Today’s primary market investment and financing

Alkimiya, a computing power structuring protocol, has raised $7.2 million in financing, led by 1kx and Castle Island Ventures, with participation from Coinbase Ventures and others. The funds will be mainly used to expand its team as it prepares to launch a complete product suite in the first quarter of this year , including Vault products and the ETH staking contract on the Ethereum mainnet.

Web3 cultural heritage protection platform Quantum Temple completed a $2 million Pre-Seed round of financing. Borderless Capital led the investment, with participation from Algorand Foundation, Shima Capital, and a group of angel investors.