Paradigm Anchors $50M Series a for Decentralised AI Startup Nous Research
Quick take:
The company previously raised $20 million from investors including Distributed Global, North Island Ventures, and Delphi Digital.
Nous Research is using the Solana blockchain to train its open-source AI models.
A big percentage of the new funding will go to compute power and expanding its research capabilities.
Nous Research, a decentralised AI startup has raised $50 million in a Series A round almost entirely funded by crypto-focused venture firm Paradigm. The fundraising closed
Crypto Trading Platform Theo Closes $15.5M Round Co-led By Hack VC and Anthos Capital
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The latest round also attracted participation from Manifold Trading, Mirana Ventures, Metalayer Ventures, Flowdesk, SCB, MEXC, Amber Group and Selini Capital.
The company operates a low-latency validator set that ensures safe custody for users and rule-based access for institutional clients.
Theo plans to use the fresh capital to bolster its validator structure, facilitate more integrations and grow its user base.
Theo, a crypto trading platform focused on providing enterprise-gr
Anonymous Labs Taps Banijay Rights to Bring the Peaky Blinders TV Show to Web3 Gaming
Quick take:
The game features a decentralised playground of the streets of 1920s London, where fans can engage in various activities, including completing missions.
The game is being built as a AAA gaming title, with an emphasis on quality.
It also features digital collectables and community engagement, common features of blockchain games.
Anonymous Labs has teamed up with Banijay Rights to bring the multi-award-winning TV show, Peaky Blinders to the world of Web3. Banijay Rights, the global
Crypto VC RockawayX Closes $125M Second Fund Focused on Solana-Based Projects
Quick take:
Rockawayx began raising the funds in March 2024, with a majority of the $125 million secured in Q4 2024 and Q1 2025.
The new fund is backed by Rockaway Capital, which anchored the firm’s first fund, alongside a mix of family offices, private equity firms, high-net-worth individuals and crypto founders.
Roughly 20% of the new fund has already been invested into projects including DoubleZero, Exponent, Hyperlend, Silhouette, Fragmetric and OnRe.
BlackRock’s Securitize Debut’s Crypto Index Fund With $400M Backing From Mantle
Quick take:
Mantle is anchoring the fund with a commitment to invest $400 million.
The fund plans to boost returns by integrating staking strategies from Mantle’s mETH, Bybit’s bbSOL and others.
The MI4 becomes the largest tokenised institutional fund, surpassing Securitize’s $148 million Blockchain Capital III Digital Liquid Venture Fund.
Securitize has launched a new crypto index fund with $400 million backing from Mantle. The BlackRock-backed RWA tokenisation platform said the new fund du
DAO Infrastructure Provider Tally Bags $8M Series a Led By Appworks and Blockchain Capital
Quick take:
Tally Protocol’s infrastructure is used by blockchain projects to conduct on-chain governance for their DAOs
Some of the popular projects using Tally include Arbitrum, Uniswap DAO, ZKsync, Wormhole, Eigenlayer, Obol and Hyperlane.
The company hopes to improve voter participation and address apathy in DAO governance.
Tally Protocol has raised $8 million in a Series A round led by Appworks and Blockchain Capital, with participation from BitGo and others. The company plans to use th
Aethir, 0G Labs, OORT and Others Form Alliances to Advance Web3 AI Development
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Other Web3 AI and investment companies in alliance include Biconomy, Polyhedra, Oasis Protocol Foundation, ChainGPT, IoTeX, iExec, GEODNET, Flock.io, Alpha Neural AI, and DeAgent AI.
Funding to AI startups is budgeted to be in the range of $10,000 and $100,000.
Other supports services include co-branded industry events, workshops, and dedicated hackathons to spotlight emerging projects.
Leading Web3 AI and investment companies have united to form the “AI Unbundled” initiative, wh
DeFi Protocol Neutrl Raises $5M to Bring Its Synthetic Dollar to the Masses
Quick take:
Neutrl wants to bring hedge fund-style crypto yield strategies to investors using a single token.
Digital asset private marketplace STIX and venture firm Accomplice led the seed round, with participation from Amber Group, SCB Limited, Figment Capital and Nascent.
Neutrl is targeting to grow to $2 billion in assets in two years as it estimates over $10 billion worth of altcoins set to unlock in the next few years.
Neutrl, a decentralised finance (DeFi) protocol and the provider of
Futureverse Accelerates Metaverse Strategy With the Acquisition of Candy Digital
Quick take:
The acquisition is part of Futureverse’s strategy to bring AI to the forefront in the next chapter of immersive experiences for brands and sports entertainment.
Digital Candy boasts a high-profile IP of over 4M digital collectibles and a massive customer base of over 1.5M accounts.
It will be integrated into the Root Network, Futurverse’s layer-1 blockchain, which helps address AI-related brand issues like creative rights and ownership.
Resolv Labs Bags $10M Seed Round to Scale Its Yield-Bearing Stablecoin Protocol
Quick take:
Resolv Labs co-founder and CEO Ivan Kozlov leverages his experience in structured products in traditional finance to offer two tokens for different types of investors.
The USR token is designed to deliver stable yields from crypto markets while protecting holders from sharp price swings.
The RLP token is designed for risk-tolerant investors in the protocol’s insurance layer.
Resolv Labs has raised $10 million in a seed round led by Cyber.Fund and Maven11, with participation from
Trump Organisation Looking to Add a Blockchain Game to List of Crypto Ventures
Quick take:
The Trump organisation’s portfolio of crypto projects already includes NFT collections, a memecoin, a stablecoin, a mining firm and the DeFi venture World Liberty Financial.
Bill Zanker, a longtime pal of Trump who helped the President launch his memecoin and NFTs, is reportedly behind the crypto game.
Kevin Mercuri, a spokesperson for Zanker, confirmed to Fortune about an upcoming crypto game set to launch in late April but denied it was similar to Monopoly Go.
Tether Taps Self-Custody Crypto Wallet Solution Provider Fizen to Advance Global Stablecoin Adoption
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The investment also allows Fizen to offer a more efficient and user-friendly solution for storing, transferring and transacting in stablecoins.
It will allow users to pay seamlessly using stablecoins while merchants receive instant fiat settlements through popular payment methods like QR codes and card readers.
Both companies are looking to bridge the gap between traditional finance and digital assets by offering a solution to the unbanked.
JPMorgan’s Blockchain-Based Payments Network Adds Support for GBP
Quick take:
The company said the move will allow UK companies access to blockchain-based accounts 24/7.
They will be able to use the accounts for real-time payments and cross-border transactions and allow users to conduct foreign exchange between GBP, EUR, and USD.
Kinexys previously introduced EUR-denominated blockchain accounts in Frankfurt.
JPMorgan’s blockchain platform Kinexys (formerly Onyx) has expanded support to include pound sterling dominated blockchain deposit accounts. The accou