web3

According to Renaissancecapital, Hong Kong Web3 service provider Web3Labs Global has submitted an IPO application to the U.S. Securities and Exchange Commission (SEC), planning to issue approximately 6.3 million shares at a price of $4 to $5 per share, raising about $28 million.Based on the median of the issuance range, the company's valuation for this fundraising transaction is approximately $141 million. It is reported that Web3Labs Global plans to list on NASDAQ under the stock code "MDAT," with Eddid Securities and Futures serving as the underwriter for this IPO.

The Web3 asset data platform RootData has outlined 104 partners of Arc, covering six core sectors: asset issuance, infrastructure, developer tools, trading, financial services, and payments. Compared to most public chains that first develop a developer ecosystem and then seek commercialization scenarios, Arc's path is clearly more aligned with the real financial circulation network. At the asset issuance level, stablecoin issuers such as AllUnity, BDACS, Bitso/Juno, and Stablecorp, as well as tokenized asset players like Centrifuge, Securitize, and WisdomTree have entered the scene, indicating that Arc prioritizes solving the "on-chain asset supply" issue, bringing dollars, bonds, and securities onto the chain. At the infrastructure level, partners like Blockdaemon, Chainalysis, Elliptic, QuickNode, and DRPC provide node services, compliance analysis, and on-chain data support. This means Arc is preparing for institutional funds, rather than following the typical Crypto public chain model of "growth first, compliance later." At the developer tools level, partners such as Axelar, Wormhole, Chainlink, MetaMask, Fireblocks, Privy, Alchemy, LayerZero, and TRM Labs are concentrated, essentially lowering the migration costs for institutions and developers, allowing funds, wallets, cross-chain, and compliance tools to be directly in place. At the trading level, institutions like Coinbase, Bybit, Kraken, Robinhood, Galaxy Digital, and B2C2 are responsible for secondary market liquidity and price discovery. The payment layer is heavily integrated by Visa, Mastercard, PhotonPay, Nuvei, EBANX, and Ramp. At the financial services level, firms like BlackRock, Goldman Sachs, HSBC, State Street, Aave, Maple Finance, Morpho, and BitGo are appearing simultaneously, indicating that Arc has begun to bridge traditional banking, on-chain lending, and custody systems. On the surface, Arc appears to be a new public chain, but from an ecological structure perspective, it will serve as the new financial infrastructure for the Circle stablecoin era, directly emphasizing USDC gas fees, sub-second final settlement, compliance privacy, and native CCTP integration, aiming to directly penetrate real capital flows and attempt to become SWIFT + Stripe + DTCC. Related compilation: Arc Web3 Partner Network Compilation (continuously updated) Cryptocurrency projects actively showcasing their partner networks have become a key way to enhance transparency and market trust. It is reported that RootData welcomes Web3 projects to claim their information and continues to track and open more project business relationship disclosure channels. The platform has continuously released multiple editions of the cryptocurrency project ecosystem map, nominating Web3 ecosystem partners for upstream clients like Visa, Mastercard, and Coinbase. If you wish to nominate your project in future ecosystem maps, please fill out the [RootData 2026 Industry Ecosystem Mapping] form to supplement your important clients and partners.

According to a report by Cointelegraph, a report released by cybersecurity company CrowdStrike shows that losses from cryptocurrency assets caused by North Korean hackers and threat actors exceeded $2 billion in 2025, a 51% increase year-on-year, despite a decrease in the number of attacks. CrowdStrike stated that North Korean hackers are the largest threat organization targeting cryptocurrency users, and the stolen funds are almost certainly used to finance the regime's military programs.Attackers prioritize high-value targets, mainly focusing on Web3 projects and cryptocurrency exchanges, as stolen funds are easier to cash out and transfer anonymously. In April of this year, the Ethereum Foundation identified 100 North Korean hackers, and the Drift Protocol was infiltrated by North Korean tech workers, resulting in a loss of $280 million, with these threat actors establishing face-to-face relationships through third-party intermediaries.

