TrendX

Posted on Jun 06, 2024Read on Mirror.xyz

🚀TrendX Financing Daily News 06/07/2024

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

【1】The Sandbox

Amount: $20 million

Stages: Undisclosed

Date: June 6

Investors: Animoca Brands, Kingsway Capital, True Global Ventures, LG Technology Ventures

Category: Metaverse

Description: The Sandbox is a decentralized, community-driven gaming ecosystem. Creators can share and monetize voxel assets and gaming experiences on the Ethereum blockchain.

Additions:The Sandbox raised $ 93 M in Series B round on November 2, 2021;The Sandbox raised $ 2.1 M in funding round on March 20, 2020;The Sandbox raised $ 2.5 M in funding round on May 23, 2019

Website:https://www.sandbox.game/

X:https://x.com/thesandboxgame

【2】Glacier Network

Amount: $8 million

Stages: Undisclosed

Date: June 6

Investors: Foresight Ventures, UOB Venture, Signum Capital, Mask Network, Laser Digital, Kucoin Ventures, Founderheads, Candaq Fintech Group, DCI Capital Polkastarter, Dewhales Capital, Open Digital Infrastructure Group, Contribution Capital, Aza ventures

Category: Infrastructure, Developer Platform, Arweave Ecology

Description: Glacier is building a fully permissionless and scalable NoSQL database for Web3 Dapps. It will utilize the Arweave Log Data (ALD) based Storage-Consensus Paradigm (SCP) to securely store, share, and host user-siloed data sets at scale.

Additions: Glacier Network raised $ 2.9 M in Seed round on November 13, 2023

Website:https://www.glacier.io/

X:https://x.com/Glacier_Labs

【3】Bitstamp

Amount: $200 million

Stages: M&A

Date: June 6

Investors: Robinhood

Category: CeFi, CEX

Description: Bitstamp is a global crypto exchange providing a safe and reliable platform where anyone can exchange traditional currencies for a range of the world's leading cryptocurrencies. Since 2011, Bitstamp has earned the trust of over four million individuals and financial institutions.

Additions: Bitstamp raised $ 10 M in funding round on November 1, 2023

Website:https://www.bitstamp.net/

X:https://x.com/Bitstamp

【4】odysee

Amount: Undisclosed

Stages: M&A

Date: June 6

Investors: Forward Research

Category: Social

Description: Odysee is a blockchain-based media platform hosts all kinds of media such as images, articles, PDFs, audio files, etc., and is best known for hosting videos.

Website:https://odysee.com/

X:https://x.com/OdyseeTeam

【5】XOCIETY

Amount: $7.5 million

Stages: Series A

Date: June 6

Investors: Hashed, Sui / Mysten Labs, Spartan Group, Big Brain Holdings, LiquidX, Taisu Ventures, Mozaik Capital, A41, Neoclassic, KRAFTON

Category: Game, Shooting Game

Description: XOCIETY is a gaming metaverse that combines the best of science fiction and fantasy in a unique third-person shooter and MMORPG hybrid. Players can actively participate and own avatars and land NFTs, enabling them to fully immerse themselves in the virtual world and help shape its future, while being rewarded for their efforts.

Website:https://xociety.io/

X:https://x.com/xocietyofficial

【6】Mountain Protocol

Amount: $8 million

Stages: Series A

Date: June 6

Investors: Multicoin Capital, Coinbase Ventures, Castle Island Ventures, Bankless Ventures, Borderless Capital, Aptos, Wormhole, Department of XYZ

Category: DeFi, Stablecoin Protocol

Description: Mountain Protocol allows Primary users (users with an approved Mountain Protocol account) to purchase and redeem USDM at a pegged value of $1. It allows users to gather digital asset wallet addresses and wire details to fund their accounts. All funds in the platform are auto-converted to USDM once settled. The USDM balance can be withdrawn via direct transfer to an allowed EOA in USDM or USDC or to a bank in USD.

Website:https://mountainprotocol.com/

X:https://x.com/MountainUSDM

【7】K3 Labs

Amount: Undisclosed

Stages: Pre seed round

Date: June 6

Investors: Finality Capital Partners, Blockchain Founders Fund, Aztlan Capital

Category: Infrastructure, Developer Platform

Description: K3 Labs is bringing a combination of kubernetes and template-driven, web-service deployment to Web3. It supports developers to easily design and deploy business workflows and applications that utilize the power of decentralized computing, storage, and execution. The K3 Stateless Rollup Framework allows developers to self-deploy (1) custom computational services over trustless execution environments and (2) a network of Operators that run arbitrary tasks.

Website:https://www.k3-labs.com/

X:https://x.com/k3_labs

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