Crypto Deal Flow: September 28–30

The autumn fever in cryptocurrency deals continues. This is a record considering the fact that the information was accumulated in just 2 days!

1. ACDX| $10m| VYSYN VENTURES| private round

ACDX, the Advanced Crypto Derivatives Exchange, has closed a $10m round in equity and tokens. Thelead investor is VYSYN VENTURES, the names of other funds have not been disclosed. The exchange’s tokens are already traded on Uniswap.

2. UniLend| $3.1m| Woodstock Fund, Signal Ventures, 3Commas and others| seed and private round

UniLend, a permissionless DeFi platform, raised $3.1m in a seed and private round. Investors — Woodstock Fund, Signal Ventures, 3Commas, Danish Chaudhry (Bitcoin.com Exchange), Jay Putera (CryptoBriefing.com), TRG Capital, BTC12 Capital, AU21 Capital, Youbi Capital, TomoChain, Bidesk, Bibox, Tenzor Capital and Sandeep Nailwal (co-founder of Matic Network).

3. Compound founders (Robert Leshner) and Gauntlet (Tarun Chitra)| new money

Compound founders (Robert Leshner) and Gauntlet (Tarun Chitra) raised $4m in DeFi Scout Fund from Galaxy Digital and Paradigm co-founder Fred Ehrsam. Everyone believes in the rapid development of DeFi in the near future.

4. Reef Finance| $3.9m| NGC Ventures, AU21 Capital, QCP Capital, Kenetic Capital and Woodstock Fund| private round

On September 18, we already mentioned Reef, now the official announcement has been released: the project has raised $3.9m from NGC Ventures, AU21 Capital, QCP Capital, Kenetic Capital and Woodstock Fund. Interestingly, the information about the funds dated September 18 and the current one differs (there are no LD Capital and Genesis Block HK).

5. PlotX| $2.4m| NGC Ventures, Brilliance Ventures, Origin Capital and 3commas| private round

PlotX, a prediction market in a decentralized environment, has raised $2.4m from NGC Ventures, Brilliance Ventures, Origin Capital and 3commas. PlotX has SHO on DAO Maker.

6. Permission.io| $47m| private round

Permission.io is a platform that allows users to earn ASK tokens for viewing relevant ads and while shopping online. The project raised $47m in equity, the investor was not disclosed.

7. OpenBazaar| donation

The decentralized OpenBazaar market has received a donation from an unknown person, which will allow it to work, at least until the end of the year. The market was founded back in 2014, but has not acquired a critical number of users.

8. Bitwise Bitcoin Fund| new money

Bitwise Bitcoin Fund has grown from $4m to nearly $9m over the past year. Growth is fueled by investor fear of inflation. It should be said that this is a regulated fund that fills in documents with the SEC.

9. Bitpanda| $52m| Valar Ventures| series A round

European crypto broker Bitpanda raised $52m from Valar Ventures, and funds were also raised through the SeedInvest crowdfunding platform. Bitpanda trading statistics can be viewed on Coingecko.

10. Wirex| $1.54m| STO

Wirex digital payment platform raised $1.54m via STO on crowdinvesting platform Crowdcube. The funds were raised in 1.5 hours from 2405 investors. The average check is only $ 642.

11. X-Margin and ShuttleOne | investments from CoinShares Ventures

CoinShares Ventures in their email newsletter told about two deals in September: funds were invested in the X-Margin cross-margin platform and ShuttleOne digital infrastructure, which will focus on the promotion and development of digital assets in South East Asia.

12. Cred| undisclosed sum| Borderless Capital| private round

Cred digital financial platform raised capital from Borderless Capital, the amount of investment has not been disclosed. The tweet also says that now Cred will develop its products on the Algorand blockchain.

13. ParaFi Capital | new money

DeFi Fund ParaFi Capital raised investments from Galaxy Digital under the management of Mike Novogratz. It looks like Galaxy Digital is seeing a big DeFi trend and is diversifying its investments into DeFi specialized funds. ParaFi Capital now manages over $100m.

14. Multis| $2.2m| White Star Capital, Y Combinator, Coinbase Ventures and others| seed

Multis, a French startup, creates bank accounts for businesses and allows you to store, send and receive cryptocurrencies. The project has just raised a $2.2m seed round. The investors for the round are White Star Capital, Y Combinator, Coinbase Ventures, eFounders, Greenfield One, Digital Currency Group, Monday Capital and SGH Capital.

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