--- title: "CoinMENA raised $240 million from 25 projects that raised $478.9 million." type: "News" locale: "en" url: "https://longbridge.com/en/news/268853338.md" description: "CoinMENA raised $240 million in an M&A funding round, leading 25 blockchain startups that secured a total of $478.9 million this week. CoinMENA, a regulated cryptocurrency exchange in the MENA region, offers secure digital asset services and supports multiple cryptocurrencies. Other notable funding rounds include LayerBank's $2.3 million, Haiku's $1 million, TrueNorth's $3 million, DeepNode AI's $2 million, and Altura's $4 million. Canton Network raised $50 million, Portal $25 million, and N3XT $72 million, showcasing significant investment in blockchain technology." datetime: "2025-12-07T08:51:55.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/268853338.md) - [en](https://longbridge.com/en/news/268853338.md) - [zh-HK](https://longbridge.com/zh-HK/news/268853338.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/268853338.md) | [繁體中文](https://longbridge.com/zh-HK/news/268853338.md) # CoinMENA raised $240 million from 25 projects that raised $478.9 million. Compiled by: Jinse Finance This week, 25 blockchain startups received funding totaling $478.9 million: **Largest Funding Round This Week** **CoinMENA raised $240 million in a mergers and acquisitions (M&A) funding round, with Paribu as the investor.** CoinMENA is a regulated cryptocurrency exchange serving the Middle East and North Africa (MENA) region. It holds a license issued by the Central Bank of Bahrain, providing users with secure digital asset buying, selling, and storage services, featuring fast fiat currency deposits and withdrawals, localized payment integration, and institutional-grade compliance. The platform supports multiple cryptocurrencies, offers staking and yield features, and makes cryptocurrencies easier to use in the region through localized support, a user-friendly interface, and a strong regulatory framework. ... LayerBank Raises $2.3 Million in Pre-seed Funding. Investors include Coin Bureau South Asia, Future Trends Capital, DV Chain, Taiko, and Rootstock. LayerBank is a multi-chain, non-custodial lending and liquidity platform where users can lend, borrow, and earn yield in a capital-efficient market. It offers independent and cross-margin lending, automated yield strategies, and deep liquidity within ecosystems such as zkSync, Base, and BNB Chain. The platform also provides yield enhancement, revenue sharing mechanisms, and an automatic buyback and burn mechanism for its governance token, $LAB. Haiku Raises $1 Million in Pre-seed Funding Investors: Big Brain Holdings, Auros Global, Daedalus, Ahmed Al-Balaghi. Haiku is an AI-driven on-chain intent trading protocol and decentralized derivatives exchange built on Solana. It can transform any target transaction state into a single on-chain transaction execution, shielding users and integrators from the complexities of DeFi. Haiku offers ultra-fast, low-cost perpetual contract trading with deep liquidity, advanced risk management, and a modular AMM architecture. TrueNorth Raises $3 Million in Pre-seed Funding Investors: Cyber ​​Fund, Delphi Labs, GSR Markets LTD, SNZ Holding, Ocular VC. TrueNorth is a crypto AI discovery engine designed to help the next generation of Web3 users invest in a trusted, automated, and personalized way. Leveraging intelligent agent scheduling, domain models, and edge-to-cloud execution, TrueNorth simplifies the complexities of cross-chain transactions. The platform analyzes on-chain activity in real time, identifies opportunities, and automates strategy execution through intelligent AI agents. DeepNode AI Raises $2 Million in Seed Funding DeepNode AI is a decentralized AI inference network that transforms idle GPUs globally into a trustless, on-demand computing power layer. Through on-chain verification and token incentive mechanisms, DeepNode allows developers to run AI models at low cost and with high reliability; GPU contributors earn rewards by providing computing power, and applications can use a fast, censorship-resistant inference marketplace. Altura Raises $4 Million in Seed Funding Investors: Ascension, Moonfare, InnoFinConn. Altura is an on-chain yield platform that provides transparent, institutional-grade returns through a market-neutral strategy. The protocol operates