Tokens that recently completed TGE: https://www.rootdata.com/Market?type=3

[New Fundraising] Peak XV and HongShan have co-led a $10 million seed investment in KAST

KAST is a cryptocurrency card for stablecoin and cryptocurrency spending, designed for individuals who want to save, earn and spend on-chain.

More about KAST: https://www.rootdata.com/Projects/detail/KAST?k=MTQ0OTI%3D

Source: https://techcrunch.com/2024/12/11/kast-stablecoin-neobank-hongshan-peak-xv/

[New Fundraising] Haun Ventures and Dragonfly Capital have co-led a $9 million funding round for Commonware

Commonware is building an open, Rust-based blockchain framework architected for excessive throughput, tractable modification, and embedded interoperability. Like the Cosmos-SDK, the Commonware Framework will enable a developer to launch their own blockchain.

More about Commonware: https://www.rootdata.com/Projects/detail/commonware?k=MTM5MjE%3D

Source: https://www.theblock.co/post/330443/former-ava-labs-engineering-lead-raises-9-million-to-build-anti-framework-blockchain-developer-tools

[New Fundraising] Spicenet raised $ 3.4 M in Seed round

Spicenet is a unified and composable liquidity layer presenting permissionless liquidity ready upon launch of an application. Each application built to Spicenet causes a snowballing effect that grows liquidity further rather than fragmenting it.

More about Spicenet: https://www.rootdata.com/Projects/detail/Spicenet?k=MTM4MjY%3D

Source: https://x.com/spicenetio/status/1866846707696206112

[New Fundraising] Cross-border crypto payments company Sphere raises $5 million from Coinbase and Kraken

Sphere is the payments infrastructure paving the way for merchants from under-addressed emerging markets to access cost-effective, secure, and near instant cross-border payments via stablecoins. Through beautiful and accessible graphic user interfaces (GUIs), Sphere orchestrates blockchains, custodial infrastructure, and financial service providers to make stablecoin payments accessible.

More about Sphere: https://www.rootdata.com/Projects/detail/Sphere?k=MTE2MDY%3D

Source: https://fortune.com/crypto/2024/12/11/sphere-crypto-fundraising-round-cross-border-payment-stablecoin-coinbase-kraken/

[New Fundraising] Avalanche raises $250 million locked token sale led by Galaxy Digital, Dragonfly and ParaFi Capital

Avalanche is a platform created by Ava Labs for creating custom blockchain networks and decentralized applications (dApps). It claims great scalability, with a high transaction throughput (TPS) of 4500 transactions per second. Its novel consensus protocol, Subnet infrastructure, and HyperSDK toolkit enable Web3 developers to easily launch powerful, custom blockchain solutions.

More about Avalanche: https://www.rootdata.com/Projects/detail/Avalanche?k=MjUw

Source: https://www.coindesk.com/business/2024/12/12/avalanche-raises-250-m-amid-major-overhaul-of-layer-1-blockchain

[New Fundraising] Superform Raises $3M to Launch SuperVaults, Intelligent Onchain High-Yield Products, Led by VanEck Ventures

Superform is a non-custodial yield marketplace that aggregates vaults, routes assets, and executes transactions across EVM domains. It also acts as an instant distribution platform for ERC-4626 vaults. Superform enables users to access yield opportunities from the chain of their choice in a single transaction, allowing them to deposit or withdraw from any vault listed in the Superform protocol using any asset (with sufficient DEX liquidity) they hold.

More about Superform: https://www.rootdata.com/Projects/detail/Superform?k=NjUwMA%3D%3D

Source: https://chainwire.org/2024/12/12/superform-raises-3m-to-launch-supervaults-intelligent-onchain-high-yield-products-led-by-vaneck-ventures/

[New Fundraising] Fantasy.top announces V2 and $4.25 million seed funding from Dragonfly and Manifold Ventures

Fantasy is a SocialFi Trading Card Game (TCG) where players can use trading cards of crypto Twitter influencers to play in an online game, allowing them to monetize their social capital and research expertise.

More about Fantasy: https://www.rootdata.com/Projects/detail/fantasy.top?k=MTE1MzU%3D

Source: https://www.theblock.co/post/329948/fantasy-v2-dragonfly-manifold-ventures

Crypto market gainers in the past 24 hours

Explore more: https://www.rootdata.com/Market?orderBy=2&orderType=2&minFdv=50000000

[New Fundraising] MegaETH raised $10 million via Cobie’s Echo platform

MegaETH is building ultra high-throughput & low-latency EVM-compatible L2s. Accelerating the scalability endgame of Ethereum.

More about MegaETH: https://www.rootdata.com/Projects/detail/MegaETH?k=MTA5NjQ%3D

Source: https://www.theblock.co/post/330804/megaeth-funding-cobie-echo

[New Fundraising] Yei Finance Secures $2M Seed Funding to Revolutionize Omnichain Modular Lending

Yei Finance is a Money Market on Sei Network. With wide asset coverage, a comprehensive risk framework, and meticulous token onboarding, Yei Finance offers a buffet of investment opportunities.

