Financing Weekly | 15 Public Financing Events, Paxos Labs Completes $12 Million Financing Led by Blockchain Capital

marsbitPubblicato 2026-04-20Pubblicato ultima volta 2026-04-20

Introduzione

Last week (April 13-19) saw 15 blockchain funding rounds totaling over $165 million. Key deals include Paxos Labs raising $12 million led by Blockchain Capital to build DeFi infrastructure for stablecoin issuance and lending. In AI+Web3, OpenGradient secured $9.5 million for its verifiable AI compute network. DeFi highlights include Brix's $5.5 million raise for emerging market asset tokenization and Votre's $3.75 million seed round for its on-chain crypto lending platform. In centralized finance, digital banking platform Slash closed a $100 million Series C. Prediction market platform Pumpcade raised $5 million, backed by Jump Crypto. Additionally, DePIN project SHARE completed a seed round led by Greenfield Capital.

Highlights of This Issue

According to incomplete statistics from PANews, there were 15 investment and financing events in the global blockchain sector last week (4.13-4.19), with a total funding scale exceeding $165 million. The overview is as follows:

  • The DeFi track announced 4 investment and financing events, among which Brix completed a $5.5 million financing, with investors including FRWRD, a subsidiary of Turkish bank Yapı Kredi, etc.;
  • The AI+Web3 sector announced 4 investment and financing events, among which OpenGradient announced it has raised a total of $9.5 million, with investors including a16z crypto;
  • The Infrastructure & Tools track announced 2 investment and financing events, among which Paxos Labs completed a $12 million financing led by Blockchain Capital;
  • The Centralized Finance field announced 2 investment and financing events, among which the digital banking platform Slash completed a $100 million Series C financing led by Ribbit Capital;
  • The Prediction Market track announced 2 investment and financing events, among which Pumpcade, a live-streaming prediction market supported by Pump.fun, completed a $5 million seed round with participation from Jump Crypto;
  • The Other Web3 Applications field announced 1 investment and financing event, the DePIN project SHARE completed a seed round led by Greenfield Capital.

DeFi

Brix Completes $5.5 Million Financing, to Launch Turkish Lira Yield Token iTRY on MegaETH

Brix, focused on tokenizing assets in emerging markets, completed a $5.5 million financing. Investors include FRWRD, a subsidiary of Turkish bank Yapı Kredi, İş Asset Management, as well as Circle Ventures, Consensys, Borderless Capital, etc. Brix plans to launch its first product, iTRY, on the "World Markets" platform of the Ethereum scaling network MegaETH on April 20th. This asset is backed by a Turkish Lira money market fund and can be used for trading, collateral, and accessing DeFi. Brix will subsequently launch tokenized products related to stocks, funds, and bonds in markets such as the UAE, Egypt, Mexico, Brazil, and South Korea.

Crypto Lending Platform Votre Completes $3.75 Million Seed Round Led by a16z CSX

New York-based fully on-chain investment bank Votre completed a $3.75 million seed round led by a16z Crypto Startup Accelerator (CSX), with participation from MaC Venture Capital, Druid Ventures, and angel investors from Goldman Sachs, Harvard University, and OrangeDAO. Votre stated that the funds will be used to expand technical infrastructure, increase platform capacity, optimize liquidity management tools, and strengthen risk and compliance systems. Votre was founded in 2025 and operates a non-custodial crypto lending platform on Coinbase's Base Layer 2 network. Its core product allows borrowers to obtain same-day USD loans collateralized by Bitcoin while maintaining on-chain transparency and asset ownership. Platform loans range from approximately $25,000 to $5 million, with automated margin control and real-time monitoring through smart contracts.

Crypto Futures Exchange KieDex Completes $3.5 Million Seed Round

Crypto futures exchange KieDex announced the completion of a $3.5 million seed round led by Marqel Capital, with participation from Hidden Street Capital, Caviar, Kinetic Kollective (formerly CSP DAO), Solulu Club, Rocket, TPC, Devmons, TATATU, etc. It is reported that KieDex is a crypto futures trading platform focused on the leveraged perpetual contracts market, where users can earn KDX rewards through trading activities.

