The crypto market is active in investment and financing, with outstanding performance in DeFi, Web3 games, and AI.

Last week (3.10-3.16), there were a total of 14 public financing events in the global blockchain industry, with a total scale exceeding 166 million USD. Compared to the previous week, the financing scale has decreased. The specifics are as follows:

• There are 4 financing events in the Decentralized Finance field, with Vest securing $5 million in funding.
• In the Web3 gaming sector, there have been 3 funding events, with Japanese developer Mint Town securing approximately $4.75 million in a new round of financing;
• There are 4 financing events in the Web3+AI field, and the decentralized user agreement platform PoPP has completed a $6 million financing.
• There was 1 financing event in the infrastructure and tools sector, Offline Protocol completed a $1.1 million Pre-Seed financing;
• There are 2 financing events in the centralized finance sector, including RedotPay completing a $40 million Series A financing.

Decentralized Finance领域

Vest has completed a $5 million financing round aimed at building a universal risk engine. The project plans to address the current fragmentation and isolation of risk pricing data in the financial markets, providing a verifiable neutral framework. Vest's first product is a perpetual contract exchange that leverages blockchain and zero-knowledge proof technology to ensure a transparent and fair trading environment.

The encryption lending protocol Templar Protocol has secured $4 million in Pre-Seed funding. The project aims to develop a crypto lending platform for Bitcoin and other digital assets, with the goal of allowing users to borrow assets without relying on centralized institutions. The team plans to launch the protocol in the second quarter of 2025.

The Solana ecosystem's high-yield staking protocol Rakurai has completed a $3 million seed round of financing. The funds will be used to accelerate the deployment of high-performance nodes and enhance transaction processing capacity and block rewards through proprietary technology.

The real estate tokenization company Arda has secured $3 million in Pre-Seed funding from an investment firm. The company was founded by former JP Morgan executives and aims to help the real estate industry achieve digitization while using blockchain technology to store relevant data.

Web3 Gaming Sector

Japanese Web3 game developer Mint Town has completed a new round of financing of approximately $4.75 million. The funds will be used to strengthen the marketing of its Web3 game adaptation of "Captain Tsubasa" and to carry out token-related strategies. The company plans to launch its token on exchanges in the second quarter of 2025.

Web3 game developer M10 has completed a $3 million seed funding round. The company was founded by veterans of the gaming industry, and the team includes several experienced game developers.

The developer of the racing game Auto Legends, Autoverse Studios, has received an investment of $1 million. The game is a blockchain-based straight racing game that features licensed vehicles from multiple well-known car brands. The game is currently in closed testing phase and is planned for a full release later this year.

AI Field

The decentralized user agreement platform PoPP has completed a $6 million financing round, bringing the total funding to $12 million. PoPP provides dynamic identity labels for users by analyzing on-chain behavior, achieving precise matching between users and DApps.

nunu.ai has completed a $6 million seed round financing. The company focuses on the intersection of artificial intelligence, gaming, and robotics, aiming to build AI agents capable of testing and playing games.

On-chain AI model verification and rental market Aura has secured $5.5 million in seed funding. Aura provides on-chain AI infrastructure to support AI model users and creators.

The decentralized creative AI platform Sogni AI has completed a $2 million financing round. The platform was founded by a former executive of a well-known encryption data website and has launched the decentralized GPU network Supernet, which supports AI-driven content creation.

Infrastructure and Tools

Offline Protocol completed a $1.1 million Pre-Seed funding. The project is dedicated to building a decentralized, private, and censorship-resistant offline network, allowing users to take direct control of communication, personal finance, and information access.

Centralized Finance

The crypto payment company Mesh has completed a $82 million Series B financing round. Mesh is building a blockchain payment network that allows users to pay with multiple encryption assets, while merchants can choose to settle in different stablecoins.

RedotPay completed a $40 million Series A financing. The company was established in April 2023 and has developed over 3 million users, providing encryption payment and fiat currency conversion services, dedicated to offering financial services to the unbanked population.