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Ripple wins over SEC

Edition #71 - 15 JUL 2023

Ripple wins verdict over SEC that XRP is not a security.

Great Crypto Industry Map which provides an overview of the crypto ecosystem. This report breaks down different verticals into subcategories, and lay out a few projects in each of them.

gaming developments

metaverses & AI

  • ​​Top 10 AI crypto trading bots to maximize your profits.

  • ​​Music digital collectibles protocol and market Sound xyz raised $20M in a Series A funding round led by Andreessen Horowitz (a16z crypto), with participation from PTC Crypto (Palm Tree Crew), A Capital, Sound Ventures, Coop Records, Collab+Currency, Scalar Capital, Coinbase Ventures, Snoop Dogg.

  • The company focused on building the Open Economy for AI Giza raised $3M in a Pre-seed funding round led by CoinFund, with participation from Arrington Capital, Starkware, LambdaClass, TA Ventures.

  • ​​AI-powered customer support for Web3 AwesomeQA raised $2.8M in a Seed funding round led by North Island Ventures, with participation from Coinbase Ventures, Uniswap Labs Ventures, Collab+Currency, Possible Ventures, Robot Ventures, Zero Knowledge Validator (ZKV), NxGen, Reverie.​​


  • ​​​​​​​​Ethereum-based DEX Ambient Finance (ex CrocSwap) raised $6.5M in a Seed funding round led by BlockTower Capital, with participation from Jane Street, Circle Ventures, Tensai Capital, Yunt Capital, Susa Ventures, Quantstamp, Hypotenuse Labs​​

  • ​​DEX on Arbitrum Aark Digital closed Seed funding round led by Delphi Digital, with participation from OKX Ventures (ex OKEx Blockdream Ventures), Big Brain Holdings, Keyrock. Amount raised is not disclosed.

  • ​​Decentralized lending platform lon Protocol raised $2M in a Pre-seed funding round led by Portal Ventures, SevenX Ventures, with participation from Bankless Ventures, Hash Capital, Foresight Ventures, Smrti Lab, Maelstrom, Breed VC, Everstake Capital, Punk DAO, Builder Capital, Picks and Shovels (Picks & Shovels).

funding rounds

  • ​​​​Web3 cybersecurity software company Olympix raised $4.3M in a Seed funding round led by Boldstart Ventures, with participation from Robot Ventures, Shrug Capital.

  • ​​Enterprise-grade liquid staking protocol Alluvial raised $12M in a Series A funding round led by Ethereal Ventures, Variant Fund, with participation from Brevan Howard Digital, Avon Ventures, Nascent, A Capital, Robot Ventures, Fenbushi Capital, IOSG Ventures, Blockdaemon Ventures, Road Capital, IOBC Capital, Figment, Aglaé Ventures, Credibly Neutral, Anagram, Notation Capital, Ambush Capital.

  • Layer 1 network Artela raised $6M in a Seed funding round led by Shima Capital, with participation from Ant Capital (a&t), Big Brain Holdings, SevenX Ventures, Dispersion Capital, Amino Capital.


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