During the period from November 18 to November 24, 2024, there were a total of 19 public financing events in the blockchain and cryptocurrency industry, with a total financing amount of approximately $145.1 million.

According to incomplete statistics from RootData, during the period from November 18 to November 24, 2024, there were a total of 19 public financing events in the blockchain and cryptocurrency industry, with a total financing amount of approximately $145.1 million. From the perspective of track distribution, the projects that received financing are mainly concentrated in the infrastructure and DeFi tracks.

Organizer: Luan Peng, RootData

According to incomplete statistics from RootData, during the period from November 18 to November 24, 2024, there were a total of 19 public financing events in the blockchain and cryptocurrency industry, with a total financing amount of approximately $145.1 million.

From the perspective of track distribution, the projects that received financing are mainly concentrated in the infrastructure and DeFi tracks. Popular projects include the Move ecosystem development platform Shinami, the DeFi project Exponent, the crypto fantasy sports platform Monkey Tilt, and the hybrid payment platform Rise Labs.

In addition, the stablecoin company Noble completed a $15 million Series A financing round, led by Paradigm. Noble's total financing has reached $18.3 million and has established partnerships with stablecoin issuers such as Circle, Ondo Finance, Hashnote Labs, and Monerium, currently managing assets exceeding $458 million.

(List of projects with financing greater than $5 million last week, data source: * Rootdata）

1. Infrastructure

Crypto wallet Deblock, created by former Revolut and Ledger executives, completes approximately $16.8 million seed round financing

According to Sifted, crypto wallet Deblock, created by former Revolut and Ledger executives, has completed an additional £13.3 million (approximately $16.8 million) in seed round financing, as reported in documents submitted to the UK Companies House this month. Another document from October shows that Headline, Hoxton, 20VC, and Chalfen are the main investors in this round. Sifted previously reported that the startup quietly raised €12 million last year.

Deblock was co-founded in August 2022 by former Revolut cryptocurrency head Jean Meyer, payment head Aaron Beck, and former Ledger engineering head Mario Eguiliuz. Later that year, the startup poached Adriana Restrepo, the Chief Operating Officer of Revolut's European banking business, to serve as its fourth founder.

Deblock CEO Jean Meyer declined to comment on this round of financing. According to its website, the Deblock app is currently only available in France, where it is regulated by electronic money institutions and digital asset service providers.

According to RootData, Deblock is an integrated current account with a non-custodial wallet, allowing users to deposit, withdraw, spend, and exchange euros or cryptocurrencies.

Move ecosystem development platform Shinami completes $5.645 million seed round financing, led by Race Capital

According to PRNewswire, the Move ecosystem development platform Shinami announced the completion of $5.645 million in seed round financing, led by Race Capital, with participation from 6th Man Ventures, Coinbase, Circle, and Mysten Labs, along with an additional investment from the Aptos Foundation (specific amount undisclosed).

According to RootData, Shinami is building an infrastructure developer platform for Sui, with products designed to help teams build applications faster with better user experiences and lower costs, including node services and in-app wallets.

Crypto AI startup OpenLayer completes $5 million seed round financing, with participation from a16z CSX

Crypto AI startup OpenLayer has completed $5 million in seed round financing, with participation from a16z Crypto Startup Accelerator (CSX), Geometry, IOSG Ventures, Spartan Group, LongHash Ventures, and undisclosed angel investors from EigenLayer, AltLayer, Puffer Finance, and Sei Network.

The financing process began in June and ended in August. This round of financing utilized a Simple Agreement for Future Equity (SAFE) structure. OpenLayer plans to launch its own token in the future. Currently, OpenLayer has 7 employees in the U.S. and plans to hire two more engineers.

OpenLayer acts as an AI data layer, allowing users to contribute and verify data through a Chrome extension and earn points. According to its website, application developers can access this user data with user consent, thereby protecting privacy. Use cases include training AI models, user targeting, and enhancing functionalities.

Stablecoin company Noble completes $15 million Series A financing, led by Paradigm

According to Fortune, stablecoin company Noble has completed $15 million in Series A financing, led by Paradigm. Noble's total financing has reached $18.3 million, and it has established partnerships with stablecoin issuers such as Circle, Ondo Finance, Hashnote Labs, and Monerium, currently managing assets exceeding $458 million.

According to the RootData platform, Noble aims to bridge the gap between stablecoin issuers like Circle and application chain builders by developing a platform that offers higher liquidity. Noble acts as an intermediary, collaborating with stablecoin issuers to efficiently distribute their products across 50 different blockchains and providing developers with a seamless user interface to ensure their application chains are compatible with Noble. The company has already partnered with several stablecoin issuers, attracting over $4