The Web3 asset data platform RootData has completed a major upgrade to the chart page, adding over 10 segmented charts to meet readers' refined needs for research and interpretation of data across different tracks and dimensions.Currently, RootData's chart module includes areas of market interest such as financing/merger and acquisition scale and quantity, total market capitalization of stablecoins, total market capitalization of RWA, ETF inflows and outflows, public chain TVL, and VC investment performance, presented in various chart types such as line charts, heat maps, bubble charts, and treemaps.After this upgrade, the data dimensions and interactive experience of the RootData chart page have been further enhanced, allowing users to more intuitively observe market trends, capital flows, and changes in industry structure, enabling more efficient market analysis and investment research decision-making.

The BSC ecosystem's Fortune Protocol has announced the completion of its Seed round financing. This round of financing was participated in by TBV, Cogitent Ventures, X21 Digital, CGV FoF, K24 Ventures, LandScape Capital, and others.Fortune is a new generation Web3 financial protocol focused on building and innovating liquidity infrastructure for prediction markets. The funds raised in this round will be used to accelerate the development of Fortune's AI prediction tools and large-scale prediction models, promoting further development of the protocol in terms of technology, products, and ecosystem.

The Web3 asset data platform RootData has outlined 40 partners of Aave, covering multiple layers such as TradFi/RWA, stablecoins, infrastructure, wallets, DeFi protocols, exchanges, and custody. From its early focus on the lending efficiency of crypto assets to competing for on-chain dollar liquidity after the launch of GHO, Aave seems to be defining an interest rate system for on-chain dollars. At the TradFi and RWA layer, institutions like BlackRock, Franklin Templeton, VanEck, and JPMorgan are prominently featured, along with RWA platforms such as Centrifuge, OpenEden, and Securitize, indicating that Aave is no longer satisfied with lending native crypto assets but is attempting to meet the financing needs of real-world assets on-chain. At the stablecoin layer, partners like Circle, Tether, Ethena, Ripple, and Plasma suggest that Aave is competing for the on-chain "dollar liquidity" entry point. Whoever controls stablecoin deposits is closer to on-chain interest rate pricing power. At the infrastructure layer, partners like Chainlink, ConsenSys, Flashbots, and Mantle provide Aave with price oracles, MEV optimization, and multi-chain expansion capabilities. At the user distribution layer, wallet partners like MetaMask, Ledger, Bitget Wallet, Privy, and Turnkey are lowering the entry barriers for users; meanwhile, institutional channels like Kraken, Bybit, and Fireblocks further amplify the capital entry points. DeFi protocols such as Pendle, Maple Finance, and CoW Swap extend Aave's liquidity into fixed income, institutional lending, and trading scenarios. The recent rsETH/Kelp risk event caused Aave's TVL to drop from a peak of $44 billion to $15 billion, once again testing the risk management capabilities of this established DeFi protocol. Related collection: Aave Web3 Partner Network Collection (continuously updated) Cryptocurrency projects actively showcasing their partner networks have become a key way to enhance transparency and market trust. It is reported that RootData welcomes Web3 projects to claim their information and continues to track and open more project business relationship disclosure channels. The platform has released multiple editions of crypto project ecosystem maps, nominating Web3 ecosystem partners for upstream clients like Visa, Mastercard, and Coinbase. If you wish to nominate your project in future ecosystem maps, please fill out the [RootData 2026 Industry Ecosystem Mapping] form to supplement your important clients and partners.

