🚀TrendX Financing Daily News 12/20/2023

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【1】Fiat Republic

Amount: $7 million

Stages: Extended Seed Round

Date: December 19

Investors: Fabric Ventures, Kraken Ventures, Arca, Speedinvest, Credo Ventures, Seedcamp, Inovo.vc

Category: CeFi, Payments, Fiat Channel

Description: Fiat Republic is a London-based fintech with a mission to bring banking to web3. Their platform brings together crypto-friendly banks, allowing crypto platforms to easily create accounts in multiple currencies, access local payment rails and FX via a single API built with a developer-first ethos. With a strong focus on AML, compliance, and security, Fiat Republic has a vision to more closely align traditional finance with crypto providers.

Additions: Fiat Republic raised $ 2.5 M in Seed round on June 9, 2022

Website： https://fiatrepublic.com/

Twitter： https://twitter.com/FiatRepublic

【2】Fyde

Amount: $3.2 million

Stages: Seed round

Date: December 19

Investors: OP Crypto, Arrington Capital, Big Brain Holdings, Merit Circle

Category: On-chain financial solution

Description: Fyde is a systematically managed Web3 treasury management solution, built on the pillars of diversification, liquidity, cash flow, and governance retention.

Website： https://www.fyde.fi/

Twitter： https://twitter.com/FydeTreasury

【3】formless

Amount: $2.2 million

Stages: Pre seed round

Date: December 19

Investors: a16z Crypto, Beacon, Sandeep Nailwal, Ryan Fang, Dharmesh Shah, Dallas Austin

Category: Creator Economy

Description: formless is a music technology company focused on developing decentralized media applications, Share Protocol, which enables creators to choose the price per stream of their audio or video content, distribute the content directly to consumers, make it accessible on any web application, and receive payments instantly when their content is streamed.

Website： https://www.formless.xyz/

Twitter： https://twitter.com/formless_xyz

【4】MapleStory Universe

Amount: $100 million

Stages: Undisclosed

Date: December 18

Investors: Nexon

Category: Game, Ecosystem

Description: MapleStory Universe is a virtual world ecosystem that creates various tangible and intangible values with MapleStory NFT as the core.

Website： https://maplestoryuniverse.io/

Twitter： https://twitter.com/MaplestoryU

【5】OneDegree

Amount: Undisclosed

Stages: Strategic financing

Date: December 18

Investors: Dubai Insurance

Category: Insurance Technology Solutions

Description: OneDegree was established in 2016 to accelerate technological innovations in the insurance industry and to make insurance more accessible to everyone. OneDegree has operations in Hong Kong, Taipei, Shenzhen and Singapore. Its subsidiary OneDegree Hong Kong received a virtual insurer licence from the Hong Kong Insurance Authority in April 2020. It has a multi-line digital insurance business that offers protection for pet, e-commerce, home, critical illness and digital assets for individuals and businesses. Another subsidiary, OneDegree Global, is a provider of modern insurance technology solutions, which have been well-received in the industry and are adopted by leading insurers in Asia seeking to accelerate digital transformation.

Additions: OneDegree raised $27 M in Series B+ round on June 29, 2023

Website： https://www.onedegree.hk/

LinkedIn： https://www.linkedin.com/company/onedegree-hk

About TrendX

TrendX is a one-stop platform for web3 trend tracking intelligent trading driven by AI. It combines the market phenomena presented by big data analysis with the massive trading liquidity and is committed to creating a web3 AI exchange that would be beneficial for both Web2 and Web3 users to trade and invest.

TrendX has an industry-leading AI large language model composed of on-chain analysis and sentiment indicators, providing users with active data support. Integrated by intelligent, fast, safe, and real-time monitoring AI trading function design, as of now, the number of highly active users has exceeded 37,000, with over 22,000+ Twitter KOLs, also onboarded 180+ professional organizations belonging to the TrendX expert committee. The platform listed exceeds 8,300+, with 220+ talent scouts continuously adding Web3 projects.

TrendX upgrades products at a bi-weekly rate, determined to build a bridge from Web2 to Web3, and serves all domain users to check projects, see trends, and find both alpha primary investments and secondary trading.

Website：  https://app.trendx.tech/

Twitter：  https://twitter.com/TrendX_tech