[New Fundraising] BitDeer has raised a total of $179 million through loans and stock issuance
Bitdeer is the world's leading provider of digital asset mining services. Since its establishment, Bitdeer has committed to providing a full range of reliable miner-sharing services, compliant global mining infrastructure, and efficient smart mining management services for users around the world. It enables anyone, experienced or novice users, to start mining with just one click.
More about BitDeer:
https://www.rootdata.com/Projects/detail/Bitdeer?k=MzUyMw%3D%3D
Source:
https://www.theminermag.com/news/2025-04-22/bitdeer-bitcoin-loan-sealminer
Bitdeer is the world's leading provider of digital asset mining services. Since its establishment, Bitdeer has committed to providing a full range of reliable miner-sharing services, compliant global mining infrastructure, and efficient smart mining management services for users around the world. It enables anyone, experienced or novice users, to start mining with just one click.
More about BitDeer:
https://www.rootdata.com/Projects/detail/Bitdeer?k=MzUyMw%3D%3D
Source:
https://www.theminermag.com/news/2025-04-22/bitdeer-bitcoin-loan-sealminer
[New Fundraising] DAO infrastructure provider Tally raised $8 million Series A funding
Tally is a DAO operations platform to help dApp project teams start, join, and grow decentralized organizations. It simplifies the DAO governance process, enabling users, project teams, and relevant stakeholders to focus on contributing to DAOs.
More about Tally:
https://www.rootdata.com/Projects/detail/Tally?k=MzE3NQ%3D%3D
Source:
https://www.coindesk.com/tech/2025/04/22/dao-infrastructure-provider-tally-raises-usd8m-to-scale-on-chain-governance
Tally is a DAO operations platform to help dApp project teams start, join, and grow decentralized organizations. It simplifies the DAO governance process, enabling users, project teams, and relevant stakeholders to focus on contributing to DAOs.
More about Tally:
https://www.rootdata.com/Projects/detail/Tally?k=MzE3NQ%3D%3D
Source:
https://www.coindesk.com/tech/2025/04/22/dao-infrastructure-provider-tally-raises-usd8m-to-scale-on-chain-governance
[New Fundraising] Arch Network raised $ 13 M in Series A round, led by Pantera Capital.
Arch Network is a bitcoin-native application platform introduces smart contract functionality directly into Bitcoin through a novel architecture that leverages a Rust-based zero-knowledge virtual machine, called the ArchVM, paired with a decentralized verifier network, collectively referred to as the Arch Network.
More about Arch Network:
https://www.rootdata.com/Projects/detail/Arch%20Network?k=MTIzMzM%3D
Source:
https://chainwire.org/2025/04/22/arch-labs-announces-13m-funding-round-to-launch-a-native-bitcoin-virtual-machine/
Arch Network is a bitcoin-native application platform introduces smart contract functionality directly into Bitcoin through a novel architecture that leverages a Rust-based zero-knowledge virtual machine, called the ArchVM, paired with a decentralized verifier network, collectively referred to as the Arch Network.
More about Arch Network:
https://www.rootdata.com/Projects/detail/Arch%20Network?k=MTIzMzM%3D
Source:
https://chainwire.org/2025/04/22/arch-labs-announces-13m-funding-round-to-launch-a-native-bitcoin-virtual-machine/
[New Fundraising] Symbiotic raised $29 Million Series A Funding, Led by Pantera Capital and Coinbase Ventures
Symbiotic is a generalized restaking system enabling decentralized networks to bootstrap powerful, fully sovereign ecosystems. It offers a way for decentralized applications, called actively validated services, or "AVSs," to collectively secure one another.
More about Symbiotic:
https://www.rootdata.com/Projects/detail/Symbiotic?k=MTI4MDM%3D
Source:
https://cointelegraph.com/news/symbiotic-29m-staking-universal-coordination-layer
Symbiotic is a generalized restaking system enabling decentralized networks to bootstrap powerful, fully sovereign ecosystems. It offers a way for decentralized applications, called actively validated services, or "AVSs," to collectively secure one another.
More about Symbiotic:
https://www.rootdata.com/Projects/detail/Symbiotic?k=MTI4MDM%3D
Source:
https://cointelegraph.com/news/symbiotic-29m-staking-universal-coordination-layer
[New Fundraising] Mask Network raised $ 5 M in funding round, led by DWF Labs
Mask Network is a Web3 portal that aims to bridge Web2 users to Web3. It brings a decentralized application ecosystem to traditional social networks, providing decentralized options for features Web 2.0 users are familiar with.
Users can enjoy secure, decentralized social messaging, payment networks, file storage, and file sharing without leaving mainstream social media networks.
