[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
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
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
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[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
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
Rootdata
Flowdesk - Crypto-financial service company
Based in France and Singapore, Flowdesk is a crypto-financial service company building a trading infrastructure that provides market-making services for web3 players.
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 dealsโthe fourth straight month of double-digit activityโsignaling 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
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 dealsโthe fourth straight month of double-digit activityโsignaling 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
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[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
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
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
Rootdata
Across Protocol - Optimistic cross-chain bridge protocol
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.
Weekly Hot Projects๐ฅ (Mar.3 - Mar.9)
๐ Hey #CryptoFam! ๐ We've just updated our weekly #CryptoTrends ranking list, based on your #RootData searches. ๐ป
๐ฏTop 10 winner is RedStone, Binance, Cardano, Yescoin, Jupiter, Ripple, Bitwise, DoubleZero, Seismic and Solana.
Keep up with the hottest buzz in the industry and stay ahead of the trends. Don't miss out - check it out! ๐
https://rootdata.com
๐ Hey #CryptoFam! ๐ We've just updated our weekly #CryptoTrends ranking list, based on your #RootData searches. ๐ป
๐ฏTop 10 winner is RedStone, Binance, Cardano, Yescoin, Jupiter, Ripple, Bitwise, DoubleZero, Seismic and Solana.
Keep up with the hottest buzz in the industry and stay ahead of the trends. Don't miss out - check it out! ๐
https://rootdata.com
[New Fundraising] Mesh raised $82 million in Series B funding led by Paradigm
Founded in 2020, Mesh's mission is to build an open, connected and secure financial ecosystem. Mesh is a modern financial operating system that provides enterprise clients with the ability to enable digital asset transfers, crypto payments, account aggregation and registered securities trading, all within their platform.
More about Mesh:
https://www.rootdata.com/Projects/detail/Mesh?k=OTUwNQ%3D%3D
Source:
https://www.prnewswire.com/news-releases/mesh-secures-82m-in-series-b-funding-to-build-first-global-crypto-payments-network-302398543.html
Founded in 2020, Mesh's mission is to build an open, connected and secure financial ecosystem. Mesh is a modern financial operating system that provides enterprise clients with the ability to enable digital asset transfers, crypto payments, account aggregation and registered securities trading, all within their platform.
More about Mesh:
https://www.rootdata.com/Projects/detail/Mesh?k=OTUwNQ%3D%3D
Source:
https://www.prnewswire.com/news-releases/mesh-secures-82m-in-series-b-funding-to-build-first-global-crypto-payments-network-302398543.html
[New Fundraising] Vest Exchange raised $5 million in financing, Jane Street and others participate
Vest is a quantitative research firm developing financial infrastructure that enables real-time, universal risk pricing. As a neutral and verifiable intermediary, Vest will enable participants to share risk data without exposing proprietary information, leading to greater capital efficiency, improved liquidity provisioning, fairer pricing, and more accurate risk assessments across lending, trading, and credit markets.
More about Vest Exchange:
https://www.rootdata.com/Projects/detail/Vest%20Exchange?k=NjY1OQ%3D%3D
Source:
https://x.com/VestExchange/status/1899574324165750803
Vest is a quantitative research firm developing financial infrastructure that enables real-time, universal risk pricing. As a neutral and verifiable intermediary, Vest will enable participants to share risk data without exposing proprietary information, leading to greater capital efficiency, improved liquidity provisioning, fairer pricing, and more accurate risk assessments across lending, trading, and credit markets.
More about Vest Exchange:
https://www.rootdata.com/Projects/detail/Vest%20Exchange?k=NjY1OQ%3D%3D
Source:
https://x.com/VestExchange/status/1899574324165750803
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[New Fundraising] Crypto prediction platform Yeet raised $7.75 million in financing, led by Dragonfly
Yeet Game is a fully on-chain game with no dominant game theoretic strategy to win. Players can make money in multiple ways. The gambling platform will offer a variety of traditional casino games like blackjack and roulette alongside new, crypto-focused games.
