As the entrance to the Web3 world, encrypted wallets have always been favored by investors. Judging from the statistics of this week (a total of 19 projects), the number of financing for DeFi projects (5) has begun to rise, but investment institutions still focus on web3 infrastructure (7) and GameFi projects (5). CGV and CTC have summarized the investment and financing information worth noting in the global encryption market for a week. The following is the investment and financing information of the global encryption market from April 11 to April 17, 2022:

【infrastructure】

1. Sender Wallet | Binance Labs and others participated in the investment

On April 11, Sender Wallet, a NEAR ecological non-custodial wallet, announced the completion of the seed round of financing. Binance Labs and MetaWeb Ventures participated in this round of financing. The specific financing information has not yet been disclosed. The financing will help the Sender team expand R&D personnel, build a global community, and accelerate ecological development.

2. Nomad | $22 million in seed round financing｜Polychain led the investment

On April 12, the cross-chain solution Nomad announced the completion of a $22 million seed round of financing, led by Polychain, 1kx, Ethereal, Hack VC, Circle Ventures, Amber, Archetype, Lattice, A&T Capital, Hypersphere, Dialectic, Breyer Capital, Figment , LedgerPrime, Robot Ventures, Continue Capital, Wave Financial and Open Web Collective participated in the investment, with a post-money valuation of $225 million.

Nomad aims to implement a non-traditional cross-chain communication that does not rely on a large number of external verifications through the Optimistic mechanism. This round of financing will be used to expand the team and product development.

3. Dfns | $13.5 million in seed round financing｜Coinbase and others participated in the investment

On April 13, Dfns, an encrypted wallet startup, announced the completion of a US$13.5 million seed round of financing. This round of financing was led by White Star Capital, with participation from Hashed, Susquehanna, Coinbase, and ABN AMRO Venture Capital. Dfns plans to use the funding from the round to deploy its keyless wallet in DeFi applications and expand its team.

Dfns aims to help companies secure their digital assets by sharding the private keys of encrypted wallets and distributing those pieces across a peer-to-peer network.

4. EPNS | A round of financing $ 10.1 million | Jump Crypto led the investment

On April 14, EPNS, the Ethereum messaging service, announced the completion of a $10.1 million Series A round of financing at a valuation of $131 million, led by Jump Crypto, with participation from Tiger Global, ParaFi, A.Capital, Sino Global Capital, and Polygon Studios , Harmony Foundation, Wintermute, Zee Prime Capital, Woodstock Ventures, DCX Ventures, Alpha Wave Capital, Zebpay, TRGC, Signum Capital and iSeedVC, etc.

EPNS will use the financing to expand its team, grow its user base, and grow outside of the Ethereum ecosystem.

5.Context | $19.5 million in seed round financing｜Variant Fund and other leading investors

On April 14, Context, a Web3 wallet tracking application, announced the completion of a $19.5 million seed round of financing. This round of financing was led by Variant Fund and OpenAI CEO Sam Altman, with participation from Dragonfly Capital and other investors. Angel investors include Quora CEO Adam D'Angelo et al.

Context is a Web3 wallet tracking application. The new function of this application can help users automatically find and follow the Web3 wallet associated with the celebrity that the user follows on Twitter, and track the on-chain activity of the wallet address in real time.

6. Loop | $4 million in seed round financing｜a16z led the investment

On April 14, Loop, a Web3 start-up company focusing on encrypted regular payment services, announced the completion of a $4 million seed round of financing. This round of financing was led by a16z, with participation from A_capital, Alchemy Ventures, CoinList, etc., and angel investors including Pantera Capital. Partner Paul Veradittakit, Nansen CEO Alex Svanevik and others.

Loop is a Web3 start-up company that focuses on the development of employees' regular salary payment and other regular payment service solutions. The company aims to solve this pain point and promote the popularity and development of Web3.

7. Impervious.ai | CoinShares Participation

On April 15, Impervious.ai, a peer-to-peer network infrastructure based on Lightning Network, completed its seed round of financing. The financing amount has not yet been disclosed. Participating investors in this round include: CoinShares, NYDIG, Trammell Venture Partners, Fundamental Labs, Strategic Cyber Ventures, TEN-31, XBTO Humla Ventures Fund, Jungle Boys Capital, Bitcoiner Ventures, Lightning Ventures, and Lightning Labs, among others.

As the programming layer of Bitcoin Lightning Network, Impervious adds peer-to-peer communication and data transmission functions to the real-time payment protocol of Bitcoin Lightning Network. The financing will be used to expand the team and develop more products, including a mobile browser and a new application suite based on Impervious Browser. (The company plans to use the funds to scale its rapidly growing team and attract the best talent across the systems engineering, mobile and Bitcoin ecosystems.)

【DeFi】

8. Vovo Finance | $2 million in seed round financing｜IOSG Ventures led the investment

On April 12, Vovo Finance announced that it has received US$2 million in seed round financing, led by IOSG Ventures, and participated by Matrixport, Ledger Prime, and Zee Prime Capital. It is understood that Vovo Finance aims to establish DeFi structured products on Arbitrum, and this round of financing will be used to promote research and development and improve products.

9. Reactor | Hashed led the round

On April 13, Reactor, a Terra ecological project, announced the completion of its seed round of financing. This round of financing was led by Hashed and Delphi Ventures, and GT Capital participated in the investment. The specific amount has not been disclosed yet.

