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Reading: Dragonfly Capital Unleashes $16M on Codex: Crypto’s Next Big Breakthrough?
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Dragonfly Capital Unleashes $16M on Codex: Crypto’s Next Big Breakthrough?

Crypto
Last updated: April 6, 2025 1:30 am
Crypto
Published: April 6, 2025
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Dragonfly Capital Unleashes $16M on Codex: Crypto’s Next Big Breakthrough?

AI, Blockchain, and Fintech Startups Secure Major Funding

This week, several startups at the intersection of AI, blockchain, and fintech announced meaningful funding rounds. Codex topped the list, securing $15.8 million in a seed round led by Dragonfly Capital. Coinbase, Circle, and other investors also participated.

Ultra, a Luxembourg-based company, received funding from NOIA Capital. The investment comes after the appointment of Gus van Rijckevorsel as CEO. The9 Limited, a cryptocurrency firm, raised $8 million from elune Capital, Fine Vision Fund, and Bripheno Pte. Ltd.

Ambient, an AI and blockchain project, raised $7.2 million. It uses a Bitcoin-like proof-of-work mechanism for security and a Solana-style architecture for speed. Cambrian Network, a decentralized AI finance protocol, secured $5.9 million. The funding will support its testnet and involvement in the CSX 04 accelerator.

Mahojin,an AI and blockchain integration project,raised $5 million. It focuses on building AI-powered decentralized applications. Momentum, an early-stage startup, also raised $5 million to automate collaboration between sales teams.

Other notable crypto VC funding rounds include The Fragmetric token sale, Collecto’s luxury investment platform, and Hana Network’s hyper-casual finance platform.Bloctopus, StakeStone, and BAI Fund each raised $1 million.

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