RootData

[New Fundraising] Hyperbolic announces $30 million in Series A1 funding led by Walden Catalyst Hyperbolic is an open-access decentralized AI cloud platform that aggregates global GPU resources, offering a compute marketplace, AI inference services, and model deployment capabilities. The platform employs a Proof of Sampling (PoSP) verification mechanism, ensuring trustworthy inference results while reducing verification costs, making the distributed compute network practical and economical. More about Hyperbolic：https://www.rootdata.com/projects/detail/Hyperbolic%20Labs?k=MTE1MDk%3D Source: https://www.hyperbolic.ai/blog/a1-funding

[New Fundraising] Canton-based trading platform Cancore raises $7.2 million at $60 million token valuation Cancore is a non-custodial settlement layer connecting Canton Network with public blockchains (EVM, Solana), using Hash Time-Locked Contracts (HTLC) to enable atomic swaps, ensuring transactions either fully succeed or fully revert, eliminating partial settlement risk. More about Cancore：https://www.rootdata.com/projects/detail/Cancore?k=MjU1NTU%3D Source: https://www.theblock.co/news/deals/2026-10-27-canton-based-trading-platform-cancore-raises-7-2-million-60-million-token-valuation-431906

[New Fundraising] Spicenet has raised a $5M Series A led by dao5 Spicenet is a brokerage network for DeFi, connecting trading venues, liquidity, and distribution across major blockchain ecosystems through a unified integration. Its product Spice Flow offers cross-chain asset transfer and transaction execution via API/SDK, enabling multi-chain operations under a single signature. More about Spicenet：https://www.rootdata.com/projects/detail/Spicenet?k=MTM4MjY%3D Source: https://x.com/spicenet/status/2115111290041495596

[New Fundraising] Predicate Completes $8 Million Series A Funding Round Led by Blockchain Capital Predicate is a programmable on-chain compliance policy infrastructure. It enables developers to define and enforce custom rules at the smart contract level, such as AML/KYC checks, rate limits, and geofencing. Policies are created via the Predicate Dashboard and can be updated dynamically without redeploying contracts. During transactions, the API validates in real-time and signs approval or denial, ensuring compliance. It supports DeFi protocols, asset issuers, and more. More about Predicate:https://www.rootdata.com/projects/detail/Predicate?k=MTQ2ODk%3D Source: https://x.com/0xPredicate/status/2115066003310985711

[New Fundraising] Luxor Technology Completes $16 Million Strategic Financing Round Led by CMT Digital Luxor is a service provider focused on Bitcoin mining infrastructure, with core offerings including a mining pool, custom firmware, energy management, and hashrate derivatives. Its pool settles via FPPS, firmware optimizes miner performance, energy tools enable demand response participation, and derivatives hedge mining revenue risk. More about Luxor:https://www.rootdata.com/projects/detail/Luxor?k=MzU1MQ%3D%3D Source: https://luxor.tech/news/corporate-news/article/luxor-raises-16-million-strategic-round-led-by-cmt-digital

[New Fundraising] Y Combinator-Backed Mochatrade Raises $5.5 Million Led by CoinFund to Offer US Stock Perpetuals to Indian Traders MochaTrade is a trading platform for Indian traders that provides access to US perpetual futures, with localized support including INR deposits via UPI, KYC verification, and tax certificates. More about Mochatrade:https://www.rootdata.com/projects/detail/mochatrade?k=MjYxOTM%3D&nt=transparency_disclosure Source: https://www.theblock.co/news/deals/2026-10-26-y-combinator-mochatrade-funding-crypto-431775

[New M&A] ether.fi Acquires Zeal Wallet Zeal is a non-custodial smart contract wallet designed to bridge on-chain asset management with everyday payments. Built on Safe infrastructure, it allows account recovery via biometrics or Passkeys, eliminating the need for seed phrases. Zeal enables paying network gas fees with stablecoins and offers a virtual Visa debit card to convert crypto into fiat for daily spending. Built-in VPN and transaction preview features aim to enhance privacy and security. More about Zeal：https://www.rootdata.com/projects/detail/Zeal?k=MTAyMjM%3D Source: https://x.com/ether_fi/status/2113647301046788374

