18 Blockchain Financing Events Announced This Week, Total Disclosed Financing Amount Approximately $128 Million

According to incomplete statistics from Odaily Planet Daily, there were 18 blockchain financing events announced at home and abroad from September 16 to September 22, which was a decrease from last weeks data (23). The total amount of financing disclosed was approximately US$128 million, which was a decrease from last weeks data (US$220 million).

According to incomplete statistics from Odaily Planet Daily, there were 18 blockchain financing events announced at home and abroad from September 16 to September 22, which was a decrease from last week's data (23). The total amount of financing disclosed was approximately US$128 million, which was a decrease from last week's data (US$220 million).

Last week, the project that received the most investment was the DeFi platform Drift ($25 million); followed closely by the Solana developer platform Helius ($21.75 million).

The following are specific financing events (Note: 1. Sort by the amount of money announced; 2. Excludes fund raising and MA events; 3. * indicates a traditional company whose business involves blockchain):

Solana Ecosystem DeFi Platform Drift Completes $25 Million Series B Financing, Led by Multicoin Capital

On September 19, Solana Ecosystem DeFi platform Drift announced the completion of a $25 million Series B financing round, led by Multicoin Capital, with participation from Blockchain Capital, Primitive Ventures, Folius Ventures, and others. The new financing brings Drift's total financing to $52.5 million. The company plans to double its headcount from 25 to 50 next year.

Solana developer platform Helius completes $21.75 million in financing, with participation from Haun Ventures and others

On September 19, Solana developer platform Helius announced the completion of a $21.75 million financing round, with participation from Haun Ventures, Founders Fund, Foundation Capital, 6th Man Ventures, Chapter One and Spearhead.

Hemi Labs Completes $15 Million Financing, Led by Breyer Capital and Binance Labs

On September 18, modular blockchain development company Hemi Labs announced the completion of a $15 million financing round, led by Binance Labs, Breyer Capital and Big Brain Holdings, with participation from Crypto.com, Web3 Ventures, HyperChain Capital, Alchemy, SALT Fund, Kelly Investments, Sunflower Capital, DNA Fund, Gate Ventures, Quantstamp, TRGC, BTC INC, Artichoke Capital, Cypher Capital, SNZ Holding, C 6 E, IBG Capital, Protein Capital, MON Ventures, SV 5, Impossible Finance, Jihan Wu, George Burke and Sonny Singh. It is reported that it plans to launch the mainnet in the fourth quarter.

Decentralized clearing network Yellow Network completes $10 million seed round of financing, led by Ripple co-founder Chris Larsen

On September 17, the decentralized clearing network Yellow Network completed a $10 million seed round of financing. This round of financing was led by Ripple co-founder Chris Larsen, and participated by Consensys, GSR, NxGen, MV Global, Gate Labs, ZBS Capital, Moonrock Capital, Math, Cobo, NOIA Capital and LD Capital.

Content delivery network Pipe Network completes $10 million financing, Multicoin leads the investment

On September 16, Permissionless Labs, the development company behind the content delivery network Pipe Network, completed a $10 million financing round led by Multicoin. The project aims to help people quickly expand CDN nodes where they are most needed by borrowing existing computing power. It is reported that the project will rely on the Solana blockchain.

Crypto trading platform TrueX completes $9 million in financing, with Hack VC and others participating

On September 18, two former senior employees of Coinbase are co-founding a cryptocurrency trading platform called TrueX, which has completed $9 million in financing, with RRE Ventures and Hack VC participating. It is reported that TrueX uses PayPal's stablecoin PYUSD as its preferred trading token. PYUSD issuer Paxos will provide third-party custody services for TrueX users. TrueX will first be open to US institutions and some international institutions in certain regions.

UAE blockchain and AI company Capstone Technology raises $5.45 million to develop its GAYA project

On September 18, Capstone Technology, a UAE blockchain and artificial intelligence company, completed a $5.45 million financing to promote the development of its GAYA blockchain project, which aims to create a network for entrepreneurs in the gaming, AI and entertainment sectors. Capstone Technology plans to use the funds to manage technology assets, develop Web3 applications, expand regional influence, and improve its platform.

Fermah completes $5.2 million seed round of financing, led by Lemniscap and others

On September 17, Fermah, a developer of the universal proof generation layer, completed a $5.2 million seed round of financing, led by a16zs CSX and Lemniscap, with participation from Bankless Ventures, Longhash Ventures, P-OPS team, Public Works, ZK Validator, Lambda Class, Daedalus, Zero DAO, Velocity