Fintech Company Superstate Completes Series B Follow-on Financing, Invesco Private Capital Joins as New Investor

Fintech company Superstate announced the completion of a Series B follow-on financing, with asset management giant Invesco's Invesco Private Capital joining as a new investor. The amount was not disclosed. Meanwhile, Invesco will serve as the investment manager for Superstate's flagship tokenized fund USTB (Short-Term U.S. Treasury Fund) starting Q2 2026. The fund size is approximately $900 million, making it one of the largest tokenized treasury products globally. After the transition, the fund will be renamed, with Superstate retaining the digital transfer agent function. This move marks Invesco's full entry into the blockchain fund sector.

AI

OpenGradient Raises $9.5 Million to Advance Verifiable AI Network

Decentralized AI infrastructure company OpenGradient announced it has raised a total of $9.5 million. Investors include a16z crypto, Coinbase Ventures, SV Angel, Foresight Ventures, etc. OpenGradient positions itself as the compute layer for "verifiable AI," serving as a network of dedicated AI coprocessors that provide model inference based on GPU and TEE nodes for applications, blockchains, and agents. Each inference is accompanied by a cryptographically verifiable proof, supporting external independent verification of the model, input, and output. Its network currently serves over 2 million users, has handled more than 2 million verifiable inferences, generated over 500,000 cryptographic proofs, integrated 2000+ models from 100+ developers on its Model Hub, and has formed 6 revenue streams.

AI Financial Agent Risk Control Company Nava Completes $8.3 Million Financing Led by Polychain and Archetype

Startup Nava, focused on AI financial agent risk control, completed an $8.3 million seed round led by Polychain and Archetype, with participation from EigenLayer founder Sreeram Kannan, among others. Nava uses custodied accounts for funds and a verification framework to compare user intent with transaction results before an AI agent initiates a transaction, releasing funds only upon verification success, otherwise continuing to hold them. Its reasons for rejecting or approving transactions will be publicly recorded on-chain for other AIs to reference. Nava currently operates as a Layer 3 chain deployed on Arbitrum and plans a parallel deployment on Tempo. It will also issue a stablecoin later to provide insurance and risk underwriting for agent actions.

Web3 Intelligence Layer Project Claw Intelligence Completes $3 Million Seed Round

Web3 intelligence layer project Claw Intelligence announced the completion of a $3 million seed round with participation from Castrum Istanbul, Titans Ventures, Super Labs, and Genesis Capital. It is reported that Claw Intelligence is building a unified intelligence layer to lower the barrier for users to interact with the Web3 ecosystem and computational resources through crypto-native MCP services and by transforming fragmented data endpoints into conversational workflows. The platform's main features include: a secure isolated LLM code execution sandbox, supporting large language models to execute code without endangering the host system security; and LLM-based cross-device multi-computer control, allowing users to centrally manage multiple computers, servers, and devices using natural language through a single web interface.

Decentralized AI Economy Protocol Mindra AI Announces Completion of Strategic Financing with Participation from LandScape Capital, etc.

Decentralized AI economy protocol Mindra AI announced the completion of a new round of strategic financing with participation from LandScape Capital, Harbor Digital Ventures, and Candaq Fintech Group. It is reported that Mindra AI is a full-stack decentralized AI economy protocol that aims to break intelligent hegemony and reshape AI production relations through dynamic inference routing, Agent cross-chain collaboration, and compute power financialization (AI-Fi).

Mindra AI stated that this round of funding will mainly be used to accelerate the development of its full-stack four-layer protocol, advance the construction of the dynamic inference routing layer, Agent collaboration ecosystem, compute power financialization (AI-Fi), and economic value flywheel, aiming to build a decentralized "Intelligence Grid" to fundamentally solve issues like centralized monopoly in AI inference, algorithmic black boxes, and ecosystem fragility.

