BlockBeats News, September 17th, Blockchain infrastructure platform Openverse announced the completion of an $8 million strategic Series B funding round, with investors including Bright Capital, KC International, Innovation Engine, Go2Mars Labs, Becker Ventures, Gaea Ventures, etc.

Openverse is developing the next-generation Layer0 Value Internet, focusing on seamless cross-chain interoperability, RWA standardization framework, multi-chain native payments, and Bitgold (BTG) value pegging.

BlockBeats News, September 17th, African fintech company Kredete announced the completion of a $22 million Series A funding round, led by AfricInvest through its Cathay AfricInvest Innovation Fund (CAIF) and Financial Inclusion Vehicle (FIVE), with participation from Partech and follow-on investment from Polymorphic Capital.

Kredete is committed to helping African immigrants improve their credit records through stablecoin payments and credit-building services, and plans to expand to the Canadian, UK, and European markets. The company will launch Africa's first stablecoin credit card, rental credit reports, credit savings plans, and other new features, and build a banking and wallet aggregation API covering 41 countries to facilitate secure, low-cost cross-border payments for businesses.

BlockBeats News, September 17th, L1 network Mavryk Network announced the completion of a $10 million financing round, led by MultiBank Group.

Mavryk Network will expand its Real World Asset (RWA) tokenization initiative by tokenizing real estate in the United Arab Emirates worth over $10 billion through MultiBank's RWA platform.

BlockBeats News, September 17th, Superform Labs announced a $1.4 million community round financing through the Echo platform, led by Polymer Pals, with participation from Tea Club and Tachyon.

Superform is a permissionless cross-chain yield market that allows DeFi protocols to list their treasuries or asset pools, where crypto users can deposit funds into these treasuries and earn yields. (Chainwire)

BlockBeats News, September 17th - Bitcoin mining and AI data center developer Soluna announced a credit agreement with Generate Capital for up to $100 million, with an initial drawdown of $12.6 million and an annual interest rate of approximately 15%.

The funds will be used for the refinancing and construction of the Texas Project Dorothy data center. Soluna has previously raised over $30 million from Galaxy Digital, Spring Lane Capital, and others. (TheMinerMag)

BlockBeats News, September 17th, According to official sources, Web3 smartphonemaker Nothing announced that it has completed a $200 million Series C funding round at a $1.3 billion valuation. The round was led by Tiger Global, with participation from GV, Highland Europe, EQT, Latitude, I2BF, and Tapestry, among other existing investors. This new funding round brings Nothing's total funding to over $450 million, and the company plans to launch its first batch of AI-native devices next year.

BlockBeats previously reported that in July 2023, Polygon collaborated with tech startup Nothing to integrate Polygon's technology into the company's smartphonemodel Nothing Phone (1).

BlockBeats News, September 16th, according to official sources, Web 3 Intent Resolver Coordination Layer Epoch Protocol announced the completion of a $1.2 million Pre-Seed funding round, with L2 Iterative Ventures, Alphemy Capital, G20 Group, LongHash Ventures, Safe, and multiple angel investors participating.

Epoch is committed to building an Intent Coordination Layer to simplify the Web 3 experience, transforming fragmented chains, tokens, and protocols into a seamlessly connected intent-driven interaction.

BlockBeats News, September 16th, according to Bloomberg, SC Ventures, the venture capital arm of Standard Chartered Bank, plans to soon launch a fundraising campaign to establish a $2.5 billion fund, focusing on investing in digital assets in the financial services sector. The fund is planned to launch next year, will receive support from Middle Eastern investors, and will focus on global investments. Additionally, the department also plans to establish a $1 billion Africa investment fund and is considering launching its first risk debt fund.

BlockBeats News, September 15th, according to stocktitan, Helius Medical Technologies (NASDAQ: HSDT) announced a significant strategic transformation, transitioning to a SOL Treasury company through a over $500 million private investment. This PIPE (Private Investment in Public Equity), led by Pantera Capital and Summer Capital, has been oversubscribed, involving the sale of common stock at $6.881 per share and accompanying warrants at $10.134 per unit, with a potential raise of over $1.25 billion when all warrants are exercised.

The company will use the raised funds to implement a digital asset treasury strategy, focusing on acquiring Solana's native cryptocurrency SOL as its primary reserve asset. This initiative leverages Solana's position as the fastest-growing blockchain.

The transaction is expected to be completed around September 18, 2025, with the newly appointed leadership team including Joseph Chee as Director and CEO, Cosmo Jiang as a Board Observer, and Dan Morehead as a Strategic Advisor.

BlockBeats News, September 15th, according to techinasia report, Saison Capital, the venture capital arm of Japan's Credit Saison, announced the establishment of a blockchain-focused investment fund named Onigiri Capital with an initial target size of $50 million.

The fund has currently received $35 million in funding commitments and will focus on investing in early-stage startups developing real-world asset (RWA) solutions such as stablecoins, payments, asset tokenization, DeFi, and financial market infrastructure.

Onigiri Capital is co-led by Qin En Looi and Hans de Back, both of whom possess extensive experience in fintech and digital asset investment across Asia. The fund plans to leverage Credit Saison's network resources in Japan, South Korea, Singapore, Malaysia, Indonesia, and the Philippines to build a bridge between U.S. startups and the Asian cryptocurrency community and financial institutions.