According to incomplete statistics from Odaily Planet Daily, from August 11 to 17, 2025, 11 financing events were disclosed in the global blockchain field, a slight decrease from 12 in the previous week; the total financing amount was approximately US$130 million, a slight increase from US$119 million in the previous week.

Highlights this week included blockchain identity verification platform 1Kosmos closing a $57 million Series B funding round, and Seattle gaming studio Neon Machine securing $19.5 million.

The following are specific financing events (Note: 1. Sorted by the size of the announced amount; 2. Excludes fund raising and M&A events; 3. * indicates companies in "traditional" fields whose businesses partially involve blockchain):

Kosmos, a blockchain-based identity verification platform, has secured $57 million in Series B funding, led by Forgepoint Capital and others.

On August 12, blockchain identity verification platform 1 Kosmos announced the completion of a $57 million Series B financing round, led by Forgepoint Capital and Origami’s Oquirrh Ventures, with participation from Carahsoft founder and president Craig Abod, NextEra Energy Ventures, Gula Tech Adventures, and the 1 Kosmos management team.

Game studio Neon Machine completes $19.5 million in funding, led by Gala Games

On August 13th, Seattle-based game studio Neon Machine announced the completion of a $19.5 million funding round, led by Gala Games with participation from Griffin Gaming Partners and Polychain Capital. The funds will support the global launch of its award-winning FPS game Shrapnel, as well as its plans for the Chinese market, where closed beta testing will begin in 2025 and open beta testing will begin in early 2026.

Transak completes $16 million financing, led by IDG Capital and Tether

On August 12, Web 3 payment infrastructure company Transak announced the completion of a new round of financing of US$16 million, led by IDG Capital and Tether, with participation from Primal Capital, 1kx, Protein Capital and Fuel Ventures. Transak plans to use this funding to expand its stablecoin payment stack and enter new markets.

Stablecoin protocol USD.AI completes $13 million Series A funding round, led by Framework Ventures

On August 14th, USD.AI, a stablecoin protocol providing credit for AI, completed a $13 million Series A funding round led by Framework Ventures, with participation from Bullish, Dragonfly, and Arbitrum. Developed by Permian Labs, USD.AI provides loans to AI companies using graphics processing unit (GPU) hardware as collateral. The on-chain system consists of USDai, a dollar-pegged token, and sUSDai, a yield-generating token backed by revenue-generating computing assets.

DeFi smart agent platform Almanak completes $8.45 million in financing, with participation from Delphi Labs and others

On August 17, Almanak, a DeFi intelligent agent platform, announced the completion of an $8.45 million funding round from investors including Delphi Labs, HashKey Capital, BanklessVC, NEAR Foundation, RockawayX, Matrix Partners, AppWorks, Sparkle VC, and Shima Capital. Almanak is reportedly developing an AI-powered decision-making framework for analyzing market patterns and managing risk to create and deploy automated financial strategies.

Hyperbeat completes $5.2 million seed round led by ether.fi Ventures and Electric Capital

On August 15, Hyperbeat, the native revenue layer of the Hyperliquid ecosystem, completed an oversubscribed seed round of financing of US$5.2 million. Ether.fi Ventures and Electric Capital co-led the investment, and Coinbase Ventures, Chapter One, Selini, Maelstrom, Anchorage Digital, and HyperCollective community supporters participated in the investment.

Kenyan Web 3 payment platform HoneyCoin completes $4.9 million in funding, led by Flourish Ventures

On August 13, Kenyan Web 3 payments platform HoneyCoin announced the completion of a $4.9 million funding round, led by Flourish Ventures. The funds will be used to expand operations, diversify its product line, and recruit senior executives. HoneyCoin founder David Nandwa founded the company in 2020 at the age of 19. The platform currently boasts over $150 million in monthly transaction volume, serving 350 corporate clients and hundreds of thousands of users. HoneyCoin offers instant or same-day settlement through a stablecoin-compatible platform, supports operations in 45 countries, and has partnered with institutions such as MoneyGram, UBA Bank, and Stripe.

HackQuest announces $4.1 million in Pre-A funding, led by Animoca Brands and Open Campus

On August 11, HackQuest, a Web 3 developer education platform, announced the completion of a $4.1 million Pre-A Series A funding round, co-led by Animoca Brands and Open Campus. Participants included Gate Ventures, Hash Global, HashKey Capital, Bytetrade Labs, StepN, Outlier Ventures, and several angel investors, including Public Works founder Scott Moore, Signum Capital partner YY, Outlier Ventures ecosystem lead Riccardo, and Jambo co-founder James.

Blockchain payment company Riva completes $3 million seed round of financing, led by Project A and participated by JP Morgan

On August 12, payments company Riva Money announced the completion of a $3 million seed funding round led by Project A, with participation from individual investors including Revolut, Monzo, and JP Morgan. Riva leverages blockchain technology and stablecoins to optimize cross-border payment processes, addressing pain points such as high costs and slow settlement times in existing systems while offering more favorable exchange rates. Co-founded by former Revolut and Wise executives Niklas Hoejman and Mahendra Katoch, the company is applying for UK and EU payment institution authorizations, as well as MICA and VASP licenses, to facilitate global regulatory expansion.

DeAgentAI Completes New Round of Financing, Momentum Joins

On August 14, the decentralized AI infrastructure project DeAgentAI announced the completion of a new round of strategic financing, with participation from Momentum, a leading DEX in the Sui ecosystem. The two parties will carry out in-depth cooperation around AI Infra construction, ecological collaboration, and scenario implementation, and continue to promote the large-scale application of AI Agent in the Sui ecosystem.

Mesh completes a new round of financing with participation from PayPal Ventures and others, bringing the total financing to over US$130 million to date

On August 14, crypto payment infrastructure company Mesh announced the completion of a new round of financing. The specific amount has not been disclosed. PayPal Ventures, Coinbase Ventures, Uphold, ByBit, SBI Japan, Overlook Ventures, Kingsway Capital, Moderne Ventures and CE-Ventures participated in the investment. As of now, its total financing has exceeded US$130 million.