PHOENIX - Crypto News & Analytics
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​​Symbiotic raises $29M in a Series A funding round

#Symbiotic secures $29M in a Series A funding round led by Pantera Capital, with participation from Coinbase Ventures and over 100 angel investors. Symbiotic will utilize secured funds to expand from restaking into a broader universal staking platform. The Series A brings Symbiotic's total funding to $34.8M.

Symbiotic is a generalized restaking system that helps decentralized networks create robust, self-sufficient ecosystems.

πŸ‘‰ theblock.co/post/351648/paradigm-restaking-symbiotic-series-a-funding

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​​TOP #GAMING PROJECTS BY SOCIAL ACTIVITY

$RENDER $DARK $FLOKI $VOXEL $VRA $GALA $APE $MAGIC $IMX $NAKA

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​​Immutable and Ubisoft have unveiled the Web3 game Might & Magic Fates

Immutable and Ubisoft have revealed the launch of the Web3 game Might & Magic Fates this year. The game will offer a true Might and Magic trading card experience with hundreds of iconic cards to collect, featuring original mechanics, unique card types and creature abilities.

Immutable is a Layer 2 scaling solution built on Ethereum, specifically optimized to improve the efficiency and performance of non-fungible tokens.

πŸ‘‰ x.com/Immutable/status/1915030766804758664

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​​Daily Summary on April 24, 2025

$TRUMP $WAL $SUI $TAO $POL $BTC $ETH $SOL $XRP

#dailysummary #DeFi #Crypto

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​​DAILY GAINERS

$PSTAKE +92.3%
$MEMEFI +85.5%
$ARDR +44.7%
$TRUMP +27.9%
$SYN +17.9%
$B3 +16.8%
$STRAX +14.9%
$NMR +13.5%
$XCN +12.9%
$STPT +10.2%

#dailygainers

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​​TOP 10 COINS BY LUNARCRUSH GALAXY SCORE

$POOLX $AERGO $ETH $JUP $BTC $YFI $AAVE $BNB $QUICK $FORTH

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​​TOP #LAYER1 PROJECTS BY SOCIAL ACTIVITY

$BTC $ETH $SOL $ADA $SUI $BNB $TAO $S $KAS $HBAR

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Initia has been listed on multiple exchanges

#Initia $INIT has been listed on Binance, Bybit, Gate, HTX, KuCoin, MEXC, Bitget, BingX, and other exchanges today, on April 24, at 11:00 UTC. Initia previously introduced farming on #BinanceLaunchpool, offering a reward pool of 30M $INIT.

Current $INIT price is $0.67
Current market cap is $99.84M
Current FDV is $671.21M

Initia is a #Layer1 blockchain network that utilizes the #CosmosSDK to enhance scalability and interoperability within the blockchain ecosystem.

πŸ‘‰ x.com/initia/status/1915360507684675607

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​​LATEST BINANCE LAUNCHPOOL PROJECTS

Let's review the token metrics of the latest projects that were recently listed on Binance through the Binance Launchpool:

#RedStone | Launchpool rewards: 40M $RED
#Nillion | Launchpool rewards: 35M $NIL
#GUNZ | Launchpool rewards: 400M $GUN
#WalletConnect | Launchpool rewards: 40M $WCT
#Initia| Launchpool rewards: 30M $INIT

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​​RockawayX raises $125M for its second early-stage fund

#RockawayX secures $125M for its second early-stage fund focused on companies building on the #Solana blockchain. Approximately two-thirds of the new fund will be allocated to seed investments, while the remaining portion will be held in liquid, income-generating assets.

πŸ‘‰ forbes.com/sites/digital-assets/2025/04/24/solanas-2-billion-early-backer-rockawayx-launches-new-125-million-fund/

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​​Theo raises $20M in a funding round

#Theo secures $20M in a funding round co-led by Hack VC and Anthos Capital, with participation from Citadel, Jane Street, JPMorgan, MEXC, Mirana Ventures, Manifold, Flowdesk and Selini Capital. Theo plans to use the funds to develop an intuitive infrastructure that simplifies and automates complex trading strategies, eliminating the need for technical expertise.

Theo offers a platform for retail users to deposit assets into vaults utilizing advanced strategies.

πŸ‘‰ theblock.co/post/351739/hack-vc-anthos-capital-crypto-trading-theo-total-funding-20-million

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​​FLock.io unveils a partnership with Alibaba Cloud's Qwen

#FLockio partners with #Qwen, a world-leading open-source LLM series developed by #AlibabaCloud. Through this partnership, FLock.io will develop a range of #AI models using Alibaba Cloud's infrastructure and products. Looking ahead, both parties will combine their technical expertise to explore research opportunities and practical applications in the field of AI.

FLock.io is a decentralized AI platform focused on transparency, security, and trust in AI ecosystems.

πŸ‘‰ x.com/flock_io/status/1915375174620504386

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​​Securitize launches the Mantle Index Four Fund

#Securitize has launched the Mantle Index Four (MI4) Fund, backed by a $400M investment from #Mantle. #MI4 is designed to meet rising demand among global allocators for professionally managed, regulated, and potentially yield-enhanced exposure to top crypto assets by market cap without the operational complexity of direct ownership and custody.

πŸ‘‰ x.com/Securitize/status/1915375219285413956

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​​Fleek will conduct its token sale on CoinList

❗️EXCLUSIVE FOR PHOENIX SUBSCRIBERS❗️

CoinList team has provided a special promo code that will significantly increase your chance of being selected for the sale: PHOENIX

#Fleek token sale will be conducted on #CoinList, running from May 1st at 17:00 UTC to May 8th at 17:00 UTC. A total of 6,666,667 $FLK tokens will be allocated for sale. The token sale price is $0.75, with 100% unlock at TGE. The Token Generation Event is anticipated to take place during Q3 2025.

Fleek Network is a decentralized, open-source platform and protocol that enables the creation, operation, and orchestration of edge services. Fleek had previously secured $30M in funding rounds from Polychain Capital, Coinbase Ventures, DCG, Protocol Labs, Arweave, and others.

πŸ‘‰ coinlist.co/fleek

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​​Helium Network unveils a partnership with AT&T

#HeliumNetwork partners with American multinational telecommunications holding company AT&T. Through this partnership, #ATT subscribers gain access to Helium’s community-powered Wi-Fi network, boosting coverage and improving mobile service. As part of its broader wireless convergence strategy, AT&T is also among the first to adopt Helium’s innovative real-time coverage quality metrics.

Helium Network is a decentralized, blockchain-based wireless infrastructure project that allows individuals and organizations to deploy and operate wireless networks through token incentivization.

πŸ‘‰ blog.helium.com/helium-network-brings-wi-fi-connectivity-to-att-a8fa5b1da1e9

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