The Block's research director twan posted on X platform that venture capital funds in the blockchain field increased by 96% month-on-month in November, reaching a six-month high. Data shows that the total financing amount in the blockchain field since November is 1.09 billion US dollars; among them, the financing amount in the infrastructure field is 413 million US dollars, accounting for 37.9%.

DeFi protocol Term Structure completed a $4.25 million seed round of financing, led by Cumberland DRW, with participation from Decima Fund, HashKey Capital, Longling Capital, and MZ Web3 Fund. Its total financing amount has reached $8 million so far.

On November 28th, Web3 video streaming platform Rad completed a new round of financing led by Ayre Ventures, and the specific financing amount has not been disclosed. Rad also announced that it has incorporated the use of the BSV blockchain into its transactional video on demand (TVOD) and the release and purchase process of open or limited edition NFT videos.<br>In addition, Rad has integrated with mobile and web wallet HandCash, allowing users to connect to applications, games, and websites to directly stream funds to help facilitate payments. Users can create and purchase content on Rad without the need for a browser plugin, and the company can also expand to other forms of payment. Currently, Rad supports a variety of devices such as PlayStation 5, PSVR, Oculus Quest, iOS, and Google TV.

On November 28th, according to CoinDesk, Web3 consumer application Setter completed a $5 million seed round of financing, led by a16z, with participation from Marcy Ventures Partners, Superlayer, Thirty Five Ventures, and retired tennis star Serena Williams. Setter plans to help brands innovate and promote exclusive products, and provide customers with limited edition products. Setter aims to solve the complexity and unfriendliness of current wallet technology, providing a more seamless Web3 experience for more users.

On November 28th, Web3 entertainment company AnotherBall announced the completion of a $12.7 million seed round financing, led by ANRI and Hashed, with participation from Global Brain, Globis Capital Partners, Sfermion, HashKey Capital, Everyrealm, Ethereal Ventures, Emoote, and Crunchyroll founder Kun Gao.<br>It is reported that AnotherBall has been actively involved in technology projects such as "Ailis" and "SAI by IZUMO". AnotherBall is currently developing a platform that allows creators from around the world to connect with fans and earn money through their content. The beta version of the platform is planned to be released in the first quarter (January to March) of 2024, with a full public release expected later this year. AnotherBall is a venture capital company established in May 2022, with a focus on the Web3 virtual UP main project IZUMO, aimed at creating a place for broadcasters, illustrators, music and video producers who love anime, comics and game culture to continuously create income based on their hobbies.<br>As previously reported by BlockBeats, on May 17th, AnotherBall completed a $2.2 million angel round financing, with participation from Hiroaki Kitano, Chief Technology Officer of Sony Group, Jaynti Kanani, founder of Polygon, Suji Yan, Chief Technology Officer of Mask Network, Kevin Lin, co-founder of Twitch, and Rehito Hatoyama, advisor to Azuki development company Chiru Labs.<br>

Expanso, a distributed computing platform, has completed a $7.5 million seed round of financing, led by General Catalyst and Hetz Ventures, as reported by VentureBeat.It is reported that Expanso's CEO, David Aronchick, previously worked at Protocol Lab. He stated that the new funds will be used to promote the development of its open-source data processing platform, "Bacalhau," and to configure additional nodes to increase capacity to handle more data tasks, including distributed training of AI machine learning and processing application logs.

Singaporean NFT gaming company Matr1x announced on Thursday that it has raised $10 million in funding for its mobile gaming project. Folius Ventures led the latest A-2 round of financing, with cryptocurrency venture capital firm SevenX appointed as a joint lead investor. According to a statement, ABCDE Capital, Jambo, Initiate Capital, and FindSatoshi Lab (the maker of Stepn and the upcoming GasHero game) also invested.

On November 22nd, derivative trading protocol IntentX announced the completion of a $2.5 million seed round of financing, led by Magnus Capital, with participation from Agnostic Fund, Prismatic Capital, MS2 Capital, Coral DeFi, Contango Digital Assets, Castle Capital, and others.<br>It is reported that IntentX is a decentralized derivative market for the entire chain, aiming to solve the problem of low efficiency in decentralized derivatives. IntentX has released an Open Beta version, providing trading for over 180 perpetual currency pairs.

According to a report by Fortune magazine on November 21st, data privacy solution Privy has completed a $18 million Series A financing round, with Paradigm leading and participation from Sequoia Capital and others.<br>As previously reported by BlockBeats, on April 21, 2022, data privacy solution Privy announced the completion of an $8.3 million seed funding round, with Sequoia Capital and Blue Yard Capital leading and participation from Electric Capital, Archetype, BoxGroup, and Protocol Labs. Privy aims to solve the contradiction between poor user experience for multi-wallet users and privacy risks of integrated login through Web3 solutions. This round of financing will be used to build the team and continue to create use cases that meet customer needs.

Web3 SocialFi and antivirus software De.Fi have completed a financing of more than $5 million in DEFI token sales, with investors including HOF Capital, OKX Ventures, Huobi Ventures, MEXC, as well as Coinbase and Binance directors.