More about Yeet Game:
https://www.rootdata.com/Projects/detail/Yeet?k=MTQ0MDE%3D
Source:
https://decrypt.co/310338/yeet-raises-7-million-crypto-casino
Yeet Game is a fully on-chain game with no dominant game theoretic strategy to win. Players can make money in multiple ways. The gambling platform will offer a variety of traditional casino games like blackjack and roulette alongside new, crypto-focused games.
More about Yeet Game:
https://www.rootdata.com/Projects/detail/Yeet?k=MTQ0MDE%3D
Source:
https://decrypt.co/310338/yeet-raises-7-million-crypto-casino
[New Fundraising] Via Science raised $28 million Series B financing, led by Bosch Ventures
Via Science adopts a decentralized, zero-trust architecture and has passed the rigorous testing of the US Department of Defense. Via Scienceโs technical features include decentralized identity management, end-to-end quantum resistance encryption and password-free solutions, which can effectively deal with traditional cybersecurity challenges such as social engineering attacks and administrator attacks.
More about Via Science:
https://www.rootdata.com/Projects/detail/Via%20Science?k=MTY4MDc%3D
Source:
https://www.solvewithvia.com/via-secures-28m-from-global-enterprises-to-scale-its-decentralized-data-and-identity-protection-platform-amid-surging-demand/
Via Science adopts a decentralized, zero-trust architecture and has passed the rigorous testing of the US Department of Defense. Via Scienceโs technical features include decentralized identity management, end-to-end quantum resistance encryption and password-free solutions, which can effectively deal with traditional cybersecurity challenges such as social engineering attacks and administrator attacks.
More about Via Science:
https://www.rootdata.com/Projects/detail/Via%20Science?k=MTY4MDc%3D
Source:
https://www.solvewithvia.com/via-secures-28m-from-global-enterprises-to-scale-its-decentralized-data-and-identity-protection-platform-amid-surging-demand/
Weekly Hot Projects๐ฅ (Mar.17 - Mar.23)
๐ Hey #CryptoFam! ๐ We've just updated our weekly #CryptoTrends ranking list, based on your #RootData searches. ๐ป
๐ฏTop 10 winner is Bedrock, Nillion, Plume Network, Walrus, Sonic, Binance, MyShell, Coinbase, Solana, World Liberty Financial.
Keep up with the hottest buzz in the industry and stay ahead of the trends. Don't miss out - check it out! ๐
https://rootdata.com
๐ Hey #CryptoFam! ๐ We've just updated our weekly #CryptoTrends ranking list, based on your #RootData searches. ๐ป
๐ฏTop 10 winner is Bedrock, Nillion, Plume Network, Walrus, Sonic, Binance, MyShell, Coinbase, Solana, World Liberty Financial.
Keep up with the hottest buzz in the industry and stay ahead of the trends. Don't miss out - check it out! ๐
https://rootdata.com
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๐ RootData Weekly Crypto X Leaderboard is here!
Recently, CZ and Yi He have been actively building on BNB Chain, and unsurprisingly, both made it onto the Hot Index. Notably, Jane He topped the RootData leaderboard last week after joining YZi Labs as a General Partner. How much impact YZi Labs will have on the growth of BNB Chain remains to be seen โ letโs keep an eye on it.
๐ Top 5 this week:
1. Jane He (General Partner at YZi Labs 174)
2. Alana Palmedo (Partner & COO at Paradigm 147)
3. Tahnoun bin Zayed Al Nahyan (Chairman at MGX 108)
4. Tomasz Stanczak (Founder at Nethermind 92)
5. Prasanna Sankar (Founder at 0xPPL 66)
Whoโs leading the conversation in Web3? Whoโs gaining momentum?
๐ Stay tuned for weekly updates.
๐ https://www.rootdata.com/people
Recently, CZ and Yi He have been actively building on BNB Chain, and unsurprisingly, both made it onto the Hot Index. Notably, Jane He topped the RootData leaderboard last week after joining YZi Labs as a General Partner. How much impact YZi Labs will have on the growth of BNB Chain remains to be seen โ letโs keep an eye on it.
