🚀veDAO Financing Daily News 07/18/2023

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【1】Echooo Wallet

Amount: $15 million

Stages: Undisclosed

Date: July 17

Investors: A&T Capital, Skyview Capital

Category: Infrastructure, Wallet, Account Abstraction

Description: Echooo Wallet is the next generation smart contract wallet powered by ERC-4337, combine MPC & AI Technology. Echooo wallet is self-custody and seedless which provides bulletproof security for users' assets by implementing industry-leading MPC, Multi-Sig and Social Recovery etc. mechanism.

Website：https://www.echooo.xyz/

Twitter：https://twitter.com/echooo_wallet

【2】Ethena

Amount: $6 million

Stages: Seed round

Date: July 17

Investors: Dragonfly, Deribit, OKX Ventures, Huobi Ventures, Gemini Frontier Fund, Bybit, Maelstrom Capital

Category: DeFi, Stablecoin protocols

Description: Ethena is building derivative infrastructure to enable Ethereum to transform into the Global Internet Bond via delta-neutral positions on stETH, to create the first crypto-native, yield bearing stablecoin: USDE.

Website：https://www.ethena.fi/

Twitter：https://twitter.com/ethena_labs

【3】Karta

Amount: $1.1 million

Stages: Seed round

Date: July 17

Investors: GameTech Ventures, Toikido, Amy Thomson, Charlie Greenwood, Robert Wigley, Ste Thompson, Big Ideas Group

Category: Game, Metaverse, Music

Description: Karta makes the metaverse accessible and effective for musicians, brands and sports rights-holders. In just two years, the studio has delivered a number of successful projects on Roblox, Fortnite and Decentraland for the likes of Amazon Music, Unilever’s Sunsilk and most recently K-pop megastar girl group TWICE.

Website：https://www.karta.game/

LinkedIn：https://www.linkedin.com/company/kartacreative

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