In the rapidly evolving world of blockchain and cryptocurrency, several ventures have successfully secured venture capital to fuel their growth and innovation. Here’s a closer look at some of the recent significant investments in this dynamic industry.

Arbelos Markets Raises $28 Million to Boost Crypto Derivatives

Arbelos Markets, a New York-based liquidity provider specializing in the crypto derivatives market, has recently raised a substantial $28 million in funding. This investment round was led by Dragonfly Capital, with contributions from Room40 Ventures, Selini Capital, Breed VC, FalconX, and Circle Ventures. The company, founded by Joshua Lim and Shiliang Tang, plans to use this capital to enhance its quant trading infrastructure, expand its product offerings, and strengthen its market presence.

Lagrange Labs Secures $13.2 Million for Blockchain Computation Enhancements

Lagrange Labs, another New York-based startup focusing on blockchain computation, has secured $13.2 million in seed funding. The round, spearheaded by Founders Fund, also saw participation from Archetype Ventures, 1kx, Maven11, Fenbushi Capital, Volt Capital, CMT Digital, and Mantle Ecosystem Fund. The company aims to revolutionize how computations are performed on blockchain networks, enhancing efficiency and scalability.

ZKM Acquires $5 Million for Ethereum Scaling Solutions

ZKM, an Ethereum scaling startup, has recently raised $5 million in pre-seed funding led by OKX Ventures. The round also included Amber, Metis Foundation, and Crypto.com. This funding is a significant milestone for ZKM as it continues to develop innovative solutions to enhance Ethereum’s scalability, backed by strong support from key investors.

Volta Gathers $4.1 Million for Non-Custodial Crypto Platform

Volta, based in Las Vegas, has raised $4.1 million in seed funding to develop its institutional-focused, non-custodial crypto platform. The investment round was co-led by Fika Ventures and Haven Ventures, with additional support from Soma Capital, Dispersion Capital, and Uphonest Capital. Volta’s flagship product, the Volta Circuit, integrates smart contract wallets with direct on-chain enforcement, aiming to address scalability, security, and performance concerns for institutional investors.

Hemera Raises $2.6 Million to Enhance Web3 Infrastructure

Hemera, a San Francisco-based web3 infrastructure startup, has secured $2.6 million in funding in a round co-led by LIF Capital and Nomad Capital, with participation from SNZ, Chainlink, and several notable angel investors. Hemera’s technology is particularly designed to be compatible with large language models and broader AI models, facilitating seamless integration with advanced technologies.

Crestal Network’s Early Success with $2 Million Funding

The San Francisco-based Crestal Network, a proof-of-performance service marketplace for Web3 developers, has raised $2 million in pre-seed funding. This investment saw participation from a diverse group of investors including Lingfeng Capital, Cogitent Ventures, Kyro Ventures, and several others. The funds will help Crestal Network develop its decentralized, performance-driven marketplace, enhancing accessibility and efficiency in Web3 development.

Moso Integrates Shopping with Crypto Rewards, Secures $2 Million

Moso, a Los Angeles-based shop-to-earn platform, has raised $2 million in seed funding from Symbolic Capital, Dao5, Coinlist, and Polygon Ventures. The platform allows users to earn cryptocurrency rewards while shopping online, aiming to revolutionize the e-commerce landscape by integrating it with blockchain technology.

These investments highlight the vibrant activity in the cryptocurrency and blockchain sectors, underscoring the confidence of investors in these technologies’ potential to transform various industries. For more insights and updates on the cryptocurrency market, keep exploring Global Crypto News.

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