Securitize Scores $47 Million
Securitize, a major player in digital asset securities, snagged the lion’s share of recently raised funds.On May 1, the company finalized a significant funding round, pulling in $47 million. BlackRock, the world’s largest asset manager, spearheaded the effort.
Agora Raises $5 Million
Agora, a platform for cross-chain governance, secured $5 million in seed funding.Haun Ventures — known for backing Chainalysis, Argus Labs, and Sona — led the investment. Notable contributions also came from Seed Club, Coinbase Ventures, and industry heavyweights like Coin Center co-founder Balaji Srinivasan, podcast host and investor Sina Habibian, and Ethereum developer Tim Beiko.Agora provides a complete governance system for decentralized communities, offering essential tools such as gasless voting, proposal sponsorship, and API integration. Its notable clients include Optimism (OP) and Uniswap (UNI).
Moso Nabs $2 Million
Moso, a shop-to-earn platform based in Los Angeles that combines crypto with online shopping, successfully closed a $2 million seed funding round in late April.Symbolic Capital and Dao5 are among the backers.
X10 Secures $6.5 Million
Elsewhere, former Revolut employees have launched X10, a hybrid crypto exchange, and secured $6.5 million in funding.
Hinkal Secures $1.4 Million
Lastly, Hinkal, a San Francisco-based privacy layer for confidential decentralized finance (DeFi) transactions across multiple chains, raised $1.4 million led by the SALT Fund.
Summary Review: The recent influx of venture capital funding highlights the growing interest and investment in various sectors of the digital asset ecosystem. Companies like Securitize, Agora, Moso, X10, and Hinkal are paving the way for innovation in decentralized finance, cross-chain governance, crypto exchanges, and privacy solutions. With support from notable investors and industry leaders, these startups are poised to make significant strides in their respective fields, driving further adoption and development within the global financial landscape. As the digital asset space continues to evolve, the future looks promising for those at the forefront of this technological revolution.
Disclaimer: Remember that nothing in this article and everything under the responsibility of Web30 News should be interpreted as financial advice. The information provided is for entertainment and educational purposes only. Investing in cryptocurrency involves inherent risks and potential investors should be aware that capital is at risk and returns are never guaranteed. It is imperative that you conduct thorough research and consult with a qualified financial advisor before making any investment decision.
