Peak XV Partners led the fundraising round for Partior, a fintech firm, with participation from Valor Capital Group, Jump Trading Group, and existing investors such as J.P. Morgan, Standard Chartered, and Temasek. Partior intends to utilize the funds to expand its international network and integrate additional currencies into its platform. Currently, the company supports the U.S. dollar, euro, and Singapore dollar, and its technology is already being used by major banks like DBS, J.P. Morgan, and Standard Chartered to facilitate payment flows. RedStone, founded in 2021 during the Arweave incubation program, has garnered significant attention, boasting over 100 clients and securing $4 billion in value.
The company recently raised $8.2 million in seed funding, led by Castle Island Ventures, with the participation of other VCs, including Pitango, Illuminate Financial, Laser Digital, and Starkware. SendBlocks’ platform enables blockchain enterprises to define critical data and harnesses its technology to extract valuable insights from the blockchain. Tabi, a decentralized marketplace for NFTs featuring trading, a launchpad, and a gaming platform, announced raising $5 million in the first hour of its public token sale on June 14. ZAP, which focuses on reputation-based token distribution to reward user contributions, is expanding its protocol to other blockchains and seeks to utilize the funds to address key issues in the airdrop and launchpad space, as well as to expand its services to new locations and blockchains.