🚀TrendX Financing Daily News 01/25/2024

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【1】Nockchain

Amount: $5 million

Stages: Seed round

Date: January 23

Investors: Delphi Digital, North Island Ventures, CMCC Global, Portal Ventures, Breed VC, Labyrinth DAO, Champion Hill Ventures, Octu Ventures

Category: Infrastructure, Layer1, zk

Description: Nockchain is a proof-of-useful-work blockchain that sits atop novel ZKVM. Leveraging the beautiful simplicity of Nock, It built the first combinator-based virtual machine that can be efficiently used with Zero-Knowledge Proofs. Nockchain is a high-throughput chain that provides proofs of computation, storage, and a new namespace.

Website： https://www.nockchain.org/

Twitter： https://twitter.com/nockchain

【2】Friends With Benefits

Amount: $3 million

Stages: Seed round

Date: January 23

Investors: a16z Crypto

Category: DAO

Description: Friends With Benefits is a global group of cultural creators, thinkers, and builders who come together both digitally and in person to collaboratively shape the future of web3. They hold $FWB tokens as a way to collectively fund and govern community initiatives and to co-own what they create together.

Additions: FWB raised \( 10 M in funding round on Oct 27, 2021;FWB raised \) 700,000 in funding round on May 06, 2021

Website： https://www.fwb.help/

Twitter： https://twitter.com/FWBtweets

【3】Arcade

Amount: $4.8 million

Stages: Undisclosed

Date: January 23

Investors: Crypto.com Capital, Solana Ventures, Shima Capital, KuCoin Labs, GSR

Category: Game, Game Platform

Description: Arcade is the GameFi platform that gives its community the opportunity to earn meaningful rewards from various Play-and-Earn metaverse games, without direct gameplay or ownership of in-game NFTs. Anyone approved by Arcade can become a mission pool operator, including a gaming guild. Operators will be able to play games using NFTs owned by Arcade’s treasury or lent to Arcade, which will then be used to generate rewards. Mission pool contributors, on the other hand, are Arcade token holders who can decide which operators and in-game activities they wish to support by depositing their xArcade tokens in a mission pool. The deposited xArcade tokens are locked in the mission pool and returned upon completion, along with a proportionate share of the rewards.

Additions: Arcade raised \( 3.2 M in funding round on Oct 19, 2022;Arcade raised \) 15 M in Series A round on Dec 22, 2021

Website： https://www.arcade2earn.io/

Twitter： https://twitter.com/arcade2earn

【4】Stan

Amount: $2.7 million

Stages: Undisclosed

Date: January 23

Investors: Aptos, Maelstrom Capital, CoinDCX Ventures, Pix Capital, GFR Fund, Climber Capital, TDV Partners

Category: Creator Economy

Description: STAN is an esports fan’s destination for engaging, playing, and getting closer to their idols through a uniquely crafted experience using digital collectibles and mutable NFTs. It also allows fans to realize their fan dreams.

Website： https://getstan.app/

Twitter： https://twitter.com/getstanapp

【5】Dinari

Amount: $10 million

Stages: Seed round

Date: January 24

Investors: 500 Startups, Alchemy, Alchemy Ventures, Version One, Balaji Srinivasan, Sancue Ventures

Category: Digital Securities, RWA

Description: Dinari is a Web3 corporate equity trading firm focused on becoming the trusted standard for real-world asset backed tokens. It launched dShare platform outside of the US. The dShare platform is designed to programmatically ensure 1:1 backing of the tokens with the matching underlying securities. Dinari also provides public access to trades and total vault holdings per asset to promote transparency.

Additions: Dinari raised $ 7.5 M in Seed round on Aug 15, 2023

Website： https://dinari.com/

Twitter： https://twitter.com/DinariGlobal

【6】Synonym Finance

Amount: $1.5 million

Stages: Seed round

Date: January 24

Investors: Borderless Capital, Big Brain Holdings, Wormhole, Robot Ventures, Marshland Capital, Veris Ventures, Lucas Kozinski

Category: DeFi, Lending

Description: Synonym is the universal cross-chain credit layer for DeFi Professionals.Built on Wormhole, Arbitrum and Circle.Synonym allows users to lend, borrow and earn yield on any chain, from one seamless interface.

Website： https://www.synonym.finance/

Twitter： https://twitter.com/synonymfinance

【7】BDACS

Amount: Undisclosed

Stages: Seed round

Date: January 24

Investors: Blizzard Fund, O-DE Capital Partners

Category: CeFi, Escrow

Description: BDACS is a digital asset custodian in Korea built for institutions, delivering a wide-ranging suite of digital asset custody services, emphasizing secure, regulated solutions for custody, trade settlement, and extensive market access in Korea and globally.

Website： https://www.bdacs.co.kr/

LinkedIn： https://www.linkedin.com/company/badcs

About TrendX

TrendX is an AI-driven Web3 trend tracking and intelligent trading one-stop platform, using large language model and AI technology to find market trends, and seamlessly combined with intelligent trading, committed to becoming a new generation of AI trading platform for 1 billion users to enter Web3 to check projects, find hot topics, see trends, primary investment, and secondary trading.

Website： https://app.trendx.tech/

Twitter： https://twitter.com/TrendX_tech