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Posted on Nov 16, 2023Read on Mirror.xyz

🚀veDAO Financing Daily News 11/17/2023

Provide the latest and most complete industry financing news, get first-hand news, please pay attention to veDAO financing daily!

【1】Beoble

Amount: $2 million

Stages: Pre seed round

Date: November 15

Investors: DCG, Samsung Next, HashKey Capital, GBV Capital, Token Bay Capital, Momentum 6

Category: Infrastructure, Developer Platform

Description: Beoble is a social module with an API and SDK for Web 3.0. It enables Web 3.0 services to quickly and easily integrate social functionalities such as profiles, messaging, posting and feeds into their services in just five minutes.

Website:https://www.beoble.io/

Twitter:https://twitter.com/beoble_official

【2】Hinkal

Amount: $4.1 million

Stages: Undisclosed

Date: November 16

Investors: Draper Associates, NGC Ventures, Aquanow, No Limit Holdings, Psalion VC, OrangeDAO, Draper Dragon, Web3.com Ventures, Quantstamp, ODOS, SLVC, Superblock

Category: Privacy

Description: Hinkal is a ZK-based solution that provides a private smart contract wallet experience, allowing users to participate in their favorite dApps directly from their private addresses without the need to withdraw assets for obfuscation. Hinkal enables privacy of transactions and assets across core DeFi apps and functions, including trading, farming, staking, and lending through the use of stealth addresses and with high degree of compliance.

Website:https://hinkal.pro/

Twitter:https://twitter.com/hinkal_protocol

【3】Union

Amount: $4 million

Stages: Seed round

Date: November 16

Investors: Galileo, Semantic Ventures, Tioga Capital, Nascent, Lightshift Capital, Chorus One

Category: Infrastructure, zk

Description: Union is a zero-knowledge infrastructure layer for general message passing, asset transfers, NFTs, and DeFi. It's based on consensus verification and has no dependencies on trusted third parties, oracles, multi-signatures, or MPC.

Website:https://union.build/

Twitter:https://twitter.com/union_build

【4】Rho Protocol

Amount: $2.2 million

Stages: Pre seed round

Date: November 16

Investors: Speedinvest, Keyrock, Re7 Capital, Daedalus, Dmitry Tokarev

Category: DeFi, Derivatives, Fixed Rate

Description: Rho Labs is constructing a non-custodial, institutional-grade interest rate derivatives market, fostering secure and transparent on-chain trading for both crypto-specific rates, like staking and funding rates, and traditional rates.

Website:https://www.rho.trading/

Twitter:https://twitter.com/Rho_xyz

【5】Taproot Wizards

Amount: $7.5 million

Stages: Undisclosed

Date: November 16

Investors: Standard Crypto, Geometry, Collider Ventures, StarkWare, Bitcoin Frontier Fund, Newman Capital, UTXO Management, Masterkey

Category: Bitcoin Ecosystem

Description: Taproot Wizards is a Bitcoin-focused Ordinals project that was inspired by the original Bitcoin wizard Reddit meme from a decade ago.

Website:https://taprootwizards.com/

Twitter:https://twitter.com/TaprootWizards

About veDAO

veDAO is a one-stop platform for web3 trend tracking & intelligent trading driven by AI. It combines the market phenomena presented by big data analysis with the massive trading liquidity and is committed to creating a web3 AI exchange that would be beneficial for both Web2 and Web3 users to trade and invest.

veDAO has an industry-leading AI large language model composed of on-chain analysis and sentiment indicators, providing users with active data support. Integrated by intelligent, fast, safe, and real-time monitoring AI trading function design, as of now, the number of highly active users has exceeded 37,000, with over 22,000+ Twitter KOLs, also onboarded 180+ professional organizations belonging to the veDAO expert committee. The platform listed exceeds 8,300+, with 220+ talent scouts continuously adding Web3 projects.

veDAO upgrades products at a bi-weekly rate, determined to build a bridge from Web2 to Web3, and serves all domain users to check projects, see trends, and find both alpha primary investments and secondary trading.

Website: https://app.vedao.com/

Twitter: https://twitter.com/vedao_official

Telegram: https://t.me/veDAO_EN

Discord: https://discord.gg/NEmEyrWfjV