a single, fully on-chain vault, updating net asset value in real time, allowing users to track performance, risk metrics, and daily returns at any time. By putting professional trading strategies on-chain and providing transparent and permissionless access, Altura enables users to obtain stable, well-managed returns without relying on opaque CeFi products. Other Funding Rounds DeepNode AI Raises $3 Million in Strategic Funding Investors: Blockchain Founders Fund (BFF), Side Door Ventures, tbv, IOBC Capital, FOMO Ventures, Nestoris. (Project information is the same as above and will not be repeated.) Canton Network (Digital Asset) Raises $50 Million in Strategic Funding Investors: BNY, iCapital, Nasdaq Ventures, S&P Global Ratings. Canton Network is a public Layer-1 blockchain launched by Digital Asset, designed for institutional finance, combining privacy, interoperability, and scalability. Built using DAML smart contracts, it supports "need-to-know" privacy, allowing different participants to see only transaction data relevant to them. It is run by the Global Synchronizer Foundation, managed by the Linux Foundation, and jointly governed by major financial institutions. Canton supports atomic transactions across applications, such as tokenized bonds and cash, while maintaining regulatory segregation and control. Portal Raises $25 Million in Funding Investor: JTSA Global. Portal is a Bitcoin-based decentralized exchange (DEX) and wallet that provides a Layer 2 solution for cross-chain atomic swaps. It focuses on minimal trust and security, eliminating the need for wrapped tokens or intermediaries, thus providing a completely non-custodial experience for cross-chain transactions. Alluvial Raises Undisclosed Amount in M&A Funding Investor: Galaxy Digital. Alluvial is an enterprise-grade liquidity staking protocol that allows token holders to earn staking rewards while maintaining asset liquidity. Through an API-first approach, Alluvial helps exchanges and custodians integrate Liquid Collective's liquidity staking functionality. N3XT Raises $72 Million in Funding Investors: Paradigm, Hack VC, Winklevoss Capital. N3XT is a fully-reserved, blockchain-driven financial institution that provides programmable, real-time settlement without additional collateral or traditional banking systems. Built by former Signature Bank team members, it offers 24/7 secure fund transfers, eliminating intermediaries and batch settlement delays. Its settlement layer enables businesses to conduct instant, compliant, and continuous financial operations. Ostium Labs Raises $20 Million in Series A Funding Investors: General Catalyst, Jump Trading, Coinbase Ventures, Wintermute Ventures, GSR Markets LTD. Ostium is a company that builds on-chain real-world asset (RWA) perpetual contract exchanges, supporting markets such as commodities and forex, and providing millisecond-level price updates. Founded by two Harvard graduates, it allows users to trade commodities such as stocks, metals, and oil, and also to conduct high-risk leveraged trading through perpetual contracts. It is a decentralized trading platform for "perpetual contracts (perps)," joining the increasingly competitive perp DEX track. Axis Raises $5 Million in Private Funding Investors: Galaxy Digital, FalconX, OKX Ventures, CMT Digital, Maven 11, GSR Markets LTD, CMS Holdings. Axis is a quantitative yield protocol that brings institutional-grade market-neutral strategies to the blockchain. The protocol emphasizes transparency and real-time verifiable performance, providing multi-asset returns across USD, Bitcoin, and gold. It enables institutional-grade models to execute on-chain through auditable data, independent reserve verification, and low operating costs. Fin (formerly TipLink) raises $17 million. Investors include Pantera Capital, Sequoia Capital, and Samsung Next. Fin is an enterprise-grade payment platform based on stablecoins, enabling instant large-value transfers between businesses and financial institutions. It supports sending funds to bank accounts, Fin accounts, or encrypted addresses, achieving fast, low-cost, cross-border settlements through stablecoin channels. AllScale raises undisclosed amount. Investor: YZi Labs (formerly Binance Labs). AllScale is a new type of crypto-fiat dual-currency digital bank that provides global stablecoin payment services for SMEs, freelancers, DAOs, and