📬 Inbox Dump #32

Hello Defiers! Welcome to Inbox Dump where we include the updates and announcements that flood our DMs each week and didn’t make it to The Defiant’s content platforms. Sometimes announcements here didn’t meet the bar to become a news story, sometimes they ...

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Hello Defiers! Welcome to Inbox Dump where we include the updates and announcements that flood our DMs each week and didn’t make it to The Defiant’s content platforms. Sometimes announcements here didn’t meet the bar to become a news story, sometimes they may have slipped through the cracks, or they came late and we haven’t had a chance to cover.

At The Defiant we cover the most important DeFi-related news and developments but we know many of you are hunting for projects before they are fully developed and before they are newsworthy. Our goal with this installment of the newsletter is to help you find them. Look at this as the starting point to DYOR.

We also include a compilation of DeFi and crypto funding rounds in the past week so you have these in one handy place.

Keep in mind these have been unedited. With that —here we go!

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Inbox Dump!

✉️ Synonym Launches the Architecture for a Self-Sovereign Economy

British Virgin Islands, 16 November 2021, 21:00 UTC - Synonym Software Ltd (Synonym), a company founded with the goal of bringing self-ownership and control to the digital asset ecosystem by creating an open and free web of trust has officially launched today.

✉️ Project TEN offers combined solution for crypto anti-money laundering (AML), trade surveillance, Travel Rule compliance

SAN FRANCISCO / AUSTIN, Texas / NEW YORK, Nov. 15, 2021 - Three market leaders in the global digital asset regulatory and compliance space have formed a partnership to create a one-stop solution for firms across the digital asset ecosystem, solving for cryptocurrency anti-money laundering (AML), trade surveillance, as well as Travel Rule compliance for Virtual Asset Service Providers (VASPs.)

✉️ Maple Finance launches the first DeFi Syndicated Loan with Alameda Research

18 November 2021: Today, Maple Finance has launched an on-chain vehicle for Alameda Research, the $30 billion dollar quantitative trading firm, to syndicate loans directly from accredited institutional investors around the world.

✉️ Bacon Protocol Mints First Home Mortgages as NFTs

SAN FRANCISCO, NOV 17, 2021 Bacon Protocol (https://www.baconcoin.com/), a decentralized platform that allows private investors to participate in the growing housing market, announced today it has minted four home mortgages as NFTs. The Bacon Protocol NFT mortgage provides homeowners with a better option when it comes to loans, offering flexible and competitive rates, as well as faster refinancing options, melding the traditional lending market with the speed and security of blockchain.

✉️ Mintable Set to Become World’s Largest NFT Marketplace with Tens of Millions of NFTs Now Listed

SINGAPORE — 16 November 2021 — Mintable, a serious contender in the NFT space, has released groundbreaking new features that are set to trailblaze new ways of buying and collecting NFTs for existing collectors and newcomers to the ecosystem. As of press time, every single NFT minted on the Ethereum blockchain to date will be available on Mintable, and users will be able to leave comments on the platform to better engage with its community. With this breakthrough development, Mintable is set to become the leading marketplace to browse and buy NFTs, where users who are new to crypto but want to buy NFTs can do so with a credit card. To date, Mintable has now added an additional 30 million NFTs onto its marketplace.

✉️ MAINBOT LAUNCHES THE FIRST GLOBAL EDUCATION GAMES METAVERSE WITH ITS OWN CRYPTOCURRENCY AND NFTS.

The French start-up Mainbot announces the creation of The First Global Education Games Metaverse - The Winkyverse - to teach new technologies to children and their families. The Winkyverse will rely on blockchain technology and will have its own cryptocurrency: The Winkies. It is offered to the public through an ICO since October 25th.

✉️ Acclaimed Sci/Fi Concept Artist Ben Mauro Debuts Graphic Novel Universe: Huxley

OCTOBER 25, 2021 - Ben Mauro, senior concept artist for the widely anticipated Halo Infinite title, is releasing a fully-fledged universe of his own, entitled Huxley. A six issue graphic novel saga a decade in the making, the series will be available in both NFT and physical forms and hosted alongside other signature collectibles on a direct-to-community platform powered by Feature.

