Cointime

Download App
iOS & Android

Modular blockchain sophon completed US$10 million in financing, with participation from OKX Ventures and others

According to official sources, modular blockchain Sophon has completed a $10 million financing round, with participation from Paper Ventures, Maven 11, The Spartan Group, SevenX Ventures, OKX Ventures, HTX Ventures, and others. Currently, there is no other detailed project information available.

Comments

All Comments

Recommended for you

  • SoftBank Group to invest 10 trillion yen in "AI revolution"

    SoftBank Group (SBG) Chairman and CEO Masayoshi Son's "AI revolution" has begun. SoftBank Group plans to expand its business into industries such as data centers, robots, and power generation using AI semiconductors as a breakthrough. The expected investment amount could reach up to 10 trillion yen (approximately RMB 464.09 billion). American companies such as Microsoft are also making huge investments in the AI field, indicating a trend of global tech giants entering this growing field. (Nikkei News)
  • Interpol Nigeria boosts cybersecurity with virtual asset training

    The training will enable officers to effectively address cybercrimes involving virtual assets, particularly stablecoins.
  • JPMorgan’s Onyx to industrialize blockchain PoCs from Project Guardian

    Traditional firms like JPMorgan and WisdomTree are seeking to turn Project Guardian’s blockchain proofs-of-concept into scalable financial products.
  • Franklin Templeton CEO says all ETFs and mutual funds will be on blockchain

    She also warned that generative artificial intelligence was like the “kid that got an ‘F’ in math.”
  • OKX Ventures invests in Web3 ‘play ARPG to train AI’ game Blade of God X

    The game is currently available in early access on the Epic Games Store.
  • Bitcoin volatility plunges below Tesla, Nvidia stocks amid $100K price prediction

    Lower Bitcoin market volatility often precedes significant bull runs, suggesting that the current trend could propel prices toward the $100,000 to $150,000 range.
  • State of Venus Q1 2024

    Venus (XVS) is a decentralized finance platform built on the BNB chain, offering a robust money market protocol for the crypto community. At its core, Venus enables users to deposit various cryptoassets, which can then be borrowed. Venus employs a unique algorithmic approach unlike traditional financial systems, where central entities often set interest rates. The interest rates for borrowing and lending on Venus are dynamically adjusted based on a jump rate model and whitepaper rate model. These models leverage the utilization ratio, which is the proportion of deposited assets that have been borrowed.
  • State of Aptos Q1 2024

    Aptos (APT) is a Layer-1 blockchain designed around the core tenets of scalability, safety, reliability, and upgradeability. Aptos was born out of Meta’s Diem and Novi projects, eventually launching in October 2022. Core developer Aptos Labs raised about $400 million in two 2022 private investor rounds.
  • How To Get Polygon Amoy Testnet MATIC and LINK Tokens

    Polygon Amoy is a testnet that allows developers to deploy, test, and optimize their smart contracts before deploying them on mainnet. This enables them to get their dApp user-ready without having to pay for gas on mainnet. Instead, they can power transactions with free testnet MATIC.
  • Web3 startup Star Nest completes $6 million in Pre-A round of financing

    Hong Kong Web3 music startup Star Nest announced that it has completed a $6 million Pre-A round of financing, led by Chuangqi International Limited, a wholly-owned subsidiary of Hong Kong Stock Exchange-listed company Guofu Innovation. Star Nest will collaborate with Armonia Meta Chain to develop the Star Nest SpaceStar metaverse game, which includes music, role-playing, and social features.In addition, Star Nest plans to launch its NEST project in the third quarter of 2024. Nest will receive 2.1 billion NEST tokens tailored for the project, and Star Nest will use the NEST token to build a more complete music industry token economic system. The NEST token will be widely used for purchasing performance tickets, chain game cooperation, metaverse consumption, governance voting, and other activities.