🚀veDAO Financing Daily News 11/23/2023

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【1】Privy

Amount: $18 million

Stages: Series A

Date: November 21

Investors: Paradigm, Sequoia Capital, Archetype, BlueYard Capital, Justin Waldron, Ben Leventhal, Dan Romero, James Prestwich, Tarun Chitra, Linda Xie, Patricio Worthalter, Cooper Turley

Category: Infrastructure, Developer Platform

Description: Privy is a simple Application Programming Interface (API) for managing users' off-chain data. It allows developers to associate real-world data to users' on-chain addresses, enabling them to manage and integrate users' sensitive data without directly processing their personal information, such as sending text messages or emails. Furthermore, KYC data can be taken on without storing it on your stack.

Additions: Privy raised $ 8.3 M in Seed round on April 21, 2022

Website：https://www.privy.io/

Twitter：https://twitter.com/privy_io

【2】Phoenix Group

Amount: $370 million

Stages: IPO

Date: November 21

Investors: Undisclosed

Category: Mining

Description: Phoenix Group manages 725MW across global mining facilities, with a presence spanning Canada, North America, CIS, and the UAE. Services provided encompass mining, hosting, and cooling, alongside investments in web3 technologies and regulated digital asset exchanges. It has recently added systematic trading to its diverse portfolio of businesses.

Website：https://phoenixgruopuae.com/

Twitter：https://twitter.com/phoenixgroupuae

【3】Zash

Amount: Undisclosed

Stages: M&A

Date: November 22

Investors: CoinGecko

Category: Infrastructure, Developer Platform, Blockchain APIs

Description: Zash is a blockchain indexer that provides enterprise-grade data accuracy. As a read-middleware for blockchain data, Zash's multi-chain NFT data API covers over 140k collections and 35+ marketplaces, automatically indexing across Ethereum, Solana, and BNB chains. Zash's data stack includes a simple API and SDK that give institutions the ability to build their own composable blockchain data solution from the ground up and launch faster with Zash's curated datasets. Zash uses advanced data science techniques to parse, label, and scale trades, collections, and marketplaces across all major blockchains. Zash's system converts the long mix of addresses and complex transactions on the chain into an easily understandable format, enabling users to make data-informed decisions.

Website：https://www.zash.sh/

Twitter：https://twitter.com/zash_api

【4】IntentX

Amount: $2.5 million

Stages: Seed round

Date: November 22

Investors: Magnus capital, Agnostic Fund, Coral DeFi, Contango Digital Assets, Prismatic Capital, MS2 Capital, Castle Capital

Category: Intent, DeFi, Derivatives, Perpetual Contracts

Description: IntentX is an intent-based, decentralized derivatives exchange offering perpetual futures trading. The platform leverages several cutting-edge technologies, including LayerZero, a cross-chain communication protocol, account abstraction, and a zero-to-one breakthrough Request for Quotation (RFQ) architecture that addresses critical challenges in delivering on-chain derivatives.

Website：https://intentx.io/

Twitter：https://twitter.com/IntentX\_

【5】Vistara

Amount: Undisclosed

Stages: Pre seed round

Date: November 22

Investors: D1 Ventures, f.actor, Mustafa Al-Bassam, Nick White, Chjango Unchained, Priyeshu Garg, Public Works, Vamient Capital

Category: Infrastructure, Modular Blockchain

Description: Vistara is a one-click rollup deployment framework for designing and managing scalable infrastructure. It takes under a minute to deploy a customizable rollup which makes it a seamless experience for any developer to compose, build, test, fail, iterate, and succeed.

Website：https://app.vistara.dev/

Twitter：https://twitter.com/vistaralabs