Sharding Weekly: DriftProtocol Launches BET, the First Efficient Prediction Market on Solana
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Sharding Weekly: DriftProtocol Launches BET, the First Efficient Prediction Market on Solana
Welcome to Sharding Weekly Issue #45, highlighting news, narratives, and primary market funding!
Navigating Web3 tides with focused insightsAuthor: chung
Shard Labs is an organization focused on promoting and accelerating Web3 projects, dedicated to identifying high-quality projects through research and development, and continuously advancing them through narrative building. Sharding Capital is the investment arm of Shard Labs.
Welcome to Issue 45 of Sharding Weekly, highlighting news, narratives, and primary market fundraising!
Highlights
▪️ DriftProtocol launches BET: Solana’s first efficient prediction market
▪️ puff drgn Chapter 6 is now live! $PUFF holders will receive rewards of 2%, 3%, 4%, or 6% depending on wallet reputation
▪️ Heurist is a Layer 2 network based on ZK Stack, focusing on AI model hosting and inference services. In collaboration with Zyfi, whitelisted addresses can mint zkImagine, an NFT collection generated by Heurist AI, for free
▪️ GOATRollup releases a sustainable BTC yield solution
NEW
▪️ Veteran Italian bank Banca Sella now offers Bitcoin services directly on its banking platform, BitcoinMagazine
▪️ Tether (USDT) will launch on the Aptos blockchain
▪️ SEC negotiates with ETF issuers over concerns that Solana may be classified as a security, after which Cboe withdraws its 19b-4 filing
▪️ The U.S. economy created 818,000 fewer jobs than previously reported
▪️ Tether will launch a stablecoin pegged to the UAE currency
▪️ Trump promotes his DeFi project on the Truthsocial platform
▪️ Binance founder Changpeng Zhao is expected to be released on September 29
▪️ According to Kommersant, Russia plans to launch two cryptocurrency exchanges and issue stablecoins pegged to the Chinese yuan and BRICS currencies
▪️ A judge rules that cryptocurrency exchange Kraken must face SEC lawsuit alleging it operates an unregistered securities exchange
▪️ Pavel Durov, CEO of Telegram messaging app, arrested in France
Primary Market Fundraising
Infrastructure
▪️ FabricCrypto raises $33M in Series A led by Blockchain Capital and 1kx Network
▪️ KIP Protocol raises $5M in private round led by Animoca Ventures and Tribe Capital
▪️ TrySkyfire raises $8.5M in seed funding
Blockchain Services
▪️ 0xHolonym raises $5.5M in seed round led by Finality and Paper VC
▪️ zkme raises $4M in seed round led by Multicoin Capital
▪️ DIN raises $4M ($8M total)
▪️ G8 Keep raises $1.25M in pre-seed funding
▪️ Stork raises $4M in seed round led by Faction VC
AI
▪️ SaharaLabs AI raises $37M in Series A ($43M total), led by Pantera Capital, Binance Labs, and Polychain
▪️ Rivalz AI raises $9M, led by Delphi Ventures, Magnus Fund, Gate.io, D1 Ventures, and CogitentV
Chain
▪️ corn raises $6.7M in seed round led by Polychain
▪️ GenLayer raises $7.5M in seed round led by North Island VC
▪️ ArkLabsHQ raises $2.5M in pre-seed round led by Tim Draper and Draper VC
DeFi
▪️ SorellaLabs raises $7.5M in seed round led by Paradigm
▪️ BSX raises $6.2M in seed round led by Blockchain Capital
Satlayer raises $8M in pre-seed round led by Hack VC and Castle Island VC
Vooi.io announces funding from Binance Labs
ArchLending raises $5M in seed round led by Morgan Creek Digital and Castle Island VC
Ducat Stable raises $1.25M in pre-seed round led by UTXO Management
Credbull DeFi raises $5.2M led by GnosisDAO
Social
Story Protocol raises $80M in Series B ($140M total), led by a16z
Opinion Labs announces investment from Binance Labs
GameFi
GAMEE announces investment from Pantera Capital
Nexus raises $2M in seed round
Fantasy Fanton raises $1M led by Delphi Ventures, Animoca Brands, and Kenetic Capital
Sidekick announces investment from Binance Labs
CeFi
BiFinanceE raises $10M in Series A led by Sunfund Fortuna Global Opportunities
Shard Labs is an organization focused on promoting and accelerating Web3 projects, dedicated to identifying high-quality projects through research and development, and continuously advancing them through narrative building. Sharding Capital is the investment arm of Shard Labs.
Shard Labs provides marketing, KOL outreach, fundraising support, and other services to help blockchain startups grow in a forward-looking manner. Team members come from the Middle East, South Korea, Japan, China, and Europe. With a professional team, deep industry experience, and extensive resources, Shard helps projects stand out in the Web3 space and gain broader industry recognition.
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