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Marble Completes $11 Million Seed Round Led by Polychain Capital
Odaily report: Marble, founded by former BitGo and Galaxy Digital executives Matt Ballensweig and Leon Marshall, has announced its launch and the completion of an $11 million seed round led by Polychain Capital, with participation from Maven 11, Ripple, Susquehanna Crypto, Lattice, Blockwall, and other institutions, as well as several angel investors from the AI sector. Marble operates two business lines: Marble Compute, which provides private credit channels for AI infrastructure developers, connecting institutional lenders with emerging cloud service providers and GPU operators; and Marble Markets, which is dedicated to building an institutional trading platform covering digital assets, real-world assets, prediction markets, and compute. Matt Ballensweig and Leon Marshall serve as co-CEOs; Ballensweig previously served as Global Head of Trading at BitGo, and Marshall previously served as CEO of Galaxy Digital's European business.
DECA Labs Completes $12 Million in Cumulative Funding with Participation from Polychain Capital, Pantera Capital, and Others
Odaily: DECA Labs has completed a cumulative $12 million in funding, with participation from Polychain Capital, Pantera Capital, and others.
Network School Completes New Funding Round at $2 Billion Valuation, Led by Polychain Capital
Odaily News: Network School has announced the completion of a new funding round led by Polychain Capital, with participation from Andreessen Horowitz (a16z), Coinbase, Balaji, and others. The specific amount of the funding was not disclosed, and the project is valued at $2 billion. Olaf Carlson-Wee, founder and CEO of Polychain Capital, announced the above information at the Network State conference.
Yellow Card completes $40 million strategic funding round with participation from SC Ventures and others
Odaily News: Yellow Card announced the completion of a $40 million strategic funding round, with participation from SC Ventures, Sony Innovation Fund, Polychain Capital, Blockchain Capital, and other strategic investors. The project primarily provides stablecoin infrastructure, and the funds from this round will be used to expand its enterprise-facing end-to-end dollar accounts, Global USD Accounts, and to extend stablecoin rails connecting global markets.
Blockchain data infrastructure company Cambrian raises $6 million in seed funding, co-led by Franklin Templeton and Polychain
Odaily reports: Blockchain data infrastructure startup Cambrian has secured $6 million in seed funding, co-led by Franklin Templeton and Polychain Capital, with participation from Flow Traders, Selini Capital, Paper Ventures, Nomad Capital, and others.As previously reported by Odaily, Cambrian also received a $5.9 million pre-seed investment led by the a16z Crypto Startup Accelerator, bringing its total funding to $11.9 million.Founded in 2024, Cambrian currently offers APIs for institutions and AI agents, providing real-time and historical on-chain data covering yield, risk, lending rates, trading activity, liquidity positions, and market sentiment, helping users allocate capital on-chain. The company plans to expand its existing APIs into a verifiable blockchain data oracle network, serving institutional financial clients, AI agent builders, and protocols that require reliable data to control capital flows. Unlike traditional oracles that primarily provide price data, Cambrian aims to aggregate data from lending protocols, DEX liquidity, social sentiment, developer activity, and historical market data.According to Cambrian, its platform has processed millions of API calls, currently indexes approximately $4.5 billion in TVL across four major lending protocols, tracks 1,789 vaults managed by 895 curators, and monitors over 320,000 DEX liquidity pools on Base and Solana. The company also plans to expand trading data support by integrating Hyperliquid and richer perpetual contract data.
Polychain and Coinbase-backed Satori Finance Announces Shutdown
Odaily报道: Satori Finance, a multi-chain decentralized exchange backed by investors including Polychain Capital and Coinbase Ventures, has announced it will cease operations and begin the closure process. The platform stated that due to "prolonged unfavorable market conditions," its revenue is insufficient to support continued operations, leading to the decision to gradually wind down. Users must withdraw their assets before 23:59 UTC on July 16, after which the platform will no longer be accessible.In 2022, Satori Finance completed a $10 million seed funding round led by Polychain Capital, with participation from Coinbase Ventures and Jump Crypto. The platform was deployed across multiple networks including Arbitrum, Optimism, and BNB Chain, and initially featured 25x leverage and an "points mining" incentive model. (The Block)
Planet Morning News
1. A whale has accumulated 73,744 ETH over the past 3 days, with an unrealized profit of $4.04 million;2. CNN: Senior U.S. government officials did not anticipate Iran would block the Strait of Hormuz;3. Iran claims resistance group shot down a U.S. military refueling aircraft, all crew members killed;4. A user lost approximately $50 million in a single transaction due to slippage; Aave founder states the interface issued multiple warnings;5. Trump to host luncheon for TRUMP holders, with himself and 18 "superstar" guests in attendance;6. A newly created wallet withdrew 200,000 SOL from Binance 9 hours ago and proceeded to stake it;7. Iran states that a few Trump tweets cannot end the war;8. Ethena plans to adjust the sUSDe unstaking cooldown period to a dynamic mechanism, potentially reducing it to as short as 1 day;9. VeryAI completes $10 million seed funding round led by Polychain Capital;10. A whale deposited 5.6 million USDC into Hyperliquid over the past 2 hours to short oil.
VeryAI Completes $10 Million Seed Round Led by Polychain Capital
Odaily News: Identity verification startup VeryAI has completed a $10 million seed round led by Polychain Capital, with participation from Berggruen Institute, Anagram, and several angel investors from the crypto space. VeryAI currently focuses on serving crypto platforms, offering a palm print scanning SDK based on smartphone cameras. Partners can integrate it into their existing applications to combat bot accounts and multi-factor authentication fatigue. (Axios)
On-chain analytics tool Parsec announces cessation of operations
Odaily News On-chain data analytics platform Parsec has announced its official shutdown. The team stated on its official website and social media platforms that the project has ceased operations after five years of service and is currently processing refunds and canceling all active subscriptions.Launched in early 2021, Parsec provided a customizable on-chain data terminal and analytics platform, enabling users to build data dashboards and visualization tools for areas such as DeFi and NFTs, along with API services. Its Parsec Agent also attempted to integrate large language models (LLMs) for on-chain research and analysis, including prediction markets, social sentiment, and market activity monitoring.The project had previously completed a $1.25 million seed round and a $4 million seed extension round, with investors including Galaxy Digital, Polychain Capital, Robot Ventures, and Uniswap Ventures.
Story Protocol (IP) Delays Investor and Team Token Unlock to August, to Partner with Major AI Giant in Q3
Odaily News Story Protocol has extended the token unlock for early investors and the team by six months to August this year, from the originally scheduled date of February 2026, in order to reduce short-term selling pressure and market volatility. This plan has been agreed upon by major investment institutions including a16z and Polychain Capital. The board stated that this move aims to avoid anticipatory selling before the unlock and will utilize the next six months to advance revenue growth, PMF validation, and collaboration with a major AI enterprise. After the adjustment, investors will unlock 25% of their tokens 18 months after the TGE, with the remainder being released linearly on a monthly basis before the 42nd month. (Bloomingbit)
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