Binance Labs Invests $10M in DeFi Lender Radiant, RDNT Jumps 10%
The protocol was built on the architecture of LayerZero, which raised $120 million at a $3 billion valuation earlier this year.
Funding Rounds
AI-Backed Web3 Security Firm Olympix Raises $4.3M
Boldstart Ventures led the round for the startup, which helps developers avoid vulnerabilities in smart contract code.
AI-Backed Blockchain Data Startup Web3Go Raises $4M
Binance Labs led the round with HashKey Capital, NGC and Shima Capital among the other backers.
Wintermute Backs DEX Vertex Protocol in Strategic Investment
The amount of the investment wasn’t disclosed, and Wintermute will provide liquidity services to the decentralized exchange.
Aave-Developed Lens Protocol Raises $15M to Expand ‘Social Layer’ of Web3
Uniswap CEO Hayden Adams, OpenSea co-founder Alex Atallah, entrepreneur Balaji Srinivasan and Polygon co-founder Sandeep Nailwal joined the round as angel investors.
Bitcoin-Denominated Life Insurance Provider Sets Up Shop With $19M Funding
Meanwhile’s target audience is U.S. citizens with large BTC holdings, an audience from which it has “seen a lot of early demand.”
PayPal Ventures Leads $52M Round for Crypto Firm Magic
The startup offers non-custodial wallet infrastructure for an enterprise client list that includes Macy’s and Mattel.
Crypto Infrastructure Firm Anoma Foundation Raises $25M
The Swiss non-profit oversees the Anoma blockchain architecture and the layer 1 blockchain Namada.
Sam Altman’s Crypto Project Worldcoin Raises $115M Led By Blockchain Capital
Other investors in the Series C round included Bain Capital Crypto and Distributed Global.
LabDAO Raises $3.6M to Decentralize Drug Discovery
The project also launched its new PLEX client that eases the burden of resource-intensive computations for scientific data.