Crypto Fundraising December 19 - 25

On behalf of the Web3 community, we would like to extend our warmest congratulations to the companies that announced their success in fundraising between 19th December and 25th December 2023. We are thrilled to see such tremendous support from all involved. Well done!

Wynd Network raised $3.5M - Funding will be used to enhance Grass&rsquos technological infrastructure, expand its network of nodes, and refine its data verification process.

Fiat Republic raised $7M - The new capital will support its growth and expansion, as well as key initiatives including strategic recruitment, strengthening banking partnerships, and expansion into new territories. It will also improve the availability of banking and payment services for cryptocurrency platforms.

Fyde Treasury raised $3.2M - The injection of funds will propel Fyde&39s mission to confront the substantial challenges of overseeing multi-billion dollars of on-chain crypto treasury tokens.

Moove Protocol raised an undisclosed amount - MOOVE Protocol aims to become a fully decentralized ecosystem suitable for other projects to build and launch. It has already signed partnership contracts with 50+ collections to be added to the protocol and become available for their holders to create videos with.

FORMLESS raised $2.2M - The funding will drive formless commitment to advancing the SHARE Protocol, powering the next generation of products and experiences in a multiplayer digital economy.

Frame raised an undisclosed amount - Frame, an blockchain focused on NFTs, has concluded a funding round led by Electric Capital, a prominent venture capital firm. Other investors include Ray Chan, the founder of 9gag, Luca Netz, and 0xMaki, the former CEO of Sushiswap.

ALEX Labs raised $2.5M - The strategic round was backed by Trust Machines, Gossamer Capital and other investors. Alex raised a $5.8 million seed round in 2021, which was led by White Star Capital.

4EVERLAND Organization raised $2M - The raised capital will be utilized to further the development and construction of 4EVERLAND, as well as to drive global ecological growth and development.

Academic Labs raised an undisclosed amount - HTX Ventures, announces its investment in Academic Labs, a platform that utilizes AI and Web3 technology to improve the educational experience. This investment will help Academic Labs onboard new users to Web3.

Seamoon Protocol raised $2.3M - The goal of this funding round was to bring in top global companies, both domestic and international, as our strategic partners in anticipation of the global expansion essential to web3 businesses.

TRES Finance raised $11M - The Series A round brings TRES&39 total funds raised to $18.6 million, with Faction, New Form, Cyber Fund and Ambush Capital among its backers.

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