The release of Mask Network's 2.0 iteration includes the multi-chain Mask wallet, a MaskID login system that aggregates users' social media accounts and Web 3.0 addresses, and a dApp marketplace called D.Market.
More about Mask Network:
https://www.rootdata.com/Projects/detail/Mask%20Network?k=Mjk0
Source:
https://x.com/DWFLabs/status/1914948605968048186
Mask Network is a Web3 portal that aims to bridge Web2 users to Web3. It brings a decentralized application ecosystem to traditional social networks, providing decentralized options for features Web 2.0 users are familiar with.
Users can enjoy secure, decentralized social messaging, payment networks, file storage, and file sharing without leaving mainstream social media networks.
The release of Mask Network's 2.0 iteration includes the multi-chain Mask wallet, a MaskID login system that aggregates users' social media accounts and Web 3.0 addresses, and a dApp marketplace called D.Market.
More about Mask Network:
https://www.rootdata.com/Projects/detail/Mask%20Network?k=Mjk0
Source:
https://x.com/DWFLabs/status/1914948605968048186
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[New Fundraising] Theo raises $20 million to give investors a piece of high-frequency trading strategies
Theo is decentralized trading infrastructure connecting onchain capital with global markets and institutions. Under the hood, Theo is powered by a low-latency settlement network that executes trades across every major trading venue in crypto while autonomously maintaining margin requirements. Theo's core innovations are a global balance sheet and dedicated settlement network implementing proprietary execution, policy, risk, and custody architecture.
More about Theo:
https://www.rootdata.com/Projects/detail/Theo?k=MTMyMTE%3D
Source: https://fortune.com/crypto/2025/04/24/theo-20-million-hft-traders-hack-vc-manifold-trading/
Theo is decentralized trading infrastructure connecting onchain capital with global markets and institutions. Under the hood, Theo is powered by a low-latency settlement network that executes trades across every major trading venue in crypto while autonomously maintaining margin requirements. Theo's core innovations are a global balance sheet and dedicated settlement network implementing proprietary execution, policy, risk, and custody architecture.
More about Theo:
https://www.rootdata.com/Projects/detail/Theo?k=MTMyMTE%3D
Source: https://fortune.com/crypto/2025/04/24/theo-20-million-hft-traders-hack-vc-manifold-trading/
[New Fundraising] Inco Network raised $5M strategic financing led by a16z crypto CSX
Inco Network is an EVM Layer-1, utilizing fully homomorphic encryption (FHE) to enable composable and operable confidential states. Its fhEVM (FHE + EVM) makes it possible to write private smart contracts and perform computations on top of encrypted data without requiring its decryption.
More about Inco Network:
https://www.rootdata.com/Projects/detail/Inco%20Network?k=OTc5Ng%3D%3D
Source:
https://x.com/inconetwork/status/1915436337009967174
Inco Network is an EVM Layer-1, utilizing fully homomorphic encryption (FHE) to enable composable and operable confidential states. Its fhEVM (FHE + EVM) makes it possible to write private smart contracts and perform computations on top of encrypted data without requiring its decryption.
More about Inco Network:
https://www.rootdata.com/Projects/detail/Inco%20Network?k=OTc5Ng%3D%3D
Source:
https://x.com/inconetwork/status/1915436337009967174
[New Fundraising] MagicBlock Raised $7.5 Million Seed Round, Led by Faction
Magicblock is an open-source stack on Solana & SVM that enables anyone to build and play on-chain games.
More about Magicblock:
https://www.rootdata.com/Projects/detail/Magicblock?k=MTA1NjQ%3D
Source:
https://x.com/magicblock/status/1915497345657283061
Magicblock is an open-source stack on Solana & SVM that enables anyone to build and play on-chain games.
More about Magicblock:
https://www.rootdata.com/Projects/detail/Magicblock?k=MTA1NjQ%3D
Source:
https://x.com/magicblock/status/1915497345657283061
๐ RootData Weekly Crypto X Leaderboard is here!
Alpin Yukseloglu has topped our People Leaderboard this week after joining Paradigm as an Investment & Research Partner. Paradigm was the lead investor in his first company, Osmosis, and has shaped much of his journey since.
Alpin brings deep expertise in protocol design, especially around making bold tradeoffs to push performance and usability. At Osmosis, he focused on integrating multiple layers into consensus to better serve users โ work he plans to continue at Paradigm.
๐ Top 5 this week:
1. Alpin Yukseloglu - Partner, Investment & Research at Paradigm - 162
2. Jack Mallers - Founder at Strike - 128
3. Tomasz Stanczak - Founder at Nethermind - 97
4. Nenter Chow - Global CEO at Bitmart - 90
5. Xtine Fang - Managing Partner at PSE Trading - 78
Whoโs leading the conversation in Web3? Whoโs gaining momentum?