๐ Top 5 this week:
1. Jane He (General Partner at YZi Labs 174)
2. Alana Palmedo (Partner & COO at Paradigm 147)
3. Tahnoun bin Zayed Al Nahyan (Chairman at MGX 108)
4. Tomasz Stanczak (Founder at Nethermind 92)
5. Prasanna Sankar (Founder at 0xPPL 66)
Whoโs leading the conversation in Web3? Whoโs gaining momentum?
๐ Stay tuned for weekly updates.
๐ https://www.rootdata.com/people
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[New Fundraising] Ethereum Oracle Protocol Chronicle Raised $12 Million Seed Round, Led by Strobe
Chronicle Protocol is a decentralized Oracle solution securing over $10 billion in collateral since 2017. It continues to secure MakerDAO while establishing a stand-alone brand and business proposition and building the worldโs first fully verifiable, cost-efficient, scalable, and decentralized oracle.
More about Chronicle:
https://www.rootdata.com/Projects/detail/Chronicle%20Protocol?k=OTE2NA%3D%3D
Source:
https://x.com/ChronicleLabs/status/1904533084818780540
Chronicle Protocol is a decentralized Oracle solution securing over $10 billion in collateral since 2017. It continues to secure MakerDAO while establishing a stand-alone brand and business proposition and building the worldโs first fully verifiable, cost-efficient, scalable, and decentralized oracle.
More about Chronicle:
https://www.rootdata.com/Projects/detail/Chronicle%20Protocol?k=OTE2NA%3D%3D
Source:
https://x.com/ChronicleLabs/status/1904533084818780540
Weekly Hot Projects๐ฅ (Mar.24 - Mar.30)
๐ Hey #CryptoFam! ๐ We've just updated our weekly #CryptoTrends ranking list, based on your #RootData searches. ๐ป
๐ฏTop 10 winner is Particle Network, GUNZ, Nillion, Hyperliquid, Walrus, JellyJelly, Circle, Tether, Ghiblification, KiloEx.
Keep up with the hottest buzz in the industry and stay ahead of the trends. Don't miss out - check it out! ๐
https://rootdata.com
๐ Hey #CryptoFam! ๐ We've just updated our weekly #CryptoTrends ranking list, based on your #RootData searches. ๐ป
๐ฏTop 10 winner is Particle Network, GUNZ, Nillion, Hyperliquid, Walrus, JellyJelly, Circle, Tether, Ghiblification, KiloEx.
Keep up with the hottest buzz in the industry and stay ahead of the trends. Don't miss out - check it out! ๐
https://rootdata.com
๐2
๐ RootData Weekly Crypto X Leaderboard is here!
Jiani Chen topped the RootData leaderboard last week after announcing her move to the Solana Foundation. Sheโll be leading growth initiatives and working closely with Executive Director Lily Liu โ a notable pairing in one of cryptoโs most active ecosystems. Having previously built from scratch at Protagonist, Jianiโs shift into an operational role marks a strong signal for Solanaโs ongoing expansion. One to watch.
๐ Top 5 this week:
1. Jiani Chen - Partner at Protagonist (97)
2. Nicholas Cannon - VP of Growth at Gauntlet (73)
3. Karry - CEO at Bitget Wallet (70)
4. Gautham Santhosh - Co-Founder at Polynomial (66)
5. Addison Spiegel - CEO/Founder at Thunderhead (64)
Whoโs leading the conversation in Web3? Whoโs gaining momentum?
๐ Stay tuned for weekly updates.
๐ https://www.rootdata.com/people
Jiani Chen topped the RootData leaderboard last week after announcing her move to the Solana Foundation. Sheโll be leading growth initiatives and working closely with Executive Director Lily Liu โ a notable pairing in one of cryptoโs most active ecosystems. Having previously built from scratch at Protagonist, Jianiโs shift into an operational role marks a strong signal for Solanaโs ongoing expansion. One to watch.
๐ Top 5 this week:
1. Jiani Chen - Partner at Protagonist (97)
2. Nicholas Cannon - VP of Growth at Gauntlet (73)
3. Karry - CEO at Bitget Wallet (70)
4. Gautham Santhosh - Co-Founder at Polynomial (66)
5. Addison Spiegel - CEO/Founder at Thunderhead (64)
Whoโs leading the conversation in Web3? Whoโs gaining momentum?
