Dates: 31 Dec 2023 – 06 Jan 2024 This week’s most impressive capital infusion:
Bracket Labs, a project dedicated to simplifying and enhancing the use of leveraged structured products through innovative on-chain solutions, has secured $2M in a Pre-seed funding round from a powerhouse lineup of investors. These include Binance Labs Fund, NGC Ventures (NEO Global Capital), Cypher Capital, PHD Capital, 0xCapital, FJ Labs, K300 Ventures, W3Coins, and Joshua Lim.
Bracket Labs has recently unveiled its revolutionary BracketX.fi platform, designed to empower traders to capitalize on market volatility, whether in sideways or trending conditions, with ease and efficiency.
But this is not the only successful funding round Bracket Labs has seen. In fact, the project has also raised significant amounts in both Pre-seed and Seed investment rounds from some of the most influential players in the industry.
In other exciting news, Memeland, a Web3 ecosystem connecting meme creators and fans, has received an undisclosed amount in a Strategic funding round from Binance Labs Fund. Memeland utilizes its own cryptocurrency, Memecoin (MEME token), to fuel the collaboration and earnings of its users.
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Meanwhile, Gelato Network, a decentralized backend for Web3, has secured an undisclosed amount in funding from IOSG Ventures. Their platform streamlines transaction execution and provides a seamless user experience for leading projects in the Web3 space.
EZ Swap, an NFT DEX protocol and inscription marketplace, has raised $1M in funding from EOS Network, IOBC Capital, and Momentum 6 (M6). This project aims to revolutionize the gaming industry with its innovative in-game LP system and integration with games through the AMM mechanism.
DeMR, a decentralized infrastructure network focused on Mixed Reality (MR) on the Solana Chain, has received a Strategic investment from KuCoin Labs. With their cutting-edge technology, DeMR merges the virtual and real worlds to create a vast MR metaverse.
Solscan, a block explorer dedicated to the Solana ecosystem, has secured an undisclosed amount in a M&A funding round from Etherscan. This vital tool provides comprehensive data services to over 3 million monthly users, including transaction details and smart contract interactions.
Riema Labs, the pioneering entity behind the revolutionary data availability layer, Nubit, has raised an undisclosed amount from Bounce Finance and domo. Nubit utilizes advanced techniques to enhance data throughput and accessibility on the Bitcoin network.
ISSP, a cross-chain inscription protocol system within the Sui ecosystem, has received a Strategic investment from KuCoin Labs. Their integrated marketplace and swap for inscriptions on the Sui network make it easy for users to deposit into exchanges without additional integration efforts.
Lastly, WISe ART, a secure NFT marketplace powered by WISeKey’s advanced cybersecurity technology, has received a Strategic investment from The Hashgraph Association (THA). Their platform ensures the authenticity and provenance of digital artworks and their physical counterparts, making it a go-to destination for artists and collectors in the Web3 space.
