Upcoming tokens: https://www.rootdata.com/Market?upcoming=1

[New Fundraising] Ethereum security platform Drosera raises $3.25 million in funding

Drosera is a decentralized incident response protocol that leverages hidden security intents to contain and mitigate exploits. It is an automation protocol that abstracts the complexity of creating monitoring systems, and automated response capability, for decentralized applications. Drosera offers a framework for creating and executing automated responses to events on the Ethereum network.

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

Source: https://www.theblock.co/post/339603/ethereum-security-platform-drosera-raises-3-25-million-in-funding-brings-total-funding-to-4-75-million

[New Fundraising] Decentralized finance platform Legend raises $15 million from a16z and Coinbase

Legend is a mobile-first decentralized finance protocol. Users can trade, earn, and borrow digital assets, instantly and seamlessly, without centralized parties.

More about Legend: https://www.rootdata.com/Projects/detail/Legend?k=MTM0Njk%3D

Source: https://fortune.com/crypto/2025/02/11/decentralized-finance-platform-legends-raises-15-million-from-a16z-and-coinbase/

[New Fundraising] Stablecoin company Plasma completes $24 million financing, led by Framework Ventures

Plasma is the scalable payments and financial infrastructure on Bitcoin. Built on a native UTXO foundation, Plasma allows gas fees to be paid with BTC and works seamlessly with existing Bitcoin infrastructure. By leveraging a hybrid UTXO/Account architecture, users can unlock new functionality for holding, staking, and deploying their Bitcoin, seamlessly traversing between UTXO and account space.

More about Plasma:
https://www.rootdata.com/Projects/detail/Plasma?k=MTQ2NjE%3D

Source:
https://fortune.com/crypto/2025/02/13/exclusive-stablecoin-company-plasma-raises-24-million-from-framework-to-launch-its-own-blockchain/

[New Fundraising] FrodoBots Lab Raises $8M to Launch BitRobot, A Crypto Network of Subnets For Embodied AI Research

Co-developed by FrodoBots Lab and Protocol Labs, BitRobot is a crypto-incentivized platform built on Solana with a subnet-based architecture, enabling global collaboration and open-source advancements to tackle key challenges in robotics and AI.

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

Source:
https://chainwire.org/2025/02/13/frodobots-lab-raises-8m-to-launch-bitrobot-a-crypto-network-of-subnets-for-embodied-ai-research/

[New Fundraising] DeFi project DeFi.app raised $4 million in financing, led by Mechanism Capital

DeFi.app aims to simplify DeFi trading while maintaining full self-custody of crypto assets. Through DeFi.app, users can buy tokens on any blockchain, perform "instant, one-click" cross-chain swaps, access decentralized derivatives markets and yield opportunities.

More about DeFi.app:
https://www.rootdata.com/Projects/detail/DeFi.app?k=MTUzMjY%3D

Source:
https://www.theblock.co/post/340743/defi-app-funding-token-valuation-cobie-echo?utm_source=twitter&utm_medium=social

[New Fundraising] WalletConnect Raised $4 Million in Community Funding from CoinList

WalletConnect is an open protocol that securely communicates between wallets and Dapps (Web3 Apps). A bridge server is used to relay payloads, which are encrypted with a shared key between the two peers.

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

Source:
https://blog.coinlist.co/walletconnect-raises-4m-in-massively-oversubscribed-community-round-on-coinlist/

[New Fundraising] Blockaid raised $50 million in Series B financing round led by Ribbit Capital

Blockaid is a Web3 security tools stop malicious transactions before they happen, protecting web3 users from scams, phishing, and hacks.

More about Blockaid:https://www.rootdata.com/Projects/detail/Blockaid?k=OTg2Nw%3D%3D

Source: https://en.globes.co.il/en/article-israeli-onchain-security-co-blockaid-raises-50m-1001502436

[New Fundraising] Altius raised $ 11 M in funding round

Altius is the blockchain infrastructure designed to optimize blockchain performance through a VM-agnostic execution framework that enhances scalability, efficiency, and cross-chain interoperability. By decoupling the execution layer from monolithic network designs, the Altius Stack integrates seamlessly with Layer 1s, Layer 2s, and application-specific chains, providing immediate performance improvements without requiring specialized hardware.

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

Source: https://x.com/AltiusLabs/status/1891860627754291463

[New Fundraising] Cygnus raised $ 20 M in Pre-Seed round

Cygnus is a modular real yield layer. As the end game of real yield, it combines non-EVM systems such as TON with EVM ecosystem. Its yield-bearing Liquidity Validation System provide services for any system that requires its own distributed validation semantics for verification. Users can participate in ecological liquidity security protection while automatically enjoying staking yield, LVS fees and other systems' incentives.

