According to Odaily, from June 30 to July 6, the global blockchain field disclosed a total of 15 financing events, slightly down from 19 in the previous week; the total financing amount was approximately $760 million, significantly lower than the $2.3 billion in the previous week. The financing highlight this week was DDC Enterprise Limited announcing the completion of a $528 million financing round, with funds to be used to advance its corporate Bitcoin accumulation strategy. Additionally, the British cloud mining platform TWL Miner completed a $95 million Series B financing round. A notable recent financing trend is that many centralized entities are supporting their cryptocurrency strategic reserves through financing.
The specific financing events are as follows (Note: 1. Sorted by disclosed amount; 2. Excluding fund raising and merger events; 3. * indicates "traditional" companies with partial blockchain business involvement):
[Rest of the translation continues in the same manner, maintaining the structure and translating all text while preserving any HTML tags]On July 1, the Islamic DeFi project inshAllah Finance announced the completion of a $2.1 million seed round, led by Alliance DAO, with participation from Blockchain Builders Fund, Polymorphic Capital, Sancus Ventures, and multiple angel investors.
AI and Web3 startup verification platform Idea-L completes $1 million Pre-Seed round
On June 30, Dubai-based AI and Web3 startup verification platform Idea-L announced the completion of a $1 million Pre-Seed round with participation from multiple angel investors. The new funds are intended to support the launch of a DAO-managed venture capital fund called deVC Fund and plan to introduce a governance token that will support building a reasoning-driven artificial intelligence large language model in multi-model and multi-modal environments to validate startup ideas.
On June 30, Japanese crypto exchange operator BACKSEAT announced the completion of a seed round, co-led by Spiral Capital and Headline Asia, with East Ventures participating. The company has raised a total of approximately 1.4 billion yen (about $9.69 million) in funding within a year of its establishment. The funds from this round will be used for product development, talent recruitment, and organizational structure enhancement.