Weekly Funding Update | 12 Projects Received Funding, Total Funding Amount: $145 Million (July 28-August 3)Recommended A

This week’s highlight financings include Billions, a digital identity verification platform, which raised $30 million, and Stable, a new blockchain project built on USDT, which raised $28 million in a seed round.

The following are specific financing events (Note: 1. Sorted by the amount of funds announced; 2. Excludes fund raising and mergers and acquisitions; 3. * indicates companies in “traditional” fields whose businesses are partially involved in blockchain):

Digital identity platform Billions completes $30 million in funding, with participation from Polychain and Coinbase Ventures

On August 1, digital identity verification platform Billions announced the completion of a $30 million financing round, with investors including Polychain, Coinbase Ventures, Polygon, Liberty City Ventures, BITKRAFT Ventures and other institutions.

This round of financing will be used to build the first universal human-AI interaction network. The platform is based on zero-knowledge proof technology and is committed to providing a scalable and secure authentication mechanism to promote trusted interaction between humans and artificial intelligence.

Stable, a blockchain project based on USDT, has raised $28 million in seed funding, led by Bitfinex and Hack VC.

On July 31, Stable, a new blockchain project built around USDT, announced the completion of a $28 million seed round of financing, led by Bitfinex and Hack VC. Other supporters include Franklin Templeton, Castle Island Ventures and KuCoin Ventures, as well as angel investors such as Tether CEO Paolo Ardoino and Braintree founder Bryan Johnson.

Blockchain startup Subzero Labs completes $20 million seed round led by Pantera Capital

On August 2nd, blockchain startup Subzero Labs completed a $20 million seed round led by Pantera Capital, with participation from Variant, Coinbase Ventures, and Susquehanna’s mật mã arm. The company is developing the Rialo blockchain for real-world scenarios, aiming to break through the current limitations of crypto technology, which primarily serves financial speculation.

CoinP.com Completes New Round of $20 Million in Financing

On July 28th, cryptocurrency trading platform CoinP announced the completion of a new $20 million funding round, led by the Abu Dhabi Sovereign Wealth Fund and including several traditional enterprises. CoinP founder Joe Lu stated that the funds raised will be used entirely for platform technology upgrades and global business expansion, further strengthening its competitiveness as a technology-based trading platform in the crypto trading ecosystem. CoinP is reportedly ranked 27th globally on Feixiaohao.

Decentralized AI infrastructure company Manifold completes $10.5 million Series A funding round led by OSS Capital

On July 30th, Manifold, a decentralized AI infrastructure company, announced it had secured $10.5 million in Series A funding to accelerate the development of its decentralized AI cloud platform, Targon. The round was led by OSS Capital, with participation from prominent investors including Digital Currency Group, Tobias Lütke, Ram Shriram, Zachary Smith, Jacob Steeves, Ala Shaabana, and Logan Kilpatrick.

AI computing economy platform GAIB completes $10 million in strategic financing, led by Amber Group

On August 1, GAIB, an AI computing economic layer platform, announced the completion of a $10 million strategic financing round, led by digital asset company Amber Group and participated by several Asian investors.

Payment service provider Due completes $7.3 million seed round of financing, led by Speedinvest

On July 31, payment service provider Due completed a US$7.3 million seed round of financing, led by Speedinvest, with participation from Semantic Ventures, Fabric Ventures, Strobe Ventures and Polymorphic Capital.

Encrypted data collaboration platform TACEO completes $5.5 million seed round of financing, led by Archetype VC

On July 31, the encrypted data collaboration platform TACEO announced the completion of a $5.5 million seed round of financing, led by Archetype VC, with participation from a 16 z CSX, Cyber.Fund, a_capital and Polymorphic Capital.

Crypto derivatives exchange D2X completes €4.3 million strategic round of financing, with participation from Circle Ventures and others

On July 29, Amsterdam-based crypto derivatives exchange D2X announced the completion of a €4.3 million strategic round of financing, with participation from Circle Ventures, CMT Digital, Canton Ventures, Point 72 Ventures, Tioga Capital, GSR, and Fortino Capital. D2X reportedly holds a multilateral trading facility (MTF) license under the EU MiFID II framework. It recently launched dollar-denominated Bitcoin and Ethereum futures contracts and plans to launch related options products.

Blockchain gaming project ARIA completes $5 million in financing, led by Folius Ventures and others

On July 31st, blockchain gaming project ARIA announced the completion of a $5 million funding round led by Folius Ventures, The Spartan Group, and Beam Foundation, with participation from Animoca Brands and Galaxy Gaming. Officials stated that this round of funding will accelerate the development of next-generation Web 3 games with AAA gaming experiences and fuel global expansion plans.

Pear Protocol Completes $4.1 Million in Strategic Round of Funding, Led by Castle Island Ventures

On July 28, crypto pair trading platform Pear Protocol announced the completion of a $4.1 million strategic round of financing, led by Castle Island Ventures, with participation from Compound VC, Florin Digital, and Sigil Fund. The platform is reportedly natively integrated with Hyperliquid’s perpetual contract order book.

Crypto trading platform Kuvi.ai completes $700,000 in seed funding, led by Moon Pursuit Capital

On August 3, AI-driven cryptocurrency trading platform Kuvi.ai announced the completion of a $700,000 seed round of financing, led by Moon Pursuit Capital and participated by Transform Ventures investor Michael Terpin and others. The valuation reached $30 million. The company aims to use the new funds to support its message-based trading platform, simplifying the cryptocurrency trading interface in a conversational manner.

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The information, opinions and judgments on markets, projects, currencies, etc. mentioned in this report are for reference only and do not constitute any investment advice. BTC price trend daily This week, BTC opened at $109,217.98 and closed at $119,130.81, up 9.08%, with a high of $119,500 and a low of $105,119.70, an amplitude of 11.04%, and trading volume increased moderately. In last week’s weekly report, we mentioned that “some positive changes are also taking place. After being silent for more than a month, the activity of on-site funds has begun to increase. This increase may resonate with off-site funds and push BTC to start the fourth wave of this bull market.” This week, the strong buying power resonance between on-site funds and off-site funds in the BTC Spot ETF channel…