✉️ MetaMask Surpasses 21 Million MAUs as ConsenSys Raises $200 Million to Make Web3 Universally Easy to Use, Access, and Build On

New York, NY, November 17, 2021 — Today, ConsenSysannounced the close of a $200 million USD financing round, bringing its valuation to $3.2 billion USD. New investors Marshall Wace, Third Point, ParaFi Capital, and Think Investments contributed to the round alongside new partners that include Dragonfly Capital, Electric Capital, Spartan Group, DeFiance Capital, Animoca Brands, Coinbase Ventures, and HSBC. Sullivan & Cromwell LLP acted as ConsenSys’ legal advisor in this transaction.

✉️ Creative team behind Next Gen creates an intergalactic-themed NFT project

London, 18th November 2021 A new collection of 3,333 NFTs, entitled SPACE BUGS, is being launched on Saturday 20thth November 2021 at 06:00 EST to people on the White List, and to the public on Sunday 21st at 07:00 EST, by the creative team behind the award-winning Netflix hit Next Gen.

✉️ SingularityDAO Launchpad’s debut project, NuNet, closes 2mln USD sale in 90 seconds.

SingularityDAO, November 18th, 2021: SingularityDAO, the first DeFi project that uses sophisticated machine learning in token markets has concluded its debut sale on Launchpad, the newest feature of its emerging AI DeFi ecosystem. The sale concluded yesterday, with an impressive 2mln collected in less than 1minute 30seconds for the SingularityNET ecosystem’s Decentralized Compute project, Nunet.

✉️ Boson Protocol Launches Boson Portal And Heralds A New Dawn For Metaverse Commerce

London – 18 November 2021 — Boson Protocol, the decentralized commerce protocol that enables products, services and experiences to be sold as NFTs in the metaverse, has launched Boson Portal, a unique brand experience located in Decentraland – a blockchain-powered metaverse. This pioneering virtual lifestyle, commerce and cultural playground enables brands, artists, and creators to buy and sell physical goods as NFTs in the metaverse. In a world first, customers will be able to choose to receive their items at home or collect them in-store, eliminating the barriers between digital and physical.

✉️ Dash Integrated with TRM Labs to Expand Anti-Financial Crime Monitoring Capability

San Francisco — November 18, 2021 – Dash, a payments-focused cryptocurrency featuring instant transactions and low transaction fees, has been integrated with TRM labs, a leading blockchain analytics provider, to enable anti-financial crime monitoring of transactions conducted in Dash.

✉️ Circle Selects Clearwater for Portfolio Data Services

BOISE, Idaho, Nov. 16, 2021 /PRNewswire/ -- Clearwater Analytics (NYSE: CWAN), a leading provider of SaaS-based investment accounting, reporting, and analytics solutions, announced today that Circle Internet Financial, LLC has selected Clearwater to provide clarity, consistency and transparency in the reserves reporting process for USD Coin (USDC).

✉️ YIELD App partners with DeFi risk analysis pioneer Credmark

Leading digital wealth management platform YIELD App is thrilled to announce it is partnering with Credmark, a decentralized risk modeling platform that leverages the data provided by platforms and protocols across the industry in order to generate high integrity, verifiable DeFi risk models.

✉️ THE “ROSS ULBRICHT COLLECTION” NFT AUCTION LAUNCHES AT ART BASEL ON DEC. 2, 2021

On October 1, 2021, Ross Ulbricht began his 9th year of life without parole. A first-time offender, Ross is condemned to die in prison for his role in an e-commerce website called Silk Road. His trial charges were nonviolent, and he was never prosecuted for causing harm or bodily injury. Bitcoin was the only means of exchange on the Silk Road platform, and devotees of Bitcoin and other cryptocurrencies recognize Silk Road as being an original catalyst for blockchain adoption.

✉️ Cryptio Launches New Version of Crypto Accounting Software Platform

PARIS, LONDON, November 15, 2021 | Cryptio, a leading crypto accounting software provider, has today launched Ionic – the enterprise grade update to its crypto accounting software platform, empowering businesses and institutions in crypto to merge complex on-chain activity with their general ledger. Financial service providers – such as accountants, auditors, and fund administrators – are seeking clarity on the tax treatment of crypto assets under increasing regulatory pressure, but they are also facing a huge technical challenge of importing, indexing and categorising crypto transactions into their current accounting systems.

✉️ Alphagreen Group Accelerates Its Aggregator Strategy With Launch of NUOPTIMA Amazon Management Services

LONDON,November 9, 2021(Newswire.com) -Next-gen Health and Wellness e-commerce platform Alphagreen Group has added another asset to its growth and incubation service arm NUOPTIMA. Wellness brands can now access NUOPTIMA's extensive experience in scaling strategies across the Amazon marketplaces.

