TrendX

Posted on May 09, 2024Read on Mirror.xyz

🚀TrendX Financing Daily News 05/10/2024

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

【1】Telos

Amount: $1 million

Stages: Strategic Financing

Date: May 8

Investors: Presto

Category: Infrastructure, Layer1

Description: Telos is a decentralized blockchain ecosystem launched in 2018 without any ICO or VC funding that includes Telos EVM, the world’s fastest EVM, and Telos Zero, a high-speed native consensus layer. An upcoming hardware-accelerated zkEVM Layer 2 on Ethereum is also in development and will be powered by SNARKtor, a scalable and robust protocol for decentralized recursive proof aggregation that aims to enhance data protection and scalability for global use cases. Telos launched its mainnet in December 2018.

Additions: Telos raised $ 8 M in funding round on November 9, 2021

Website:https://telos.net/

Twitter:https://twitter.com/HelloTelos

【2】Bladerite

Amount: $12 million

Stages: Seed round

Date: May 9

Investors: HashKey Capital, Signum Capital, UOB Venture, Infinity Ventures Crypto, Blizzard Fund, Solana Foundation, Emoote, Krust Universe

Category: Game

Description: Bladerite is a MOBA and Battle Royale gaming combined with Web3 technology. Free-to-play, cold weapon-focused battle royale game where players compete in a wasted land battle arena and battle for a considerable amount of rewards.

Website:https://www.theseeds.io/

Twitter:https://twitter.com/blade_rite

【3】DLC.Link

Amount: Undisclosed

Stages: Undisclosed

Date: May 9

Investors: Cryptogram Venture (CGV)

Category: Cross-Chain Bridge, Bitcoin Ecology

Description: DLC.Link is building infrastructure to enable smart contract settlement on native Bitcoin, with the initial use cases focusing on currency hedging and lending. They are creating a bridge and network that will enable a secure and decentralized way for smart-contracts to work with native Bitcoin without the need to send it to another party or blockchain (i.e. no need to "wrap" the BTC).

Additions: DLC.Link raised $ 2 M in Pre-Seed round on October 2, 2023

Website:https://www.dlc.link/

Twitter:https://twitter.com/dlc_link

【4】Zeal

Amount: $2 million

Stages: Undisclosed

Date: May 9

Investors: Gnosis

Category: Infrastructure, Wallet

Description: Zeal is a self-custody crypto wallet for managing web3 needs across all EVM networks and apps. Track tokens, DeFi positions, and NFTs with ease. Zeal helps users do everything you can on other wallets, scanners, and web3 apps, all in one place.

Website:https://www.zeal.app/

Twitter:https://twitter.com/withzeal

【5】UXUY

Amount: $8 million

Stages: Undisclosed

Date: May 9

Investors: Binance Labs, Bixin Ventures, CMS Holdings, NGC Ventures, GSR, Comma3 Ventures, GBV Capital, UTXO Management, YBB Foundation, SWC Global, Matrix Partners, Dewhales Capital, Web3Vision, Pentos Ventures, Metalpha, JDI Global, SatoshiLab, Alti5

Category: BRC-20, NFT, Ordinals

Description: UXUY is a next-generation decentralized multi-chain trading platform based on MPC wallet. UXUY actively participates in the construction of the Bitcoin Layer2 ecosystem, fully integrates into the Bitcoin Lightning Network and Taproot ecosystem, provides users with lightning address DID services, and becomes an important bridge connecting the Bitcoin and Ethereum ecosystems. As a decentralized multi-chain trading platform, UXUY provides traders with instant cross-chain trading services for Coin,Tokens, and inscriptions between public chains by establishing a uPool.

Additions: UXUY raised $ 3.2 M in Seed round on April 11, 2023

Website:https://uxuy.com/

Twitter:https://twitter.com/uxuycom

【6】AgriDex

Amount: $5 million

Stages: Undisclosed

Date: May 9

Investors: Endeavor Capital, African Crops Limited, Oldenburg Vineyards, Hank Oberoi

Category: RWA

Description: Agridex is a Solana Backed RWA Marketplace Reshaping the Global Agricultural Industry. It offers players in the agriculture industry a transparent and integrated marketplace with its own internal economics, utilizing Fiat-on-Chain, smart contracts, and participation vetting, AgriDex offers a wholly compliant, streamlined solution to agricultural supply chain management.

Website:https://agridex.com/

Twitter:https://twitter.com/AgriDexPlatform

【7】Arcium

Amount: $5.5 million

Stages: Strategic Financing

Date: May 9

Investors: Greenfield, Coinbase Ventures, L2IV, Heartcore Web3, LongHash Ventures, Staking Facilities, SMAPE Capital, Everstake Capital, Anatoly Yakovenko, Keone Hon

Category: Infrastructure, Privacy

Description: Arcium is a parallelized confidential computing network. It provides developers and applications with a trustless, verifiable, and efficient framework to run encrypted computations. Arcium aims to bring confidentiality to every on-chain application and become the global computing network for the decentralized internet. Multiparty computation eXecution Environments (MXEs) are the backbone of the Arcium Network. They combine Multiparty Computations (MPC), Fully Homomorphic Encryption (FHE), Zero-Knowledge Proofs (ZKPs), and more to enable encrypted computations.

Additions: Arcium raised $ 3.5 M in strategic financing on November 4, 2022

Website:https://arcium.com/

Twitter:https://twitter.com/ArchNtwrk

【8】

【8】Elys Network

Amount: Undisclosed

Stages: Undisclosed

Date: May 9

Investors: Cogitent Ventures

Category: DeFi, Infrastructure, Layer1

Description: Elys Network is an oracle-based Decentralized Perpetual Trading and Leverage Lending platform, featuring ETF style multi-asset Index Pools. Highly Scalable, Interoperable and Secure with premier UX, high TPS and low Transaction Fees. Elys Network aims to be Cosmos Hub’s PerpDex and All-In-One Defi consumer chain.

Website:https://elys.network/

Twitter:https://twitter.com/elys_network

【9】Glacis

Amount: $2.1 million

Stages: Seed round

Date: May 9

Investors: Arrington Capital, Paper Ventures, Bitscale Capital, Edessa Capital, Protagonist, Collin Myers, Felix Lutsch, Lucas Kozinski, Steven Kokinos, Richard Malone, Marin Tvrdić, Jay Thakrar, Justin Stables, @jai_prasad17, @LukeYoungblood, @theAlbertoV19, @fjagosti

Category: Infrastructure, Cross-Chain Communication

Description: Glacis is a protocol that empowers developers to simplify, secure, and manage their cross-chain applications. Developers are shifting from single chain to multichain deployments to reach as many users as possible. By leveraging Glacis to aggregate cross-chain General Messaging Passing protocols (GMPs) such as Axelar, Wormhole, and LayerZero — commonly known as bridges — developers gain the ability to define routing and security logic for their cross-chain applications.

Website:https://glacislabs.com/

Twitter:https://twitter.com/glacislabs

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