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Financing

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.

Creator.bid, a digital content monetization and ownership platform, completes new round of financing, with participation from Mechanism Capital and others

Creator.bid, a digital content monetization and ownership platform based on blockchain and AI, 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 in the investment, and the specific amount has not been disclosed. Creator.bid supports content creators in building AI-driven digital assets to monetize and manage their writing, and also provides tools to enhance the author's autonomy over their work and income management.

Bitcoin L2 project BEVM announces investment from Bitmain

Bitcoin L2 project BEVM announced that it has received investment from Bitmain to explore more possibilities for Bitcoin L2 and Bitcoin ecology. It is reported that BEVM has launched its mainnet at the end of March.

Earlier, BEVM announced on X platform that it had completed seed round financing and part of its Series A financing, with a financing amount of tens of millions of US dollars. Nearly 20 institutions, including ArkStream Capital, RockTree Capital, Waterdrip Capital, ViaBTC Capital, Satoshi Lab, Web3port, Cogitent Ventures, MH Ventues, Mapleblock, Electrum Capital, Zephyrus Capital, Lotus Capital, 7UPDAO, and TimeTells, participated in the investment, with a post-investment valuation of 200 million US dollars.

CARV announces completion of $10 million Series A financing, with OKX Ventures participating

CARV announced the completion of a $10 million Series A financing round, led by Tribe Capital and IOSG Ventures. Consensys, OKX Ventures, Fenbushi Capital, No Limit Holdings, Draper Dragon, Arweave, ARPA, MARBLEX, and others participated in the round. The aim is to build the largest modular data layer for gaming and artificial intelligence, and to maximize data innovation while ensuring that individual users can derive value from internet sharing.Jeff Ren, partner at OKX Ventures, said, "CARV's revolutionary approach is reshaping the way we manage decentralized data. Its modular cross-chain protocol and ID aggregation solution cultivate data sovereignty and integrity while emphasizing security and efficiency. We are excited about this collaboration and look forward to seeing how OKX Web3 products can better collaborate with CARV's advanced cross-chain data layer."

DePIN project Natix completes $4.6 million financing

DePIN project Natix has announced the completion of a $4.6 million financing round, led by Borderless Capital and Tioga Capital, with participation from Laser Digital, Big Brain Holdings, Escape Velocity, IoTeX, WAGMI Ventures, Moonrock Capital, under Nomura Securities (Nomura), as well as a group of angel investors. Natix is a DePIN project focused on map data, and is reportedly about to release tokens and airdrops on Solana.

Movement Labs raises $38m to enhance Ethereum ecosystem with Facebook's Move Virtual Machine

San Francisco-based blockchain development team, Movement Labs, has raised $38m in Series A funding led by Polychain Capital and featuring participation from a range of investors. The funds will be used to bring Facebook’s Move Virtual Machine to Ethereum, addressing smart contract vulnerabilities and enhancing transaction throughput. Movement Labs aims to tackle smart contract vulnerabilities within the Ethereum ecosystem while introducing a novel execution environment designed for 30,000+ transactions per second.