The Web3 asset data platform RootData has organized the 153 partners and ecosystem participants of Ondo Finance, covering multiple key areas such as TradFi, public chains, custody, DeFi, exchanges, wallets, cross-chain bridges, payments, and service providers. This list fully demonstrates how Ondo has completed the transition from a single government bond yield product to an RWA infrastructure platform within three years, with its TVL growing from approximately $534 million in 2024 to over $3 billion in 2026, capturing about 58%-80% of the tokenized stock market. In the traditional finance layer, institutions such as BlackRock, Franklin Templeton, Fidelity Investments, Goldman Sachs, JPMorgan Chase, Mastercard, and PayPal are prominently featured, indicating that Ondo is no longer just serving traditional finance clients but is also undertaking the complex compliance packaging, on-chain issuance, and settlement capabilities involved in the tokenization process, effectively becoming Wall Street's on-chain asset "outsourcer." In the custody and institutional funding layer, the inclusion of leading custodians like Anchorage Digital, BitGo, Fireblocks, and Cobo signifies that Ondo has obtained the most critical entry permissions for institutional funds. In the on-chain liquidity layer, 15 public chains including Ethereum, Solana, Sui, and Aptos, along with DeFi protocols such as Pendle, Morpho, Curve, 1inch, and Euler, collectively form its liquidity network. Essentially, Ondo is transforming traditional finance's "static assets" into on-chain tradable, collateralizable, and composable assets. In the trading and payment distribution layer, the large-scale integration of Ripple, exchanges, wallets, and payment service providers indicates that Ondo has expanded from merely "selling yield products" to further extending into trading, clearing, and payment processes, attempting to master the complete circulation path of RWA. Related compilation: 【Ondo Finance Web3 Partner Network Compilation (Continuously Updated)】 Cryptocurrency projects actively showcasing their partner networks have become a key way to enhance transparency and market trust. It is reported that RootData welcomes Web3 projects to claim their information and continues to track and open more project business relationship disclosure channels. The platform has continuously released multiple editions of cryptocurrency project ecosystem maps, nominating Web3 ecosystem partners serving upstream clients like Visa, Mastercard, and Coinbase. If you wish to nominate your project in future ecosystem maps, please fill out the 【RootData 2026 Industry Ecosystem Mapping】 form to supplement your important clients and partners.

According to PRNewswire, the Swiss investment firm Multi Investment announced the completion of a financing round of 480 million Swiss francs (approximately 616 million USD). It currently manages assets exceeding 3 billion Swiss francs and aims to further advance its portfolio diversification strategy, focusing on high-growth areas such as fintech, deep tech, blockchain, and Web3.Multi Investment plans to increase its investment in the aforementioned strategic areas before the third quarter of 2026, with multiple transactions currently under evaluation, while also rapidly expanding its influence in related emerging ecosystems.

Web3 asset data platform RootData has outlined 30 Web3 business partners of Bybit, covering multiple key layers such as institutional custody, stablecoins, blockchain infrastructure, DeFi protocols, and real-world payments. From the funding perspective, partners like Circle, Tether, and Ethena indicate that Bybit has begun to deeply engage in liquidity structures related to stablecoins and RWA. In particular, RWA protocols like Ondo and Backed are essentially helping on-chain funds gradually access U.S. Treasuries, real yield assets, and traditional financial markets. In terms of blockchain infrastructure, its layout covers mainstream networks such as Mantle, Solana, Sui, and TON, while also extending to restaking systems like EigenLayer and Solayer. This means Bybit has started to expand towards on-chain yield and asset issuance layers. In the on-chain liquidity layer, Bybit collaborates with protocols like Aave, Kamino, Raydium, Orca, and Sanctum, using bbSOL to further strengthen its DeFi yield and asset circulation capabilities. What is particularly noteworthy is its infrastructure layout on the institutional side. Bybit has integrated with custody systems such as Fireblocks, Anchorage, Copper, Sygnum Bank, and Cactus Custody, and connected with banks and payment networks like QNB Group, Pave Bank, and Thredd. With institutional funds entering, the biggest competitive point for crypto exchanges has shifted from "matching ability" to "asset security and settlement capability." Especially after the North Korean hacker attack incident, the custody system has become the most critical part of exchange infrastructure. At the same time, Bybit's global branding strategy is also changing. In the past few years, it has made high-profile collaborations with top sports IPs like Oracle Red Bull Racing. In recent years, it has gradually shifted towards high-growth regions like the Middle East, establishing connections with institutions like Dubai DMCC. Its branding logic is transitioning from "traffic exposure" to "regional financial resource binding." Related collection: Bybit Web3 Partner Network Collection (continuously updated) Crypto projects actively showcasing their partner networks have become a key way to enhance transparency and market trust. It is reported that RootData welcomes Web3 projects to claim their information and continues to track and open more project business relationship disclosure channels. The platform has continuously released multiple editions of crypto project ecological maps, nominating Web3 ecological partners for upstream clients like Visa, Mastercard, and Coinbase. If you wish to nominate your project in future ecological maps, please fill out the [RootData 2026 Industry Ecosystem Mapping] form to supplement your important clients and partners.

