[New M&A] Bluefin completes its acquisition of Suilend.

Suilend is an autonomous lending and borrowing platform on Sui.

More about Suilend:
https://www.rootdata.com/projects/detail/Suilend?k=MTA2OTM%3D

Source：
https://x.com/zabimx/status/2070128296713482314?s=20

[New Fundraising] Metal completes its seed round financing, co-led by Airwallex and Capital49.

Metal is a global settlement network for tokenized finance, with a mission to build full-stack infrastructure for tokenized products and services, agency commerce, and financial operations—featuring institutional-grade compliance and privacy, as well as global on- and off-ramps.

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

Source：
https://x.com/bzlwang/status/2070145589845667908

[New Fundraising] Venice AI Raises $65 Million in Series A Funding at a $1 Billion Valuation, Led by Dragonfly

Venice is a privacy-focused artificial intelligence platform offers services such as generative conversation and image creation, but it does not hold user data. The platform uses blockchain for permissionless payment, as well as web3 infrastructure for local browser storage and end-to-end encryption.

More about Venice AI: 
https://www.rootdata.com/projects/detail/Venice?k=MTI2NjY%3D

Source：
https://techcrunch.com/2026/07/01/venice-ai-becomes-a-unicorn-with-65m-series-a-as-its-privacy-first-ai-platform-takes-off/

[New Job Dynamics] In the past one month, RootData has recorded job changes for over 100 key individuals.

Details: https://www.rootdata.com/people

[New Fundraising] Extended Secures $12.5M Strategic Round Led by eToro

Extended is a self-custody exchange with on-chain trade settlement and complete transparency, dedicated to delivering the trading experience that rivals CEXs

More about Extended：https://www.rootdata.com/projects/detail/Extended?k=MTY3MTY%3D

Source：https://www.theblock.co/post/407093/etoro-leads-12-5-million-round-in-onchain-perps-exchange-extended

[New Fundraising] THEA Secures $8M to Build Solana-Based AI Coordination Layer

Thea is a project developing predictive decision-making artificial intelligence solutions for the risk market ecosystem.

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

Source：https://cryptobriefing.com/thea-raises-8m-solana-ai-coordination/

[New M&A] Fhenix Acquires FHE Infrastructure Firm SunscreenTech

Sunscreen is a privacy engine that aims to make advanced privacy technology, such as Fully Homomorphic Encryption (FHE), accessible to engineers so that they can easily build and deploy private applications.

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

Source：https://x.com/fhenix/status/2072651555292258399

[New Fundraising] EDX Markets Completes $76 Million Series C Funding Round Led by SBI Holdings

EDX Markets (EDXM) is a platform for trading cryptocurrency and other digital assets. It combines proven technology with the best of traditional financial markets, enabling a highly liquid cryptocurrency ecosystem. This ecosystem aggregates liquidity from multiple market makers, reducing spreads and improving transparency.

More about EDX Markets：https://www.rootdata.com/projects/detail/EDX%20Markets?k=NDA0NQ%3D%3D

Source：https://www.prnewswire.com/news-releases/edx-markets-closes-76-million-series-c-funding-round-led-by-sbi-holdings-to-enhance-institutional-digital-asset-infrastructure-302819428.html

[New Fundraising] Tether Makes a $20 Million Strategic Investment in Mercado Bitcoin

Mercado Bitcoin describes itself as an alternative asset trading platform in Latin America. It supports Brazilian Reals (BRL), offering BRL pairs for BTC, ETH, XRP, BCH, LTC, and USDC. In 2019, MB launched MB Digital Assets, an asset tokenization initiative that has issued more than BRL 25 MM in asset-backed tokens.

Source：https://tether.io/news/tether-to-invest-20-million-in-strategic-financing-round-for-mercado-bitcoin-to-accelerate-onchain-financial-infrastructure-in-latin-america/

More about Mercado Bitcoin：https://www.rootdata.com/projects/detail/Mercado%20Bitcoin?k=MzkzOQ%3D%3D

[Upcoming Key Events for Crypto Projects: Next Two Weeks]
Read more: https://www.rootdata.com/calendar

KOR Protocol Completes $7.5 Million Series A Funding Round at a $100 Million Valuation, with 1kx and Others Participating

KOR Protocol is an entertainment IP infrastructure that allows creators such as Black Mirror, deadmau5 and more to manage, distribute and monetise their IPs on-chain through an ecosystem of AI tools and applications.

