RootData

[New Fundraising]EDGE Markets Completes $29.2 Million Series A Funding Round Led by CoinFund EDGE Markets is a prediction market infrastructure company that provides dedicated banking, payment processing, and settlement infrastructure for sports betting, iGaming, and CFTC-regulated prediction markets. More about EDGE Markets：  https://www.rootdata.com/projects/detail/EDGE%20Markets?k=MjQ3NTg%3D Source:  https://www.prnewswire.com/news-releases/edge-markets-raises-29-2-million-series-a-funding-round-302793671.html

[New Fundraising]Nova Markets Completes New Round of Funding, with Wintermute Ventures Among the Investors Nova Markets is an on-chain capital and prediction market infrastructure focused on bringing perpetual contracts and prediction markets onto the blockchain. More about Nova Markets：  https://www.rootdata.com/projects/detail/Nova%20Markets?k=MjQ3MjM%3D Source:  https://x.com/novadotmarkets/status/2062558954954322088

[New M&A]Cosmos Labs Acquires Mintscan Mintscan is the block explorer for networks based on Cosmos-SDK. More about Mintscan:  https://www.rootdata.com/projects/detail/Mintscan?k=Mzc0Mg%3D%3D Source： https://www.theblock.co/post/403652/cosmos-labs-acquires-mintscan-forms-korea-subsidiary

[New Fundraising]Hypernova raises $3 million in pre-seed funding. Hypernova is an on-chain proprietary trading protocol designed to provide a trustless proprietary trading experience through smart contract-based instant payments and fully verifiable execution logic. More about Hypernova： https://www.rootdata.com/projects/detail/Hypernova?k=MjQ2NDE%3D Source: https://www.theblock.co/post/402923/hyperliquid-prop-trading-platform-hypernova-crypto-funding

[New Fundraising]Otomato announce a $2M raise led by improbable. Otomato is a no-code Web3 automation protocol and DeFi smart assistant focused on helping users create, monitor, and automate on-chain behavior with ease. More about Otomato： https://www.rootdata.com/projects/detail/Otomato%20?k=MjI4NDU%3D Source: https://x.com/otomato_xyz/status/2059198373354463598?s=20

[New Fundraising] PopDEX completed a $30M funding round led by Foresight Ventures. PopDEX is a decentralized exchange focused on capital efficiency, trading experience, and returning platform value to true contributors. More about PopDEX： https://www.rootdata.com/projects/detail/PopDEX?k=MjQ2MTY%3D Source: https://x.com/popdex_/status/2057733271568716055?s=20

[New Fundraising] K25.ai received a $2 million investment from NewGenIVF Group. K25.ai is an AI-native live streaming and prediction platform that K25.ai integrates real-time content, creator communities, AI-assisted event generation, and prediction markets, transforming live streaming from a passive viewing experience into an interactive information marketplace. More about K25.ai： https://www.rootdata.com/projects/detail/K25ai?k=MjQ2MTQ%3D Source: https://www.techinasia.com/news/singapore-startup-k25-ai-lands-2m-from-nasdaq-firm

[New Fundraising] Jia announced a $3 million funding round led by Coinbase Venture, with participation from Stellar Development Foundation, A100x, TCG, and Hashed Emergent. Jia is an emerging DeFi platform that provides blockchain-based loans, investments, and ownership to businesses around the world. More about Jia： https://www.rootdata.com/projects/detail/Jia?k=MzE0Ng%3D%3D Source: https://www.thisweekinfintech.com/p/exclusive-tala-alumni-nab-3m-in-coinbase-led-round-to-fix-southeast-asia-s-sme-credit-crunch

[New Fundraising] HashKey Capital Fund Announces $40M Strategic Investment in SignalPlus SignalPlus is a leading institutional-grade infrastructure platform in the crypto derivatives space that focuses on option trading systems, automated market-making, and structured product solutions. Currently, the services provided by SignalPlus are deeply integrated into the mainstream crypto options markets and it holds a leading market share in Asia. More about SignalPlus： https://www.rootdata.com/projects/detail/SignalPlus?k=NDEzNA%3D%3D Source: https://www.prnewswire.com/news-releases/hashkey-capital-fund-announces-40m-strategic-investment-in-signalplus-302778025.html

[New Fundraising] TownSquare Completes Pre-A Round of Funding, Bringing Total Funding to $16.25 Million TownSquare is a decentralized leverage and income market powered by cross-chain currency markets and modular income library that brings leverage returns to each chain and each original on-chain asset. More about TownSquare：  https://www.rootdata.com/projects/detail/townsquare?k=MjAxMTU%3D Source:  https://x.com/TownSquarexyz/status/2057480430186827952?s=20

[New Fundraising] Foundation Raises $6.4 Million in Funding, Led by Fulgur Ventures Foundation Devices is a developer of Bitcoin-centric tools, with their flagship product being Passport - a $259 hardware wallet that uses a camera and QR codes for secure communication, instead of a USB or wireless connection to the outside world. Additionally, they have developed the Envoy mobile app, which helps users set up, maintain, and interact with their Passport wallet. More about Foundation Devices：  https://www.rootdata.com/projects/detail/Foundation%20Devices?k=NjEwNA%3D%3D Source:  https://www.theblock.co/post/402012/foundation-raises-6-4-million-expand-bitcoin-hardware-wallets-ai-agent-authorization?utm_source=browser

