[New Fundraising] Project Eleven Completes $20 Million Financing at a Valuation of $120 Million
Project Eleven is is applying post-quantum cryptography (PQC) to existing protocols, starting with Bitcoin. This will ensure they remain secure even when classical cryptography fails. Its first solution is yellowpages, a post-quantum proof of Bitcoin ownership that allows users to instantly generate quantum-resistant keys and securely link them to existing Bitcoin addresses.
More about Project Eleven:https://www.rootdata.com/Projects/detail/Project%20Eleven?k=MTg4MDA%3D
Source:https://www.axios.com/pro/fintech-deals/2026/01/14/project-eleven-quantum-threat-crypto
Project Eleven is is applying post-quantum cryptography (PQC) to existing protocols, starting with Bitcoin. This will ensure they remain secure even when classical cryptography fails. Its first solution is yellowpages, a post-quantum proof of Bitcoin ownership that allows users to instantly generate quantum-resistant keys and securely link them to existing Bitcoin addresses.
More about Project Eleven:https://www.rootdata.com/Projects/detail/Project%20Eleven?k=MTg4MDA%3D
Source:https://www.axios.com/pro/fintech-deals/2026/01/14/project-eleven-quantum-threat-crypto
[New M&A] Animoca Brands completes acquisition of digital collectibles and gaming company SOMO
SOMO is an on-chain Pokémon-genre game. User can Collect & Battle in game, Build up land for resources & more. Trade with millions of mobile players.
More about SOMO: https://www.rootdata.com/Projects/detail/SOMO?k=MTI1MDI%3D
Source:https://www.animocabrands.com/animoca-brands-acquires-somo
SOMO is an on-chain Pokémon-genre game. User can Collect & Battle in game, Build up land for resources & more. Trade with millions of mobile players.
More about SOMO: https://www.rootdata.com/Projects/detail/SOMO?k=MTI1MDI%3D
Source:https://www.animocabrands.com/animoca-brands-acquires-somo
[New Fundraising] Noise has completed a $7.1 million seed round financing, led by Paradigm
Noise is a platform for trading trends. The Noise endgame is to reinvent what it means to discover and distribute culture. It’s where the world will transition from paying attention to getting paid for attention.
More about Noise:https://www.rootdata.com/Projects/detail/Noise?k=MTUzOTA%3D
Source:https://www.theblock.co/post/385454/paradigm-leads-7-1-million-seed-round-for-attention-market-noise-ahead-of-base-mainnet-launch
Noise is a platform for trading trends. The Noise endgame is to reinvent what it means to discover and distribute culture. It’s where the world will transition from paying attention to getting paid for attention.
More about Noise:https://www.rootdata.com/Projects/detail/Noise?k=MTUzOTA%3D
Source:https://www.theblock.co/post/385454/paradigm-leads-7-1-million-seed-round-for-attention-market-noise-ahead-of-base-mainnet-launch
[New Fundraising] Meld Raises $7 Million Strategic Round Led by Lightspeed Faction
Meld is the network to access digital assets and stablecoins. Through the Meld Network, fintechs, developers, and merchants can convert over 150 fiat currencies and any stablecoin or token within their app. Meld powers global payouts, remittances, cross-border trade settlement, and native blockchain onboarding for trading and investment activity.
More about Meld: https://www.rootdata.com/Projects/detail/Meld?k=MjMyNDI%3D
Source: https://www.prnewswire.com/news-releases/meld-raises-7-million-strategic-round-to-accelerate-global-network-expansion-302661430.html
Meld is the network to access digital assets and stablecoins. Through the Meld Network, fintechs, developers, and merchants can convert over 150 fiat currencies and any stablecoin or token within their app. Meld powers global payouts, remittances, cross-border trade settlement, and native blockchain onboarding for trading and investment activity.
