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Pantera, ParaFi and others buy FTX's Metaplex tokens

This is an excerpt from the tenth edition of The Funding sent to our verified subscribers on September 8. The Funding is a fortnightly newsletter written by Yogita Khatri, The Block’s longest-serving editorial member. To subscribe to the free newsletter, click here.

theblock.co • 09/09/2024 - 15:30 PM

STRATEGIC INVESTMENTS

Layer 1 Quai Network closes $5 million strategic round

Quai Network raised $5 million to enhance engineering, R&D, and community initiatives, launching a devnet to support its proof-of-work blockchain with unique scalability and security features.

theblock.co • 29/08/2024 - 13:05 PM

STRATEGIC INVESTMENTS

Layer 1 Quai Network closes $5 million strategic round

Quai Network has raised $5 million in funding, totaling $15 million, to enhance its blockchain technology and expand its developer teams and community initiatives.

theblock.co • 29/08/2024 - 13:05 PM

STRATEGIC INVESTMENTS

Edge Matrix Chain raises $20 million in funding led by Polygon Ventures, Amber Group

Edge Matrix Chain raises $20 million led by Polygon Ventures for a Layer 1 blockchain focused on AI and GPU-based DeFi asset class, launching a two-month public testnet.

theblock.co • 29/08/2024 - 12:00 PM

Peregrine Exploration raises $3.6 million from Polychain, Dragonfly for restaking-focused stablecoin protocol Level

Peregrine Exploration has announced a $3.6 million funding round co-led by Polychain Capital and Dragonfly. The funds will be used to develop a stablecoin protocol called Level. Level aims to be the first stablecoin protocol backed by restaked dollar tokens.

theblock.co • 29/08/2024 - 12:00 PM

STRATEGIC INVESTMENTS

Edge Matrix Chain raises $20 million in funding led by Polygon Ventures, Amber Group

EMC raised $20M to launch a Layer 1 blockchain for AI apps, introducing a new DeFi asset backed by tokenized Nvidia GPUs and a public testnet incentive.

theblock.co • 29/08/2024 - 12:00 PM

Peregrine Exploration raises $3.6 million from Polychain, Dragonfly for restaking-focused stablecoin protocol Level

Peregrine Exploration has announced a $3.6 million funding round co-led by Polychain Capital and Dragonfly. The funds will be used to develop a stablecoin protocol called Level. Level aims to be the first stablecoin protocol backed by restaked dollar tokens.

theblock.co • 29/08/2024 - 12:00 PM

Solana Optimistic Network raises funds in a 'cobuilder' round without participation from VC firms

SOON raises funds for building a high throughput rollup stack, enhancing scalability for decentralized applications while uniting Solana's power with liquidity from other L1 blockchains.

theblock.co • 27/08/2024 - 13:00 PM

The Funding: Why crypto-AI startups are hot with VCs

Crypto-AI startups are experiencing significant funding and growth, raising concerns about sustainability and genuine value as investors navigate potential risks and rewards in the evolving landscape.

theblock.co • 25/08/2024 - 13:07 PM

STRATEGIC INVESTMENTS

Orderly Network raises $5 million in strategic funding

Orderly Network raised $5 million in funding to enhance DeFi liquidity solutions and support its token generation event, attracting recognition from prominent industry players.

theblock.co • 15/08/2024 - 16:00 PM

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