Fund Raising:

• Delphi Digital Leads $5M Seed Round for lending Protocol ZkLend,Three Arrows Capital 、StarkWare、Alameda Research、MetaCartel DAO、Amber Group、Genesis Block Ventures also invested in the round, the fund will be used to build out its speedy, low-cost lending and borrowing protocol using the Ethereum scaling solution zk-Rollups.

• Crypto Raiders, a NFT role-playing game (RPG) built on the Polygon blockchain, announced a $6 million funding round co-led by DeFiance Capital and  Delphi Digital. Metaverse ecosystem GuildFi, Merit Circle and Yield Guild Games also participated.

• LayerZero Labs today announced that it raised $135 million in a A+ round co-led by Sequoia Capital, FTX Ventures and A16Z and with participation from Multicoin Capital, Coinbase Ventures, PayPal Ventures, Tiger Global, Uniswap Labs, and more. This funding round values LayerZero Labs at $1 billion and will accelerate the development of cross-chain decentralized applications (dApps) powered by LayerZero, a decentralized omnichain interoperability protocol. In September 2021, LayerZero raised $6 million in Series A funding led by Multicoin Capital and Binance Labs, also backed by Sino Global Capital, Defiance, Delphi Digital, Robot Ventures, Spartan, Hypersphere Ventures, Protocol Ventures and Gen Block Capital.

Projects Brief:

• Analyze LayerZero and discuss why it's a trusted model.

• Tally development update，Tally Wallet is a community-driven project, which has always been based on the community as its core competitiveness. Without VC, the Chrome plug-in of Tally Wallet is still in the testing stage. How to shake the status of the little fox wallet? This is the biggest challenge of Tally wallet at present.

• zkSync 2.0: Public Testnet is Live! zkSync is built using Matter Labs' zkRollup technology, combining cutting-edge research in zero-knowledge proofs with on-chain data availability. Earlier this month, the Ethereum L2 zkSync network’s  wallet application Argent also fully opened Layer2 for registration.

Crypto Insight:

• A list of potential narratives I see growing significantly over the coming years.

• The Current Financial Thing from Packy of A16Z.

• Privacy-Protecting Crypto Airdrops with Zero Knowledge Proofs.

***The above are not investment advice, do your own research.  Please follow us on Twitter, Telegram, Discord or subscribe the Newsletter here.