[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/

[New Fundraising] Crypto-AI startup Fraction AI raises $6 million in pre-seed funding

Fraction AI is an AI Web3 platform that provides domain-specialized labeled data for all steps of training AI models, including text, images, audio, and video for a variety of AI applications. It sources data through our decentralized marketplace to ensure optimal free market prices.

More about Fraction AI: https://www.rootdata.com/Projects/detail/Fraction%20AI?k=MTIzMjA%3D

Source: https://www.theblock.co/post/331488/crypto-ai-startup-fraction-funding

[New Fundraising] FLock.io Secures $3 Million Funding to Accelerate Decentralized AI Innovation

FLock.io aims to build a decentralized, privacy-preserving solution for Artificial Intelligence. It has proposed a research initiative called Federated Learning Blocks (FLocks for short), which uses blockchain as a coordination platform among data holders to conduct Machine Learning while keeping data local and private. By replacing the central entity that collects data and organizes machine learning with blockchain, FLocks aims to empower users to mine insights from their own data and monetize at their own discretion.

More about FLock: https://www.rootdata.com/Projects/detail/FLock?k=NjM4MA%3D%3D

Source: https://www.flock.io/blog/flockio--secures-3-million-funding-to-accelerate-decentralized-ai-innovation

[New Fundraising] Kettle has raised $4M to build the RWA platform bringing crypto rails to the masses

Kettle is a peer-to-peer marketplace that empowers users to trade on the full financial value of luxury watches. With Kettle, watch collectors gain unparalleled access to the global, 24/7 watch economy. Every watch on Kettle is fully insured, authenticated, and stored in the Kettle Vault in New York.

More about Kettle: https://www.rootdata.com/Projects/detail/Kettle%20Finance?k=MTI0NjI%3D

Source: https://x.com/kettle_shop/status/1869762566529892400

[New Fundraising] TON Ecosystem L2 Project DuckChain Raised $5 Million in Financing

DuckChain is a EVM-compatible TON L2 solution powered by TONSCALE LABS and Arbitrum. This solution aims to provide unprecedented scalability and liquidity, attracting users from the EVM and Bitcoin ecosystems into TON.

More about DuckChain:
https://www.rootdata.com/Projects/detail/DuckChain?k=MTM5NDA%3D

Source:
https://x.com/Duck_Chain/status/1870001524426059834

[New Fundraising] Valhalla raised $ 1.5 M in Pre-Seed round

Valhalla is a fully on-chain perpetuals exchange on MegaETH.

More about Valhalla: https://www.rootdata.com/Projects/detail/Valhalla?k=MTU1ODI%3D

Source: https://x.com/valhallaperps/status/1870137202627489798