Securitize, Agora, Moso, Hinkal, X10 score funds

Summary of Recent Investments in Cryptocurrency Companies:

  • Cryptocurrency companies raised nearly $62 million in VC funding.
  • Securitize received the bulk of the funds with a $47 million round led by BlackRock.
  • Agora secured $5 million in seed funding for its governance platform.
  • Moso closed a $2 million seed round for its crypto shopping platform.
  • X10, a hybrid crypto exchange, launched with $6.5 million in funding.
  • Hinkal, a privacy layer for defi transactions, raised $1.4 million from the SALT Fund.

Securitize Receives $47 Million Investment from BlackRock

Securitize, a prominent player in digital asset securities, recently closed a significant funding round of $47 million, with BlackRock leading the investment effort. Joseph Chalom, BlackRock’s Global Head of Strategic Ecosystem Partnerships, joined Securitize’s board of directors as part of the fundraising agreement.

Agora Raises $5 Million for Governance Platform

Backed by Haun Ventures, Coinbase Ventures, and other industry heavyweights, Agora secured $5 million in seed funding for its governance system tailored for decentralized communities. It offers essential tools like gasless voting and API integration for clients like Optimism and Uniswap.

Moso Bags $2 Million for Crypto Shopping Platform

Led by CEO Blake Capozza, Moso closed a $2 million seed round to enhance its operations and partnerships with over 2,000 merchants like Walmart and eBay. The platform facilitates crypto rewards for users through online shopping.

X10 Gets $6.5 Million for Hybrid Crypto Exchange

Former Revolut employees launched X10, a hybrid crypto exchange, with $6.5 million in funding from Tioga Capital and Semantic Ventures. It combines CeFi and DeFi approaches to crypto custody, operating at the crossroads of centralized and decentralized systems.

Hinkal Secures $1.4 Million for Privacy Layer for Defi Transactions

Hinkal, founded by Giorgi and Nika Koreli, raised $1.4 million from the SALT Fund for its multi-chain privacy layer catering to confidential defi transactions. Powered by zero knowledge technology, it offers secure token vesting and liquidation services for venture capital and founding teams.

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