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Mike
@mikewchan
Happy Day after Thanksgiving! 🦃 Here are the 5 most interesting crypto fundraises (according to me) for the week ending 11/29/24:
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Mike pfp
Mike
@mikewchan
1. Lulu Chain AI-based emotional value blockchain Lulu Chain raised $5M in a round led by DG Capital, with participation from SMO Capital, Unionblock, and others. Lulu Chain is a modular blockchain that utilizes AI to analyze participants' emotional states across various social platforms and transforms this into quantifiable, tradable assets. Crypto will make everything a market - even emotions!
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Mike pfp
Mike
@mikewchan
2. Rise Stablecoin-powered payroll and compliance company Rise raised $6.3M in a Series A round led by Draper Associates, Polymorphic Capital, and more Rise is a hybrid, cross-border payment infrastructure that blends fiat currencies, stablecoins, and cryptocurrencies. Its first product is a Global Contractor Payment system, which allows for both domestic & cross-border fiat and crypto payments for contractors across the world. Eventually everyone will be paid in crypto with platforms like Rise!
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