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Ethena Raises $116M, Phantom Acquires NFT Data Platform SimpleHash, and 31 Other PJs【Fundraising PJ Summary】
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Ethena Raises $116M, Phantom Acquires NFT Data Platform SimpleHash, and 31 Other PJs【Fundraising PJ Summary】

31 Fundraising PJs from Feb 22~28

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mitsui
Mar 02, 2025
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web3 Research
web3 Research
Ethena Raises $116M, Phantom Acquires NFT Data Platform SimpleHash, and 31 Other PJs【Fundraising PJ Summary】
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Good morning.
Mitsui from web3 researcher.

Today's "Fundraising PJ's Summary for the week ahead".

💥Top 5 projects in terms of proceeds

1,Figure

  • Summary:A blockchain startup that provides loan issuance, equity management and payment services using Provenance Blockchain.Considered a unicorn company, it aims to transform the financial services industry by bringing speed, efficiency and savings to both consumers and institutions.

  • Category:Blockchain

  • Raised amount:$200M

  • Investment Round:TBD

  • Investors:Sixth Street

2、Ethena Labs

  • Overview:First ever "Internet Bond" and hedges price exposure by shorting Ethereum using perpetual swaps to provide stabilityA startup company developing USDe, a stablecoin that will

  • Category: DeFi, Stablecoin

  • Raised amount:$116M

  • Investment Round:Private

  • Investors: Franklin Templeton, Polychain Capital, Pantera Capital, Dragonfly Capital, etc....

3、Bitwise

  • Overview:Manages the world's largest crypto index fund and pioneering investment products covering Bitcoin, Ethereum, DeFi and crypto-focused equity indexesThe crypto asset management company is known for developing

  • Category: Bank

  • Raised amount:$70M

  • Investment Round:TBD

  • Investors:Electric Capital, MassMutual Ventures (MMV), MIT Investment Management Company,Highland Capital Partners, etc.

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