Fundings

Web3 Fundraising: 10th – 16th March 2025

CryptoWeekly is proud to announce the latest Web3 fundraising deals every week!

Haider Jamal
March 16, 2025

MYX, Cibeeo Inc., & Lagom Chain Secure Funding
MYX, a Singapore-based crypto derivatives protocol, raised $5 million to expand its offerings. Cibeeo Inc. secured $2 million to redefine Internet exploration, search experiences, and AI. Meanwhile, Lagom Chain, a Layer 1 blockchain collaborating with EVM, obtained $200,000 with support from Singh Coin to continue developing its platform.

Canaan Inc. & Ethena Labs Drive DeFi Innovation
Canaan Inc. acquired $100 million to enhance its production of blockchain servers and ASIC chip solutions. Ethena Labs raised $36 million with assistance from MEXC Ventures to advance its Ethereum-based DeFi protocol and synthetic dollar, USDe.

Last but not least, Binance secured $2 billion with help from MGX to further expand its platform and services.

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Haider Jamal

Content Strategist

Haider is a fintech enthusiast and Content Strategist at CryptoWeekly with over four years in the Crypto & Blockchain industry. He began his writing journey with a blog after graduating from Monash University Malaysia. Passionate about storytelling and content creation, he blends creativity with insight. Haider is driven to grow professionally while always seeking the next big idea.