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Posted on Oct 06, 2023Read on Mirror.xyz

🚀veDAO Financing Daily News 10/07/2023

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

【1】Fairblock Network

Amount: $2.5 million

Stages: Pre Seed Round

Date: October 05

Investors: Galileo, Lemniscap, Robot Ventures, GSR, Chorus One, DoraHacks, Reverie

Category: Infrastructure, MEV, Privacy

Description: Fairblock can be used for front-running protection, private limit orders/intents, private voting/governance, sealed-bid auctions, randomness generation, and censorship-resistant sequencers in the Cosmos and soon in the Ethereum ecosystem, modular ecosystem (Celestia), Layer 2s (Optimism, Scroll, Eclipse), and cross-chain infrastructures and applications (Axelar, Squid) to protect the contents of the transactions before execution. Our goal/value is empowering users and protocols with the optional freedom of encrypting their transactions in order to protect them against various forms of malicious strategies and enable decentralized applications which are not previously possible.

Website:https://www.fairblock.network/

Twitter:https://twitter.com/fair_block

【2】Burnt

Amount: Undisclosed

Stages: Strategic Financing

Date: October 05

Investors: Circle Ventures

Category: Infrastructure

Description: Burnt is evolving the future of Web3 with the introduction of XION, the first chain purpose-built for consumer adoption. XION is intended to remove technical crypto barriers for consumers, providing a toolkit that includes seamless fiat on/off ramps, direct credit card purchases, familiar Web2 logins, safe account abstraction for mobile support, and zero gas fees.

Additions: Burnt raised $ 8 M in Series A round on January 17, 2022;Burnt raised $ 3 M in Seed round on May 6, 2021

Website:https://burnt.com/

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

【3】Ostium

Amount: $3.5 million

Stages: Undisclosed

Date: October 05

Investors: General Catalyst, Balaji Srinivasan, Susquehanna International Group, Shiliang Tang, Neel Somani, Jai Prasad, Alliance DAO, LocalGlobe, David Chen David Chen

Category: DeFi, Derivatives, Synthetic Assets

Description: Ostium is a synthetic asset protocol that enables institutional and retail traders and hedgers to gain exposure to commodities on-chain.

Website:https://www.ostium.io/

Twitter:https://twitter.com/ostiumlabs

【4】DigiShares

Amount: $2 million

Stages: Undisclosed

Date: October 03

Investors: Undisclosed

Category: Infrastructure, Tokenization Platform

Description: DigiShares provides a white-label platform for tokenization, i.e., the issuance, corporate management, and trading of securities in the form of tokens on the blockchain (tokenized securities / security tokens).The platform is primarily used for large physical assets, such as real estate, solar, wind, infrastructure, etc.

Website:https://digishares.io/

Twitter:https://twitter.com/DigiSharesDK

【5】L1 Advisors

Amount: $1.6 million

Stages: Pre Seed Round

Date: October 04

Investors: VanEck

Category: On-chain Wealth, Asset Management

Description: L1 Advisors is building the future of wealth management and financial advice. They believe that enabling financial professionals to work with crypto-native individuals and institutions is a necessary step for crypto and its participants to thrive.

Website:https://l1advisors.com/

Twitter:https://twitter.com/l1advisors

【6】Hadean

Amount: Undisclosed

Stages: Strategic Financing

Date: October 05

Investors: Yuga Labs

Category: Infrastructure, Metaverse

Description: Hadean provides the infrastructure and computational power that allows you to build, run and monetise the Metaverse. Powering immersive user experiences, Hadean's open, scalable infrastructure dynamically connects audiences across the world.

Website:https://hadean.com/

Twitter:https://twitter.com/hadeaninc

About veDAO

veDAO is an AI-powered Web3 investment decision platform that utilizes sentiment indicators and on-chain/off-chain metrics for big data analysis, uncovering trends and accurately capturing Alpha. By creating AI advisors, it assists users in making efficient investment decisions.

Website: https://app.vedao.com/

Twitter: https://twitter.com/vedao_official

Telegram: https://t.me/veDAO_EN

Discord: https://discord.gg/NEmEyrWfjV