More about Yei Finance: https://www.rootdata.com/Projects/detail/Yei%20Finance?k=MTMwNTY%3D

Source: https://medium.com/@yei.finance/yei-finance-secures-2m-seed-funding-to-revolutionize-omnichain-modular-lending-67ecf844885c

Top gainers this week: https://www.rootdata.com/Market?orderBy=3&orderType=2&minMc=50000000

Recent popular figures on Crypto X: https://www.rootdata.com/people

Weekly Hot Projects🔥 (Dec.9 - Dec.15)

📈 Hey #CryptoFam! 🚀 We've just updated our weekly #CryptoTrends ranking list, based on your #RootData searches. 💻

🎯Top 5 winner is Movement, vana, Fuel, Nexus and Magic Eden.

Keep up with the hottest buzz in the industry and stay ahead of the trends. Don't miss out - check it out! 👇

https://rootdata.com

Tokens that recently completed TGE: https://www.rootdata.com/Market?type=3

[New Fundraising] Crypto startup BVNK raises $50 million at around $750 million valuation amid red-hot stablecoin interest

BVNK provides banking services and payments for crypto-native enterprises. Companies using BVNK can accept payments in fiat currency and cryptocurrency, hold hundreds of different currencies and crypto assets, and send funds worldwide.

More about BVNK: https://www.rootdata.com/Projects/detail/BVNK?k=NDEyMA%3D%3D

Source: https://fortune.com/crypto/2024/12/17/exclusive-stablecoin-bvnk-750-million-series-b-bridge-stripe-haun/

[New Fundraising] RWA-Focused Network Plume Raises $20M from Brevan Howard and Others Ahead of Mainnet Launch

Plume is a fully integrated and modular chain focused on RWAfi. They have built the first modular and composable RWA-focused EVM-compatible chain designed to simplify onboarding for all types of assets and streamline capital onboarding through native infrastructure and RWAfi-specific features unified chain-wide. Plume is enabling a composable ecosystem of DeFi built around RWAfis with an integrated end-to-end tokenization engine and a network of financial infrastructure partners for builders to plug and play.

More about Plume: https://www.rootdata.com/Projects/detail/Plume%20Network?k=MTA0ODA%3D

Source: https://www.coindesk.com/business/2024/12/18/rwa-focused-network-plume-raises-20-m-from-brevan-howard-and-others-ahead-of-mainnet-launch

[New Fundraising] Silencio Network Secures an Additional $2.5 Million in Seed Funding to Scale the World’s Leading Noise Intelligence Platform

Silencio is a global network that measure noise pollution. User will get rewarded for measuring noise pollution with phone.

More about Silencio: https://www.rootdata.com/Projects/detail/Silencio?k=MTEzNjE%3D

Source: https://cryptopotato.com/silencio-network-secures-an-additional-2-5-million-in-seed-funding-to-scale-the-worlds-leading-noise-intelligence-platform/

[New Fundraising] Lens secures a $31 million funding round led by Lightspeed Faction

Lens Protocol is a Web3 social graph designed to empower creators to own the links between themselves and their community, forming a fully composable, user-owned social graph. The protocol is built from the ground up with modularity in mind, allowing new features and fixes to be added while ensuring immutable user-owned content and social relationships.

More about Lens: https://www.rootdata.com/Projects/detail/Lens%20Protocol?k=MjA3Nw%3D%3D

Source: https://techcrunch.com/2024/12/18/aave-protocol-developer-secures-31-million-for-lens-its-high-performance-blockchain-for-social-apps/

[New Fundraising] Masa Secures New Funding From DCG to Expand Real-Time Data Network and Launch AI Agent Arena on Bittensor

Masa Network is a decentralized network focused on users’ personal data. The goal is to create a data platform that allows users to contribute personal data and get paid in the form of Masa’s native token. Developers will be able to access this data for training AI models and creating applications while protecting user privacy.

More about Masa: https://www.rootdata.com/Projects/detail/Masa?k=MzA0MQ%3D%3D

Source: https://chainwire.org/2024/12/18/masa-secures-new-funding-from-dcg-to-expand-real-time-data-network-and-launch-ai-agent-arena-on-bittensor/

[New Fundraising] Dtravel Gains Strategic Support from Modular Capital and EV3 to Scale Decentralized Vacation Rentals

Dtravel is a native Web3 travel ecosystem that provides property hosts and hospitality entrepreneurs with the infrastructure to accept on-chain bookings. This new Web3 ecosystem combines the freedom of direct booking sites with the simplicity of online travel agencies, offering unparalleled ownership and control over the entire booking process.

More about Dtravel: https://www.rootdata.com/Projects/detail/Dtravel?k=MTk4Ng%3D%3D

Source: https://chainwire.org/2024/12/18/dtravel-gains-strategic-support-from-modular-capital-and-ev3-to-scale-decentralized-vacation-rentals/