More about Meld: https://www.rootdata.com/Projects/detail/Meld?k=MjMyNDI%3D
Source: https://www.prnewswire.com/news-releases/meld-raises-7-million-strategic-round-to-accelerate-global-network-expansion-302661430.html
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[New Fundraising] Ripple injects $150 million into LMAX to push RLUSD stablecoin for institutions
LMAX Digital is the institutional crypto currency exchange, operated by LMAX Group. Delivering trust, reliability and deep institutional liquidity, LMAX Digital ensures complete transparency, open access and a level playing field for all institutional crypto currency market participants – within a secure trading environment.
More about LMAX Digital: https://www.rootdata.com/Projects/detail/LMAX%20Digital%20?k=Nzg4OQ%3D%3D
Source: https://www.coindesk.com/markets/2026/01/15/ripple-injects-usd150-million-into-lmax-to-push-rlusd-stablecoin-for-institutions
LMAX Digital is the institutional crypto currency exchange, operated by LMAX Group. Delivering trust, reliability and deep institutional liquidity, LMAX Digital ensures complete transparency, open access and a level playing field for all institutional crypto currency market participants – within a secure trading environment.
More about LMAX Digital: https://www.rootdata.com/Projects/detail/LMAX%20Digital%20?k=Nzg4OQ%3D%3D
Source: https://www.coindesk.com/markets/2026/01/15/ripple-injects-usd150-million-into-lmax-to-push-rlusd-stablecoin-for-institutions
[Notable InfoFi Projects] Today, Nikita Bier, Head of product at X, announced the revocation of API access for all InfoFi projects because they caused the platform to be flooded with AI spam code and spam replies.
What InfoFi projects are currently in the crypto market? Which InfoFi projects will be more affected? You can check RootData's "InfoFi" tag to learn more.
Detailed link: https://www.rootdata.com/Projects?sn=InfoFi&snc=InfoFi&sd=354&rdGrowthSort=2
What InfoFi projects are currently in the crypto market? Which InfoFi projects will be more affected? You can check RootData's "InfoFi" tag to learn more.
Detailed link: https://www.rootdata.com/Projects?sn=InfoFi&snc=InfoFi&sd=354&rdGrowthSort=2
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[New Fundraising] Saturn Raises $800K Seed Round Led by YZiLabs and Sora Ventures
Saturn Labs is a stablecoin yield protocol that aims to build a 10% + yield stablecoin USDat powered by MicroStrategy's STRC, a transparent and institutionally trusted Bitcoin credit instrument.
More about Saturn: https://www.rootdata.com/Projects/detail/Saturn?k=MjI3NDY%3D
Source: https://x.com/usdat21/status/2011831094463615313?s=20
Saturn Labs is a stablecoin yield protocol that aims to build a 10% + yield stablecoin USDat powered by MicroStrategy's STRC, a transparent and institutionally trusted Bitcoin credit instrument.
More about Saturn: https://www.rootdata.com/Projects/detail/Saturn?k=MjI3NDY%3D
Source: https://x.com/usdat21/status/2011831094463615313?s=20
[New Fundraising] Veera has raised $10M across pre-seed and seed rounds.
Veera is a cryptocurrency financial services platform that supports self-hosted wallets and has also launched the Veera Card, designed to allow users to spend on-chain assets globally.
More about Veera:
https://www.rootdata.com/Projects/detail/Veera?k=MTg0ODM%3D
Source:
https://www.techinasia.com/news/sg-crypto-startup-veera-raises-10m
Veera is a cryptocurrency financial services platform that supports self-hosted wallets and has also launched the Veera Card, designed to allow users to spend on-chain assets globally.
More about Veera:
https://www.rootdata.com/Projects/detail/Veera?k=MTg0ODM%3D
Source:
https://www.techinasia.com/news/sg-crypto-startup-veera-raises-10m
[New Fundraising] AKEDO Raises $5M Seed Round Led by Karatage
AKEDO is an AI-native content creation engine and launchpad powered by coordinated multi-agent systems. Designed for creators, studios, and communities, AKEDO enables rapid game and content creation, one-click token launches, and scalable monetization.