๐ Stay tuned for weekly updates.
๐ https://www.rootdata.com/people
Alpin Yukseloglu has topped our People Leaderboard this week after joining Paradigm as an Investment & Research Partner. Paradigm was the lead investor in his first company, Osmosis, and has shaped much of his journey since.
Alpin brings deep expertise in protocol design, especially around making bold tradeoffs to push performance and usability. At Osmosis, he focused on integrating multiple layers into consensus to better serve users โ work he plans to continue at Paradigm.
๐ Top 5 this week:
1. Alpin Yukseloglu - Partner, Investment & Research at Paradigm - 162
2. Jack Mallers - Founder at Strike - 128
3. Tomasz Stanczak - Founder at Nethermind - 97
4. Nenter Chow - Global CEO at Bitmart - 90
5. Xtine Fang - Managing Partner at PSE Trading - 78
Whoโs leading the conversation in Web3? Whoโs gaining momentum?
๐ Stay tuned for weekly updates.
๐ https://www.rootdata.com/people
[New Tag]: MCP
MCP, or Model Context Protocol, is an open standard designed to connect AI models and AI assistants with external tools and data sources.
These are MCP concept-related projects collected by RootData: https://www.rootdata.com/Projects?sn=MCP%20&snc=MCP%20&sd=352
MCP, or Model Context Protocol, is an open standard designed to connect AI models and AI assistants with external tools and data sources.
These are MCP concept-related projects collected by RootData: https://www.rootdata.com/Projects?sn=MCP%20&snc=MCP%20&sd=352
Weekly Hot Projects๐ฅ (Apr.22 - Apr.28)
๐ Hey #CryptoFam! ๐ We've just updated our weekly #CryptoTrends ranking list, based on your #RootData searches. ๐ป
๐ฏTop 10 winner is Initia, Zora, Hyperlane, Sign Protocol, Loopscale, KiloEx, OKZOO, Twenty One, Cantor Fitzgerald, Dolomite.
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 Initia, Zora, Hyperlane, Sign Protocol, Loopscale, KiloEx, OKZOO, Twenty One, Cantor Fitzgerald, Dolomite.
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] Unto raised $ 14.4 M in funding round, led by Framework Ventures and Electric Capital.
Unto is a next-generation Layer 1 blockchain with a focus on performance and user experience.
More about Unto:
https://www.rootdata.com/Projects/detail/Unto?k=MTYwMjg%3D
Source:
https://fortune.com/crypto/2025/04/29/unto-labs-fundraising-framework-ventures-electric-capital/
Unto is a next-generation Layer 1 blockchain with a focus on performance and user experience.
More about Unto:
https://www.rootdata.com/Projects/detail/Unto?k=MTYwMjg%3D
Source:
https://fortune.com/crypto/2025/04/29/unto-labs-fundraising-framework-ventures-electric-capital/
[New Fundraising] Camp Network raised $ 25 M in Series A round, led by 1kx and Blockchain Capital.
Camp Network is a modular L2 leveraging offchain data from Web2 social platforms to enable onchain value creation. Camp Network empowering users and creators in social media, music, entertainment, and more.
More about Camp Network:
https://www.rootdata.com/Projects/detail/Camp%20Network?k=MTIxODQ%3D
Source:
https://fortune.com/crypto/2025/04/29/camp-network-30-million-ai-blockchain-1kx-blockchain-capital/
Camp Network is a modular L2 leveraging offchain data from Web2 social platforms to enable onchain value creation. Camp Network empowering users and creators in social media, music, entertainment, and more.
More about Camp Network:
https://www.rootdata.com/Projects/detail/Camp%20Network?k=MTIxODQ%3D
Source:
https://fortune.com/crypto/2025/04/29/camp-network-30-million-ai-blockchain-1kx-blockchain-capital/
Fortune
Exclusive: Camp Network raises $25 million to help firms collect AI copyright royalties using blockchain | Fortune
1kx and Blockchain Capital both led the Series A, which valued the startup at up to $400 million.
[New Fundraising] Miden raised $ 25 M in Seed round, led by Andreessen Horowitz, Hack VC and 1kx.
Miden is an Ethereum Layer 2 scaling solution based on zk-STARKs (zero-knowledge scalable transparent proof of knowledge) launched by Polygon, which aims to improve the scalability and security of the Ethereum network.
