Latest news with #BlockchainCapital
Yahoo
2 days ago
- Business
- Yahoo
Flashbots Veterans Raise $20M to Tackle Crypto User Experience With OneBalance
OneBalance, a new developer platform designed to eliminate cross-chain UX friction, has raised $20 million in a Series A round, the company said in a press release Wednesday. The round was led by cyber•Fund and Blockchain Capital, with backing from Bybit's Mirana Ventures and L2IV, the company said. OneBalance was founded by core contributors to Flashbots, the Ethereum-centric research and development startup that aims to remove the negative impacts of maximal extractable value (MEV), and a former Coinbase (COIN) engineer. The OneBalance Toolkit offers developers one-click access to transfers, swaps, and yield across chains, and already supports native Bitcoin-to-EVM swaps, with Solana integration coming soon, the company said. "There is so much growth in the stablecoin world and that is bringing a lot of people onchain but they are not crypto native, and their expectation is to do one click operations," said Stephane Gosselin, CEO and co-founder of OneBalance, in an interview. "Until now there hasn't been a way to build products that enable that," he added. Early OneBalance partners include DSX, Vooi, Spritz, and Nuvolari. The latest fundraising follows a $5M angel round in 2024 that included participation from Consensys, Wintermute, Anagram, Cobie, and others. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
2 days ago
- Business
- Yahoo
Crypto software company OneBalance raises $20 million from Cyber Fund and Blockchain Capital
OneBalance, a London-based crypto software company, has raised $20 million in a Series A led by venture capital firms Cyber Fund and Blockchain Capital, the company announced on Wednesday. The round included participation from Mirana Ventures and L2IV and brings the company's total funding to $25 million. OneBalance declined to disclose its valuation in this round. OneBalance, founded in 2024, aims to build software that will make it possible for non-crypto-native software engineers to build applications that use crypto, CEO Stephane Gosselin told Fortune. The company's main product, which launched on Wednesday, is a toolkit—a collection of software tools and libraries—that lets developers integrate into applications the ability to trade memecoins, swap tokens, and facilitate peer-to-peer payments, among other things. 'They [developers] can focus on their product and how to create the user experience, while having a reliable way to do transfers, swaps, and earning yield,' Gosselin said. With an increasing number of non-crypto companies—including Meta and Google—considering integrating stablecoins in some manner, Gosselin says software like his will make it easier for companies to add blockchain technology to their services. 'They don't necessarily know how to be able to execute reliability on-chain, and the last thing they want to do is start to expose a lot of that complexity to their users,' Gosselin said. The toolkit launched with support for Ethereum, Polygon, and other Ethereum Virtual Machine blockchains. OneBalance will introduce support for Solana at the end of this month, the company said. OneBalance will charge a fee for each transaction processed by a platform that integrates the toolkit, Gosselin said. 'We want to make money when our customers make money,' he added. 'If our customers decide to monetize and to do this with us, then we will keep a small fee on top of that.' OneBalance is among a number of crypto companies seeking to make application development simpler. Reown and Privy, for instance, both offer standard developer kits, or SDKs, that aim to make it easier for engineers to integrate crypto wallet functionality into their applications. Another example is Helius, a developer platform focused on eliminating complexities for application engineers trying to build on the Solana blockchain. Gosselin says his company will use the money raised in this round to expand the capabilities of its flagship product by integrating functionality for additional blockchains. This story was originally featured on
FF News
09-05-2025
- Business
- FF News
Camp Network Raises $30 Million to Build the First Autonomous IP Layer 1 Blockchain
Camp Network announced today that it has raised a total of $30 million, including its latest Series A funding round co-led by 1kx and Blockchain Capital, with participation from dao5, Lattice, TrueBridge, Maven 11, Hypersphere, OKX, Paper Ventures, Protagonist and others. The raise supports Camp Network's mission to scale its Layer 1 blockchain, which enables users to register and tokenize their IP onchain, train and deploy AI agents, and participate in distributions for the use of agents trained on their IP in a transparent, enforceable way. AI is rapidly reshaping the internet, and it poses an existential risk to all creators. As models continue to be trained on content taken without consent or attribution, creators are losing visibility, control and ultimately compensation. Fueling this problem is the accelerating shift toward autonomous AI agents — systems users will increasingly rely on to filter information, make decisions and interact with the digital world. As general-purpose models become commoditized, real value will shift to both unique user-owned IP and vertical agents fine-tuned on that IP. 'Camp Network exists to solve the missing link between IP and AI,' said James Chi, Co-Founder of Camp Network . 'In a world where AI will generate the majority of content, provenance is no longer a feature — it's the necessary foundation for making ownership and value enforceable by design.' Camp Network is a purpose-built Layer 1 blockchain for the intersection of IP and AI. Its architecture prioritizes gasless IP registration and royalty distribution, and supports isolated execution environments tailored for agent-based workflows and automated licensing. Developers can launch dedicated app chains with isolated blockspace and compute, offering the flexibility and scalability needed for high-performance workloads. 'The team behind Camp Network has a compelling opportunity to build the onchain equivalent of Hollywood — pioneering a new category of mass-market entertainment applications in crypto,' said Peter Pan, Partner at 1kx . 'Despite being an undercapitalized challenger to other incumbent L1 ecosystems, they've already proven highly competitive in attracting integrations from founders building at the intersection of entertainment and crypto.' 'Camp Network is building foundational infrastructure for the internet's next chapter where IP and AI are core primitives,' said Aleks Larsen, General Partner at Blockchain Capital . 'As more content is created by or with AI, Camp Network ensures provenance, ownership, and compensation are embedded in the system from the start.' At the core is Camp Network's Proof of Provenance protocol — a novel mechanism for registering IP onchain with traceable origin, usage rights, and attribution, while enabling derivative creation, licensing, and monetization. Paired with Camp Network's native agent framework, it allows users to fine-tune and deploy AI agents directly on user owned IP. This makes provenance actionable and verifiable — enabling agents to interact with data transparently, and automating monetization back to contributors. 'Model architecture is converging, and compute is cornered — the real frontier is training data,' said Rahul Doraiswami, CTO of Camp Network . 'By anchoring provenance at the protocol layer, Camp turns user-owned IP into structured, rewardable training data. This aligns incentives between users and agents, creating a compounding system where every contribution strengthens the network's intelligence.' Camp Network's growing ecosystem reflects the real-world demand for its infrastructure. Teams like RewardedTV are using Camp Network to bring IP onchain, structure capital formation around their content, and power new AI-driven experiences. As demand for high-quality voice and video training data accelerates, RewardedTV — by owning its full content stack — is able to license that data to model developers and distribute payments seamlessly through Camp Network's gasless royalty layer. 'Camp Network's infrastructure is enabling models of participation and monetization that didn't exist before,' said Michael Jelen, CEO of RewardedTV . 'From training agents on high-quality media to enabling collaborative ownership through onchain attribution, Camp Network is powering the next generation of media applications.' Long-term, Camp Network aims to build the world's largest repository of user-owned IP and the leading marketplace for rights-cleared training data. By embedding provenance and permissioning at the protocol layer, Camp Network enables developers and agents to train on trusted content with transparent attribution and built-in monetization.