The Web3 asset data platform RootData has outlined 30 Web3 business partners of Hyperliquid, covering multiple key aspects such as stablecoins, cross-chain infrastructure, wallet entry, DeFi protocols, institutional custody, and trading ecosystems, gradually forming a complete on-chain financial system. At the funding level, Hyperliquid has connected with stablecoin issuers such as Circle, Tether, and Ethena. In terms of underlying infrastructure, it connects with cross-chain and oracle services like Chainlink, Axelar, deBridge, and Ripple. The user entry layer includes wallets and front-end tools like Phantom, Rabby Wallet, and DeBank, lowering the entry barrier for users. At the same time, more native DeFi protocols have begun to emerge within its ecosystem, such as Pendle, Felix, HypurrFi, and HyperBeat. According to RootData, the Hyperliquid ecosystem has included 145 quality projects, indicating that Hyperliquid is attracting more financial applications to build businesses around its liquidity. Additionally, the inclusion of custodians like Anchorage Digital, BitGo, and Fireblocks has begun to connect it with larger institutional funds. Trading platforms and market-making institutions like Bybit, trade.xyz, and IMC Trading further enhance market liquidity. Overall, Hyperliquid is continuously expanding around "on-chain liquidity," attempting to replicate the ecosystem model of centralized exchanges on-chain, but the core is no longer an account system. Related compilation: Hyperliquid Web3 Partner Network Compilation (continuously updated) Cryptocurrency projects actively showcasing their partner networks has become a key way to enhance transparency and market trust. It is reported that RootData welcomes Web3 projects to claim their information and continues to track and open more project business relationship disclosure channels. The platform has continuously released multiple issues of cryptocurrency project ecosystem maps, nominating Web3 ecosystem partners for upstream clients like Visa, Mastercard, and Coinbase. If you wish to nominate your project in future ecosystem maps, please fill out the [RootData 2026 Industry Ecosystem Mapping] form to supplement your important clients and partners.

South Korean listed IT service provider ITCEN Global announced that it has raised 40 billion won (approximately 3 million USD) through the issuance of convertible bonds. This round of fundraising was fully subscribed by ITC Holdings, which is wholly owned by KCGI Innovation Growth ESG Fund. The funds will be used to expand new businesses such as Web3 and security token offerings (STO). The company stated that if the regulatory framework for digital assets in South Korea is established in the second half of the year, related businesses are expected to accelerate.

With the implementation of new payment regulations, the demand for bank payments has become a necessity for all Web3 users. GANA Payment announced that its token will soon be fully integrated into the payment ecosystem, positioning itself as the core governance token in the entire Web3 payment ecosystem.GANA will upgrade from a single functional attribute to a key hub connecting payments, scenarios, and governance mechanisms, promoting the widespread application of the token in real use cases.GANA Payment is accelerating its entry into a Web3 large payment ecosystem phase oriented towards real consumption and value circulation.

Bitget, through the Blockchain4Her program, continues to promote the popularization of Web3 women's education and community building in emerging markets such as the Philippines. This program focuses on providing a systematic blockchain knowledge framework for women and youth, helping them participate in the long-term development of Web3 with a solid understanding and gain more substantial opportunities within the industry.To achieve this goal, Blockchain4Her has supported several grassroots initiatives led by local female advocates. These include: transforming blockchain technology into practical development opportunities for underdeveloped communities; developing exclusive learning materials titled "Young Learners' Encyclopedia" for youth; and building a learning community focused on risk control and trading discipline. These initiatives not only help local beginners avoid misinformation and establish a rational understanding of Web3 but also align closely with Bitget's partnership with UNICEF in promoting digital skills and blockchain education globally.Bitget CEO and Blockchain4Her founder Gracy Chen stated, "Our original intention is to provide a more equal and open environment for women to explore Web3. Seeing more and more outstanding women engaging in community building shows us how true industry inclusivity takes root and flourishes from the grassroots."