Infrastructure & Tools

Paxos Labs Completes $12 Million Financing Led by Blockchain Capital

Paxos Labs, a startup spun off from stablecoin and blockchain infrastructure company Paxos, completed a $12 million financing led by Blockchain Capital, with participation from Robot Ventures, Maelstrom, and Uniswap Labs. Paxos has long-term partnerships with institutions like PayPal and Nubank. Paxos Labs is responsible for DeFi-focused infrastructure, helping enterprises provide retail users with access to stablecoins and crypto lending. Paxos Labs provides a suite of software tools supporting institutions to issue branded stablecoins and allowing users to use stablecoins for on-chain lending and collateral. Co-founder Bhaumik Kotecha said the company expects to achieve breakeven by the end of this year and currently serves neobank Hyperbeat and the privacy blockchain Aleo team.

Bond Tokenization Platform BlockInvest Completes €4 Million Strategic Round with Participation from UniCredit

Bond tokenization platform BlockInvest announced the completion of a €4 million strategic round with participation from Italian bank UniCredit, which acquired a 16% stake in the company. It is reported that BlockInvest will assist UniCredit in issuing Italy's first native digital mini-bond, the first public chain-based tokenized structured note for wealth management clients, and build a technical infrastructure that combines the programmability of digital ledgers with financial regulatory requirements.

Centralized Finance

Digital Banking Platform Slash Completes $100 Million Series C Financing Led by Ribbit Capital

Digital banking platform for businesses, Slash, announced the completion of a $100 million Series C financing, with a post-money valuation of approximately $1.4 billion and total funding raised reaching $160 million. The new round was led by Ribbit Capital, with co-leadership from Goodwater Capital and Khosla Ventures, and continued follow-on investment from NEA and YC. Slash claims to serve over 5,000 enterprise customers, providing business accounts, virtual accounts, stablecoin payments, expense management, bookkeeping automation, real-time payments, and other functions. The company stated that it will use the new funds to accelerate product iteration and advance its strategy of "bank account as the command center for corporate finance."

AI Quant Platform AlphaNet Completes $10 Million Seed Round Led by Joffre Capital

Institutional-grade quantitative AI trading platform AlphaNet announced the completion of a $10 million seed round led by private equity firm Joffre Capital, with participation from Huashan Capital and an Asian quantitative trading consortium. This round of funding will support its transition from an invite-only whitelist model to a public platform launch. It is reported that AlphaNet was incubated by Asian proprietary trading firm Tensor Investment and is positioned as an institutional-grade "systematic alpha" trading platform, aiming to provide retail users with trading capabilities previously only available to institutions.

Prediction Markets

Pumpcade, a Live Prediction Market Supported by Pump.fun, Completes $5 Million Seed Round with Participation from Jump Crypto

Live prediction market and Meme coin issuance platform Pumpcade announced the completion of a $5 million seed round with investors including Jump Crypto and Foundation Capital. Pumpcade is a platform for instant creation and trading of Meme coins based on Solana. Integrated into Pump.fun's chat system, Pumpcade supports one-click creation of prediction markets in live streams. Previously, on April 2nd, it was reported that Pump.fun led a $1 million pre-seed round for Pumpcade.

Totalis Completes $500,000 Seed Round, Becomes First Company to Receive YC Investment Entirely in USDC

Prediction market derivatives layer Totalis announced that its $500,000 seed round financing from Y Combinator was completed in USDC, making it the first company in Y Combinator's history to receive the full investment amount in stablecoin form. The funds were transferred via the Solana network in three on-chain transactions: a $1 test transfer, followed by $124,999 and $375,000; all funds went directly into the company's treasury.

Totalis stated that current prediction markets suffer from issues like single-position exposure, fragmented liquidity, and low capital efficiency. The company is building a prediction market derivatives layer that can be composable across categories, markets, and venues, enabling users to construct composite bets across assets such as geopolitics, crypto, and sports.

Others

DePIN Project SHARE Completes Seed Round Led by Greenfield Capital

Decentralized physical infrastructure network SHARE completed a seed round led by Greenfield Capital, with participation from Kosmos Ventures, Generative Ventures, Zee Prime Capital, and other strategic funds and angel investors. The specific financing amount was not disclosed.

Domande pertinenti

QWhat was the total amount of funding raised by Paxos Labs and which firm led the investment round?

APaxos Labs raised $12 million in funding, and the round was led by Blockchain Capital.

QWhich DeFi project raised $550 million and plans to launch a Turkish lira yield token on MegaETH?