[New Fundraising] Cycles Raises $6.4 Million in Seed Funding, with Coinbase Ventures Among Investors Cycles is an open clearing protocol, a platform to clear the most debt for the most people with the least money. In contrast to existing payment systems focused solely on the transfer of assets, Cycles is focused instead on the clearing of debts by operating over the network of liabilities which underly all payments. Cycles enables businesses to easily and privately upload their obligations, connect their sources of liquidity, settle up, and save. Using the network of obligations as a foundation, Cycles provides a platform for new kinds of currencies, lending protocols, and issuance protocols to be integrated in a risk-reduced environment for the benefit of real-world commerce. More about Cycles：  https://www.rootdata.com/projects/detail/Cycles?k=MTE3MzI%3D Source:  https://techfundingnews.com/the-missing-piece-in-cryptos-financial-infrastructure-just-raised-6-4m-to-fill-the-gap/

[New Fundraising] Variational Closes $50 Million Series A Funding Round Led by Dragonfly Capital Variational is a crypto derivatives trading protocol based on Arbitrum. Its applications include Omni, a perpetual futures trading platform that allows traders to take leveraged long or short positions on any time series, with a special focus on newly launched tokens, baskets, yield/volatility perpetual contracts, and other new products. OLP is Omni's liquidity provider, which brings together liquidity from centralized and decentralized exchanges and over-the-counter trading platforms. The second application of Variational is Pro, a platform for institutional traders. More about Variational：  https://www.rootdata.com/projects/detail/Variational?k=NTc4Mg%3D%3D Source:  https://fortune.com/2026/05/20/variational-raises-50-million-series-a/

[New Fundraising] Catena Labs Raises $30 Million in Series A Funding, Led by a16z crypto and Acrew Capital Catena Labs is a Web3 product development company incubating independent products spanning identity, communications, artificial intelligence, and commerce. Products currently launched include developer API and component suite DecentKit, decentralized social network Duffle, and custom AI agent solution Friday. More about Catena Labs：  https://www.rootdata.com/projects/detail/Catena%20Labs?k=MTAxODM%3D Source:  https://fortune.com/2026/05/20/catena-labs-series-a-sean-neville-ai-native-bank/

[New Fundraising] Eisen Closes $10 Million Series A Funding Round Led by MissionOG Eisen is an AI-enabled compliance operations platform that proactively manages escheatment, disbursement, and 1099 reporting for all types of financial accounts. Financial institutions use Eisen's escheatment, disbursement, and outreach tools to streamline account offboarding while automating manual work and reducing risk of non-compliance. More about Eisen：  https://www.rootdata.com/projects/detail/Eisen?k=MjQ1OTI%3D Source:  https://fortune.com/2026/05/19/eisen-18-million-recover-funds-state-governments/

[New Fundraising] Ouinex has raised $3.5 million, bringing its total funding to $9 million Ouinex is a digital asset exchange; by prioritizing transparency, liquidity, and sophistication, Ouinex delivers an institutional-level trading experience for beginners and experts alike. More about Ouinex：  https://www.rootdata.com/projects/detail/Ouinex?k=ODE3MA%3D%3D Source:  https://www.forbes.com/sites/boazsobrado/2026/05/19/fish-in-a-tank-with-sharks-ouinex-hits-9m-to-kill-the-order-book/

[New Fundraising] Tomoland Secures $2 Million in Funding, Led by Sky9 Capital Tomoland is a mobile-first UGC platform that merges AI-powered creation, social interaction, and true IP ownership. By utilizing the BUD Create infrastructure, Tomoland empowers creators to turn their digital creations into their own economy. More about Tomoland：  https://www.rootdata.com/projects/detail/Tomoland?k=MjQ1ODY%3D Source:  https://www.globenewswire.com/news-release/2026/05/19/3297122/0/en/tomoland-raises-usd-2-million-to-bring-ai-powered-ugc-platform-to-web3-sells-out-blueprint-founder-pass-in-2-hours.html

[New Fundraising] AEON Closes $8 Million Pre-Seed Funding Round Led by YZi Labs AEON is the next-generation crypto payment framework, built for AI to drive intelligent, automated payments across Web3 and simplify how crypto works in real life. With omni-chain support, AEON's AI Payments system allows intelligent agents to manage and automate transactions, payments, subscriptions, and remittances for users. More about AEON：  https://www.rootdata.com/projects/detail/AEON?k=MTQ3MTA%3D Source:  https://www.theblock.co/post/401601/aeon-raises-8-million-yzi-labs

[New Fundraising] Nof1 Raises $15 Million in Funding, Co-Led by SUI Group and Karatage nof1 is an artificial intelligence research laboratory focusing on financial markets. Its Alpha Arena is a benchmark designed to measure artificial intelligence investing capabilities. Each model is played in the real market with $10,000 of real money and has the same tips and input data. More about Nof1：  https://www.rootdata.com/projects/detail/nof1?k=MjE5OTQ%3D Source:  https://www.coindesk.com/tech/2026/05/15/wall-street-is-starting-to-notice-one-of-crypto-s-smartest-ai-bets

[New M&A]General Tensor completes its acquisition of Backprop Finance Backprop Finance is the all-in-one trading hub for Bittensor. Support by Tensorplex Labs. More about Backprop Finance: https://www.rootdata.com/projects/detail/Backprop%20Finance?k=MTYyNzA%3D Source： https://markets.businessinsider.com/news/stocks/general-tensor-acquires-backprop-finance-assembling-the-financial-infrastructure-for-decentralized-ai-1036156031