March 16, 2025
MYX, Cibeeo Inc., & Lagom Chain Secure Funding
MYX, a Singapore-based crypto derivatives protocol, raised $5 million to expand its offerings. Cibeeo Inc. secured $2 million to redefine Internet exploration, search experiences, and AI. Meanwhile, Lagom Chain, a Layer 1 blockchain collaborating with EVM, obtained $200,000 with support from Singh Coin to continue developing its platform.
Canaan Inc. & Ethena Labs Drive DeFi Innovation
Canaan Inc. acquired $100 million to enhance its production of blockchain servers and ASIC chip solutions. Ethena Labs raised $36 million with assistance from MEXC Ventures to advance its Ethereum-based DeFi protocol and synthetic dollar, USDe.
Last but not least, Binance secured $2 billion with help from MGX to further expand its platform and services.
