China News Daily TheBitTimes.com

Shogun raised $6.9M in the seed funding round. Shogun is an intent layer for the Interchain. Its vision is to accelerate the adoption of DeFi by providing a user experience in which no user ever needs to worry about chains, gas, or wallets again. Its SDK provides structured rails to move to and from any token on any chain. Shogun will support EVM, Cosmos, SolanaVM, and MoveVM execution environments. This includes Berachain, Ethereum, Solana, Neutron, and Celestia. The Shogun platform offers auth functions, in-app wallet-building abilities, node services, and so much more in addition to all your DeFi basic needs, such as swaps & bridging! Polychain Capital and DAO5 co-led the funding round, joined by Arrington Capital, Arthur Hayes’ family office Maelstrom, and Build-a-Bera, Intensity Labs announced on Wednesday. The round also saw participation from angel investors such as Cobie, Ansem, Ser Shokunin, and Meltem Demirors. Shogun was previously incubated by Binance Labs. In Mar...

Notable venture capital firms such as Animoca Brands and Binance Labs took part in the funding round. Tabi, the nonfungible token marketplace previously as Treasureland, has completed a $10 million angel funding round, the BNB Chain-based platform announced on May 10. The funding was seeded by venture capital firms Animoca Brands, Binance Labs, Draper Dragon, Hashkey Capital, Infinity Crypto Ventures and Youbi Capital. Individual investors include Bo Feng of Dragonfly Capital, Riyad AD of Saudi Arabia, and Suji Yan of Mask Network. According to developers, the funds will be primarily used to develop Tabi’s gaming ecosystem and construct its upcoming on-chain identity protocol. Aside from its NFT trading and launchpad Features , Tabi converts users’ on-chain activities into “experience points,” which can be exchanged for future airdrop rewards and earnings. The protocol also contains a gaming platform that aggregates blockchain game transactions and entertainment.  In addition, Ta...