Source：https://www.theblock.co/post/407465/1kx-blockchain-capital-7-5-million-kor-protocol-series-a-100-million-valuation

More about KOR Protocol：https://www.rootdata.com/projects/detail/KOR%20Protocol?k=MTM1ODI%3D

[List of trending projects over the past 24 hours]: https://www.rootdata.com/

[New Fundraising] Prime Intellect completed its $130 million Series A at a $1 billion valuation led by Radical Ventures, with participation from Nvidia Ventures, Intel Capital, Dell Technologies Capital, Iconiq, and a long list of angel investors.

Prime Intellect is a decentralized AI platform that commoditizing compute and intelligence. Empowering developers with more affordable and distributed computing, and a sustainable business model for open source models.

Source：
https://techcrunch.com/2026/07/08/prime-intellect-raises-130m-series-a-to-help-enterprises-build-their-own-ai-agents/

More about Prime Intellect:
https://www.rootdata.com/projects/detail/Prime%20Intellect?k=MTEwNTU%3D

[New M&A] Nium acquires crypto wallet company Cypher

Cypher is a multi-chain wallet focused on EVM+Cosmos chains, aiming to simplify the wallet with an in-built bridge and a non-custodial crypto card.

More about Cypher：https://www.rootdata.com/projects/detail/Cypher?k=MTk1MQ%3D%3D

Source：https://cypherhq.io/blog/cypher-is-being-acquired-by-nium

[New Fundraising] Gauntlet Secures $125 Million Investment from SBI Holdings

Gauntlet is a simulation platform for on-chain risk management. It uses agent-based simulation to tune a protocol's key parameters, improving capital efficiency, fees, risk, and incentives.

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

Source：
https://fortune.com/2026/07/09/gauntlet-defi-vault-risk-curation-tarun-chitra-sbi-holdings-fundraise/

[New Fundraising] Elliptic Secures Investment from Circle Ventures

Elliptic enables financial institutions and cryptocurrency businesses to manage risk on the blockchain by using technology-enabled crypto AML compliance.

More about Elliptic: 
https://www.rootdata.com/projects/detail/Elliptic?k=MzY1NA%3D%3D

Source：
https://x.com/elliptic/status/2075189473357271542

[New Fundraising] QIZ Security Completes $17 Million Seed Round Led by Bessemer Venture Partners and Merlin Ventures

QIZ Security is an enterprise security platform that specializes in post-quantum cryptography (PQC) and cryptographic management, assisting organizations in discovering, inventorying, prioritizing, and governing their cryptographic assets to address quantum computing risks.

More about QIZ Security: 
https://www.rootdata.com/projects/detail/QIZ%20Security?k=MjUyNjM%3D

Source：
https://www.prnewswire.com/news-releases/qiz-security-raises-17m-seed-to-lead-cyber-readiness-for-the-post-quantum-era-302820074.html

[New Job Dynamics] In the past one month, RootData has recorded job changes for over 100 key individuals.

Details: https://www.rootdata.com/people

[New Fundraising] Flex Closes $70 Million Series B1 Funding Round, Led by Halo Fund

Flex is an AI-native fintech platform dedicated to providing integrated financial solutions for medium-sized business owners. It is launching Flex Global, a stablecoin-based cross-border commercial banking platform to help mid-sized enterprises conduct global payments and fund management through stablecoin infrastructure.

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

Source：
https://www.forbes.com/sites/digital-assets/2026/07/14/flex-raises-70-million-to-put--business-banking-on-stablecoin-rails/

[New Fundraising] Velocity Closes $38 Million Series A Funding Round Led by Dragonfly

Velocity is a payment and fund management platform built for corporate CFOs and global finance teams. It uses stablecoin technology to unify payment, real-time settlement, fund management and foreign exchange on a programmable platform, enabling 24/7 instant global flow of funds without the need for pre-deposited funds and earning income, helping companies bid farewell to traditional slow cross-border financial processes.

More about Velocity: 
https://www.rootdata.com/projects/detail/Velocity?k=MjQ4NzQ%3D

Source：
https://fortune.com/2026/07/14/exclusive-payments-startup-velocity-38-million-businesses-stablecoin-growth/

[New Fundraising] Pact Labs Completes $7 Million Series A Funding Round Led by Tether

Pact Labs is a blockchain technology company specializing in Asset-based Lending (ABL), building an integrated and cross-border on-chain credit infrastructure through smart contracts and stablecoins.

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

Source：
https://tether.io/news/tether-leads-7-million-series-a-in-pact-labs-to-expand-usat-across-payroll-and-payments/