More about AKEDO: https://www.rootdata.com/Projects/detail/AKEDO?k=MTM2NTI%3D
Source: https://financewire.com/2026/01/19/akedo-raises-5m-seed-round-to-build-ai-native-content-creation-engine/?mfk=wmqhecPuo3ebDwJCovWRPryjsI5dslnCUezMnS%2Bd2AXl2jtWpuVB%2FmYEmJ5JekKOhMe%2BnPrz3oID6%2FonXepL%2BO%2FM%2FzqWypL1Vg%3D%3D
AKEDO is an AI-native content creation engine and launchpad powered by coordinated multi-agent systems. Designed for creators, studios, and communities, AKEDO enables rapid game and content creation, one-click token launches, and scalable monetization.
More about AKEDO: https://www.rootdata.com/Projects/detail/AKEDO?k=MTM2NTI%3D
Source: https://financewire.com/2026/01/19/akedo-raises-5m-seed-round-to-build-ai-native-content-creation-engine/?mfk=wmqhecPuo3ebDwJCovWRPryjsI5dslnCUezMnS%2Bd2AXl2jtWpuVB%2FmYEmJ5JekKOhMe%2BnPrz3oID6%2FonXepL%2BO%2FM%2FzqWypL1Vg%3D%3D
[New Fundraising] HyperLend raised $1.7M from long-term aligned investors
HyperLend is a digital asset lending platform that aims to enhance efficiency in lending and borrowing cryptocurrencies. It uses Hyperliquid's EVM Blockchain to perform financial services with maximum security, transparency, and liquidity. The plan is to go even beyond into other arenas such as options and spot margin trading on Hyperliquid DEX in the future.
More about Hyperlend:https://www.rootdata.com/Projects/detail/HyperLend?k=MTQ2OTg%3D
Source:https://x.com/hyperlendx/status/2013275727529959485?s=20
HyperLend is a digital asset lending platform that aims to enhance efficiency in lending and borrowing cryptocurrencies. It uses Hyperliquid's EVM Blockchain to perform financial services with maximum security, transparency, and liquidity. The plan is to go even beyond into other arenas such as options and spot margin trading on Hyperliquid DEX in the future.
More about Hyperlend:https://www.rootdata.com/Projects/detail/HyperLend?k=MTQ2OTg%3D
Source:https://x.com/hyperlendx/status/2013275727529959485?s=20
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[Project Progress] Binance Alpha will list Fight.ID (FIGHT) on January 22nd.
Fight.ID is a Web3 fighting ecosystem that turns combat sports fan passion into ownership. Fight.ID is a digital identity for users in the world of MMA, allowing them to track reputation, win rewards, and engage with exclusive content.
More about Fight.ID: https://www.rootdata.com/Projects/detail/Fight.ID?k=MjExNDg%3D
Source: https://x.com/BinanceWallet/status/2013516319438839948
Fight.ID is a Web3 fighting ecosystem that turns combat sports fan passion into ownership. Fight.ID is a digital identity for users in the world of MMA, allowing them to track reputation, win rewards, and engage with exclusive content.
More about Fight.ID: https://www.rootdata.com/Projects/detail/Fight.ID?k=MjExNDg%3D
Source: https://x.com/BinanceWallet/status/2013516319438839948
[New M&A] Alpha Edge Media completes acquisition of Cryptocurrency media platform Coinstack
Coinstack is an institutional-focused cryptocurrency communication and media platform that aims to provide insights and analysis on the evolving landscape of blockchain, digital assets, and decentralized finance.
More about Coinstack:
https://www.rootdata.com/Projects/detail/Coinstack?k=MjMzODg%3D
Source:
https://www.crowdfundinsider.com/2026/01/257487-aethers-alpha-edge-media-acquires-institutional-crypto-newsletter-coinstack/
Coinstack is an institutional-focused cryptocurrency communication and media platform that aims to provide insights and analysis on the evolving landscape of blockchain, digital assets, and decentralized finance.
