Key financing events

Web3 privacy system Espresso Systems announced the completion of a $28 million Series B round of financing, led by a16z

Web3 infrastructure company Succinct announces $55 million in funding led by Paradigm

Mystiko.Network announces completion of $18 million in seed round financing, led by Peak XV Partners

Ethereum L2 Morph announces completion of $19 million in seed round financing

RWA tokenization project MANTRA announces the completion of US$11 million in financing, led by Shorooq Partners

Figure announces new entity following $60 million in Series A funding

Ethereum L2 network TEN developer Obscuro Labs announced the completion of $9 million in financing, led by R3

Dutch cryptocurrency derivatives exchange D2X announces completion of $10 million in Series A funding

Self-hosted cryptocurrency trading platform Rails announces $6.2 million in seed funding

Moondance Labs announces completion of a $6 million strategic financing round

STAMP ecological project OpenStamp completed seed round financing at a valuation of US$50 million

EarlyFans, a SocialFi project on Blast, raises $1.5 million in seed funding

Asset hedging protocol Umoja announced the completion of a US$4 million seed round of financing, with participation from Coinbase and others

Hybrid on-chain exchange GRVT announced the completion of a US$2.2 million strategic round of financing

Crypto compliance platform Keyring announces $6 million in funding

Fintech company Kemet Trading announces $5 million in funding led by Further Ventures

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