Crypto VCLink

Level has officially launched its DeFi-native yield stablecoin, lvlUSD, after raising an additional $2.6 million in funding led by Dragonfly, with participation from Polychain Capital, Flowdesk, Echo syndicates Native Crypto, and Feisty Collective by Path. LvlUSD has quickly grown to over $80 million in market cap in just five months. Co-founder Kedian Sun emphasized the stablecoin's focus on transparency and sustainable DeFi-native yield. https://lnkd.in/eyNH_EB9 #Crypto #Cryptocurrencies #Cryptocurrency #Blockchain

TON Foundation has secured over $400 million in investment from major venture firms including Sequoia Capital, Ribbit Capital, Benchmark , Draper Associates, Kingsway, and more. The funding comes as TON expands its blockchain ecosystem within Telegram, with a goal of onboarding 30% of the messaging platform’s active users over the next three years. Benchmark partner Peter Fenton noted that Telegram’s user base is expected to exceed 1.5 billion by 2030. Sam Bourgi | Cointelegraph https://lnkd.in/egZRyT6S #Crypto #Cryptocurrencies #Cryptocurrency #Blockchain

Walrus Foundation has secured $140 million in a token sale led by Standard Crypto, with backing from a16z crypto, Electric Capital, Franklin Templeton Digital Assets, Protagonist, and more. The funds will support the growth of Walrus Protocol, a decentralized data storage solution leveraging the Sui blockchain, ahead of its mainnet launch on March 27. Rebecca Simmonds of Walrus Foundation highlights their vision for programmable storage, while Adam Goldberg of Standard Crypto sees Walrus as filling a crucial gap in blockchain data infrastructure. Nicholas Kitonyi | NFTgators ?? - Web3 News https://lnkd.in/e5_XKcJm #Crypto #Cryptocurrencies #Cryptocurrency #Blockchain

Crypto casino and sportsbook Yeet has secured $7.75 million in a funding round led by Dragonfly, with participation from Pudgy Penguins CEO Luca Netz and LayerZero Labs CEO Bryan Pellegrino. Co-founded by crypto personalities Mando and Keyboard Monkey, along with professional poker player Ben Lamb, Yeet aims to provide a gambling experience deeply embedded in crypto culture. The platform plans to offer a mix of traditional casino games and new crypto-focused games, catering to the risk-loving nature of crypto users. Logan Hitchcock | Decrypt https://lnkd.in/e58Ycjr2

Enterprise blockchain platform Crossmint has secured $23.6 million in a funding round led by Ribbit Capital, with participation from Franklin Templeton, Nyca Partners, First Round Capital, Lightspeed Faction, and HF0 Residency. The funds will be used to enhance AI agent infrastructure and web3 development tools. Crossmint, which recently acquired NFT payments platform Winter, supports over 40 blockchains and continues to see significant growth. MK Manoylov | The Block https://lnkd.in/etqdrDqC #Crypto #Cryptocurrencies #Cryptocurrency #Blockchain

Privy has secured $15 million in a funding round led by Ribbit Capital. The investment will help Privy expand its crypto wallet infrastructure, enhance its technology, and grow its team to meet the rising demand for secure and user-friendly wallet solutions. Coin World https://lnkd.in/dXZJnykr #Crypto #Cryptocurrencies #Cryptocurrency #Blockchain

Halliday, a workflow protocol developer in the web3 ecosystem, has raised $20 million in a Series A funding round led by a16z crypto. Other investors include Avalanche Blizzard Fund, Credibly Neutral, and AltLayer. The funding will be used to expand Halliday's team and further develop its workflow protocol and Halliday Payments application. MK Manoylov | The Block https://lnkd.in/dBewaEcD #Crypto #Cryptocurrencies #Cryptocurrency #Blockchain

Oro Labs, a UAE-based tokenised gold platform, has raised $1.5 million in a pre-seed round led by 468 Capital, with participation from Fasset and angel investors from various Solana projects. The new funding will help ORO Labs expand product offerings, strengthen integrations in decentralised and traditional finance, and enhance gold’s liquidity and financial utility. The company is also partnering with Fasset to grow tokenised gold adoption in multiple markets, including the UAE, Malaysia, Bahrain, Indonesia, and Turkey. Wamda ???? https://lnkd.in/eJwYjqG7 #Crypto #Cryptocurrencies #Cryptocurrency #Blockchain

Hong Kong-based crypto payment platform RedotPay has raised $40 million in a Series A round led by Lightspeed, with participation from HSG and Galaxy Ventures. The company facilitates the use of cryptocurrency in everyday transactions and has expanded its blockchain integrations, recently adding Solana and Ethereum layer 2 Arbitrum. Yohan Yun | Cointelegraph https://lnkd.in/eknFTeXW #Crypto #Cryptocurrencies #Cryptocurrency #Blockchain

Sogni AI has raised $2 million to further develop Supernet, its decentralized GPU network for AI-powered content creation. The funding round was co-led by Comma3 Ventures and Republic Ventures, with additional backing from Contango Digital Assets, Oyster Ventures, ARC, DEXT Force Ventures, Nosana, FormlessCapital , and Gecko Ventures. CEO Mauvis Ledford emphasized Supernet’s ability to deliver AI-generated images vastly faster than centralized tools, while Allen Day of Google highlighted its scalability within decentralized AI. https://lnkd.in/eDq-2t4m #Crypto #Cryptocurrencies #Cryptocurrency #Blockchain