RootData
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Daily update Rootdata project database status, including new projects, new fundraising, and projects recently launched Mainnet and Testnet, etc.
Website: https://www.rootdata.com/
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[New Fundraising] OpenTrade Secures $17 Million in Strategic Funding Led by Mercury Fund and Notion Capital

OpenTrade provides Web3 treasurers access to on-chain structured financial products backed by investment-grade, real-world financial assets. It sources short-term, investment-grade RWAs through a global network of financial institutions, asset managers, and B2B networks and structures them into yield-bearing, on-chain financial products.

More about OpenTrade: 
https://www.rootdata.com/projects/detail/OpenTrade?k=NjgxMQ%3D%3D

Source: 
https://www.theblock.co/post/400187/opentrade-raises-17m-to-expand-stablecoin-yield-infrastructure-after-topping-200m-tvl
[New M&A]Kraken acquires Reap for $600 million

Reap is a Web3 Payment Infrastructure that helps users manage their fiat finances. Centred around a secured corporate credit card, Reap removes the merchant acceptance barrier for B2B expenses and enables projects to streamline their expense management processes.

More about Reap: 
https://www.rootdata.com/projects/detail/Reap?k=NDU4Nw%3D%3D

Source: 
https://www.bloomberg.com/news/articles/2026-05-07/kraken-parent-to-buy-reap-for-600-million-in-asian-expansion
[New Fundraising] Saturn has completed a $2 million seed round led by The Spartan Group, with participation from Anchorage Digital and Susquehanna Crypto.

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/saturn_credit/status/2052410386813681984?s=20
[New Fundraising] Antier Solutions Raises $3 Million in Funding Led by GVFL

Antier Solutions is an Indian blockchain and Web3 development company focused on providing full-stack blockchain solutions to enterprises, including services such as crypto exchanges (CEX/DEX/white label/hybrid/derivatives), DeFi, NFT markets, Prediction Marketplaces, asset tokenization, Metaverse, AI integration, smart contract development, and Market Making Services.

More about Antier Solutions: 
https://www.rootdata.com/projects/detail/Antier?k=MzYxNw%3D%3D

Source: 
https://www.prnewswire.com/news-releases/gvfl-leads-3m-investment-in-antier-solutions-to-scale-enterprise-blockchain-infrastructure-302767080.html
[New Fundraising] Charms Raises $1.5 Million in Pre-Seed Funding, with Coinbase Ventures Among Investors

Charms is an Alive Assets platform that aims to deeply integrate AI characters with the on-chain economy, turning emotional connections into live assets that can be owned and traded.

More about Charms: 
https://www.rootdata.com/projects/detail/Charms?k=MjMyMDA%3D

Source: 
https://decrypt.co/367543/charms-raises-1-5m-pre-seed-to-bring-the-ai-character-economy-onchain
[New Fundraising] Genius Group Makes a $5 Million Strategic Investment in Jewel Bank

Jewel Bank is the institutional banking platform for the global digital asset economy. It provides core banking infrastructure to the world's leading exchanges, institutional investors, and payments platforms. Jewel standardizes key banking functions, such as digital asset banking, payments, fiat on/off ramps, custody, crypto-collateralized lending, stablecoin issuance, and real-time settlement services. This brings stability, consistency, and reliability to the digital asset ecosystem.

More about Jewel Bank: 
https://www.rootdata.com/projects/detail/Jewel%20Bank?k=NDE2NQ%3D%3D

Source: 
https://www.globenewswire.com/news-release/2026/05/12/3292869/0/en/genius-group-launches-new-digital-banking-and-stablecoin-initiative-designed-to-complement-ai-powered-education-platform.html
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[New M&A] Movement Acquires Canopy

Canopy is a DeFi platform on Movement that uses a dynamically balanced dual-token ecosystem of $LEAF and $OAK, and also allows users to provide liquidity with single asset deposits.

