Router Protocol

WasabiX

Rango exchange

Zeek Coin

Renzo

ARTFI

Dates: 17 June 2024 – 23 June 2024. This week’s notable funding rounds according to CoinFactiva.com’s research:<a href="https://www.renzoprotocol.com/" rel="noopener noreferrer nofollow">Renzo </a>raised $17M from Brevan Howard Digital, Galaxy Digital, Maven 11 Capital, and others. Renzo, based on EigenLayer, simplifies Ethereum restaking, allowing users to deposit ether or liquid staking tokens for ezETH, a liquid restaking token (LRT) usable in DeFi. With its beta mainnet launched, Renzo aims to support more blockchains, including Layer 2 and other Layer 1 networks.<a href="https://particle.network/" rel="noopener noreferrer nofollow">Particle Network</a> raised $15M from The Spartan Group, gumi Cryptos Capital, SevenX Ventures, and others. The platform offers Web3 data and development solutions, including a login and wallet middleware for integrating user-friendly web3 authentication into decentralized applications.<a href="https://www.sonic.game/" rel="noopener noreferrer nofollow">Sonic</a> secured $12M from BITKRAFT Ventures, Galaxy Interactive, Big Brain Holdings, and others. Sonic is the first atomic SVM chain for sovereign game economies on Solana, offering a fast, low-cost on-chain game experience.<a href="https://gudchain.com/" rel="noopener noreferrer nofollow">Gudchain </a>raised $5M from Mechanism Capital, Morningstar Ventures, Manifold, and SkyVision Capital. Gudchain advances gaming by eliminating entry barriers, enabling developers to launch frictionless web3 games that integrate virtual and real-world economies.<a href="https://zkx.fi/" rel="noopener noreferrer nofollow">ZKX </a>raised $3.1M from Flowdesk, Global Coin Research, and Dewhales Capital. ZKX is the first permissionless derivatives trading protocol built on StarkNet, leveraging ZK rollups.<a href="https://www.wasabi.xyz/" rel="noopener noreferrer nofollow">Wasabi</a> raised $3M from Electric Capital, Alliance DAO, Memeland, and others. Wasabi is a DeFi protocol for leverage trading of memecoins and NFTs, designed for efficient price discovery on long-tail assets.<a href="https://www.zeek.network/" rel="noopener noreferrer nofollow">Zeek Network </a>secured $3M from OKX Ventures, Animoca Brands, Mask Network, and others. Zeek is a decentralized collaboration economy incentivizing reputation through social bounties called “Wishes.” The platform’s reputation layer, “Rizz,” can be monetized and used to measure credibility, reliability, and influence.<a href="https://bitwiseinvestments.com/" rel="noopener noreferrer nofollow">Bitwise</a> raised $2.5M in a Seed funding round. Bitwise is a crypto asset management firm renowned for managing the world’s largest crypto index fund. It offers pioneering investment products that cover Bitcoin, Ethereum, DeFi, and crypto-focused equity indexes.<a href="https://www.farworld.gg/" rel="noopener noreferrer nofollow">Farworld Labs</a> raised $1.8M from Lemniscap and Variant Fund. Farworld Labs is developing Farcade, a platform for creating crypto-native games integrated with decentralized social media, allowing games to be played instantly within social media feeds.<a href="https://ordinox.xyz/" rel="noopener noreferrer nofollow">Ordinox</a> raised $1M from DACM, CMS, UTXO Management, and others. Ordinox is a DeFi app-chain using Tendermint, Cosmos-SDK, and GG20 TSS, enabling decentralized exchange of assets between Bitcoin and EVM networks without central intermediaries.<a href="https://artfi.world/" rel="noopener noreferrer nofollow">Artfi</a> raised $80K in a public sale. Artfi democratizes investing in high-value artworks through fractionalization and blockchain technology, allowing retail investors to own and trade fractions of prominent artworks via NFTs.<a href="https://rango.exchange/" rel="noopener noreferrer nofollow">Rango Exchange</a> raised an undisclosed amount from Binance Labs Fund, Nomad Capital, and Foresight Ventures. Rango is a multi-chain super aggregator for DEXs and bridges, offering fast, cheap, and secure routes for crypto transactions.<a href="https://www.routerprotocol.com/" rel="noopener noreferrer nofollow">Router Protocol</a> raised an undisclosed amount from Wintermute, Banter Capital, Luganodes, and others. It is a cross-chain messaging protocol enabling seamless blockchain communication with products like Voyager and CrossTalk.Source: <a href="https://coinfactiva.com/fundraising-weekly-renzo-particle-network-sonic-gudchain-zkx/" rel="noopener noreferrer nofollow">https://coinfactiva.com/fundraising-weekly-renzo-particle-network-sonic-gudchain-zkx</a>#bitwise #particlenetwork

Fundraising weekly – Renzo, Particle Network, Sonic, Gudchain, ZKX, Bitwise

coinfactiva.com

Other articles published on Jun 24, 2024

Chainlink (LINK) Community Confused by Whale Activity: Details

Asia’s Microstrategy? Metaplanet’s Bold $1B Bitcoin Bet

MicroStrategy’s Bitcoin Bet Pays Off As It Soars to $15B: Top Cryptos Paying Off Now

Bitcoin miner Hut 8 lands $150M investment amid AI boom

Binance CEO Richard Teng Freezes Over $5.3 Million In Stolen Funds Linked To BtcTurk Breach

BitcoinCash Weekly News June 24th 2024 by the Bitcoin Cash Foundation

Join our free newsletter for daily crypto updates!