Crypto Fundraises September 6th - September 12th

Welcome to the Coinfeeds Weekly Fundraising Report!

In the week of September 11th, we found 13 rounds totaling $107.2 million, excluding those with undisclosed amounts.

Below is a breakdown of the number of companies that fundraised by sector:

DeFi  

Trident Digital is a former Coinbase executive-founded digital asset platform with the aim of solving liquidity issues, capital efficiency, and security in crypto. Trident progresses with several solutions that include tax-optimized structured staking for institutions, US Treasury-secured high-yield products with risk-free rates, and a loan facility for independent and direct lender-borrower connections. On September 7th, Trident Digital raised a Seed round of $8 million led by White Star Capital and New Form Capital and joined by CMT Digital, Joint Effects, and Permit Ventures.

Helix is a novel protocol for heavily utilizable real-world assets and on/off-chain lending. The Helix protocol facilitates the communications between the project's lending (AMs, treasuries, miners) and borrowing (secured loans, emerging markets, SMEs, institutions) infrastructure, and produces higher yields than those in DeFi. The Helix protocol hosts the borrower pool that originators, borrowers, and auditors can access and junior and senior tranches that connect to LPs. Helix raised a Pre-Seed round of $2 million on September 8th led by Saison Capital and Superscrypt, and joined by EMURGO Ventures, Outlier Ventures, Comma3 Ventures, and Emoote.