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The Information: Stability AI receives over $100 million in funding from investment group

Stability AI company has received funding from an investment group led by Sean Parker, with a total investment of over $100 million, but the specific amount has not been disclosed. In addition, Stability AI company also announced a CEO change, with former CEO of visual effects company Weta Digital, Prem Akkaraju, taking over the position.Previously, Stability AI reached a partnership with Render Network to use a decentralized GPU network to massively expand AI training and inference capabilities at a low cost.

Digital asset lending and transaction management platform Folks Finance completes strategic round of financing, led by Danu Ventures

Folks Finance, a digital asset lending and trading management platform, announced the completion of its strategic round of financing, led by Danu Ventures, with the specific amount undisclosed. This financing will accelerate its cross-chain expansion, and Danu Ventures will provide comprehensive consulting support, listing, market making, strategic planning, etc. for Folks Finance's cross-chain expansion. It is reported that Chainlink, Wormhole, and Circle messaging layer technologies will be used to support this cross-chain expansion.

Solana Ecosystem SocialFi Platform Zizle Completes $3 Million Pre-Seed Round of Financing, with Participation from Unity Ventures and Others

Solana's SocialFi platform Zizle has announced the completion of a $3 million Pre-Seed round of financing, with participation from Unity Ventures, Black Dragon, Node Kapital, Khaled Guerbouz, and a group of angel investors. It is reported that Zizle aims to optimize traditional social media by enhancing data privacy, achieving decentralized governance, and providing more effective monetization methods for users and creators. The project has been in stealth mode before, and the new funding will support the launch of a public beta version based on optimizing the app.

E Money Network Completes $3.3 Million Bridge Round Led by Animoca Brands and Kelsier Ventures

E Money Network announced the completion of a $3.3 million bridge round of financing on X platform, with Animoca Brands and Kelsier Ventures co-leading the investment, and GBV Capital, Momentum 6, Blockchain Founders Fund, Morningstar Ventures, KuCoin, Black Edge Capital, and Banter Capital participating. The new financing will be used to develop and launch the E Money Network testnet, introduce developers and provide grants for application development, expand the team, collaborate with existing projects, and execute strategic marketing plans. E Money Network is committed to establishing an RWA ecosystem in a compliant manner and supporting innovation.

Berachain-based native options protocol IVX completes $1.2 million seed round led by Animoca Ventures

IVX, the native options protocol based on Berachain, completed a seed round financing of $1.2 million on the X platform. Animoca Ventures and AVID3 led the investment, with participation from Big Brain Holdings, Web3Port, Cogitent Ventures, Forbole, SerDAO, Autistic Waterfowl Venture Capital, and a group of angel investors. The valuation data has not been disclosed yet. IVX is built on the Berachain Polaris EVM technology stack and provides zero-day expiry (0DTE) options for encrypted assets in a permissionless and secure manner, with no clearing risk for buyers and allowing users to achieve high leverage with minimal capital. Currently, its IVX Artio testnet is open.

Bitcoin infrastructure platform RunesFi completes $400,000 in financing, with participation from Cogitent Ventures and others

Bitcoin infrastructure platform RunesFi announced the completion of a $400,000 financing round, with participation from Cogitent Ventures, Oddiyana Ventures, Lavender Capital, WeeHODL, Zephyrus Capital, and Samurai Starter. RunesFi uses the Runes protocol to enhance DeFi functionality, aiming to build the first decentralized exchange (DEX) on Runes, carving machines for creating and distributing new runes, and various infrastructure products to support the Bitcoin DeFi ecosystem, laying the foundation for large-scale adoption of DeFi on Bitcoin.

This year, there have been more than 90 Bitcoin ecosystem-related financings

There have been more than 90 financing transactions related to the Bitcoin ecosystem since 2024, setting a new record for the highest number of financing transactions in a single year in Bitcoin's history. Kyle Samani, Managing Partner at Multicoin Capital, pointed out that with the emergence of the Bitcoin Taproot upgrade and the Ordinals protocol, the Bitcoin ecosystem is experiencing a "developer renaissance". For some developers, building financial tools on Bitcoin is more attractive because it is the oldest and most secure blockchain. Multicoin Capital's investment trend is reportedly shifting from Solana to the Bitcoin ecosystem. The venture capital firm has invested in projects such as Solana Labs and StarkWare, but recently participated in the funding of the Bitcoin-native music platform Arch Network and the Bitcoin scaling network Mezo.

Web3 social focus application Focus Tree completes $2 million seed round

Web3 social-focused application Focus Tree announced the completion of a $2 million seed round of financing, with Sfermion leading the investment and Volt Capital, Psalion VC, StarkWare, Typhon Ventures, Foresight Ventures, and others participating.

Decentralized settlement protocol Kima Network completes new round of financing, Connectico Capital participates

The decentralized settlement protocol Kima Network has completed a new round of financing, with Connectico Capital participating and forming a strategic partnership. The specific financing amount and valuation information have not been disclosed. Kima is a blockchain-based decentralized settlement protocol aimed at solving fragmentation issues in cryptocurrencies and the wider financial industry. Connectico can help promote the project's listing on top centralized exchanges (CEX) and decentralized exchanges (DEX), as well as assist in ensuring listing on Launchpad. The two sides will also work together to carry out a series of joint marketing activities and promote the development and expansion of Kima's solution.

Rune Analysis Infrastructure Protocol SatScreener Completes $500,000 Pre-Seed Round of Funding, Led by Sora Ventures

Rune analysis infrastructure protocol SatScreener has completed a $500,000 pre-seed round of financing, led by Sora Ventures.