Reactor is building a revenue optimization platform to help users increase rewards in DeFi protocols on the Terra chain.

10. MoonPay | Financing $87 million｜Snoop Dogg and others participated in the investment

On April 13, the encrypted payment company MoonPay announced the completion of $87 million in financing. This round of financing was led by pop singer Justin Bieber, rapper Snoop Dogg, Hilton Hotel heir Paris Hilton, tennis player Maria Sharapova and actor Bruce Willis, actor Matthew McConaughey, actor More than 60 celebrities including Gwyneth Paltrow participated in the vote. According to MoonPay, this round of financing is part of the company's A round of financing.

11.FLUID | Financing 10 million US dollars ｜ GSR and other leading investors

On April 14, liquidity aggregator FLUID announced the completion of US$10 million in financing. This round of financing was led by GSR, Ghaf Capital and 21Shares. This round of financing will help the team reduce fees and delays, provide customers with real-time quotes, and provide liquidity for trading platforms and more.

Launched in May this year, FLUID aims to change the way liquidity works in the crypto space.

12.Oasis.app | A round of financing of 6 million US dollars ｜Libertus Capital led the investment

On April 15, the DeFi platform Oasis.app announced the completion of a US$6 million Series A financing, led by Libertus Capital, with participation from Road Capital and 1inch co-founder Sergej Kunz. This round of financing will be used to further develop its products, expand its team and enhance its brand image.

【GameFi】

13. Blast Royale | $5 million in seed round financing ｜Animoca Brands and others lead the investment

On April 13, the NFT game project Blast Royale announced the completion of a US$5 million seed round of financing. This round of financing was led by Animoca Brands and Mechanism Capital, Dragonfly Capital, DeFiance Capital, Play Ventures Future Fund, Double Peak, Polygon, C² Ventures, Morningstar Ventures, DWeb3, Merit Circle, Ancient 8 and AvocadoDAO also participated, along with angel investors Santiago R Santos and Nick Chong. Blast Royale plans to launch the mainnet at the end of the third quarter of 2022.

14.Firework Games | Financing $1 million ｜Animoca Brands participated in the investment

On April 14, Firework Games, a decentralized independent development and distribution platform for blockchain games, announced the completion of a $1 million financing, with Animoca Brands participating.

The goal of Firework Games is to create a free P2E game platform based on NFT. This round of financing will be used for platform construction and the development of the first game "Spark Era".

15. Forgotten Runiverse | Dialectic leads the round

On April 14, the massively multiplayer online role-playing game Forgotten Runiverse completed a round of Land Token financing, led by Dialectic, a Swiss encryption fund founded by Ryan Zurrer, Seven Seven Six (founded by Reddit co-founder Alexis Ohanian), Libertus Capital, Kenetic Capital, Placeholder, 1confirmation, Wenew Labs, No Goat Milk (Future Corp), Fiskantes, Deeze, Soby, etc. participated in the investment. The specific financing amount was not disclosed.

The game, based on Magic Machine's NFT project Forgotten Runes Wizard's Cult, is in development and will have a public land sale in June.

16. Elumia | Financing $ 7.5 million ｜Alameda Research led the investment

On April 14, Elumia, a Solana ecological P2E chain game, announced the completion of a new round of financing. This round of financing was led by Alameda Research and Animoca Brands, with Cryptology AG, Guilds YGG SEA, GuildFi, Ancient 8, Good Games Guild, PathDAO, Unix Gaming And strategic partners Spartan Group, Cryptocom Capital, Kyros Ventures, Infinity Ventures Crypto, Spark Digital, Forward Analytics, Master Ventures, Maven Capital, Metavest and Solar Eco Fund participated in the investment. The specific amount has not been disclosed yet. Elumia will launch its first Alpha release in Q2 2022.

17. Real Player DAO | Animoca Brands led the round

On April 15th, Real Player DAO (RPD), a chain game association and GameFi task publishing platform, announced the completion of the seed round of financing. This round of financing was led by Animoca Brands, Momentum6, Youbi, Double Peak, Dweb3, Blockpact, Enzac Research and Mr Block Participate in voting. This round of financing will be mainly used for the promotion and development of the guild in East Asia, Turkey and Africa, as well as the deployment on BSC, Polygon, Harmony and Solana.

【NFT】

18.Genies | Financing $150 million ｜Silver Lake leads the investment

On April 12, NFT platform Genies completed a financing of US$150 million at a valuation of US$1 billion, led by Silver Lake. The funds raised in this round will be used to accelerate the construction of online NFT creation and sales tools to further expand Genies' Web3 ecosystem.

19. Paladin Pandas | Financing $4 million ｜Future Capital and others participated in the investment

On April 13, OHDAT Studio, the team behind the NFT project Paladin Pandas, recently completed two consecutive rounds of financing, with a total of 4 million US dollars in financing. Hashkey Capital, Future Capital, Y2Z Capital and individual investors Mandy Wang and Vincent Niu participated in the investment. OHDAT Studio is committed to providing content creators with IP incubation services based on the WEB3-based IP community creation model, and helping IP issue IP digital assets such as NFT.

About CGV FOF: CGV FOF is a fund of funds from Asia, focusing on investing in Crypto Fund and Crypto Studio. CGV FOF is composed of family funds from Japan, South Korea, mainland China and Taiwan, headquartered in Japan, and also has branches in Singapore and Canada.