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Projects Fundraising on RootData (Jun 15 - Jun 21) Last week, 8 blockchain companies/projects received funding. 💎 Trace Finance — Stablecoin payment infrastructure company, raised $32M in Series A by @coinfund, @cbventures, @HaunVentures & others. 💎 @eldoradoio — The Latin American cross-borders payment app, raised $9M in Series A by @paradigm, @cbventures & @VerdaVentures. 💎 @earnos_io — Digital advertising platform, raised $6M in Pre-Series A by @1kxnetwork, @cbventures, @circle_ventures & others. 💎 @renaissxyz — RWA liquidity infrastructure for real-world collectibles, raised $1.5M in seed round by @yzilabs, @gate_ventures, @hashglobal & others.
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Brazilian founders can’t stop building. Big congrats to our member @bebrites and the whole @FinanceTrace team on announcing their Series A. Trace Finance raised $32M in a round led by @coinfund, with participation from many founders from the ecosystem. We’ve been following and supporting Trace closely, including hosting a major stablecoin event with them in Rio earlier this year. Another huge milestone for Brazilian founders building global companies on Solana. Parabéns Bernardo and team. Keep pushing 🇧🇷
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Upbit, South Korea’s largest crypto exchange by domestic trading volume, will list Gensyn (AI) with KRW, BTC and USDT trading pairs, with trading set to begin at 16:00 Korea time on June 30. Gensyn is a decentralized AI compute network designed to connect distributed GPU resources worldwide and provide infrastructure for AI model training. The project has raised about USD 78 million, with backers including a16z crypto, Galaxy Digital and CoinFund.
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"Most importantly, merchant acquisition." Our CFO & partner @Chuck_PolyFlow at Payments by the Beach last night, the @POSX_Official side event that drew 200+ builders after @consensus2026 in Miami. PolyFlow joined the panel "Why connectivity, payments, and liquidity are converging" alongside @weroamxyz, @coinfund , and BLOXTrade. "The best way forward for mass adoption is going to be a combined effort of regulatory clarity, user experience improvement, business efficiency, and most importantly merchant acquisition." PolyFlow's PID and eco system are built for that last mile. Big thanks to @POSX_Official for hosting such a sharp evening. Follow PolyFlow to hear real insights, where the flow of ideas becomes the undercurrent that shapes future wealth. #PolyFlow# #PayFi# #Consensus2026# #MassAdoption# #Stablecoins# #POSX# #Roam# #CoinFund# #BLOXTrade#
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Payments by the Beach 🏖️ What a night in Miami! Even after @consensus2026, the energy was still unreal as more than 200 builders, founders, and crypto enthusiasts joined us for an unforgettable evening. Huge thanks to our incredible speakers from @weroamxyz, @Polyflow_PayFi, @ANUBISCHAIN_, @coinfund, and BLOXTrade for bringing valuable insights and making the panel discussions truly engaging. The vibes were unmatched all night. Great people, new connections, and an amazing community all coming together to build, collaborate, and celebrate the future of Web3 and payments. 🤝 Thank you for joining us and making the event such a memorable experience.
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