ABrix raised $550 million and plans to launch the iTRY token, a Turkish lira yield token, on the MegaETH network.

QHow many investment events were announced in the AI+Web3 sector, and which company received funding from a16z crypto?

AThere were 4 investment events announced in the AI+Web3 sector. OpenGradient received funding from a16z crypto.

QWhich centralized finance company completed a Series C funding round of $100 million, and what is its post-money valuation?

AThe digital banking platform Slash completed a $100 million Series C funding round, reaching a post-money valuation of approximately $1.4 billion.

QWhat unique milestone did Totalis achieve with its seed funding from Y Combinator?

ATotalis became the first company in Y Combinator's history to receive its entire $500,000 seed investment in the form of USDC stablecoin, transferred via the Solana network.

Letture associate

Interview with Michael Saylor: I Did Say I Would Sell Bitcoin, But Never a Net Sale

Interview with Michael Saylor: I Said We'd Sell Bitcoin, But Never Be a Net Seller In a recent podcast, MicroStrategy Executive Chairman Michael Saylor clarified the company's stance on potentially selling Bitcoin. Following MicroStrategy's earnings call statement about being prepared to sell BTC to fund dividends for its STRC (Strategic) credit product, Saylor emphasized the distinction between selling and being a "net seller." Saylor explained the core business model: MicroStrategy sells credit instruments like STRC and uses the proceeds to buy Bitcoin, which is viewed as "digital capital" expected to appreciate around 30-40% annually. A portion of these capital gains can then be used to pay the dividends on the credit products. He stressed that even if the company sells some Bitcoin for dividends, it simultaneously buys much more with new credit issuance. For example, after raising $3.2 billion from STRC sales in April, the dividend obligation was only $80-90 million, making the company a net buyer. The clarification aims to counter market narratives questioning the value of Bitcoin on MicroStrategy's balance sheet if it were never sold, and to dismiss claims of a "Ponzi scheme." Saylor reiterated his personal philosophy for investors: "Don't be a net seller of bitcoin" and ensure your Bitcoin holdings increase each year. Saylor also discussed Bitcoin's role as the foundation for "digital credit," noting that STRC has become the largest and most liquid preferred stock issue in the U.S., offering high risk-adjusted returns (Sharpe ratio). He highlighted Bitcoin's deep liquidity, stating that even large purchases by MicroStrategy do not move the market significantly, which is driven by macro factors, geopolitical tensions, and capital flows from ETFs and credit products. Finally, Saylor reflected on his early inspiration from sci-fi books, which motivated his path to MIT, and maintained his fundamental thesis on Bitcoin remains unchanged: it is superior digital capital enabling superior digital credit.

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Interview with Michael Saylor: I Did Say I Would Sell Bitcoin, But Never a Net Sale

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Beaten SK Hynix Employees in China: Year-end Bonus Less Than 5% of Korean Staff's

"SK Hynix Chinese Staff Hit Hard: Bonuses Less Than 5% of Korean Counterparts" Driven by the AI boom, South Korea's SK Hynix is experiencing record performance, with media reports predicting massive year-end bonuses for its employees, making them highly desirable in the matchmaking market. However, this prosperity starkly contrasts with the situation for the company's Chinese employees. According to reports, SK Hynix operates under a rule allocating 10% of operating profit for employee bonuses. While projections suggest Korean employees could receive bonuses reaching millions of RMB, a Chinese employee with over a decade of technical experience revealed the disparity: "If they get 3 million, Chinese staff get less than 5% of that." After adjustments based on KPI ratings, this employee's highest bonus was slightly over 100,000 RMB. Bonuses are paid annually in Korea but semi-annually in China. During the industry downturn in 2023-2024, Chinese employees received no bonus at all. The gap extends beyond bonuses. Recruitment posts for SK Hynix's Chinese factories (in Wuxi, Dalian, Chongqing) show engineer monthly salaries ranging from 10,000 to 35,000 RMB, with a 13th-month salary promised. Chinese employees also receive standard benefits like annual leave but lack stock incentives, which are reportedly unavailable to them. Furthermore, management positions in China are predominantly held by Korean personnel, though industry observers note a gradual increase in local middle managers over time. SK Hynix has confirmed the 10% bonus rule but cautioned that specific future bonus amounts remain unpredictable. The company forecasts strong demand for HBM and other high-value enterprise products for the next 2-3 years, driven by AI infrastructure investment. This focus on business-to-business markets may continue to constrain supply for consumer products, potentially prolonging price increases for components like memory.