More about Coinstack:
https://www.rootdata.com/Projects/detail/Coinstack?k=MjMzODg%3D
Source:
https://www.crowdfundinsider.com/2026/01/257487-aethers-alpha-edge-media-acquires-institutional-crypto-newsletter-coinstack/
[New M&A] Mask Network becomes the new steward of Lens Protocol
Lens Protocol is a Web3 social graph on the Polygon Proof-of-Stake blockchain. It is designed to empower creators to own the links between themselves and their community, forming a fully composable, user-owned social graph.
More about Lens Protocol: https://www.rootdata.com/Projects/detail/Lens%20Protocol?k=MjA3Nw%3D%3D
More about Mask Network: https://www.rootdata.com/Projects/detail/Mask%20Network?k=Mjk0
Source: https://lens.xyz/news/mask-network-to-steward-the-next-chapter-of-lens
Lens Protocol is a Web3 social graph on the Polygon Proof-of-Stake blockchain. It is designed to empower creators to own the links between themselves and their community, forming a fully composable, user-owned social graph.
More about Lens Protocol: https://www.rootdata.com/Projects/detail/Lens%20Protocol?k=MjA3Nw%3D%3D
More about Mask Network: https://www.rootdata.com/Projects/detail/Mask%20Network?k=Mjk0
Source: https://lens.xyz/news/mask-network-to-steward-the-next-chapter-of-lens
[New Job Dynamics] In the past three months, RootData has recorded job changes for over 100 key individuals.
Details: https://www.rootdata.com/people
Details: https://www.rootdata.com/people
[New Fundraising] Cork completes $5.5 million seed round financing, led by a16z and CSX
Cork Protocol building a new primitive guaranteeing pegged assets to be swapped 1:1 for base assets (eg ezeth:eth). Cork Protocol aims to help stabilize DeFi and enable deeper peg liquidity.
More about Cork:https://www.rootdata.com/Projects/detail/Cork%20Protocol?k=MTMxOTk%3D
Source:https://www.theblock.co/post/386423/csx-a16z-lead-corks-5-5-million-seed-round-rwa-risk-tradable
Cork Protocol building a new primitive guaranteeing pegged assets to be swapped 1:1 for base assets (eg ezeth:eth). Cork Protocol aims to help stabilize DeFi and enable deeper peg liquidity.
More about Cork:https://www.rootdata.com/Projects/detail/Cork%20Protocol?k=MTMxOTk%3D
Source:https://www.theblock.co/post/386423/csx-a16z-lead-corks-5-5-million-seed-round-rwa-risk-tradable
RootData
Cork Protocol - Tokenized Risk Infrastructure
Cork Protocol building a new primitive for tokenized risk, serving as a programmable risk layer for onchain assets such as vault tokens, yield-bearing stablecoins, liquid (re)staking tokens, and RWAs. Cork’s core primitive enables asset managers and issuers…
[New M&A] Decentralized social media infrastructure firm Neynar is acquiring Farcaster
Farcaster is a decentralized social network that empowers developers to create innovative social networks. It is an open protocol that can support multiple clients, similar to email. Users will always have the freedom to move their social identity between applications, and developers will always have the freedom to build applications with new features on the network.
More about Farcaster: https://www.rootdata.com/Projects/detail/Farcaster?k=MjMxMw%3D%3D
More about Neynar: https://www.rootdata.com/Projects/detail/Neynar?k=MTA0NTY%3D
Source: https://www.theblock.co/post/386549/haun-backed-neynar-acquires-farcaster-after-founders-pivot-to-wallet-app
Farcaster is a decentralized social network that empowers developers to create innovative social networks. It is an open protocol that can support multiple clients, similar to email. Users will always have the freedom to move their social identity between applications, and developers will always have the freedom to build applications with new features on the network.
