Crypto VC funding: Sentora, T-Rex and Sonic Labs accumulate

Crypto funding confirmed indicators of energy this week, with a trio of standout raises highlighting investor urge for food throughout web3 infrastructure, leisure, and tooling.

Sentora, a supplier of institutional custody options, led the pack with a $25 million Sequence A. Web3 leisure protocol T-Rex adopted intently with an eye catching $17 million pre-seed spherical, signaling rising confidence in blockchain-powered client platforms.

Rounding out the highest three, developer-focused Sonic Labs secured $10 million in a strategic spherical led by Galaxy, reinforcing the trade’s push to equip builders with scalable, user-friendly instruments. The information comes from Crypto Fundraising’s weekly roundup for Might 5–10.

Sentora, $25 million

IntoTheBlock and Trident Digital have merged to kind Sentora, a DeFi platform targeted on yield methods, danger administration, and monetary companies.
Backed by a $25 million Sequence A spherical led by New Type Capital—with help from Ripple, Tribe Capital, and others—Sentora goals to bridge the hole between conventional finance and DeFi by providing a compliant, scalable resolution for institutional adoption.
Combining IntoTheBlock’s analytics and Trident’s structured finance experience, Sentora plans to deal with regulatory and operational hurdles which have held establishments again from coming into DeFi.

T-Rex, $17 million

T-Rex is a web3 startup that rewards customers with cryptocurrency for participating with content material on platforms like X, TikTok, and YouTube.
Backed by buyers together with Portal Ventures, Framework Ventures, and Arbitrum Gaming Ventures, T-Rex makes use of a “proof-of-engagement” system by way of a browser extension that tracks viewing conduct via zkTLS expertise, preserving consumer privateness.
Customers earn factors by clicking on “popcorn” icons that seem whereas watching content material, which could be transformed into crypto. The system may also personalize content material suggestions over time. T-Rex plans to launch the extension by the tip of summer time.

Sonic Labs, $10 million

Sonic Labs has raised $10 million in a strategic funding spherical led by Galaxy, geared toward accelerating improvement of its $S token and increasing the Sonic blockchain ecosystem.
Constructed on Fantom and EVM-compatible, the Sonic Mainnet is designed for prime velocity and scalability.
The funds may also help new infrastructure and software improvement throughout DeFi, real-world property, and gaming.

Fleek, $7 million

Fleek beforehand raised $25 million in a 2022 Sequence A.
The startup reportedly raised further funding via a public token sale on CoinList.
It allows customers to create and monetize AI-powered influencers and brokers, providing roles like “tech reviewer,” “comedian,” and “style consultant” by way of a month-to-month subscription platform.

DogeOS, $6.9 million

DogeOS has raised $6.9 million in a funding spherical led by Polychain Capital.
The platform goals to construct an software layer on the Dogecoin community that spans gaming, AI, and DeFi.
The funds can be used to launch the DogeOS platform, develop developer instruments, and kind strategic partnerships. The main target can be on constructing X-native purposes and accelerating adoption throughout Dogecoin’s holder neighborhood.