ELFI PROTOCOL Completes $5 Million Strategic Financing Led by IDG CAPITAL and KUCOIN VENTURES

ELFI Protocol Raises $5 Million in Strategic Financing Led by IDG Capital and KuCoin Ventures

ELFI PROTOCOL Completes US$5 Million Strategic Financing, Led by IDG CAPITAL and KUCOIN VENTURES

WEB3 football game GOALAI completes $3 million financing, led by IDG CAPITAL

COINMART receives $3 million investment from IDG CAPITAL to address European regulatory policies.

CoinMart Receives $3 Million Investment from IDG Capital

Ultiverse has completed a strategic financing round of 4 million USD, led by IDG Capital.

ULTIVERSE完成了由IDG Capital领导的400万美元的战略融资轮。

BiyaPay Analysis: Behind Circle is a Chinese Capital Giant, USDC Essentially Represents Chinese Capital

The "first share of stablecoin" has arrived, can Circle trigger the next crypto bull market?🤔 As the GENIUS stablecoin bill approaches implementation, USDC issuer Circle is set to go public on Nasdaq on June 5, aiming to raise up to $896 million with an estimated valuation of $7.2 billion. This IPO not only represents a window for compliance-based arbitrage but also marks stablecoin's official entry into the mainstream capital market. It's worth noting that early investors including Accel, IDG, and General Catalyst will cash out in this round, while traditional giants like BlackRock and ARK are actively subscribing. Circle has also adjusted its issuance structure, raising the number of shares from 24 million to 32 million, with a significantly higher self-issuance ratio, making the structure more stable. Circle's fundamentals are quite attractive: revenue of $16.76 billion in 2024, net profit of $155 million, and USDC market cap returning to over $600 billion. It has signed a four-year partnership with BlackRock, with USDC reserves held by BlackRock at 90%, and BlackRock has also committed to not issuing its own stablecoin. However, there are still concerns about the profit structure. Coinbase's commission is as high as 50%, with annual payments exceeding $900 million; incentives for Binance are up to $60 million, with a requirement to maintain a $1.5 billion custody amount. If U.S. bond yields fall or partnership terms are adjusted, it will severely impact profit margins. The IPO is priced at $27-28, corresponding to a P/E ratio of about 45, which is quite rational compared to Coinbase's valuation of 300 when it went public. For retail investors, whether Circle is worth betting on depends on whether it can maintain compliance licenses amid global regulatory competition and continue to enhance USDC's market share, truly delivering on the long-term value of "the first share of stablecoin".

China Everbright Holdings' stock price surged by 23%; as early as 2016, it jointly invested in Circle with IDG Capital. China Everbright Holdings (https://t.co/ZeGHj61pmL), a Hong Kong-listed company, is currently trading at HK$5.82, with an intraday increase of 23.83%. It is reported that as early as 2016, Everbright Holdings jointly invested in stablecoin issuer Circle with IDG Capital, becoming one of its important global strategic shareholders. Recently, Circle applied for a US IPO, and this news is seen as one of the catalysts for the surge in Everbright's stock price.

Data: Hong Kong-listed China Everbright Holdings rises over 15%, previously invested in Circle

China Everbright Holdings on the Hong Kong Stock Exchange surged over 15%, having previously invested in Circle.

Hong Kong-listed China Everbright Holdings surged over 15%, previously invested in Circle

Next hype cycle alert: Internet Capital Markets! Most coins on @launchcoin have pumped 3-4x in the last few hours. Some say it's democratizing funding. Others: it's memecoins++. No one knows if it'll last. That's why we need to have frameworks to turn hype into LT growth. #IDG

❗️@KaiaChain $KAIA has closed a $20M+ fresh funding round The funding was co-led by Blockchain Capital and 1kx, with participation from Galaxy, Spartan, IDG Capital, Mirana, SNZ Holding, and others. 👉 https://t.co/a3DQ7eMVht https://t.co/dGYizZjELM

Gata completes $4 million seed round financing, with YZi Labs participating.

