Canton developer Digital Asset completes $355 million funding round led by a16z crypto

In terms of financing scale and investor structure, institutional-grade financial infrastructure is gaining favor with capital. According to incomplete statistics from PANews, there were 7 investment and financing events in the global blockchain sector last week (June 8-14), with a total funding scale exceeding $582 million . An overview is as follows:

The DeFi sector announced three investment and financing events, including Morpho's $175 million funding round led by a16z Crypto, Paradigm, and Ribbit Capital.

In the infrastructure & tools sector, three investment and financing events were announced, including SignalPlus completing a $50 million Series B1 financing round at a valuation of $500 million, led by HashKey Capital;

One investment and financing event was announced in the Web3+AI sector: TradingRazor, an AI-native trading decision platform, completed a $1.5 million seed round of financing, led by OneBit Ventures and others.

Four equity acquisitions were announced, including Metaplanet's acquisition of Siiibo Securities, a licensed Japanese securities firm, for approximately US$13.12 million.

Crypto financial infrastructure company Morpho has raised $175 million in funding, led by a16z Crypto, Paradigm, and Ribbit Capital.

DeFi lending protocol Morpho announced the completion of a $175 million funding round, co-led by a16z crypto, Paradigm, and Ribbit Capital, with strategic investors including Apollo Global, VanEck, Circle Ventures, Ledger, and Cathay Innovation. Other participants included Variant, Wintermute Ventures, Prelude, IOSG Ventures, HashKey Capital, Bpifrance, and Mirana Ventures. The investment was priced based on Morpho's token price over the past month, valuing the company at up to approximately $2 billion. Morpho allows institutions to customize lending markets and risk parameters on-chain and has already attracted users from Coinbase, Kraken, Anchorage Digital, and Galaxy Digital. With a total value locked of approximately $6.6 billion, the protocol is accelerating its competition with traditional DeFi lending protocols like Aave and plans to further expand into high-yield DeFi asset allocation sought by traditional financial institutions.

MNX, a platform based on MegaETH, has raised $6.4 million in pre-seed funding, led by Village Global.

Decentralized futures exchange MNX has completed a $6.4 million pre-seed funding round, valuing the company at $40 million. The round was led by Village Global, with participation from Cambrian, North Island Ventures, and others. Built on the Ethereum Layer 2 network MegaETH, MNX plans to launch its mainnet this summer. It offers valuation futures, equity perpetual contracts, computing power perpetual contracts, and prediction markets related to the AI ​​economy, covering assets such as AI lab valuations, computing power and electricity prices, copper prices, and related public and private equity. The platform employs a 200-millisecond batch auction mechanism to reduce MEV and latency, and will introduce liquidity through a team-managed Hyperliquidity Provider-style liquidity vault. Its target users include technology professionals and crypto traders seeking AI exposure.

TVL Capital raises $5 million to launch on-chain structured products

Former traditional financial structured derivatives trader Lars announced the co-founding of TVL Capital and the completion of a $5 million funding round to launch on-chain structured products, Chain-Traded Products (CTPs), positioned as on-chain equivalents of ETPs. Lars, who previously priced alternative derivatives at BNP Paribas and Credit Suisse, stated that DeFi has yet to reconstruct tools comparable to traditional structured products. TVL aims to bring compliant, composable structured derivatives (institutional-grade yields and complex yield structures) on-chain, initially relying on traditional financial infrastructure, with long-term plans to create fully digital-native products.

Canton developer Digital Asset has raised $355 million in funding, led by a16z crypto.

Digital Asset, the developer of the Canton network, has completed a $355 million funding round led by a16z crypto, with investors including a subsidiary of the Abu Dhabi Investment Authority, Apollo Funds, BNP Paribas, Citadel Securities, CME Ventures, Coinbase Ventures, HSBC, S&P Global, SBI Group, SoFi, and Tradeweb. CEO Yuval Rooz stated that this was an equity funding round, with most of the institutions being potential Canton users. The funds will be used to accelerate collaborations with institutional partners, mergers and acquisitions, and participation in related projects. Canton is a public, permissionless Layer 1 blockchain for institutional finance, supporting privacy-configurable and asset tokenization workflows. The network has already supported the issuance of approximately $6 trillion in assets, and JPMorgan, DTCC, Visa, and others have deployed applications or participated in validation on it.

Prediction market-specific bank and payment infrastructure EDGE Markets has raised $29.2 million in Series A funding, led by CoinFund.

EDGE Markets announced the completion of a $29.2 million Series A funding round, led by CoinFund, with participation from Indicator Ventures, Mantis VC, Stepstone Group, Bullpen Capital, and others. The company will launch EDGE Pro, a high-throughput banking platform for prediction market makers, supporting real-time deposits to all CFTC-regulated exchanges through a single account. It also plans to apply for Introducing Broker and FCM licenses to enable post-settlement of multiple liquidity pools and access to third-party margin. Simultaneously, EDGE will launch EDGE Connect, a payment network designed specifically for compliant gaming and prediction markets, charging fees only on net new deposits within 24-48 hours, claiming to reduce payment processing costs by over 70%, and supporting 24/7 real-time deposits for users and operators via RTP. Its VISA debit card product, EDGE Boost, has processed over $2 billion in transactions in its first year.

AIPayWithCrypto raises $10 million, led by Animoca Brands.

AIPayWithCrypto announced the completion of its first round of strategic financing, raising $10 million. The round was led by Animoca Brands, with participation from Titans Ventures, Castrum Capital, Adaverse, and M2M Capital. In addition to the capital injection, the parties reached a deep strategic consensus to jointly build a future integrating AI and payments, and to improve infrastructure to serve global users and AI economic entities. The APC platform will present a brand-new AI+payment system to the market, solidifying its core competitiveness in the payment sector.

TradingRazor, an AI-native trading decision platform, has raised $1.5 million in seed funding, led by OneBit Ventures and others.

TradingRazor, an AI-native trading decision platform, announced the completion of a $1.5 million seed funding round led by OneBit Ventures, Gaea Ventures, and Blockin VC, with participation from a group of Web3 angel investors. The new funds will be used for product development and ecosystem growth to support on-chain fund flow tracking, market data aggregation, AI-driven trade modeling, and embedded risk management.

Figure will acquire AI-powered mortgage lending platform Kiavi for $717 million.

Blockchain financial platform Figure Technology Solutions has signed an agreement to acquire Kiavi, an AI-powered residential real estate lending platform, for a total transaction price of $717 million. A joint venture between Sixth Street and Figure will acquire Kiavi's balance sheet assets. Figure expects Kiavi to add over $7 billion in transaction volume annually. Following the transaction, Kiavi CEO Arvind Mohan will join Figure as Chief Commercial Officer.

Kiavi is reportedly an AI-driven residential real estate investment lending platform with annual loan disbursements exceeding $30 billion. Following the transaction, its residen