0122-0128 Investment and Financing Weekly Report｜There were 36 public financing events last week, with the total financing scale reaching US$166 million
Investment and Financing Overview
According to incomplete statistics, there were 36 financing events in the global blockchain market from 01.22 to 01.28 last week, with a total financing scale of US$169 million. Compared with last week, the number of financings increased by 9, and the financing size increased by 2.4%.
Judging from the number of financing events, infrastructure and DeFi financing were the most active last week. There were 11 cases in the infrastructure track and 6 cases in the DeFi track.
Judging from the financing scale of disclosed amount events, the infrastructure track has the highest financing scale, with a total financing scale of US$66 million.
Track distribution
zkLink is a transaction-centric multi-chain L2 network with unified liquidity secured by ZK-Rollups. dApps built on the zkLink L2 network leverage seamless multi-chain liquidity to provide rapid deployment solutions for decentralized and non-custodial order books, AMMs, derivatives and NFT exchanges. zkLink operates as a trustless, permissionless and non-custodial interoperability protocol designed to connect different blockchains, eliminate the differences between different tokens, and solve the problem of liquidity islands formed on isolated chains.
zkLink announced that it has completed a $4.68 million token sale on CoinList. At an FDV valuation of $150 million, the 31.25 trillion tokens sold are slightly more than 3% of the total supply.
Polymer is Ethereum's interoperability hub that provides IBC execution for connected Layer 2 without the need for native IBC integration, enabling new L2s to connect to IBC networks permissionlessly. Polymer enhances composability across Ethereum rollups while leveraging IBC’s growing network of applications.
Polymer Labs is building an “Ethereum Interoperability Hub” that will connect first Ethereum and its rollups, then all blockchains, with the goal of building the next generation internet.
Axiom is a ZK coprocessor that allows smart contracts to access and process all on-chain data trustlessly. This is a protocol that processes data off-chain, then transfers this data to the Ethereum mainnet and verifies it using ZK proofs.
Ethereum ZK co-processor Axiom has completed $20 million in financing, led by Standard Crypto and Paradigm. It is reported that the funds will be used to further develop the agreement and conduct new recruitment. Axiom allows smart contract developers to access Ethereum’s historical data and then perform calculations off-chain.
DeFi
Scallop is the currency market for the Sui ecosystem. By emphasizing institutional-grade quality, enhanced composability, and strong security, Scallop strives to build a dynamic money market that provides high-interest lending, low-fee lending, AMM, and asset management tools on a unified platform. Professional traders provide SDK.
Scallop currently ranks first in SUI ecosystem TVL, with TVL exceeding 100 million. Scallop is currently launching an online airdrop point gameplay. The first phase has ended and you can ambush the second phase: after completing the interaction, you can submit PoW to the task platform TaskOn and have a chance to receive SUI rewards.
Synonym is the universal cross-chain credit layer for DeFi professionals. Built on Wormhole, Arbitrum and Circle. Synonym allows users to lend, borrow and earn on any chain through a seamless interface. Currently Synonym has launched its own mainnet.
Bitflow is a decentralized exchange that aims to solve the liquidity fracture problem of the entire Bitcoin ecosystem, providing a user-friendly platform for trading BTC, stablecoins, Stacks tokens, BRC20, and more. By working with strategic wallet partners such as Hiro (Leather), Xverse, and Asigna, and leveraging technologies such as PSBT, atomic swaps, AMM, and layer 2 solutions such as Stacks, Bitflow provides efficient decentralized exchange and sustainable BTC rate of return.
Veta is the first DeFi structured products platform for margin trading, offering a basket of exotic options-based products to generate safe and superior returns. It has now been launched on the mainnet.
GameFi
Arcade is the GameFi platform that gives the community the opportunity to earn meaningful rewards from a variety of Play-and-Earn Metaverse games without having to directly play the games or own in-game NFTs. Anyone approved by Arcade can become a task pool operator, including gaming guilds. Operators will be able to play games using NFTs owned by Arcade’s treasury or loaned to Arcade, which will then be used to generate rewards. Mission pool contributors, on the other hand, are arcade token holders who can decide which operators and in-game activities they wish to support by depositing their game tokens into the mission pool. Deposited xarcade tokens are locked in the task pool and returned upon completion along with the corresponding reward share.
Spellborne is a retro-style massively multiplayer creature-collecting adventure game developed by Mon Studios, previously known as Defimons. It tells the story of three children from Isogi City who go on adventures to achieve their goals in a world full of magic and monsters.
SocialFi
Singular is an NFT lending protocol for virtual and real-world assets that uses a peer-to-pool and peer-to-peer model to balance risk and reward. The peer-to-peer model provides average pool returns to liquidity providers, while the peer-to-peer model allows users to define their own returns. Singular Protocol uses a dynamic risk-based interest rate matching model that enables users to define returns based on risk appetite.
Tools
BitsCrunch is a decentralized NFT data platform that enables developers to quickly and easily build reliable NFT applications (dApps). By leveraging artificial intelligence technology, the network provides accurate and in-depth analysis of NFTs to help users make informed investment decisions. BitsCrunch Network also provides detailed forensic data on NFTs, allowing users to identify potential risks, fraudulent activity and maintain security.
Dopamine is a crypto investing app for beginners and experts alike, allowing users to access all the information they need (browse all coins, read whitepapers, learn about the team, progress, events, and more), interact with peers, work on DeFi protocols trade and access their favorite crypto tools and projects on.
Others
KEKKAI is a Web3.0 security plugin that detects dangers by analyzing transaction simulations, aiming to eliminate fraud in the growing Web3 space. If users use KEKKAI, they can obtain the risk judgment information provided by it during transactions - if there is an abnormality, KEKKAI will display a risk prompt on the page.
Ingonyama is a next-generation semiconductor company designing accelerators for advanced cryptography. The technology stack accompanying the Ingonyama accelerator will enable programmers to build increasingly complex applications while taking advantage of the privacy and scalability promoted by ZKP.