muriel Médard.

According to Web3 asset data platform RootData, the full-chain expansion solution [Optimum](https://www.rootdata.com/zh/Projects/detail/Optimum?k=MTY1MjY= "High-performance memory infrastructure for any blockchain") is a decentralized high-performance memory infrastructure for blockchain. Based on the random linear network coding (RLNC) technology, Optimum provides two core products: high-performance node communication layer OptimumP2P and decentralized memory layer DeRAM, aiming to provide efficient data transmission, storage and access solutions for any blockchain network.

2. DeFi

DeFi protocol Neutrl completes a seed round of $5 million, led by STIX and others

According to CoinDesk, DeFi protocol Neutrl announced a $5 million seed round, led by digital asset private equity market STIX and venture capital firm Accomplice, with numerous cryptocurrency angel investors including Amber Group, SCB Limited, Figment Capital and Nascent, including Ethena founder Guy Young and derivatives trader Joshua Lim of Arbelos Markets (recently acquired by FalconX).

According to Web3 asset data platform RootData, [Neutrl](https://www.rootdata.com/zh/Projects/detail/neutrl?k=MTU4OTM= "Synthesized US dollar agreement") is a high-yield synthetic dollar protocol that uses the OTC arbitrage strategy to obtain scalable, market-neutral returns on the altcoin market.

Delta's neutral stablecoin protocol Resolv Labs completes a $10 million seed round, led by Cyber​​.Fund and Maven11

According to CoinDesk, Delta's neutral stablecoin protocol Resolv Labs announced the completion of a $10 million seed round of financing, led by Cyber.Fund and Maven11, and Coinbase Ventures, Susquehanna, Arrington Capital and Animoca Ventures.

According to Web3 asset data platform RootData, [Resolv](https://www.rootdata.com/zh/Projects/detail/Resolv?k=MTE3NTU= "Delta neutral stablecoin protocol") is a Delta neutral stablecoin protocol that revolves around the tokenization of market neutral portfolios. The architecture is based on an economically viable and independent source of income from fiat currency. This allows the allocation of competitive returns to the liquidity providers of the agreement.

Crypto investment services company Glider completed a $4 million financing, led by a16z

According to Fortune, crypto investment startup Glider completed a $4 million financing, led by a16z, and participated by Coinbase Ventures, Uniswap Ventures and GSR. The valuation information has not been disclosed yet.

The New York-based company plans to use artificial intelligence to help users adjust their cryptocurrency investments to their needs and will join the Andreessen Horowitz cryptocurrency startup accelerator this spring.

Digital asset infrastructure company Treehouse completes a new round of financing with a valuation of US$400 million

According to official news, digital asset infrastructure company Treehouse completed a round of strategic financing with a valuation of US$400 million.

This round was led by the venture capital department of a large financial service institution that manages assets of more than US$500 billion, and joined forces with several well-known investors in the cryptocurrency and traditional finance fields. Angel investors include Jordi Alexander (Selini), Guy Young (Ethena), Darius Sit (QCP), Rich Teo (Paxos), Matthew Tan (Etherscan), Michael Ashby (Algoquant), Mirko Schmiedl (Staking Rewards), Jack Yang (LTP), Benedict Chan (Chainlink), and key contributors to Lido and EtherFi.

This round of financing continued the foundation of Treehouse's $18 million seed round, which was supported by Binance, Lightspeed, Jump Capital, Mirana Ventures, Wintermute, GSR and other large institutions.

According to Web3 asset data platform RootData, [Treehouse](https://www.rootdata.com/zh/Projects/detail/TreeHouse%20Finance?k=NDg3Ng== "Digital Asset Data Company") is a digital asset data company focusing on institutional-level investment portfolios, protocols and market analysis. The company’s flagship Hyperion is the most comprehensive portfolio management and market intelligence platform that provides institutional investors and professional traders with complete control over their digital assets. The platform features over 30 portfolio and market widgets for personalized dashboard visualization, redefining how financial professionals monitor the cryptocurrency trends and analyze their portfolio risks and performance.

3. Game

Meme application chain Embr.fun completed a US$1.8 million financing, led by Robot Ventures and others

Embr.fun, the Meme application chain built on Initia, announced the completion of a US$1.8 million financing. This round of financing was led by Robot Ventures, Lattice Fund, and participated by TempleDAO.

Embr.fun is built by Embr Labs and developed by Initia Interwoven Stack. This project is specially built for the next generation Meme economy, aiming to bring more innovative and interesting ways of playing Meme and become the first platform to promote the development of the next generation Meme.

4. Others

a16z invested $55 million in LayerZero again, with a lock-in period of 3 years

a16z general partner Ali Yahya tweeted that a16z has invested an additional $55 million in LayerZero token ZRO with a lock-in period of 3 years. Currently, ZRO is quoted at $2.5, up 5.7% in the past 24 hours, with a FDV of $2.5 billion, and its previous highest price was $7.1.

According to RootData data, a16z led a US$120 million financing from LayerZero, with a valuation of US$3 billion. Previously, in March 2022, a16z also led a US$135 million financing from LayerZero, with a valuation of US$1 billion.

Bitcoin mining machine maker Auradine completes US$153 million Series C funding, led by StepStone Group

According to The Block, Bitcoin mining machine maker Auradine completed a US$153 million Series C funding round, led by StepStone Group, with Maverick Silicon, Premji Invest, Samsung Catalyst Fund, Qualcomm Ventures, Mayfield, MARA Holdings, GSBackers and other existing investors participating.

Auradine co-founder and CEO Rajiv Khemani said that the round of financing was oversubscribed by more than 22%, and the new funds will be used to enter the field of artificial intelligence infrastructure.

Futureverse acquires Candy Digital and collaborates with Netflix and DC Comics IP

According to Decrypt, metaverse technology company Futureverse announced the acquisition of digital collectibles platform Candy Digital on April 16, 2025, with the transaction amount not disclosed. The acquisition has enabled Futureverse to acquire Candy Digital’s 4 million digital collections and 1.5 million user accounts, as well as partnerships with blue chip brands such as Netflix, DC Comics and MLB.

It is reported that Futureverse was established at the end of 2022 and completed a US$54 million Series A financing in 2023, with a valuation of approximately US$1 billion.

Tether announces strategic investment in self-hosted crypto wallet Fizen

Tether announced a strategic investment in self-hosted crypto wallet and digital payment fintech company Fizen, with the specific amount not yet disclosed.

It is reported that Fizen provides payment technology to help achieve seamless stablecoin transactions, allowing consumers and enterprises to obtain digital assets more conveniently.

more