Decentralized AI Data infrastructure platform @Gata_xyz raised $4M in a Seed funding round from @YZiLabs, @gate_ventures, @IDG_Blockchain, @MaelstromFund, @ManifoldTrading, @mh_ventures, @Anti__Capital, @FormlessCapital, @v3v_ventures, @DewhalesCapital, @wagmi_vc, @071_labs, @echodotxyz. https://t.co/L000d5m2ck

We are thrilled to announce a $4M Seed raise from @yzilabs, @gate_ventures, IDG Blockchain, @MaelstromFund, @ManifoldTrading, @MH_Ventures, @Anti__Capital, @FormlessCapital, @v3v_ventures, @DewhalesCapital, @wagmi_vc, @071_labs, and @echodotxyz to accelerate our mission to build a decentralized, verifiable, and user-owned data network that empowers the next generation of frontier AI.

Layer 1 blockchain Kaia completes a new round of financing, led by 1kx and Blockchain Capital

Gata completes $4 million seed round financing to advance decentralized AI inference, training, and data development

RWAiFi Summit Dubai is about to open | GAIB, Plume, and StakeStone discuss the new era of AI x RWA x DeFi

⭐️ WOW EARN x U2U Network Partnership 🔈 We're delighted to announce that we’re partnering with @u2u_xyz, a web3 platform designed to pioneer cutting-edge infrastructure solutions that unlock the full potential of DePIN applications, driving the future of decentralized resource sharing. ✨ U2U Network Highlights ✅ Backers: Chain Capital, IDG Blockchain,Cointelegraph, JDI Ventures, Kucoin Venture, V3V Fund, CAJ, IBG, Tesseract, Blockhive, UB ventures... ✅ Network of 1M users from DePIN Alliance App ✅ 80 dApps committed to build on chain (EVM-compatible) range from crypto applications (Defi, Gamefi, NFT, SocialFi, etc) to real-world scenarios (Storage, data mining, IoT, etc). The partnership unlocks dual priorities for WOW EARN and U2U Network: 1️⃣ Accelerating network/user growth 2️⃣ Launching high-impact cross-marketing activities Keep an eye out for our special partnership campaigns – you won’t want to miss them! 🗓 #WOWEARN #WEB3 $WOW

💥@grindery_io : Only 30 whitelist spots! The wallet that will change Telegram - hurry up to enter the whitelist! Want to send gas-free crypto to your friends right in chat? Grindery makes it a reality: ➡ Pay $0 for transactions (even Ethereum!) ➡ Transfer money to friends like in WhatsApp ➡ No passwords - just your Telegram account ⚠️ Why it's profitable? Investors: Binance Labs , COINKO, Jsquare Capital, ANKR, IDG Capital, Perridon Ventures, MH Ventures, FishDAO, WW Ventures, Gate Labs, KondrDAO, MarsDAO, Blackdragon, and Angel Investors.TGE Date: March 12, 2025 - 20% at TGE, 1-month cliff, 6-month vestingAlpha Insights:Launchpad: @BinStarterio Presale date: 9 March 2025Chain: PolygonMarket makers: G20 and Keyrock.Exchanges: KuCoin, MEXC, Gate, with ongoing negotiations with tier 1 exchanges.Launchpads: KuCoin, Poolz Finance, Finceptor, Kommunitas, Binstarter, and TON Launchpad. ❗Reminder: Always DYOR!

The decentralized AI platform Nodepay has completed its second round of financing, raising a total of 7 million USD.

SoSo Daily Dec 26 | South Korea Imposes Sanctions on North Korean Cryptocurrency Hackers and IT Personnel

❗️@ChainOpera_AI has closed a $17M seed funding roundThe funding was led by Finality Capital, Road Capital & IDG Capital. ChainOpera AI is the truly decentralized and open AI platform for simple, scalable, and trustworthy collaborative AI economy.👉 https://t.co/vQ8BAvH1JZ https://t.co/S5dM55rREZ

ChainOpera AI has completed a $17 million seed round of financing to develop a blockchain L1 and AI operating system.