More about Canopy: 
https://www.rootdata.com/projects/detail/Canopy?k=MTUwMzM%3D

Source: 
https://www.movementnetwork.xyz/article/movement-acquires-canopy-bringing-vault-infrastructure-in-house
[New Fundraising] Turnkey Completes $12.5 Million Strategic Funding Round, with Circle Ventures Among the Investors

Turnkey is a purpose-built secure private key infrastructure for crypto developers. It enables developers to use simple APIs to dynamically generate thousands of wallets and to sign tens of thousands of transactions across any chain. Flexible, programmable permissions ensure that developers only sign what they want.

More about Turnkey: 
https://www.rootdata.com/projects/detail/Turnkey?k=NzQwMQ%3D%3D

Source: 
https://www.coindesk.com/business/2026/05/06/turnkey-raises-usd12-5-million-in-round-backed-by-circle-ventures-and-sequoia-capital
[New Fundraising] Onramp Raises $12.5 Million in Series A Funding, Led by Early Riders

Onramp is a bitcoin asset management platform that offers multi-institutional custody solutions for individuals and institutions seeking secure and efficient bitcoin ownership. With a powerhouse advisory team and a commitment to bitcoin education, Onramp is dedicated to helping clients navigate the complexities of bitcoin ownership while maximizing security and minimizing counterparty risk. Onramp was designed from the ground up for HNWI, Family Offices, Investment Funds, Corporations, and Institutions that want best-in-class custody without any tradeoffs.

More about Onramp: 
https://www.rootdata.com/projects/detail/Onramp?k=OTgxNw%3D%3D

Source: 
https://www.axios.com/pro/fintech-deals/2026/05/14/onramp-bitcoin-custody-series-a
[New Fundraising] Nof1 Raises $15 Million in Funding, Co-Led by SUI Group and Karatage

nof1 is an artificial intelligence research laboratory focusing on financial markets. Its Alpha Arena is a benchmark designed to measure artificial intelligence investing capabilities. Each model is played in the real market with $10,000 of real money and has the same tips and input data.

More about Nof1: 
https://www.rootdata.com/projects/detail/nof1?k=MjE5OTQ%3D

Source: 
https://www.coindesk.com/tech/2026/05/15/wall-street-is-starting-to-notice-one-of-crypto-s-smartest-ai-bets
[New Fundraising] AEON Closes $8 Million Pre-Seed Funding Round Led by YZi Labs

AEON is the next-generation crypto payment framework, built for AI to drive intelligent, automated payments across Web3 and simplify how crypto works in real life. With omni-chain support, AEON's AI Payments system allows intelligent agents to manage and automate transactions, payments, subscriptions, and remittances for users.

More about AEON: 
https://www.rootdata.com/projects/detail/AEON?k=MTQ3MTA%3D

Source: 
https://www.theblock.co/post/401601/aeon-raises-8-million-yzi-labs
[New Fundraising] Ouinex has raised $3.5 million, bringing its total funding to $9 million

Ouinex is a digital asset exchange; by prioritizing transparency, liquidity, and sophistication, Ouinex delivers an institutional-level trading experience for beginners and experts alike.

More about Ouinex: 
https://www.rootdata.com/projects/detail/Ouinex?k=ODE3MA%3D%3D

Source: 
https://www.forbes.com/sites/boazsobrado/2026/05/19/fish-in-a-tank-with-sharks-ouinex-hits-9m-to-kill-the-order-book/
[New Fundraising] Catena Labs Raises $30 Million in Series A Funding, Led by a16z crypto and Acrew Capital

Catena Labs is a Web3 product development company incubating independent products spanning identity, communications, artificial intelligence, and commerce. Products currently launched include developer API and component suite DecentKit, decentralized social network Duffle, and custom AI agent solution Friday.

More about Catena Labs: 
https://www.rootdata.com/projects/detail/Catena%20Labs?k=MTAxODM%3D

Source: 
https://fortune.com/2026/05/20/catena-labs-series-a-sean-neville-ai-native-bank/