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Crypto trading ecosystem LazyBear completes strategic financing of 4 million USDT

The cryptocurrency trading ecosystem LazyBear announced the completion of a strategic financing of 4 million USDT, with participation from Gogeko Labs, DWF Labs, Shadow Labs, Salad Labs, Bees Network, REI Network, IBIT, Crypto Bullish, SYNBO Protocol, Bazaars, Sypool, Bitcoin Gbox, GemX Crypto, Wikibit, and others. It is reported that LazyBear is a cryptocurrency trading ecosystem for retail traders, committed to providing users with an industry-leading, low-fee, inclusive, and enjoyable trading experience.

Tether Invests $200M in Majority Stake of Brain-Computer Interface Company Blackrock Neurotech

Tether's venture capital division, Tether Evo, has invested $200 million to acquire a majority stake in Blackrock Neurotech, a company that develops medical devices powered by brain signals to aid those impacted by paralysis and neurological disorders. The investment will fund the roll-out and commercialization of the devices and research and development purposes. Tether, the issuer of stablecoin USDT, has recently established four divisions to expand beyond stablecoin issuance and believes in nurturing emerging technologies with transformative capabilities. Paolo Ardoino, CEO of Tether, stated that Blackrock Neurotech's brain-computer-interfaces have the potential to open new realms of communication, rehabilitation, and cognitive enhancement.

Turnkey Raises $15M Series A Funding to Expand Wallet Infrastructure for Crypto Developers

New York-based Turnkey has secured $15m in Series A funding led by Lightspeed Faction and Galaxy Ventures, with participation from Sequoia, Coinbase Ventures, Alchemy, Figment Capital, and Mirana Ventures. The company, founded by the team behind Coinbase Custody, offers a wallet infrastructure that enables developers to build anything that involves a wallet or cryptographic transaction. Turnkey plans to use the funds to expand operations and development efforts, and has already integrated with companies including Alchemy, Dynamic, Goldfinch, Halliday, Thunder Terminal, and Kinto. The product suite offers embedded and smart wallet services, biometric passkey logins, and seamless onboarding experiences for users.

Web3 gaming startup GFAL raises $3.3 million in seed funding

Web3 gaming startup GFAL has raised $3.2 million in seed funding, with investors including Supercell and Mitch Lasky. GFAL successfully launched its GFAL token in Q1 2023, raising $4.4 million, and this seed funding of $3.2 million adds to that round. The token currently has a market value of $52 million. The GFAL team is led by Manel Sort, whose leadership team members have held positions at industry-leading companies such as King Entertainment, Activision Blizzard, Electronic Arts, Netflix, and Digital Chocolate.

Web3 RPG Astra Nova Completes $1 Million Funding

The Web3 RPG game Astra Nova has completed a $1 million financing round with participation from Hashgraph Ventures, Oxbull, MoonEdge, Vision, Kanga, Spicy Capital, Equinox, BTS Labs, Sensei Capital, and others. Astra Nova is supported by Immutable and Hedera Hashgraph, and is built on the Unreal Engine 5 game engine. Currently, it is focused on the Middle East, North Africa, and Asian markets, and its token generation event (TGE) is reportedly planned for the second quarter of 2024.

Stablecoin firm OpenDelta raises $2.5 million

Stablecoin company OpenDelta has raised $2.5 million in seed funding led by 6th Man Ventures. The OpenDelta token USDO will maintain its dollar value by hedging against Bitcoin deposited as collateral by users. The token will not be launched until May.

3D LBS game L3E7 completes nearly $10 million in financing, Spartan Group and SevenX Ventures jointly lead the investment

3D LBS game L3E7 has completed nearly $10 million in financing from 2022 to the end of 2023. Spartan Group and SevenX Ventures jointly led the A-round financing, with other participating institutions including Kekecely (prominent family offices in Silicon Valley), Foresight Ventures, OKX Ventures, Big Brain Holdings, Vertex Ventures, Comma3 Ventures, Meta Labs, Marvellous Creature, Giantwood, Mantle EcoFund, BitValue, Hailstone Labs, LiquidX, Buzzone, and individual investors including Dingaling, Grail, Wilson, Cristian, Skyline, Sam, Web3honey, Elthen, and others. The injection of this financing amount will help L3E7 in improving its own brand, perfecting game development, gaining more incremental users in the web3 and gaming markets through the unique gameplay of LBS games, and providing key financial and industrial resources for L3E7's offline merchant cooperation and IP expansion in the future. Previously, L3E7 had completed an angel round of financing led by Longling Investment and released its Genesis NFT series L3E7 Worlds (hyperlink: https://blur.io/collection/l3e7-worlds). L3E7 is composed of a team with years of experience in 3A game development, with target markets covering multiple countries and regions around the world, including North America, Asia, and Europe. In the future, L3E7 will become a global game product with a large number of users in the Web2 and Web3 gaming player groups, and a multi-dimensional content ecology both online and offline. On April 24th, L3E7 launched its first closed test, attracting a lot of attention from players.

CV Wallet Raises $500K in Angel Funding for Verification Platform in Hiring Process

CV Wallet, a verification platform for job seekers and employers, has raised $500K in Angel funding. The London-based SaaS company plans to use the funds to expand its operations and business reach. CV Wallet leverages Web3 and AI technologies to create trust in the hiring process by enabling job seekers to store proof against their CV/Resume and employers to carry out proof-based screening at the start of the hiring process. The company was co-founded by Beverly Collins and Richard Collins in 2022 and has been valued at over $13m.

Decentralized Hedge Fund NFA Labs Receives $10 Million Investment

Decentralized hedge fund NFA Labs recently partnered with investment fund and asset management company Quantix Capital, receiving a capital commitment of $10 million to develop the ecosystem. The platform aims to bring professionalism and security to the DeFi world of real-world markets. This investment will further improve the NFA platform and expand its global influence, helping NFA Labs achieve its mission of providing accessible, fair, and information-rich resources for cryptocurrency traders.

Creator.bid, a digital content monetization and ownership platform, has raised a new round of financing from Mechanism Capital and others

Creator.bid, a blockchain and AI-driven platform for digital content monetization and ownership, has announced the completion of a new round of financing. Mechanism Capital, Zee Prime Capital, Moonrock Capital, Cogitent Ventures, Momentum 6, ID Theory, NxGen.lens, HV Capital, MH Ventures, SkyVision Capital, MQdao, AlfaDAO, Tempo, and Silvermine Capital participated, with the specific amount undisclosed.It is understood that Creator.bid supports content creators in building AI-driven digital assets to monetize and manage their writing, while also providing tools to enhance creators' autonomy over their work and income.