✉️ Jump Trading Takes the Leap with VAST Data to Accelerate Its Research Pipelines

NEW YORK – November 16, 2021 – VAST Data, the storage software company breaking decades-old tradeoffs, today announced that Jump Trading Group (“Jump”) selected VAST’s highly performant, low-latency Universal Storage as the foundation to its high-performance computing (HPC) cloud infrastructure. As a global research-based trading firm, the team at Jump includes some of the world’s leading quants, technologists and researchers that are committed to using the best technology to innovate and push scientific breakthroughs in the field of algorithmic trading.

Funding

💰Upgrade Raises $280 Million at $6 Billion Valuation

San Francisco - November 16, 2021- Upgrade, Inc., a fintech company that offers affordable and responsible credit and mobile banking to mainstream consumers, today announced that it raised a $280 million Series F round at a $6 billion pre-money valuation. The round was led by Coatue Management and DST Global. Dragoneer Investment Group and existing investors including Gopher Asset Management, G-Squared, Koch Disruptive Technologies, Old Well Partners, Ribbit Capital, Sands Capital, Ventura Capital and Vy Capital also participated in the round.

💰 Three Arrows Capital, Sequoia Capital India, Galaxy Digital, and DeFiance Capital Invest in pSTAKE to Advance the Liquid Staking Ecosystem

Singapore — 16 November 2021 -pSTAKE, the liquid staking protocol from Persistence, has closed USD $10 million in a strategic funding round, led by Three Arrows Capital, Galaxy Digital, Sequoia Capital India, and DeFiance Capital.

💰 DegenSwap.io Raises $3 Million to Launch Cross-Chain Aggregator Umbrella; Token Price Soars 4,200%

San Francisco -- November 19, 2021 at 8 AM EST DegenSwap (http://degenswap.io), powered by Atom Foundation (http://atom.foundation), the group behind multiple brilliant DeFi liquidity solutions, today announced the successful US $3 Million raise via an initial launch on DynamicSwap (http://dynamicswap.exchange); the launch brought participating investors a 42X on their initial investment. A single-click, cross-chain aggregator umbrella, DegenSwap is backed by high-profile investors including Michael Terpin of BitAngels, and notable venture capital groups such as Moonwhale, Draper Venture Network, MeXC, Interstellar Digital, Maven Ventures, Mantra DAO and more.

💰 Solana DeFi Futures Protocol Cypher Raises $2.1 Million Seed Round

Cypher today announced $2.1 million in seed funding to build out its protocol, which runs atop the Solana blockchain and is powered by decentralized exchange Serum's order book. The round was led by Sino Global Capital, SkyVision Capital, and Blockwall Capital, all of which will be able to convert their investments into yet-to-be-minted tokens. The venture firms will thus have a significant stake in the protocol when it transitions to a decentralized autonomous organization, or DAO, as it plans to eventually do.

💰 Valkyrie to Launch $100M ‘On-Chain DeFi Fund’

Crypto asset manager Valkyrie Investments will launch a decentralized finance (DeFi) fund next week with $100 million behind it, designed to give investors safe and easy exposure to the fast-growing industry. Valkyrie Investments last month received the blessing of the U.S. Securities and Exchange Commission (SEC) to launch a bitcoin futures exchange-traded fund (ETF). By adding a DeFi fund, Valkyrie joins the likes of Galaxy Digital, which recently launched a DeFi tracker fund.

💰 Crypto startup Gemini valued at over $7 bln after latest fundraise

Nov 18 (Reuters) - Gemini said on Thursday it had raised $400 million in a funding round led by hedge fund Morgan Creek Digital that valued the startup at $7.1 billion, becoming the latest crypto company to have raised money at high valuation in recent months.

💰 HSBC joins $200m funding round for ConsenSys

HSBC has joined a $200 million funding round for ConsenSys that values the blockchain software engineering firm at $3.2 billion. Marshall Wace, Third Point, ParaFi Capital, Think Investments, Dragonfly Capital, Electric Capital, Spartan Group, DeFiance Capital, Animoca Brands, and Coinbase Ventures joined the round.

💰 London-based borderless DeFi trading platform Kibo Finance closes $1.5M seed funding

London-based Kibo Finance is the first borderless DeFi options trading platform that offers virtually any underlying asset, including Cryptocurrency, Gold, and Stocks. In a recent development, the company just announced that it has closed $1.5 million (nearly £1.1 million) in a seed funding round.

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