[New Fundraising] Orochi Network Raises $8 Million in Funding; Bolts Capital and Others Participate Orochi Network is a decentralized verifiable data infrastructure, with its core product being zkDatabase, a zero-knowledge proof database designed for Web3. What it does: it provides verifiable off-chain data storage and computation for on-chain applications, ensuring data integrity, availability, and privacy; it supports scenarios such as RWA, stablecoins, and on-chain credit, enabling smart contracts to verify off-chain data without trusting third parties. How to use: developers store and query data through the zkDatabase API, the system automatically generates zero-knowledge proofs, and on-chain contracts verify the proofs before using the data. Technical mechanism: it utilizes Merkle trees and zero-knowledge proofs (e.g., Groth16) for data commitment and validity proofs, and ensures network consistency through Orochi Consensus (asynchronous BFT) and Gossip DAG. More about Orochi Network：https://www.rootdata.com/projects/detail/Orochi%20Network?k=ODk4OA%3D%3D Source: https://orochi.network/blog/orochi-network-secures-additional-8-m-bringing-total-funding-to-20-m-to-power-verifiable-data-infrastructure-for-rwa

[Recent TGE Projects] In the past month, RootData has recorded the issuance of over 30 new tokens. Learn more about new tokens: https://www.rootdata.com/market?type=3

[New Fundraising] X Pay Raises $1 Million in Funding; Zerra Ventures and Others Participate X Pay is a payment infrastructure built on the x402 standard, providing payment, settlement, wallet, usage metering and other functions for AI Agents, APIs and SaaS. More about X Pay：https://www.rootdata.com/projects/detail/X%20Pay?k=MjYwMzI%3D Source: https://financewire.com/2026/10/22/x-pay-raises-1-million-to-expand-payment-infrastructure-for-ai-agents-and-apis/

[New Job Dynamics] In the past one month, RootData has recorded job changes for over 100 key individuals. Details: https://www.rootdata.com/people

[New Fundraising] Dataline raises $10.6 million for decentralized data network for AI agents, led by Lattice and Dispersion Capital Dataline is a decentralized data network for AI agents, offering a unified API across on-chain and off-chain sources including Hyperliquid, Polymarket and major DEXs. Each response carries a confidence score so agents can decide whether to trust the data before acting onchain, with pay-per-call access and related tooling. More about Dataline：https://www.rootdata.com/projects/detail/Dataline?k=MTQxMTE%3D Source: https://www.theblock.co/news/deals/2026-10-21-dataline-decentralized-data-network-ai-agents-funding-ico-421596

[New Fundraising] Peso Completes Pre-Seed Funding Round, Led by Tether Peso is a USD account app for Latin America, backed by Tether. Users open a dollar-denominated account with a national ID, buy dollars in Bolivia via QR, and pay with local methods in Argentina, Brazil, Bolivia, and Colombia. More about Peso：https://www.rootdata.com/projects/detail/Peso?k=MjYxNzE%3D Source: https://tether.io/news/tether-invests-in-peso-to-expand-usdt-payment-infrastructure-across-latin-america/

[New M&A] Standard Chartered Acquires Zodia Custody Zodia Custody is an institution-grade digital asset custodian backed by several banking institutions, focused on providing secure and compliant custody services for financial institutions. Its core capabilities include private key management using Hardware Security Module (HSM) cold storage, flexible multi-signature governance policies, and white-label custody technology through its Solutions offering, enabling institutions to operate within their own compliance frameworks. Its Interchange network supports trade settlement without assets leaving cold storage, separating trading from custody to reduce counterparty risk. More about Zodia Custody：https://www.rootdata.com/projects/detail/Zodia%20Custody?k=NzczNg%3D%3D Source: https://www.theblock.co/news/business/2026-10-21-standard-chartered-signs-definitive-agreements-to-acquire-zodia-custody-421535