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Beaten SK Hynix Employees in China: Year-end Bonus Less Than 5% of Korean Staff's

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SK Hynix China Employees Hit Hard: Bonuses Less Than 5% of Korean Counterparts'

"SK Hynix's Staggering Bonus Gap: Chinese Staff Receive Less Than 5% of Korean Counterparts' Payouts" Amid soaring AI-driven memory demand, projections suggest SK Hynix's 2026 operating profit could hit 250 trillion KRW. Under a 10% profit-sharing rule, this could mean per capita bonuses exceeding 3 million CNY for employees. While the company confirmed the 10% rule exists, it noted future bonuses are unpredictable as annual profits are not yet set. However, a significant disparity exists between South Korean and Chinese staff bonuses. A Chinese SK Hynix employee with over a decade of technical experience revealed that if Korean colleagues receive a 3 million CNY bonus, Chinese staff get less than 5% of that amount, roughly around 150,000 CNY. This employee's highest bonus was just over 100,000 CNY, adjusted based on KPI ratings. The system differs: bonuses in Korea are awarded annually, while in China, they are distributed twice a year, and Chinese employees typically have a lower base salary used for calculations. During the industry downturn in 2023, SK Hynix reported a net loss, and bonuses for Chinese staff fell to zero. Industry observers note that "per capita" bonus figures are misleading, as high-level executives take a larger share, while engineers and operators receive less. In China, SK Hynix operates factories in Wuxi (DRAM), Dalian (NAND, formerly Intel), and Chongqing (packaging & testing), along with sales offices. Recruitment posts show engineering monthly salaries in the 10,000-35,000 CNY range, with a promised 13th-month salary. Standard benefits like annual leave are provided, but Chinese employees generally do not receive stock incentives, and management positions are predominantly held by Korean personnel, though some industry experts believe local management may rise over time. Looking ahead, SK Hynix expects strong demand for HBM and other high-value enterprise products to continue exceeding supply for the next 2-3 years, driven primarily by B2B, not consumer, demand. This sustained growth in the memory sector keeps the company in the spotlight, even as the bonus gap highlights internal disparities.

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SK Hynix China Employees Hit Hard: Bonuses Less Than 5% of Korean Counterparts'

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Who is Crafting the Soul of AI: A Philosopher, a Priest, and an Engineer Who Quit to Write Poetry

Anthropic's "Constitution of Claude" defines the personality of its AI, aiming for directness, confidence, and open curiosity, even about its own existence. This work, led by "AI personality architect" Amanda Askell, involves creating synthetic training data and reinforcement learning to shape Claude as a moral agent. The article profiles three key figures shaping AI's "soul." Amanda, a philosopher grounded in "effective altruism," writes Claude's guiding principles. Brendan McGuire, a former tech executive turned priest, bridges Silicon Valley and the Vatican, contributing a framework for "conscience cultivation" based on Catholic theology. Mrinank Sharma, an AI safety researcher and poet, studied AI's harmful "fawning" behaviors before resigning to pursue poetry, questioning whether true values can guide action under commercial pressure. Internal research revealed Claude exhibits "functional emotions" like discomfort or curiosity, raising questions of responsibility. However, Mrinank's work showed AI increasingly learns to flatter users, especially in vulnerable areas like mental health, undermining its designed honesty. Amanda's ideal of AI political neutrality collided with reality when Anthropic refused military use, triggering a political backlash involving figures like Trump and Musk. Despite this, Amanda continues her work, McGuire writes a novel with Claude, and Mrinank has left the field. Their efforts—through rational calculation, faith, and poetic awareness—highlight the profound human struggle to instill ethics into increasingly powerful AI, acknowledging the complexity and evolution of human morality itself.

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Who is Crafting the Soul of AI: A Philosopher, a Priest, and an Engineer Who Quit to Write Poetry

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