BlockBeats News, October 15th, according to chainwire, Zeta Network Group (Nasdaq code: ZNB) today announced the signing of a securities purchase agreement, raising a total of $230,837,060.2 through a private placement. The issuance includes (1) Class A Common Stock; (2) Warrants (each warrant entitles the holder to subscribe for one share of Class A Common Stock at an exercise price of $2.55 per share), with a combined issuance price of $1.7 per unit for Class A Common Stock and Warrants.
The total amount raised of $230,837,060.2 will be accepted in Bitcoin or SolvBTC. SolvBTC is a wrapped token pegged 1:1 to Bitcoin issued by the Solv Protocol, which serves as an on-chain Bitcoin reserve, providing an institutional-grade mechanism for productive applications of Bitcoin holdings. The private placement is expected to be completed on October 16, 2025, subject to customary closing conditions.
[Original Link]BlockBeats News, October 15th, Web3 game studio Mythical Games announced that it has received a strategic investment from WLD treasury company Eightco Holdings. The announcement stated that this partnership will accelerate the company's mission to build a world-class entertainment ecosystem and bring validated human identity into the gaming space in the post-AGI era.
Mythical Games was founded in 2018 and has raised a total of $281 million in funding, with participating institutions including a16z, Scytale Digital, WestCap, and YZi Labs.
[Original Link]BlockBeats News, October 15th, the crypto-native tipping protocol Noice disclosed that it raised funds in June this year through a Simple Agreement for Future Equity (SAFE) and a token subscription warrant from the Base ecosystem fund Coinbase Ventures and Network School (Balaji), with the specific amount undisclosed.
NOICE is a crypto-native tipping protocol that enables seamless microtransactions through social interactions on Farcaster, combining Web3 incentives with content creation.
[Original Link]BlockBeats News, October 15th, open-source AI provider Inference completed a $11.8 million seed round of financing, led by Multicoin Capital and a16z CSX, with participation from Topology Ventures, Founders, Inc., and angel investors. This funding will expand its R&D efforts into new areas of model and infrastructure performance and enhance its ability to serve more companies.
Inference.net enables enterprises to train and deploy custom AI models, having trained and deployed custom language models for global AI-native companies.
[Original Link]BlockBeats News, October 15th, Blockchain-based financial services company Telcoin announced the completion of a $25 million pre-series A funding round to launch a regulated Telcoin digital asset bank, expected to go live later this year.
This funding will also support the issuance of a bank-grade eUSD stablecoin for cross-border remittances and merchant payments. In addition to remittances, Telcoin stated that it is upgrading currency, payment, and banking business technology to a new global on-chain standard.
[Original Link]BlockBeats News, October 15th, according to The Block, self-custody bank Tria has completed a $12 million seed round and strategic financing aimed at building a global self-custodial new bank for both human and AI agents. Participants in this funding round include P2 Ventures, Aptos, the Tria community, as well as executives from companies such as Polygon, Ethereum Foundation, Wintermute, Sentient, 0G, Concrete, Eigen, and others.
Tria is dedicated to solving the real-world use case challenges of cryptocurrency. Users can spend, transact, and earn in a single self-custody balance without worrying about gas fees, cross-chain bridges, or mnemonics. Its Visa card is accepted in over 150 countries and supports over 1,000 different tokens.
[Original Link]BlockBeats News, October 13th, Argentine-based crypto fintech company Lemon announced the completion of a $20 million Series B financing. This round of financing was led by U.S. funds F-Prime and ParaFi, with support from DRW Venture Capital, Endeavor Catalyst, Van Eck, Persea VC, Alumni Ventures, and Lambda Class.
Lemon, founded by CEO Marcelo Cavazzoli in 2019, provides a platform that allows users in Argentina and Peru to buy, sell, and store digital assets, make payments, and use a Visa debit card tied to their cryptocurrency holdings. Lemon plans to use this funding to drive its expansion into Chile, Colombia, Brazil, and Mexico, aiming to double its user base to 10 million in the next 12 months.
[Original Link]BlockBeats News, October 9th, CipherOwl, a crypto compliance startup founded by former Coinbase and Cruise employees, has completed a $15 million seed round of financing. The round was led by General Catalyst and Flourish Ventures, with participation from Coinbase Ventures, Enlight Capital, and other investment institutions.
For a long time, banks and fintech companies have relied on various technologies to identify suspicious transactions and ensure that their business is not exploited by bad actors. Now, as cryptocurrency gradually penetrates the mainstream financial system, these institutions also need new software to monitor crypto transactions, and that's exactly what CipherOwl is doing.
[Original Link]BlockBeats News, October 9th, Tokenized Stock infrastructure Block Street completed a $11.5 million strategic financing round, led by Hack VC, with participation from Generative Venture, DWF Labs, StudioB, Bridge34, Jane Street, Point72, and HRT operations team.
Block Street describes its technology stack as an "on-chain stock execution layer" to narrow spreads and reduce potential MEV impact on tokenized assets. Block Street plans to launch on Monad later this year and expand to Ethereum, BNB Chain, and Base.
[Original Link]BlockBeats News, October 9th, according to Blockworks, Solana-powered edge data intelligence network 375ai has completed a $5 million funding round, with lead investment from Delphi Ventures, Strobe Capital, and HackVC, and participation from 6MV, ARCA, EV3, Peaq, and Heartcore.
375ai CEO Harry Dewhirst stated that the project captures real-world data by monitoring vehicles in locations such as Los Angeles to better understand consumer behavior. Dewhirst mentioned that the DePIN project is also being promoted in New York and Miami, with the team planning to enter the international market next year.
[Original Link]