TrendX

Posted on Apr 09, 2024Read on Mirror.xyz

🚀TrendX Financing Daily News 04/10/2024

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

【1】Mezo

Amount: $21 million

Stages: Series A1

Date: April 9

Investors: Pantera Capital, Hack VC, Draper Associates, Multicoin Capital, Luganodes, Asymmetric, CMS Holdings, Newman Capital, OrangeDAO, Manifold Trading, ParaFi Capital, Decentralized.co, Nascent, Blockchain Coinvestors, Chorus One, Quantstamp, Primitive Ventures, Spirit DAO, Santiago Roel Santos, Dan Held, Tim Draper, DCF GOD, Udi Wertheimer, gainzy, dingaling, David Choi, Luca Netz, Anthony Ramirez, Michael Egorov, Robinson Burkey , GiulioX, Zhuoxun Yin, Grail.eth, Jan Smejkal, Michael Liu, @hash_bender, @Brentsketit, @osf_rekt, Keyboard Monkey, Farokh, @0xfar, ZAGABOND, NFTboi

Category: Infrastructure, Layer2

Description: Mezo is a Bitcoin Layer2 network that gives users access to applications that facilitate the use of Bitcoin tokens, driving a circular Bitcoin economy that is more than just a “savings technology.” Mezo uses the idle Bitcoins of currency holders through the "HODL Proof" points program. The longer the storage time, the greater the "HODL score multiplier" of the contributor.

Website:https://mezo.org/

Twitter:https://twitter.com/mezonetwork

【2】Monad

Amount: $225 million

Stages: Undisclosed

Date: April 9

Investors: Paradigm, Wintermute, Electric Capital, Greenoaks Capital, Castle Island Ventures, eGirl Capital, Amber Group, Archetype, Bankless Ventures, Big Brain Holdings, Bodhi Ventures, Caladan, CMS Holdings, Coinbase Ventures, CoinFund, DBA, Figment Capital, Flow Traders, Galaxy Digital, HTX Ventures, IOSG Ventures, Makers Fund, Manifold Trading, Merit Circle, Mirana Ventures, Nascent, Presto Labs, Robot Ventures, SevenX Ventures, Superscrypt, Animoca Brands, Breed VC, GSR, Hailstone Ventures, Eric Wall, Rune Christensen, Bryan Pellegrino, Luca Netz, Mert Mumtaz, Punk 6529, Robinson Burkey , Ansem, Hsaka, Rebirth Ventures, Hermeneutic Investments, Saquon Barkley, Shoku, Inversebrah

Category: Parallel EVM, Infrastructure, Layer1

Description: Monad is building a high-performance, Layer 1 blockchain for the next generation of decentralized applications. Monad's mission is to accelerate the disruptive force of decentralization by building a blockchain that is 100x to 1000x faster than its nearest competitors. This will alleviate severe bottlenecks in existing blockchains and enable more complex applications and wider adoption.

Additions: Monad raised $ 19 M in Seed round on February 14, 2023

Website:https://www.monad.xyz/

Twitter:https://twitter.com/monad_xyz

【3】Cove Finance

Amount: $3 million

Stages: Undisclosed

Date: April 9

Investors: Electric Capital, Accomplice, Robot Ventures, Daedalus, Richard Ma, Marc Boiron, Justin Reyes , Scott Sunarto, Anthony Beaumont, Mark Lurie, Elliot Friedman, Josh Han

Category: DeFi, Revenue Aggregator

Description: Cove Finance is an automated ERC-4626 yield optimizer built on Yearn V3 and optimized by Gauntlet. Customized with veYFI integration in mind, Cove serves as a liquidity layer for the new vault standard, allowing users to easily deposit USD stablecoins or ETH directly into an optimized, diversified yield vault.

Website:https://www.cove.finance/

Twitter:https://twitter.com/cove_fi

【4】OpenTrade

Amount: $3.2 million

Stages: Seed round

Date: April 9

Investors: a16z Crypto, CMCC Global, Draper Dragon, Ryze Labs, Plassa Capital

Category: DeFi, RWA, Institutional DeFi

Description: OpenTrade provides Web3 treasurers access to on-chain structured financial products backed by investment-grade, real-world financial assets. It sources short-term, investment-grade RWAs through a global network of financial institutions, asset managers, and B2B networks and structures them into yield-bearing, on-chain financial products.

Additions: OpenTrade raised $ 1.5 M in Pre-Seed round on May 4, 2023

Website:https://www.open-trade.io/

Twitter:https://twitter.com/opentrade_io

【5】KIKI World

Amount: $7 million

Stages: Undisclosed

Date: April 9

Investors: a16z Crypto, Double Down, OrangeDAO, 2 Punks Capital, Advancit Capital, Red DAO, New Incubation Ventures

Category: Lifestyle Application

Description: KIKI World is building a future customer-owned beauty platform that provides physical beauty products and on-chain products. Users can vote to choose newly released physical beauty products, including virtual membership passes.

Website:https://www.kiki.world/

Twitter:https://twitter.com/kikiworld\_

【6】Aizel Network

Amount: Undisclosed

Stages: Undisclosed

Date: April 9

Investors: MH Ventures

Category: Infrastructure, Artificial Intelligence

Description: Aizel is an on-chain verifiable AI inference network that empowers blockchains with trustless AI abilities. Aizel intellectualizes blockchains by providing trustless AI abilities on-chain, with Web2-level speed and cost mode currently.

Website:https://aizelnetwork.com/

Twitter:https://twitter.com/aizel_network

About TrendX

TrendX is an AI-driven Web3 trend tracking and intelligent trading one-stop platform, using large language model and AI technology to find market trends, and seamlessly combined with intelligent trading, committed to becoming a new generation of AI trading platform for 1 billion users to enter Web3 to check projects, find hot topics, see trends, primary investment, and secondary trading.

Website: https://app.trendx.tech/

Twitter: https://twitter.com/TrendX_tech