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【1】BitSmiley
Amount: Undisclosed
Stages: Strategic Financing
Date: March 4
Investors: Kucoin Ventures
Category: DeFi, Lending, Bitcoin Ecosystem
Description: BitSmiley is the MakerDAO+Compound of the Bitcoin ecosystem, providing a comprehensive solution for Bitcoin DeFi by addressing the most significant gaps in the current Bitcoin ecosystem — stability coins and lending infrastructure. In addition to offering stable coins in bitRC20 format, over-collateralized by BTC, BitSmiley also facilitates peer-to-peer lending based on BRC20. Furthermore, it has established insurance and CDS derivatives built on the lending framework.
Website：https://www.bitsmiley.io/
Twitter：https://twitter.com/bitsmiley_labs
【2】Orbit Protocol
Amount: Undisclosed
Stages: Strategic Financing
Date: March 4
Investors: Manifold Trading
Category: DeFi, Lending
Description: The Orbit protocol is a decentralized lending protocol on the Blast network designed to enhance the lending experience with Blast's native revenue. It aims to introduce a competitive method of income generation by creating a money market for lenders and borrowers by leveraging Blast assets.
Website：https://orbitlending.io/
Twitter：https://twitter.com/OrbitLending
【3】Privasea
Amount: $5 million
Stages: Seed round
Date: March 4
Investors: Binance Labs, MH Ventures, Gate Labs, K300 Ventures, Zephyrus Capital, Duckdao, Dewhales Capital, Oxbull, Basics Capital, 1NVST, QB Ventures
Category: Infrastructure, DePIN, Artificial Intelligence
Description: Privasea is a decentralized AI network that enables the circulation of data_value by FHEML. The Network provides distributed computing resources for the FHE AI operations. The whole system is supported by ZAMA’s concrete ML and incentive crowdsourcing by $PRVA tokens.
Website：https://www.privasea.ai/
Twitter：https://twitter.com/Privasea_ai
【4】MirrorL2
Amount: Undisclosed
Stages: Seed round
Date: March 4
Investors: UTXO, Conflux, IMO Ventures
Category: Bitcoin, Layer2
Description: Mirror L2 is a decentralized Proof of Stake (POS) BTC L2 compatible with EVM and smart contract while utilizing BTC as GAS. In the first step, Mirror Channel completes the staking of BTC L1 assets and maps them to L2, allowing BTC assets to move freely between the BTC L1 and L2 networks. In the second step, BTC assets can interact with various EVM-compatible DApps on the Mirror L2, utilizing BTC as GAS.
Website：https://mirrorl2.com/
Twitter：https://twitter.com/Mirror_L2
【5】CredShields
Amount: $1 million
Stages: Strategic Financing
Date: March 1
Investors: Draper Associates
Category: Security
Description: CredShields is a cybersecurity firm dedicated to advancing Web3 security. Founded by cybersecurity experts Shashank and Indranil Roy, the company specialises in developing solutions to protect digital assets and ensure the integrity of blockchain-based transactions.
Website：https://credshields.com/
Twitter：https://twitter.com/CredShields
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