Wu Says VC Monthly Report: November Sees Lowest Number and Amount of Financing in a Year

Dive into the Decentralized Future with U2U Network and IDG Capital Vietnam! Topic: DePIN Dreams, U2U Realities 🔥 Date & Time: 8 PM (UTC+7), Dec 6, 👉 Platform: https://t.co/Z5rDzrKetB Speakers: - Ms. @Trangphungvn, Co-Founder & Co-CEO of @uniultra_xyz - Mr. Eric Le, Investment Director of @IDGCV #U2UDecemberMoon

Excited to collaborate with @LumozOrg for an exclusive giveaway! 🎉🎁 Win 100 Lumoz Sly OG NFTs for Lucky Draw!🚀 How to enter:1️⃣ Follow @LumozOrg, @jaspervault & @JasperVault_cn2️⃣ Like & Retweet this tweet📆 100 winners announced in 3 days!The Lumoz OG NFT converts esMOZ to MOZ—no lock period needed!Lumoz is a leading modular computing layer & ZK-RaaS platform, recently launched a global esMOZ airdrop worth ~$30M (10% allocation).🌐 Backed by:OKX Ventures, HashKey Capital, IDG, Web3port Foundation, Polygon💸Check your airdrop: https://t.co/ZuzMfB5b5a

Galaxy General Robotics has completed a strategic round of financing totaling 500 million yuan.

🔵Lumoz Announces Airdrop for ZKFair Users, Total Airdrop Amount of 15 Million esMOZ DeThings, November 6 - The modular computing layer & RaaS platform Lumoz announced an airdrop for ZKFair staking users. The event runs from November 5 to December 5, with 500 thousand esMOZ airdropped daily based on users' staking weights, totaling 15 million esMOZ. Airdrop snapshots will be taken daily at 8 AM (UTC+8), and users can check the details on Lumoz's official airdrop page after 10 AM (UTC+8). Airdrop claims will take place after the launch of Lumoz's mainnet. ZKFair adopts a 100% fair launch token model, with technical and computing power support provided by the ZK-RaaS platform Lumoz. Lumoz completed its Pre-A round and strategic financing in the first half of this year, with a total funding amount reaching 14 million USD to date, and the latest round's valuation at 300 million USD, with participating institutions including OKX Ventures, HashKey Capital, IDG, Web3port Foundation, and Polygon, among others. https://t.co/as3RNp06bZ

Lumoz has announced an airdrop to ZKFair users, with a total airdrop amount of 15 million esMOZ.

Web3 mobile gaming platform Party Icons announces completion of $9 million seed round financing.

We’re excited to announce that our collaboration with @uniultra_xyz for the limited Tier1 node sale of just 1,000 units is now LIVE! 🎉 Purchase on Daren Market and enjoy extra Daren Token rewards! 👉 Buy here: https://t.co/h390oxhrq0 ✅ U2U Network is a modular Layer 1 platform for DEPIN and blockchain applications, partnering with industry leaders like Chain Capital, IDG Blockchain, and CoinTelegraph. 🍀 U2U Ecosystem Highlights: - 100+ dApps to be built 🚀 - 30 DePIN projects signed; 25 more in progress 🔥 #U2U #DarenMarket #NodeSale #Blockchain #DEPIN #Web3

🚀 Join the U2U DePIN Subnet Node for only $200 & earn from 40+ DePIN DApps across computing, AI & more 💻 With 1 billion U2U in rewards and a tiered node sale, recover your investment in just 58 days 💰 Backed by Kucoin Ventures, Chain Capital, JDI Ventures & IDG Blockchain 🔥

DePIN: The Decentralized Physical Infrastructure Network Revolutionizing Peer-to-Peer Exchanges

Lumos Quidditch schedule halfway through: the number of participants has exceeded 520 thousand

We’re thrilled to announce U2U Network as the Official Event Partner for DePIN Mass Adoption!As a modular L1 with subnet technology, @uniultra_xyz powers DePIN and real-world blockchain applications. Backed by top investors like Chain Capital, IDG Blockchain, Kucoin Ventures, Web3Port, etc, with high performance, impressive throughput and expanding DePIN ecosystem of nearly 30 projects, U2U Network is at the forefront of the DePIN revolution.Don't miss us at DePIN Mass Adoption as we dive into the future of decentralized infrastructure!Register for the event here: https://t.co/GIYBRyhKNL