Funding Weekly Report | 10 Public Funding Events, Sports Prediction Market Novig Completes $75 Million Series B Funding, Led by Pantera Capital
Highlights of the Current Period
According to incomplete statistics from PANews, there were 10 blockchain investment and financing events worldwide last week (2.16–2.22), with a total funding amount exceeding $143 million. The overview is as follows:
- DeFi announced 1 investment and financing event, with on-chain derivatives protocol MYX completing a strategic financing led by Consensys;
- Web3+AI track announced 1 investment and financing event, with Unicity Labs completing a $3 million seed round led by Blockchange Ventures;
- Infrastructure & Tools announced 3 investment and financing events, including digital wallet infrastructure Kresus Labs raising $13 million;
- Prediction Markets announced 3 investment and financing events, including sports prediction market Novig completing a $75 million Series B funding round led by Pantera Capital;
- Centralized Finance announced 2 investment and financing events, including Stake raising $31 million in Series B funding led by Emirates NBD Bank.
DeFi
MYX completes strategic financing led by Consensys
On-chain derivatives protocol MYX has completed a strategic financing round led by Consensys. Consensys Mesh and Systemic Ventures also participated, laying the groundwork for the launch of MYX V2. After this round, Consensys officially becomes MYX’s largest investor. The funds will be used to support the deployment of MYX’s modular derivatives settlement engine.
AI
Unicity Labs completes $3 million seed round, led by Blockchange Ventures
Independent internet protocol development company Unicity Labs announced the completion of a $3 million seed round, led by Blockchange Ventures, with participation from Middle Eastern telecom app Tawasal and early Web3 investor Outlier Ventures. The company plans to use the new funds to build peer-to-peer encrypted architecture, enabling autonomous AI agents to discover services, verify counterparties, and execute trades at machine speed without intermediaries or shared ledgers.
Saudi Humain invests $3 billion in xAI
Saudi-backed AI company Humain has invested $3 billion in Elon Musk’s AI startup xAI. The statement said Humain has become an “important minority shareholder” in xAI through this investment, which coincided with Musk’s space exploration company SpaceX’s acquisition of xAI. The shares held by Humain will be converted into SpaceX shares. This investment strengthens the connection between Musk and Humain. Founded last year, the company aims to make Saudi Arabia a leading AI nation. Both companies plan to develop a 500 MW data center in Saudi Arabia.
(Note: This financing event is not included in this week’s statistics.)
AI startup Temporal completes $300 million Series D funding, led by a16z
AI agent startup Temporal announced the completion of a $300 million Series D funding round, with a valuation of $5 billion. The round was led by Andreessen Horowitz (a16z), with participation from Lightspeed Venture Partners, Sapphire Ventures, and Sequoia Capital. The company states that this funding is not to chase a “hot AI trend,” but to build a platform to address reliability challenges faced by AI agents in complex, long-running processes. Current users include OpenAI, Snap, Netflix, and JPMorgan Chase.
(Note: This funding event is not included in this week’s statistics.)
Infrastructure & Tools
Digital wallet infrastructure Kresus Labs raises $13 million
Digital wallet infrastructure provider Kresus Labs announced the completion of $13 million (about 180 billion KRW) in funding, with Hanwha Investment & Securities participating. The new capital will be used to expand enterprise digital wallet infrastructure, real-world asset (RWA) tokenization platform, on-chain financial workflows, and to develop consumer and institutional digital asset tools, including wallet recovery technology and MPC-based security systems.
Monark Markets completes $8 million strategic round, led by F-Prime
Embedded API infrastructure Monark Markets announced the completion of an $8 million strategic round, led by F-Prime, with participation from Commerce Ventures, Grit Capital Partners, and BBAE Holdings. The company’s API infrastructure supports fintech platforms like Apex Fintech Solutions and Altruist Financial, enabling direct embedding of private market investments into existing client accounts, which can drive investment demand in private markets, including AI and blockchain.
Ubyx, a stablecoin settlement company, receives investment from AB Xelerate
Jordanian-headquartered Arab Bank’s fintech accelerator AB Xelerate announced an investment in stablecoin settlement company Ubyx. The specific amount was not disclosed. The new funds will support the development of a shared network allowing regulated financial institutions to issue, accept, and exchange digital currencies across multiple blockchains and jurisdictions, operating within regulatory and compliance frameworks. Previously, Ubyx was acquired by banking giant Barclays to explore tokenized currency development.
Centralized Finance
Stake raises $31 million in Series B, led by Emirates NBD
Digital real estate investment platform Stake raised $31 million in Series B funding. The round was led by Emirates NBD, with participation from Mubadala Investment Company, MEVP, Property Finder, STC NICE, Wa’ed Ventures, GFH Partners, and Ellington Properties. The funds will be used for AI, tokenization, and new product development. Stake’s total funding now includes $5 million in seed, $8 million in pre-Series A, $14 million in Series A, and $31 million in Series B, totaling $58 million.
Fintech firm Newity raises $11 million to tokenize small business loans
Newity, a fintech focused on small business lending, raised $11 million in a strategic round to explore bringing these loans onto the blockchain. The round was led by CMT Digital, a subsidiary of CMT Group, with participation from private and institutional investors. This is Newity’s first funding round, started in late 2024 and ending in December 2025, structured as a SAFE. Valuation details and investor seats are undisclosed.
Prediction Markets
Sports prediction platform Novig completes $75 million Series B, led by Pantera Capital
Novig, a sports event prediction platform, announced the completion of a $75 million Series B funding round led by Pantera Capital, with a valuation of $500 million. Co-founder Jacob Fortinsky said the company, founded in 2021, aims to create a user-friendly platform for modern bettors, emphasizing its peer-to-peer trading model. Novig is applying for CFTC licensing, expected within six months. Fortinsky noted that unlike Kalshi and Polymarket, Novig’s product design and branding are centered on sports, aligning more with typical sports fans.
Prediction trading platform PRED raises $2.5 million seed, led by Accel
PRED, a sports prediction trading platform, completed a $2.5 million seed round led by Accel, with participation from Coinbase Ventures’ Base Ecosystem Fund (BEF) and Reverie. Built on Base, PRED claims an execution speed of just 200 ms, making it closer to financial exchanges than traditional sports betting. The platform is currently in internal testing and operates on an invite-only registration.
Kalshi receives strategic investment from Tradeweb
Tradeweb Markets announced a strategic investment in prediction market operator Kalshi, acquiring a minority stake. Specific investment amounts and equity percentages were not disclosed. The partnership will integrate event-driven market data and explore new infrastructure for trading event contracts via Tradeweb’s electronic platform. Tradeweb plans to incorporate Kalshi’s real-time event probability data into its macro trading platforms, including UI, APIs, and data downloads, enabling institutional clients to directly reference prediction market probabilities within existing macro trading workflows.
DAT
Tharimmune officially renamed Canton Strategic and completes $55 million financing
Nasdaq-listed Canton Financial Holdings announced that Tharimmune has officially renamed itself Canton Strategic Holdings, with its stock ticker updated to “CNTN.” It becomes the first Nasdaq-listed company supported by the Canton Foundation. The previously announced $55 million registered stock offering has been completed, supporting the expansion of its Canton Coin-centered digital asset fund management strategy.
Ethereum treasury company Republic Technologies announces $3 million private placement
Canadian-listed Ethereum treasury company Republic Technologies announced a private placement of up to 14,087,000 special warrants at $0.21 each, raising $3 million. The company previously disclosed holding approximately 1,570.6 ETH, with an average purchase price of $2,700, and a current market value of about $3.2 million.