Crypto Deal Flow: September 30–October 2

Aleksandr Cryptoved
4 min readOct 2, 2020

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10+ deals in 2 days is becoming the common. Crypto Deal Flow for September 30 — October 2.

Crypto Deal Flow: September 30–October 2
  1. Equilibrium| $5.5m| BKOEX Capital and PNYX Ventures| Unconventional Token Swap

Equilibrium cross-chain project Equilibrium from the Polkadot ecosystem raised $5.5m from BKOEX Capital and PNYX Ventures via token swap on different blockchains (from EOS to Polkadot). The project has previously received a grant from the Web3 Foundation.

2. Integra and Chainalysis| $500k| The US Internal Revenue Service| grant

Earlier we wrote about the insidious plans of the US tax authorities to issue grants to projects that will track anonymous cryptocurrencies. Two companies were chosen — Integra FEC and Chainalysis. Both receive $ 500k in advance, and they have 8 months to develop.

3. StableTech| undisclosed sum| Draper Goren Holm| strategic round

Tezos Stable Technologies (StableTech), the DeFi Foundation in Tezos, received an undisclosed investment from Draper Goren Holm. DeFi will be developed on the Tezos blockchain, in particular, projects such as USDtz (a crypto-dollar on Tezos), Tezos Finance (Tezfin) — a lending platform, TEZEX — a decentralized exchange, Wrapped XTZ are already underway.

4. Braintrust| $18m| ACME, Blockchange and others| strategic round

The freelance platform with tokens Braintrust raised $18m from lead investors ACME and Blockchange featuring Pantera, Multicoin, Omidyar Technology Ventures, Variant and Hashkey. The project has already raised $6m earlier. A full launch is expected later this year. This is the applied use of crypto.

5. Wootrade| $10m| Dragonfly Capital and others| private round

Wootrade is a liquidity provider and exchange for institutional investors. The project has already been on the CryptoDealFlow twice: September 18 and September 21. It has now officially announced a $10m raise from lead investor Dragonfly Capital featuring Haskey Capital, 3 Arrows Capital and DeFi Capital. Wootrade aims to overtake Binance in trading volumes.

6. Fluree| $1.5m| US Air Force

Data management blockchain startup Fluree signs a $1.5m contract with the US Air Force thanks to the latest round of $2.5m raised in venture capital. Yes, the technology is already being used by the military.

7. Nsure.Network| $1.5m| Based Ventures and others| private round and seed

Nsure.Network, an insurance platform for DeFi, raised $1.45m for 15% of tokens from a lead investor Based Ventures with participation Mechanism Capital, Caballeros Capital, 3Commas, AU21, Signal Ventures and Genblock. The launch of the alpha version of the platform is expected before the end of the year.

8. Centaur| $4.5m| Digital Strategies and others| private round

Centaur, a bridge between decentralized and classic finance, has raised $4.5m from a lead investor Digital Strategies with participation TRG Capital, Astronaut Capital, Brilliance Ventures and Rocktree Capital. The project is built on Cosmos, among well-known partners are Elrond (you could get CNTR tokens for staking eGLD) and IOST. A form for participation in a public token sale (lottery) is now open.

9. DeFiner| $200k | Coinlist

DeFiner was already featured on the CryptoDealFlow on September 16 and 24. Now the project has a private round of investments on Coinlist, you can invest from $100 to $1000. To participate in the private round, you must invest in the “savings pool”. For every $2000 invested, you can get an allocation of $100.

10. Ocean Protocol| undisclosed sum| Moonrock Capital| purchase

Moonrock Capital has announced its investment in Ocean Protocol, which helps developers to build dApps based on user data. There is no information on the format of the investment. Perhaps the tokens were just bought from the market.

11. Metacartel | grants

Metacartel has opened a grant form for projects in the Ethereum ecosystem. Last time grants were received by Zapper Finance, Gelato Finance, DAOhaus, Kickback, rDAI and MetaFactory.

12. NBA Top Shot| $2m| NFT

NBA Top Shot, an NFT basketball game, has sold $2m in tokens. The 3D game “Hardcourt” is expected to be launched at the end of the year. Tokens will be on the Flow blockchain.

13. Persistance| $3.7m| Arrington XRP Capital, LuneX Ventures, IOSG Ventures and others| private round

Persistance, a decentralized finance protocol that connects real-world assets and cryptocurrencies. The startup raised $ 3.7m from Arrington XRP Capital, LuneX Ventures, IOSG Ventures, Spark Capital, Woodstock Fund, Incrypt, Genesis Block HK, Moonrock Capital, NGC Ventures, AU21 Capital, Alameda Research, Terraform Labs, Dokia Capital, SG-1 Validator, Cosmostation, TRG Capital and private investors. Through Persistance, it will be possible to issue NFTs linked to real assets. The Comdex decentralized exchange is one of the protocol projects.
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