（Cointime 17th,May）CoinCatch, a cryptocurrency exchange platform, has secured investment and support from ABCDE Capital, a $400M fund that invests in Web3 builders. The investment will help CoinCatch bring innovation to the cryptocurrency exchange industry and accelerate its growth. CoinCatch aims to provide a secure and user-friendly platform for buying, selling, and trading cryptocurrencies.

The BeWater Web3 Innovation Challenge is worth paying attention to for all Chinese entrepreneurs who are passionate about Web3.

In Q1, ABCDE team has Looked at more than 100 projects and tried the water temperature. There are several tracks that are particularly hoy, including Appchain, ZK, and Gaming.

ABCDE Capital has launched Moss, an open-source developer scaffolding tool library. The library's first tool is the Sequencer stress test tool, which can perform stress tests on Layer 2, Layer 3, and ZK EVM projects.

ABCDE Capital has released the open-source parallel Sequencer verification project, paraSequencer, which is designed to improve the performance of Geth-based Layer2, ZKRollup, and ZKevm projects through parallel processing, Cointime reported.

Cysic is a leading ZK-hardware acceleration project dedicated to designing advanced ASIC chips to reduce ZK proof generation time for zk-based systems. Cysic has assembled a top-notch hardware design R&D team and completed the FPGA-based POC design work.

NFEX is an NFT perpetual exchange. By providing derivatives instruments, it provides NFT players with hedging, clearing and risk management capabilities. The platform is committed to becoming the largest NFT liquidity center.

NFEX has completed a $3 Million seed round led by ABCDE Capital and included investment from other well-known institutions including Amber Group and Firestone Ventures.

NFEX has completed a $3 Million seed round led by ABCDE Capital and included investment from other well-known institutions including Amber Group and Firestone Ventures. NFEX strives to build the best derivative NFT market, creating new opportunities to attract greater liquidity to the NFT marketplace.

ABCDE has led the investment in Elven in the Seed round, followed by Eastern Bell Capital.