Venture Trotter Weekly Review: Week Ending April 28, 2023

Ruceto tracked over $138 million in institutional investments into crypto or web3 companies last week. Covered investments include Izumi, Thetanuts, Fetch.ai, Giddy, Flappy Moonbird, Aki Protocol, and various others.

Links to the target company website, investment announcement, and token info are provided via hyperlinks on the Target Name, $ Raised, and Token columns respectively.

Target Name $ Raised Lead Investors Description Token
SBI Holdings, SC Ventures
A cryptoasset custodian for institutional investors
Unicode Digital, NextGen Digital Venture, Bella Protocol and Incuba Alpha, among others
iZUMi Finance is a multi-chain DeFi protocol providing “One-Stop Liquidity as a Service”
Polychain Capital
A DeFi platform that provides treasury management for DAOs and enables traders earn yields. It simplifies options trading through its vaults, enabling risk-adjusted monetization of volatility
Bitget
An AI-driven platform for decentralized organizations and smart markets that offers open source technology for creating various applications and services
FET
Sequoia Capital, Polygon Ventures, Liberty City Ventures, Kingsway Capital, GameFi Ventures, Shima Capital
A platform that offers a library of content created by educators worldwide and allows users to create and customize their own activities
Pelion Venture Partners, Clarke Capital, Peak Capital
A self-custody smart wallet that grants users the ability to access DeFi via its mobile application
Coinbase Ventures, S&P Global Ratings
Builder of infrastructure for credit markets that uses a zero-knowledge environment, enabling real-time risk validation metrics and allows for secure and efficient access to credit
Framework Ventures
A decentralized marketplace that provides fair payment-for-order-flow to digital market participants, ensuring safe monetization and execution
The Spartan Group
A decentralized protocol that enables seamless communication and liquidity movement between different blockchains, providing permissionless liquidity and access to apps and assets across multiple chains
Stillmark
A Lightning Network protocol built on top of Bitcoin, providing fast and cheap transactions, data compression and a professionalized version of the ThunderHub platform
Qiming Venture Partners, Hash Global, 500 Global, Skyland Ventures
A platform for digital asset trading that offers smart contract-based trading, token issuance, and tokenization
SINO Global Capital, Polymorphic Capital
A Web-e enabled platform that streamlines and automates payroll and compliance operations for businesses and decentralized organizations
Cherubic Ventures
A blockchain-powered CRM platform for Web3 projects
Spartan Capital, Newman Capital, Modular Capital, Cogitent Ventures, BlockBuilders and various others
An NFT futures exchange that offers a gamified experience for users to trade NFT perpetual futures with leverage
FBG Capital
A bird-themed casual game with multiple playgrounds and arenas that offer diverse gameplay
FMB
Arcane Group
A platform that seeks to empower emerging talents in the music industry by providing a space for growth and exposure, featuring a collection of unique NFTs
AppWorks
A DeFi asset management platform that uses smart contracts to manage users' funds and offer a range of risk strategies for flexible wealth management
Emoote, Mask Network
An open-source blockchain protocol that offers an infrastructure of information flow
AKI

iZUMi Finance is a multichain DeFi protocol that offers “One-Stop Liquidity as a Service” through its’ 3 main products 1)iZiSwap: a Discretized-Liquidity-AMM (“DL-AMM”) that enables liquidity to be precisely distributed on fixed prices rather than price ranges for Web3 assets. 2) LiquidBox: enables the creation liquidity incentives by providing token rewards for liquidity miners who stake enough tokens to reach the value range determined by the project owner. 3) iZUMi Bonds: users provide on-chain funds and receive bond certificates in the form of iUSD, a USD stablecoin. iZUMi has two tokens, iZi and veiZi. iZi is the utility token, which can be staked to earn the governance token of the platform, veiZi.

Thetanuts Finance is a DeFi protocol offering structured products for diversified yield generated from options trading. Deposited user assets are collateralized, and option contracts are sold to market makers in return for option premiums.

Fetch.ai is an Artificial Intelligence powered decentralized platform that utilizes blockchain and smart contracts to facilitate the development of automated services. Fetch.ai has created a unique agent-based technology to rapidly develop micro automations, provide AI-based collective learning and enable users to create their own rules. The FET token is the native currency of the Fetch.ai ecosystem, and holders of FET can earn semi-passive income from staking and contributing to the Fetch network’s operations.

FlappyMoonbird is a free-to-play metaverse game which has multiple bird themed playgrounds and arenas. FlappyMoonbird has a utility and governance token, FMB, which can be earned through the game, staking the Flappy Nest and Genesis Birds NFTs earned in-game, staking FMB, and providing liquidity for FMB.

Aki is an open-source blockchain marketing platform that aims to make web3 project information universally accessible. AKI, the platform’s utility token, is used as payment and settlement between participants who interact within the ecosystem. Participants can earn AKI as a reward based on their marketing performance.

What’s happening at Ruceto

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Disclaimer: The content presented is for informational purposes only and does not constitute financial, investment, tax, legal, or professional advice. Nothing contained in this report is a direct or indirect recommendation or suggestion to buy, sell, make, or hold any investment, loan, commodity, or security, or to undertake any investment or trading strategy with respect to any investment, loan, commodity, security, or any issuer. Ruceto does not guarantee the accuracy, completeness, sequence, or timeliness of any of this content. Please see our Terms of Service for more information.

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