Web3 teams. It supports 24/7 low-cost cross-border settlements, and its main features include invoice links, payslip dashboards, and social media payment embedding. BitStack Raises $15 Million in Series A Funding Investors include 13bookscapital, AG2R La Mondiale, and Plug and Play Ventures. Bitstack is a French Bitcoin savings app that allows users to automatically buy Bitcoin by "tips up" their everyday spending. It supports dollar-cost averaging, one-click purchases starting from €1, and helps improve financial habits through spending analysis. As a regulated digital asset service provider (DASP), Bitstack bridges traditional banks with Bitcoin investment. Backed Raises Undisclosed Amount in M&A Funding Investor: Kraken. Backed is a company that issues tokenized assets, bringing stocks, ETFs, and other RWAs onto the blockchain through ERC-20 tokens, ensuring full collateralization and compliance with Swiss regulations. Its goal is to expand tokenization services and make it easier for asset managers to access on-chain capital markets. Reya Network Raises $3 Million in Public Sale Funding Reya Network is the world's first modular L2 optimized for trading, aiming to provide the deepest liquidity, highest capital efficiency, and best performance in DeFi. Predict Receives Undisclosed Funding Amount Investor: YZi Labs. Predict is an on-chain prediction and social gaming platform that allows users to predict outcomes in sports, crypto, cultural, and real-world events and earn rewards based on accuracy. The platform features gamification, leaderboards, social competitions, and token incentives. Komodo Receives Undisclosed Merger Funding Amount Investor: Gleec. Komodo is an open-source Web3 ecosystem and blockchain development platform focused on modular infrastructure, cross-chain interoperability, and decentralized security. It allows developers to create independent custom chains using the Antara framework. Its core product, AtomicDEX, is a non-custodial multi-chain wallet and decentralized exchange based on atomic swaps. XMAQUINA Receives Undisclosed Funding. Investors: Borderless Capital, Waterdrip Capital, vVv dotnet, Clairvoyant Labs. XMAQUINA is a DePIN platform for tokenizing autonomous bots, allowing the public to share in the revenue generated by these bots. It supports businesses in tokenizing intelligent bots, improving liquidity, user engagement, and transparency. Harmonix Finance Raises $600,000 in Public Sale Funding. Harmonix Finance is a DeFi platform that brings hedge fund strategies to the blockchain, providing delta-neutral, options, and restaking strategies through automated vaults and smart derivatives pools. OpenEden Raises Undisclosed Amount in Strategic Funding. Investors include Ripple, Lightspeed Faction, Gate Ventures, and FalconX. OpenEden provides access to on-chain tokenized US Treasury bonds. $TBILL is fully backed by a BVI-registered fund and is one of the largest issuers of tokenized government bonds in Asia and Europe. It provides low-risk, high-liquidity infrastructure for Web3 CFOs, DAO vaults, and institutions. Zoo Finance Raises $10 Million in Strategic Funding Investors include Bitrise Capital, Signum Capital, and CertiK Ventures. Zoo Finance is a structured asset protocol that provides capital-efficient liquidity solutions for locked assets or illiquid crypto assets. It makes various locked assets tradable through different vaults (such as LNT, LVT, L-Vault, and B-Vault). Ranger Raises $6 Million in Public Sale Funding Ranger Finance is the first perpetual contract aggregator on Solana, providing deep aggregated liquidity, smart order routing, and data services to integrate perpetual, spot, and leveraged trading experiences for users. ## Related News & Research - [MedPal AI Wins Strong Shareholder Backing at AGM as It Expands AI Health Platform](https://longbridge.com/en/news/281501359.md) - [Insig AI Plans Growth Drive and Eyes Nasdaq Dual Listing](https://longbridge.com/en/news/281311983.md) - [Letter from the Editor Introducing AI Intelligence on American Banker](https://longbridge.com/en/news/281266312.md) - [Which Generation Is the Most Bullish About AI Stocks? The Answer May Surprise You.](https://longbridge.com/en/news/281547500.md) - [Folk are getting dangerously attached to AI that always tells them they're right](https://longbridge.com/en/news/280988775.md)