๐ Stay tuned for weekly updates.
๐ https://www.rootdata.com/people
๐3โค1
Weekly Hot Projects๐ฅ (Mar.31 - Apr.6)
๐ Hey #CryptoFam! ๐ We've just updated our weekly #CryptoTrends ranking list, based on your #RootData searches. ๐ป
๐ฏTop 10 winner is Particle Network, GUNZ, Nillion, Hyperliquid, Walrus, JellyJelly, Circle, Tether, Ghiblification, KiloEx.
Keep up with the hottest buzz in the industry and stay ahead of the trends. Don't miss out - check it out! ๐
https://rootdata.com
๐ Hey #CryptoFam! ๐ We've just updated our weekly #CryptoTrends ranking list, based on your #RootData searches. ๐ป
๐ฏTop 10 winner is Particle Network, GUNZ, Nillion, Hyperliquid, Walrus, JellyJelly, Circle, Tether, Ghiblification, KiloEx.
Keep up with the hottest buzz in the industry and stay ahead of the trends. Don't miss out - check it out! ๐
https://rootdata.com
๐ RootData Weekly Crypto X Leaderboard is here!
Momo Ong topped the RootData leaderboard last week after Codex โ the stablecoin-focused blockchain he co-founded โ announced a $15.8M seed round led by Dragonfly.
The round attracted backing from Coinbase Ventures, Circle, and others โ a strong signal in todayโs capital environment. With Momoโs background in product design and company-building, his reemergence as co-founder of Codex positions him at the forefront of the โstablecoin for real-worldโ narrative.
One to watch.
๐ Top 5 this week:
1. Momo Ong - Co-Founder at Codex (126)
2. Wang Chun - Founder at stakefish (98)
3. JackYi - Founder at LD Capital (86)
4. Ryan Petersen - Founder of Flexport (69)
5. Tomasz Stanczak - Founder at Nethermind (66)
Whoโs leading the conversation in Web3? Whoโs gaining momentum?
๐ Stay tuned for weekly updates.
๐ https://www.rootdata.com/people
Momo Ong topped the RootData leaderboard last week after Codex โ the stablecoin-focused blockchain he co-founded โ announced a $15.8M seed round led by Dragonfly.
The round attracted backing from Coinbase Ventures, Circle, and others โ a strong signal in todayโs capital environment. With Momoโs background in product design and company-building, his reemergence as co-founder of Codex positions him at the forefront of the โstablecoin for real-worldโ narrative.
One to watch.
๐ Top 5 this week:
1. Momo Ong - Co-Founder at Codex (126)
2. Wang Chun - Founder at stakefish (98)
3. JackYi - Founder at LD Capital (86)
4. Ryan Petersen - Founder of Flexport (69)
5. Tomasz Stanczak - Founder at Nethermind (66)
Whoโs leading the conversation in Web3? Whoโs gaining momentum?
๐ Stay tuned for weekly updates.
๐ https://www.rootdata.com/people
Weekly Hot Projects๐ฅ (Apr.8 - Apr.14)
๐ Hey #CryptoFam! ๐ We've just updated our weekly #CryptoTrends ranking list, based on your #RootData searches. ๐ป
๐ฏTop 10 winner is Mind Network, MANTRA, Plastic Labs, Meanwhile, Blackbird, Octane, Loopscale, DashFun, FuzzLand.
Keep up with the hottest buzz in the industry and stay ahead of the trends. Don't miss out - check it out! ๐
https://rootdata.com
๐ Hey #CryptoFam! ๐ We've just updated our weekly #CryptoTrends ranking list, based on your #RootData searches. ๐ป
๐ฏTop 10 winner is Mind Network, MANTRA, Plastic Labs, Meanwhile, Blackbird, Octane, Loopscale, DashFun, FuzzLand.
Keep up with the hottest buzz in the industry and stay ahead of the trends. Don't miss out - check it out! ๐
https://rootdata.com