According to news from the official WeChat account of Yunfeng Financial, Yunfeng Financial Group (00376.HK) has completed a strategic investment in the global financial infrastructure and cross-border payment service provider WooshPay, with the specific investment amount undisclosed.It is reported that WooshPay is a global payment platform strictly regulated by the UK's Financial Conduct Authority (FCA) and Hong Kong Customs, providing cross-border fund transfer services for numerous benchmark clients, including Xiaomi, large education groups, and IoT listed companies. Its business covers 170 countries and regions, supporting 155 fiat currencies and mainstream digital assets.Yunfeng Financial stated that this investment aims to deeply integrate WooshPay's leading global payment settlement capabilities with the group's digital asset infrastructure AlphaToken, constructing a dual-channel system encompassing "asset side, client side, infrastructure side, and payment side," creating a full-link ecological closed loop that includes "asset tokenization" and "compliant settlement."

Gate founder and CEO Dr. Han recently stated in an interview with The Block that the integration of AI and Web3 is accelerating efficiency improvements in the industry. The company has fully opened AI enterprise accounts for team members and is widely applying them in scenarios such as coding and development, significantly enhancing overall productivity.On this basis, the product iteration pace has been drastically compressed from "updates every few weeks" to "daily updates." Meanwhile, Web3 provides AI agents with automated payment capabilities, achieving low-cost and high-efficiency fund settlement through on-chain protocols. AI has also become an important tool for dealing with vast on-chain assets, capable of quickly completing liquidity screening and trading path optimization based on instructions.When discussing compliance and industry competition, Dr. Han pointed out that current crypto trading platforms have become homogenized in terms of product experience, but intense competition continues to drive overall service level improvements. Gate has currently achieved regulatory coverage in 81 jurisdictions worldwide, with compliant operations covering 46 states in the United States, and has obtained the European MiCA license, which covers 29 European markets, while also obtaining relevant licenses in Dubai, Japan, and Australia. Blockchain is gradually evolving from a single cryptocurrency carrier to an infrastructure that supports diverse assets.Dr. Han believes that with the ongoing integration of AI and Web3, Gate is continuously optimizing user experience and extending the platform into broader everyday use scenarios.

Web3 asset data platform RootData has compiled a list of 20 business partners for Kalshi, covering key aspects such as blockchain infrastructure, oracle data, market-making liquidity, compliance and regulation, and transaction distribution. On-chain, Kalshi supports network assets such as Solana, Base, Bitcoin, and BNB Chain, and provides data support through oracles like Pyth Network and RedStone. At the liquidity layer, it brings in traditional market makers like Jump Trading and SIG to participate in price discovery. Simultaneously, Kalshi expands its trading and distribution capabilities through platforms like Coinbase and Robinhood. However, compared to its Web3 partner network, Kalshi's more substantial off-chain capabilities lie in its core competencies built upon compliance, risk control, and financial infrastructure. For example, it facilitates fund access and payment compliance through Plaid and Aeropay, receives market monitoring and risk control support from Solidus Labs, and collaborates with Birches Health to establish a responsible trading mechanism. Overall, Kalshi's structure is not typical of a crypto application, but rather resembles an "event exchange" operating within a regulatory framework: first building financial infrastructure, then selectively integrating Web3 capabilities. This gives it a stronger "traditional financial attribute" compared to other prediction market projects. Related compilation: [Kalshi Web3 Partner Network Compilation (Continuously Updated)] Crypto projects proactively showcasing their partner networks has become a key way to improve transparency and market trust. RootData welcomes Web3 projects to submit their information and continuously tracks and opens more channels for disclosing project business relationships. The platform has already released multiple editions of crypto project ecosystem maps, nominating Web3 ecosystem partners serving upstream clients such as Visa, Mastercard, and Coinbase. If you wish to nominate your project in future ecosystem maps, please fill out the [RootData 2026 Industry Ecosystem Mapping] form to add your key clients and partners.