Odaily News Web 3 payment infrastructure company Transak announced the completion of a new round of financing totaling $16 million, led by IDG Capital and Tether, with participation from Primal Capital, 1kx, Protein Capital, and Fuel Ventures.

Golden Finance reported that 375ai, the edge data intelligence network of Solana, announced the completion of a $5 million seed round of financing on X platform, with 6MV as the lead investor, and Arca, Escap Velocity, Primal Capital, and Auros as co-investors. The specific valuation information has not been disclosed. 375ai provides blockchain-based Decentralization edge data intelligence network Nodes and mobile applications for real-time data collection. Users can participate in the network by deploying Nodes, using applications, or staking Tokens, and at the same time, receive rewards.