[New Fundraising] Hylo closed a $1M strategic funding round Hylo is a decentralized stablecoin protocol on Solana, composed of two symbiotic tokens: hyUSD and xSOL. hyUSD is backed by liquid staking tokens (LSTs) as collateral, maintaining a 1:1 peg, while xSOL provides users with long-term leveraged exposure to SOL without liquidation risk. The protocol uses over-collateralization and arbitrage mechanisms to maintain stability, with all operations executed on-chain, requiring no trust in third parties. More about Hylo：https://www.rootdata.com/projects/detail/Hylo?k=MTk4NzY%3D Source: https://x.com/hylo_so/status/2112566110654804164?s=20

[New Fundraising] Mural Closes $15 Million Series A Funding Round Led by Tether Mural is a stablecoin-based global payment platform designed to provide businesses with faster, lower-cost cross-border fund management solutions. It supports the opening of multi-currency accounts, allowing users to deposit, convert, and pay funds via API or dashboard, enabling flexible interaction between fiat and stablecoins. The platform includes built-in transaction approval flows, tagging, and document management, and can integrate with existing finance or HR systems to streamline financial operations. More about Mural：https://www.rootdata.com/projects/detail/Mural?k=NTA4Mw%3D%3D Source:https://fortune.com/2026/10/20/mural-startup-former-palantir-engineers-15-million-bid-banks-bot-economy/

[New M&A] Balaji Srinivasan’s Network School is acquiring Farcaster from Neynar Farcaster is a decentralized social protocol that gives users full control over their identity and data. Users can post, comment, repost, and interact with external apps via Frames through clients such as Warpcast. Its mechanism: identities are registered on-chain, messages are stored on a decentralized network of Hubs, and CRDTs ensure data consistency. Developers can freely build clients or tools, and users can migrate data without permission, avoiding platform lock-in. More about Farcaster：https://www.rootdata.com/projects/detail/Farcaster?k=MjMxMw%3D%3D Source: https://www.theblock.co/news/ecosystems/2026-10-15-network-school-acquires-farcaster-from-neynar-418720

[New Fundraising] Spout has raised a $2m strategic round Spout Finance is a Solana-based lending protocol that allows users to deposit tokenized US equities as collateral to borrow stablecoins at 0% interest. The core mechanism involves the protocol automatically executing a covered call strategy on the collateral, distributing the generated option premiums to stablecoin lenders, thereby creating yield for lenders without charging borrowers interest. More about Spout：https://www.rootdata.com/projects/detail/Spout%20Finance?k=MjU1ODg%3D Source: https://x.com/SpoutFi/status/2110762677899526509?s=20

[New Fundraising] Multiliquid has raised $8 million across its pre-seed and seed rounds Multiliquid is a decentralized protocol enabling atomic swaps between tokenized real-world assets (RWAs) and stablecoins at Net Asset Value (NAV). It coordinates pricing, policy checks, and settlement via smart contracts, supporting multiple RWAs and stablecoins with whitelisting and permission controls for institutional compliance. More about Multiliquid：https://www.rootdata.com/projects/detail/Multiliquid?k=MTczNzE%3D Source: https://x.com/multiliquid_xyz/status/2110762624791290189

[New Fundraising] Tether Capital Makes a Strategic Investment in AIsa AIsa is a unified API gateway for AI agents, integrating model invocation, data access, and machine payments. It provides access to mainstream models like GPT, Claude, and Gemini via a single API key, along with 100+ data APIs covering search, finance, and social media. Its core mechanism is the x402 payment protocol, enabling pay-per-call transactions without human intervention. Developers can integrate quickly through OpenAI-compatible endpoints and manage budgets and usage via the console. More about AIsa：https://www.rootdata.com/projects/detail/Alsa?k=MTU4MDU%3D Source: https://tether.io/news/tether-invests-in-aisa-to-expand-its-push-into-ai-powered-payments-and-programmable-money/