BlockBeats News, May 20th, according to Cointelegraph, TON ecosystem DEX Tradoor announced the completion of a $3.2 million financing round, led by TON Ventures and Kenetic Capital, with participation from Sigil Fund, Protagonist, VentureSouq, T Fund, TONX, Re7 Capital, and BitsLab. The round also reportedly includes a $1.5 million token purchase commitment to support Tradoor's high-frequency trading roadmap on TON.

The new funds will support the launch of its token exchange and AI features, including text trading and social copy trading products.

BlockBeats News, May 16th, according to Chainwire, DeFi strategy platform XSY.fi has completed a $5 million Pre-Series A funding round, led by Protagonist and Borderless Capital, with participation from Paper Ventures, Chainview Capital, Blizzard the Avalanche Fund, Sonic Boom Ventures, and other strategic investors.

It has announced today the launch of the synthetic digital dollar Unity (UTY) on the Avalanche chain.

BlockBeats News, May 15th, according to Tech Funding News, the U.S. AI video platform Hedra has completed a $32 million Series A funding round. The round was led by a16z's Infrastructure Fund, with participation from Index Ventures, Abstract, and others, bringing the total funding to $43 million.

Hedra plans to expand its team to 60 people by the end of the year and upgrade its Character-3 model for enterprise AI video marketing scenarios. Hedra combines text, image, and audio inputs to generate high-quality digital characters, helping brands efficiently create realistic video content.

BlockBeats News, May 14th, according to Coindesk, KYD Labs has completed a $7 million seed round of funding, led by a16z Crypto. Specific funding details for this round have not been disclosed yet.

KYD Labs is a ticketing platform built on Solana, designed to empower artists and venues to control ticket sales, fan data, and revenue.

BlockBeats News, May 13th, reported by Blockworks, blockchain cloud service company Nirvana Labs has completed a $6 million seed extension round of financing, with Jump Crypto and Crucible Capital co-leading the investment, and RW3 Ventures, Castle Island, Hash3 VC, among others, participating.

It is reported that Nirvana Labs has developed Nirvana Cloud, which is a cloud infrastructure designed specifically for Web3.

BlockBeats News, May 12th, according to official sources, on-chain liquidity allocation protocol Turtle Club announced the completion of a $6.2 million seed round financing, with THEIA leading the round, and participation from Susquehanna (SIG), Laser Digital, Consensys, Selini, RE7 Capital, L2IV, Archimed Capital, Trident Digital, Bodhi Ventures, Shorewoods, Triton Liquid, AUROS Global, Chorus One, Frachtis, Moonhill Capital, Tulipa Capital, and others.

BlockBeats News, May 8th, Digital asset trading infrastructure provider GoQuant announced the completion of a $4 million seed round of financing, led by GSR. Other investors include Copper.co, Lombard Odier, Capital Union Bank, TYR Capital, and FRNT Financial.

GoQuant aims to build faster and more advanced digital asset trading infrastructure to meet institutional demands for speed, control, and transparency.

BlockBeats News, May 8th: At the Sonic Summit held in Vienna from May 6th to 8th, Sonic Labs announced the completion of a $10 million strategic financing in $S, led by the digital asset and data center infrastructure giant Galaxy.

This partnership will accelerate Sonic Labs' expansion in the U.S. market and provide key support for its DeFi ecosystem development. With over 1,300 institutional counterparties, Galaxy aims to bridge traditional finance with Sonic's high-performance blockchain infrastructure through this collaboration. Sonic Labs CEO Michael Kong stated that Galaxy's participation will bring important market insights and resources to the ecosystem.

As a high-performance EVM-compatible chain, Sonic's solution is attracting increasing attention from institutions seeking enterprise-grade blockchain services. This collaboration also reflects institutional confidence in blockchain technology transforming financial infrastructure.

About Galaxy: Galaxy (TSX: GLXY) is a global leader in digital assets and data center infrastructure, headquartered in New York, with businesses covering institutional trading, asset management, staking, and tokenization technology.

BlockBeats News, May 7th, according to Fortune magazine, Middle East digital asset startup Fuze has completed a $12.2 million Series A funding round, with Galaxy and e& capital co-leading, along with several other investors participating.

Reportedly, Fuze provides "Digital Assets as a Service" (DAaaS) infrastructure, helping banks, payment processors, fintech companies, and traditional businesses in the Middle East, North Africa (MENA), and Turkey regions offer compliant digital asset services to their customers. The company also operates an over-the-counter trading platform specifically designed to facilitate large-scale digital asset transactions.

BlockBeats News, May 6th, according to CoinDesk, IntoTheBlock and Trident Digital have announced a merger to form a new company, Sentora, aimed at bringing institutional investors into the on-chain world.

The new company is led by Anthony DeMartino, co-founder of Trident and former Head of Risk Strategy at Coinbase.

At the same time, Sentora has completed a $25 million new financing round, led by New Form Capital, with participation from Ripple, Tribe Capital, UDHC, and Joint Effects, among others. Strategic ecosystem investors such as Curved Ventures, Flare, and Bankai Ventures have also provided support.