Crypto Deal Flow: September 13–16

And again we have reached a record number of news — 12! Yes, this is exactly how many deals took place in just two days (although we talk about one of them with a delay of a week, and for cryptocurrencies it is almost an eternity).

1. dHedge| undisclosed sum|Lemniscap | private round

Investment firm Lemniscap has invested in the dHedge project, which organizes copy trading directly on-chain. On September 17, dHedge will host a TGE in the form of an auction on the Mesa platform.
Source: https://twitter.com/Lemniscap/status/1305514266867437569

dHedge: https://www.dhedge.org/

2. Gelato Network| $1.2m|IOSG Ventures, Galaxy Digital and others| seed

Gelato Network, a Berlin-based startup creating a tech stack for automated Ethereum services, has raised $1.2m in investments from IOSG Ventures, Galaxy Digital, MetaCartel Ventures, The LAO, two DAOs and private investors. Gelato Network will automate typical transactions in Ethereum so that the smart contract does not depend on the human factor. The transformation of Gelato Network into DAO is also planned.
Source: https://www.coindesk.com/gelato-smart-contracts-ethereum-galaxy-digital
Gelato Network: https://gelato.network/

3. Hegic| $10m+|TGE

A bit late: last week, the Hegic project held a TGE in a decentralized format, many people in the industry speak positively about the format — IBCO (Initial Bonding Curve Offering). During the token sale, over $10m (31,523 ETH) was raised. Tokens are already traded on exchanges.
Source: https://cryptobriefing.com/fundraising-breakthrough-defi-protocols-reinvent-token-offerings/
Hegic: https://www.hegic.co/

4. Microstrategy| $175m|BTC purchase

Microstrategy, already on the Crypto Deal Flow earlier , bought more bitcoins for $175m. The company now has a total of 38,250 bitcoins, which it has officially formalized as a treasury reserve.
Source: https://news.bitcoin.com/nasdaq-microstrategy-bitcoin-425-million/
Microstrategy: https://www.microstrategy.com/us

5. Dxone| €1.14M| STO

Cryptocurrency analytics platform Dxone has announced that it has raised €1.14M in a private round in the form of an STO. Now the platform has a public round, which will last another 14 days.
Source: https://www.cryptoninjas.net/2020/09/15/crypto-intel-and-trading-platform-dxone-raises-e1-14m-in-private-sale/
Dxone: https://dxone.com/

6. Ksign | $1.27m| The South Korean government

The South Korean government has pledged $1.27m to operator Ksign to develop a platform for apartment residents through which they can vote, pay bills, and hold meetings. It is reported that the platform will be based on blockchain technology.
Source: https://cryptonews.com/news/south-korea-to-fund-blockchain-powered-platform-for-apartmen-7713.htm

7. Blockdata| CB Insights| acquisition

Analyst giant CB Insights has acquired a cryptocurrency analyst firm Blockdata. Now analytics from Blockdata will be available to CB Insights clients. This is a serious step, which tells us that there is a great interest in blockchain analytics among corporate and private clients.
Source: https://www.coindesk.com/cb-insights-blockdata-acquisition
Blockdata: https://blockdata.tech/

8. Crust Network| undisclosed sum| 16 funds | series A round

Crust Network, a decentralized storage network in the Web3 ecosystem, has closed series A round, investors — NGC Ventures, AU21 Capital, Bitscale Capital, Chain Capital, DFG, HashCIB, IOSG, KNS Group, Lotus Capital, Origin Capital, SNZ, Bitrise Capital, Consensus Lab, Waterdrip Capital, Ti Capital, Chengdu Infichain Technology and others. On September 18, the project will have an auction on Bounce Finance.

Source: https://medium.com/crustnetwork/polkadot-ecological-project-crust-network-decentralized-cloud-announces-the-completion-of-series-a-c064c237ac8f
Crust Network: https://crust.network/

9. Polkastarter| undisclosed sum| Moonrock Capital | private round

Moonrock Capital has published information that it has invested in Polkastarter, DEX on Polkadot, where token sales and auctions will take place in a decentralized cross-chain environment. I expect that soon a lot of perspective projects will be there.
Source: https://medium.com/@moonrockcapital/moonrock-capital-announces-strategic-investment-in-polkastarter-pols-38a0b9dfe02b
Polkastarter: https://www.polkastarter.com/

10. Riot Blockchain| $10m| Bitmain | mining

Riot Blockchain has signed another deal with Bitmain for the supply of 5100 S19 Pro Antminers (110 TH) for over $10m. Earlier in August, Bitmain and Riot Blockchain closed a $17.7m deal.
Source: https://blog.bitmain.com/en/bitmain-signs-another-purchase-contract-of-5100-antminer-s19-pros-with-riot-blockchain/

Riot Blockchain: https://www.riotblockchain.com/

11. DeFiner| undisclosed sum| Signum Capital | private round

DeFi platform DeFiner has raised investment from Signum Capital. DeFiner is an aggregator of DeFi protocols, it simplifies user interaction with them. The project will have SHO through DAO Maker.
Source:
https://finance.yahoo.com/news/singapores-signum-capital-adds-definer-124000308.html

DeFiner: https://definer.org/

12. Gitcoin| the 7th round of grants

Gitcoin has announced the 7th round of grants to develop the Ethereum ecosystem. The round will last until October 2, you can support projects with DAI tokens or Ethereum.

Source: https://gitcoin.co/blog/gitcoin-grants-round-7/

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