The first quarter of 2025 was very volatile for encryption. The feelings of investors from one party to another like Bitcoin (Bitcoin (swinging (BTCHe gathered to the highest levels ever, bearing a great correction, and obtained a large presidential batch of Donald Trump.
Amid all noise, investment capital companies continued to expand their exposure to startups and encryption via decentralized physical infrastructure networks (DePins), WeB3 games, and asset exchange markets in the real world (RWA).
The latest version of VC Roundup features seven financing ads from all over the industry.
Alchemmy announces the construction box of $ 5.
The Blockchain Alchemy developer launched a $ 5 million “ONCHEND box” to enhance the web3 dependence on ETAREUM. Funding will provide developers based on alchemy up to $ 10,000 of gas credits and $ 20,000 in computer credits. Support will initially be published to OP Stack and Orbitrum Orbit.
Alchemy currently offers Rollups-AS-Service, which allows developers to launch and develop their Blockchain.
One The most prominent alchemy partners IS World, the biological identity project formerly known as WorldCOIN. Since its launch, the world has reached more than 23 million users worldwide.
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Mavryk secures layer-1 RWA financing
Mavryk Dynamics closed, Layer-1 RWA, a $ 5 million financing round led by Ghaf Capital, Big Brain, Metavest Capital, Cluster Capital, Collective Ventures and ATLAS. Five other VC funds shared the tour.
Mavryk is developing the RWA tokeenization platform that it says will bridge the gap between traditional financing and decentralized financing (Defi) by providing non -guardian features that include the protocol, grants and liquidity extraction. The company says that Mavryk has already received more than $ 360 million from RWAS.
The RWA market grew greatly over the past year, reaching $ 17.9 billion in early March, according to RWA.XYZ.
The value of assets in the real world has grown significantly. source: rwa.xyz
Rho Labs receives $ 4 million in seeds financing
Rho Labs, RHO developer in decentralized exchange rates, closed a 4 million -dollar seed tour led by Coinfund. It included additional investors, AROS, flow dealers and Speedinvest. RHO runs a central derivative market that allows users to share and trade permanent future contracts in one place. The company says it has treated virtual sizes more than $ 7 billion.
Alex Felix, co -founder of Coinfund, said that Rho Labs fills a gap in the encryption market that prevents the normalization of financing and front rates between CEFI and Defi.
TENEO raises $ 3 million to give a democratic character to social media data
I carry a protocol from Dimine Project, closed the seed tour of $ 3 million led by Rockwaayx and non -border investment funds, with an additional participation of obstetric projects. Funding will be used for more TENEO mission of adding a democratic character access to social media data.
TENEO is designed on the Layer-1 Network PeQ and runs the Web3 Browser supplement that allows users to contribute to its data network against the TENEO points, which can be exchanged for the upcoming TENEO symbols. The company claims to have more than 3.5 million users in 191 countries.

DePin growth reached its peak in December 2024. Source: Dependent on
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Polychain capital returns
Etherum Layer-2 Flunet Labs raised $ 8 million in a funding tour led by Polychain Capital, with additional participation of six investment funds and seven owners investors. Fluent describes itself as a “mixed implementation network” because it seeks to remove the nuts that restrict the onchane virtual devices. It currently supports Ethereum Virtual Machine, Solana Virtual Machine and Webassembly.
There are currently more than 60 projects based on the fluent ecosystems, as uses extend to Defi, consumer applications and games.
The game company receives Blockchain Games Infrastructure support
Game Company, a startup in the United Arab Emirates, has received $ 10 million of financing to develop cloud games infrastructure that will allow users to play any address via computers and key devices. Among the investors in the financing round Telcoin, Bullperks and Singularity Dao.
The game company claims to have more than 500,000 users in its waiting menu. The latest testing phase in the United Arab Emirates has witnessed more than 43,000 registrations, 41,000 onchain transactions and more than 10,000 new unique portfolios.
Once the platform runs, users will have access to more than 1,300 titles via PlayStation, Microsoft Store and Steam. Some titles have access to Call of Duty, Fortnite and Rocket League.
A16z supports acid laboratories
Web3 Gaming Studio Acid Labs closed a $ 8 million financing round led by A16z Speedrun to enhance social games infrastructure. The additional investors included NFX, Fusion VC and various games executives. ACID is the company behind Boinkers, a telegram game that includes 11.5 million players per month. It intends to use funds to continue to expand the web3 social games on Telegram.
The investment came against the background of the growing Web3 games activity. Between January 2024 and January 2025, the number of daily active WEB3 players reached 7.3 million, according to DAPPRADAR. total, Blockchain 386 % rose activity increased During that period.
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