More about Miden:
https://www.rootdata.com/Projects/detail/Miden?k=MTYzMjc%3D
Source:
https://fortune.com/crypto/2025/04/29/miden-a16z-privacy-blockchain-polygon-labs/
Miden is an Ethereum Layer 2 scaling solution based on zk-STARKs (zero-knowledge scalable transparent proof of knowledge) launched by Polygon, which aims to improve the scalability and security of the Ethereum network.
More about Miden:
https://www.rootdata.com/Projects/detail/Miden?k=MTYzMjc%3D
Source:
https://fortune.com/crypto/2025/04/29/miden-a16z-privacy-blockchain-polygon-labs/
Fortune
Andreessen Horowitz leads $25 million bet on Miden, a former Meta engineer's privacy blockchain | Fortune
Miden used to be part of Polygon Labs, one of cryptoโs biggest blockchain development firms.
[New Fundraising] ZAR raised $ 7 M in Seed round, led by Dragonfly and VanEck.
ZAR is a digital dollar wallet enabling users to find nearby merchants to exchange cash for digital currency, safely and conveniently. ZAR debit cards can be used anywhere Visa is accepted.
More about ZAR:
https://www.rootdata.com/Projects/detail/ZAR?k=MTQ1NDE%3D
Source:
https://fortune.com/crypto/2025/04/30/stablecoin-zar-raises-7-million-dragonfly-capital-andreessen-horowitz-vaneck-ventures/
ZAR is a digital dollar wallet enabling users to find nearby merchants to exchange cash for digital currency, safely and conveniently. ZAR debit cards can be used anywhere Visa is accepted.
More about ZAR:
https://www.rootdata.com/Projects/detail/ZAR?k=MTQ1NDE%3D
Source:
https://fortune.com/crypto/2025/04/30/stablecoin-zar-raises-7-million-dragonfly-capital-andreessen-horowitz-vaneck-ventures/
[New Fundraising] Gata raised $ 4 M in Seed round, backing from YZi Labs
, MH Ventures, and others.
Gata (formerly Aggregata) aims to be the leading data provider to advance safe, humane superalignment by creating cutting-edge AI data. Cutting-edge AI requires cutting-edge data: 1. Expand AI capabilities to superhuman levels; 2. Ensure human alignment with superalignment.
More about Gata:
https://www.rootdata.com/Projects/detail/Gata?k=MTE1OTk%3D
Source:
https://x.com/gata_xyz/status/1917534401212174362?s=46&t=uEW2GrKUdmT-3g82clIxKQ
, MH Ventures, and others.
Gata (formerly Aggregata) aims to be the leading data provider to advance safe, humane superalignment by creating cutting-edge AI data. Cutting-edge AI requires cutting-edge data: 1. Expand AI capabilities to superhuman levels; 2. Ensure human alignment with superalignment.
More about Gata:
https://www.rootdata.com/Projects/detail/Gata?k=MTE1OTk%3D
Source:
https://x.com/gata_xyz/status/1917534401212174362?s=46&t=uEW2GrKUdmT-3g82clIxKQ
X (formerly Twitter)
Gata (@Gata_xyz) on X
We are thrilled to announce a $4M Seed raise from @yzilabs, @gate_ventures, IDG Blockchain, @MaelstromFund, @ManifoldTrading, @mhventures, @Anti__Capital, @FormlessCapital, @v3v_ventures, @DewhalesCapital,@wagmi_vc, @071_labs, and @echodotxyz to accelerateโฆ
[New Fundraising] Terminal 3 raised $ 8 M in Seed round, led by CMCC Global and Illuminate Financial.
Terminal 3 is a Hong Kong-based Web3 startup building user data infrastructure for a decentralized future. Terminal 3 leverages decentralized storage and zero-knowledge proofs to empower an equitable Web3 where user data is freely composable while remaining fully private and secure.
More about Terminal 3:
https://www.rootdata.com/Projects/detail/Terminal%203?k=ODc5Ng%3D%3D
Source:
https://blog.terminal3.io/terminal-3-raises-us-8mn-seed-round-to-scale-privacy-technology-in-new-age-of-ai/
Terminal 3 is a Hong Kong-based Web3 startup building user data infrastructure for a decentralized future. Terminal 3 leverages decentralized storage and zero-knowledge proofs to empower an equitable Web3 where user data is freely composable while remaining fully private and secure.
More about Terminal 3:
https://www.rootdata.com/Projects/detail/Terminal%203?k=ODc5Ng%3D%3D
Source:
https://blog.terminal3.io/terminal-3-raises-us-8mn-seed-round-to-scale-privacy-technology-in-new-age-of-ai/
Terminal 3
Blog | Terminal 3 Raises US$8mn Seed Round
The investment will drive the development of a novel data privacy and security protocol due for launch later in the year and accelerate the adoption of the companyโs decentralized identity and credentials platform for enterprises.
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