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

Source: https://x.com/CygnusFi/status/1891860590647529906

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

[New Fundraising] Primus raised $6.5M in Pre-seed + Seed round led by VanEck, Symbolic Capital and Dispersion Capital

Primus Labs, an acronym for Privacy-Preserving Attestation Data Operator, is at the forefront of cutting-edge cryptography. Primus Labs will use cryptographic algorithms to take the lead in integrating off-chain data into the on-chain world through technologies such as interactive zero-knowledge proof (IZK) and secure multi-party computation (MPC).

More about Primus Labs:
https://www.rootdata.com/Projects/detail/Primus%20Labs?k=OTAwMw%3D%3D

Source:
https://x.com/primus_labs/status/1892620246701457478

[New Fundraising] InfinityGround raised $2 million seed round financing, Animoca Brands and others participate

Infinity Ground is an AI-native Entertainment Appchain built on SVM. It is not just creating our own AI games and interactive narratives.

More about InfinityGround:
https://www.rootdata.com/Projects/detail/InfinityGround?k=MTM1OTg%3D

Source:
https://x.com/infinityg_ai/status/1892762239758979551

[New Fundraising] Institutionally-focused restaking startup Byzantine Finance raises $3 million in pre-seed funding


Byzantine Finance is the restaking aggregation layer. Its white-label restaking infrastructure aggregates technically complex integrations and allows Web3 enterprises to build a custom restaking offering for their users in days. Byzantine makes participation in restaking as easy as possible through its independent modules, hugely simplifying integrating restaking into new and existing systems.

More about Byzantine Finance: https://www.rootdata.com/Projects/detail/Byzantine%20Finance?k=MTQ1MDY%3D

Source: https://www.theblock.co/post/343113/institution-restaking-byzantine-raises-3-million-pre-seed-funding

[New Fundraising] Shared security network IMUA raised $5M seed round of financing, led by Draper Dragon and others

Imua is a purpose-built L1 protocol for shared security. Imua aggregates economic security from multiple blockchains via restaking, normalizes it across USD price via an embedded oracle, and extends it to services in need of decentralized compute.

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

Source:
https://x.com/warpaul/status/1894072614680682975

[New Fundraising] Fixed-rate lending protocol Tenor Finance raised $2.5 million seed round led by cherry.xyz

Tenor Finance is a non-custodial, self-executable, fixed-rate lending protocol that allows for the creation of permissionless markets and efficiently matches lenders and borrowers.

More about Tenor Finance:
https://www.rootdata.com/Projects/detail/Tenor%20Finance?k=MTY0ODM%3D

Source:
https://x.com/TenorFinance/status/1894066884602958210

[New Fundraising] MEV developer FastLane Labs raised $6M financing, led by Figment Capital and DBA

FastLane is a hybrid MEV protocol designed to reduce transaction spam and improve network health. It monetizes propagation bottlenecks in the peer-to-peer layer of the Polygon blockchain and distributes the proceeds to participating validators.

More about FastLane:
https://www.rootdata.com/Projects/detail/FastLane?k=NjQ5Mg%3D%3D

Source:
https://x.com/0xFastLane/status/1896636501615849575

[New Fundraising] Crypto-financial service company Flowdesk raised $102M led by HV Capital

Based in France and Singapore, Flowdesk is a crypto-financial service company building a trading infrastructure that provides market-making services for web3 players.

More about Flowdesk:
https://www.rootdata.com/Projects/detail/Flowdesk?k=NDA4Mw%3D%3D

Source:
https://www.coindesk.com/markets/2025/03/04/emb-march-4-4-am-et-flowdesk-raises-over-usd100-million-to-expand-trading-and-liquidity-desks

Overview of the Crypto Market in February 2025

In February 2025, crypto financing rose to $950M across 100 deals, up 18% from January, driven by a few large deals. Meanwhile, M&A surged with 15 deals—the fourth straight month of double-digit activity—signaling consolidation as firms merge amid competition and regulation. However, VC fundraising stalled with no new funds, reflecting caution. This sluggish investment climate is pushing more projects toward acquisitions as an exit strategy.

source:https://rootdatalabs.medium.com/rootdata-february-crypto-market-report-m-a-surge-amidst-vc-fundraising-slump-e39f11ac537e

[New Fundraising] Infrared Raised $14 million in a Series A round led by Framework Ventures

Infrared is the flagship application of the Proof of Liquidity consensus mechanism pioneered by Berachain. The application reimagines liquid staking in the context of the three-token architecture and the unique soulbound elements of BGT.

More about Infrared:
https://www.rootdata.com/Projects/detail/Infrared?k=MTA5MDc%3D

Source:
https://www.coindesk.com/business/2025/03/04/infrared-raises-usd16m-to-roll-out-first-liquidity-staking-protocol-on-berachain

[New Fundraising] Across Protocol raised $41 million token round led by Paradigm

Across is an optimistic cross-chain bridge protocol that enables users to execute transactions between chains almost instantly. This is achieved through the use of an optimistic oracle, bonded relayers, and single-sided liquidity pools.

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

Source:
https://www.theblock.co/post/344470/paradigm-leads-token-round-across-protocol-ethereum