20 Public Financing Events in the Blockchain and Cryptocurrency Industry

According to incomplete statistics from RootData, during the period from March 10 to March 16, 2025, there were a total of 20 public financing events in the blockchain and cryptocurrency industry

Organizer: Luan Peng, RootData

According to incomplete statistics from RootData, during the period from March 10 to March 16, 2025, there were a total of 20 public financing events in the blockchain and cryptocurrency industry, with a cumulative financing amount of approximately $2.205 billion.

From the perspective of track distribution, the projects that received financing are mainly distributed in the infrastructure and AI tracks. Popular projects include the decentralized infrastructure Offline Protocol, the crypto payment company Mesh, the crypto lending protocol Templar Protocol, and the Solana ecosystem staking infrastructure Rakurai.

In addition, the Solana ecosystem DePIN project Shaga announced the completion of $4 million in financing, led by IOSG Ventures, with investors including Everyrealm, Amber Group, MH Ventures, and several angel investors.

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

I. Infrastructure

MemeCore, a meme coin and decentralized innovation platform, completes token round financing with participation from Waterdrip Capital, CatcherVC, and IBC Group

The blockchain platform MemeCore, focused on meme coins and decentralized innovation, has completed a token round financing with participation from Waterdrip Capital, CatcherVC, and IBC Group. This financing marks an important step for MemeCore in building its ecosystem and integrating blockchain technology with meme culture.

In addition to investment, MemeCore will further collaborate with Waterdrip Capital, CatcherVC, and IBC Group to explore potential strategic partnerships. These collaborations may include ecosystem expansion plans, joint development of blockchain infrastructure, and establishing partnerships with the rich portfolio projects of the three institutions. With the professional resources and industry influence of these investment institutions, MemeCore aims to enhance the utility of its ecosystem, strengthen market positioning, and promote widespread adoption in the Web3 space.

MemeCore CEO Jun stated, "MemeCore is committed to creating a decentralized 'playground' that empowers meme communities and blockchain projects. The support from Waterdrip Capital, CatcherVC, and IBC Group not only recognizes our vision but also provides us with strategic guidance and industry resources to accelerate our growth. We look forward to working closely with new partners to drive meaningful innovation and create long-term value for our ecosystem."

On-chain AI model verification and leasing market Aura completes $5.5 million seed round financing, led by Daxos Capital

According to Chainwire, the on-chain AI model verification and leasing market Aura has completed $5.5 million in seed round financing, led by Daxos Capital, Manifold Trading, and Selini Capital, with Hermeneutic Investments participating.

With the completion of this round of financing, Aura is accelerating its technology roadmap and preparing for the next phase of platform development.

Decentralized infrastructure Offline Protocol completes $1.1 million Pre-Seed round financing, led by Portal Ventures

Decentralized infrastructure Offline Protocol has completed $1.1 million in Pre-Seed round financing, led by Portal Ventures, with participation from Seed Club Ventures and angel investors Paul Taylor, Rushi Manche, Rahim Noorani, and others. The funds raised will be used to develop its privacy-resistant censorship network.

The decentralized infrastructure of Offline Protocol enables seamless peer-to-peer communication, offline payments, and local-first applications without relying on centralized servers or traditional networks.

Axelar Foundation discloses completion of $30 million AXL token sale

According to The Block, the Axelar Foundation has announced a strategic AXL token sale worth $30 million. The foundation stated on Tuesday that several cryptocurrency investors participated in this token sale, including Arrington Capital, Distributed Global, Electric Capital, Laser Digital, C² Ventures, Plassa Capital, and Wagmi Ventures. However, the foundation declined to disclose the sale price or valuation of the AXL tokens. The Axelar Foundation plans to expand the use of dollars through stablecoins and support the institutional tokenization of real-world assets (RWA) through its interoperability protocol.

A spokesperson for the foundation stated that these investments were made "in recent months." "Some of the investments involved purchasing unlocked AXL tokens from the Axelar Foundation's community project allocation, which will be subject to a new lock-up period ranging from six to twelve months." This means that the Axelar Foundation is not the only seller in this transaction. The spokesperson declined to disclose the identities of other sellers. Other sellers may have facilitated the transaction through over-the-counter (OTC) trading, where investors acquired AXL tokens that are already in circulation.

According to the foundation's spokesperson, the latest $30 million investment announced by the Axelar Foundation, combined with the previous $100 million raised through multiple rounds of financing and a public token sale, further increases its total investment amount.

Crypto payment company Mesh completes $82 million Series B financing, led by Paradigm

Crypto payment company Mesh announced the completion of $82 million in Series B financing to expand its stablecoin-based payment settlement network