Original | Odaily (@OdailyChina)
Author | Ding Dong (@XiaMiPP)
According to an incomplete statistics by Odaily, from May 19 to May 25, there were 14 blockchain-related financing events announced globally, a 27% increase from the previous week's 11 events. The total financing scale reached approximately $600 million, a significant increase from the previous week's $89 million. It is worth noting that this amount increase is mainly due to Riot Platforms (a NASDAQ-listed Bitcoin mining company) raising its credit agreement with Coinbase Credit from $100 million to $200 million, rather than actual new financing.
From the financing dynamics, the crypto industry continues to receive capital favor: Theta Capital Management completed fundraising of over $175 million, showing that institutional investors are still expanding their layout. In细分领域中，支付与 AI 赛道表现最为活跃，成为本周融资主力方向。
Here are the specific financing events (Note: 1. Sorted by announced amount; 2. Excluding fund raising and M&A events; 3. * for "traditional" companies with partial blockchain business):
[The rest of the translation follows the same pattern, maintaining the original structure and translating the text while preserving any HTML tags and specific names as specified in the initial instructions.]On May 20, TON ecosystem decentralized exchange Tradoor announced the completion of a $3.2 million financing round, led by TON Ventures and Kenetic Capital, with participation from Sigil Fund, Protagonist, VentureSouq, T Fund, TONX, Re 7 Capital, and BitsLab. It is reported that this round of financing also includes a $1.5 million token purchase commitment to support Tradoor's roadmap for high-frequency trading on TON. The new funds will support the launch of token swapping and AI features, including text trading (allowing users to execute trades via text commands) and social copy trading products.
Crypto asset management company Blockrise completes €2 million seed round financing
On May 23, Rotterdam-based crypto asset management company Blockrise announced the completion of a €2 million seed round financing, with Golden Egg Check Capital participating. The new funds are intended to prepare for the implementation of European crypto asset market regulations and to seek the MiCAR license for crypto asset market regulation from the Dutch Financial Markets Authority (AFM). The company expects to launch Series A financing and expand its Bitcoin custody and asset management platform by the end of the year.
Stablecoin issuer Stablecorp completes $1.8 million financing, with Coinbase Ventures participating
On May 24, Canadian stablecoin issuer Stablecorp completed $1.8 million in financing, with investors including Coinbase Ventures and Side Door Ventures.
NERO Chain completes early-stage financing, specific amount not yet disclosed
On May 23, according to official sources, NERO Chain received investments from multiple top Japanese institutions and global capital, including Arcanum Capital (with Tether participating), Csquare Venture, Oddiyana Ventures, and Triple GEM Capital, who have completed early-stage investment. The specific financing amount was not disclosed.