More about Farcaster: https://www.rootdata.com/Projects/detail/Farcaster?k=MjMxMw%3D%3D
More about Neynar: https://www.rootdata.com/Projects/detail/Neynar?k=MTA0NTY%3D
Source: https://www.theblock.co/post/386549/haun-backed-neynar-acquires-farcaster-after-founders-pivot-to-wallet-app
[Recent new projects on RootData]
Maroo: A compliant, open, and sovereign Layer 1 blockchain designed specifically for the Korean Won economy. Launched by Hashed.
Tenbin: A decentralized on-chain market with the liquidity of TradFi and the utility of DeFi.
Perpetuals: A foreign exchange infrastructure natively on Hyperliquid, starting with perpetual futures and expanding into other structured derivatives.
Pixie Chess: A Web3 chess game inspired by chess, trading card games, and NounsDAO, among others. Incubated by the Paradigm EIR program.
Koimitsu: A collectibles-based game inspired by CryptoKitties and Axie Infinity, rebuilt around confidentiality, patience, and fairness using FHE from Zama.
Smasher: A GambleFi project based on MegaETH.
Cashtag: A social capital launchpad that turns influence into liquidity.
More new projects: https://www.rootdata.com/Projects?sort=1
Maroo: A compliant, open, and sovereign Layer 1 blockchain designed specifically for the Korean Won economy. Launched by Hashed.
Tenbin: A decentralized on-chain market with the liquidity of TradFi and the utility of DeFi.
Perpetuals: A foreign exchange infrastructure natively on Hyperliquid, starting with perpetual futures and expanding into other structured derivatives.
Pixie Chess: A Web3 chess game inspired by chess, trading card games, and NounsDAO, among others. Incubated by the Paradigm EIR program.
Koimitsu: A collectibles-based game inspired by CryptoKitties and Axie Infinity, rebuilt around confidentiality, patience, and fairness using FHE from Zama.
Smasher: A GambleFi project based on MegaETH.
Cashtag: A social capital launchpad that turns influence into liquidity.
More new projects: https://www.rootdata.com/Projects?sort=1
RootData
Maroo - Layer 1 blockchain based on Korean won economy
Maroo is a compliant, open, and sovereign Layer 1 blockchain designed specifically for the Korean Won economy. All gas fees on Maroo are paid in OKRW, a stablecoin pegged to the Korean Won. Maroo enforces compliance logic at the transaction level, allowing…
[New Fundraising] Warden Protocol raised $4 million
Warden Protocol is a full-stack dedicated L1 blockchain designed for developers to build intelligent applications. Warden has created a verifiable, AI-native blockchain with models open to anyone, anywhere, whose outputs directly drive intelligent applications. The platform aims to build an unlimited number of applications: intelligent applications can run seamlessly on-chain, off-chain, and vice versa. Developers using Cosmos, Ethereum, or Solana can use Warden for development. The Warden is chain-agnostic.
More about Warden Protocol:
https://www.rootdata.com/Projects/detail/Warden%20Protocol?k=MTExNTQ%3D
Source:
https://decrypt.co/355413/warden-announces-4-million-strategic-funding-round-led-by-builders-and-infrastructure-partners
Warden Protocol is a full-stack dedicated L1 blockchain designed for developers to build intelligent applications. Warden has created a verifiable, AI-native blockchain with models open to anyone, anywhere, whose outputs directly drive intelligent applications. The platform aims to build an unlimited number of applications: intelligent applications can run seamlessly on-chain, off-chain, and vice versa. Developers using Cosmos, Ethereum, or Solana can use Warden for development. The Warden is chain-agnostic.
More about Warden Protocol:
https://www.rootdata.com/Projects/detail/Warden%20Protocol?k=MTExNTQ%3D
Source:
https://decrypt.co/355413/warden-announces-4-million-strategic-funding-round-led-by-builders-and-infrastructure-partners
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