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• Content META

  Title	TenX Protocols Plans TSXV Trading After $24M Raise in 2025
  ID	29237284
  External ID	a1d4fc34ad8e1cde2cc31ac4f1b27ae8
  Author	Ekemini
  Published Date	Dec. 11, 2025, 5:45 a.m.
  Summary	TenX Protocols secures $24M funding and prepares to start trading on the TSX Venture Exchange in 2025, signaling new growth in blockchain.
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  URL	https://ventureburn.com/tenx-protocols-raises-24m
  Sentiment	Negative: 0.01119    Neutral: 0.72389    Positive: 0.26492
  Relevance	0.02811

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  Content ID	36821614
  Key	74f31b17-388b-4b83-b7e1-58dacbafec46
  Content	TenX Protocols Inc. , a company that builds blockchain infrastructure and handles things like staking, validator services, and digital asset deployment, just started trading on the TSX Venture Exchange with the ticker TNX. They pulled this off after raising a big chunk of capital in 2025. Going public is a big step for TenX; it's their shift from private venture funding to the open market, where all sorts of investors can get in. This move lands right as more people are getting interested in DeFi infrastructure, and it's another sign that traditional finance and blockchain tech are starting to overlap in bigger ways. A Strong Financial Foundation TenX hit the TSXV after a string of successful fundraises in 2025, pulling in over C$33 million (about $24 million USD) this year. Most of that, nearly C$30 million, came from subscription receipt financings tied to going public. Back in March, they kicked things off with a C$3.5 million seed round that pushed their roadmap forward. Big names from the blockchain and digital asset world joined in, like Borderless Capital, HIVE Blockchain Technologies, Chorus One, and DeFi Technologies. These investors aren't just bringing cash; they're also sharing their expertise and connections to help TenX grow. Building Infrastructure for Next-Gen Blockchains TenX Protocols focuses on staking solutions and validator operation. Basically, they help keep proof-of-stake (PoS) blockchain networks secure and more decentralised. After getting listed on the TSXV, the company wants to put its new funding to work across major Layer 1 networks like Solana, Sui, and Sei. They're planning to buy native tokens from these networks and jump right into staking and validation themselves. The idea is to generate solid returns for shareholders while also strengthening the security and decentralisation of these blockchains. But that's not all. TenX also wants to step up its infrastructure game for enterprise and institutional clients. They're working on new tools, APIs, and support systems, so brands can use blockchain services without having to build their own expertise from scratch. More News: Strive Raises $500M: Vivek Ramaswamy's Bold Move Partnership With Stillman Digital TenX is teaming up with Stillman Digital , the trading arm of DeFi Technologies, to help kick off its launch. Stillman Digital handles big-league trading and market analysis, backing up TenX's plans for treasury deployment and staking. With this partnership, TenX gets better access to capital markets, deeper liquidity, and smoother digital asset trades. These are the kinds of advantages that usually trip up traditional investors trying to break into DeFi. Market Context and Investor Access The TSXV listing shows how more digital asset companies want access to public markets. In the U.S., a lot of blockchain firms try direct listings or SPAC deals, but the TSXV has really caught on with early-stage and niche tech startups. It has a reputation for encouraging innovation and backing up-and-coming companies, which draws them in. For regular investors and big institutions alike, TenX going public makes things a lot simpler. Now, people can get involved with blockchain infrastructure and staking revenue just by trading TNX shares, no need to mess with crypto wallets, private keys, or exchanges. You just use your regular brokerage account. In other words, this move connects traditional stock markets with the fast-moving world of Web3. Page 2 TenX Protocols Inc. , a company that builds blockchain infrastructure and handles things like staking, validator services, and digital asset deployment, just started trading on the TSX Venture Exchange with the ticker TNX. They pulled this off after raising a big chunk of capital in 2025. Going public is a big step for TenX; it's their shift from private venture funding to the open market, where all sorts of investors can get in. This move lands right as more people are getting interested in DeFi infrastructure, and it's another sign that traditional finance and blockchain tech are starting to overlap in bigger ways. A Strong Financial Foundation TenX hit the TSXV after a string of successful fundraises in 2025, pulling in over C$33 million (about $24 million USD) this year. Most of that, nearly C$30 million, came from subscription receipt financings tied to going public. Back in March, they kicked things off with a C$3.5 million seed round that pushed their roadmap forward. Big names from the blockchain and digital asset world joined in, like Borderless Capital, HIVE Blockchain Technologies, Chorus One, and DeFi Technologies. These investors aren't just bringing cash; they're also sharing their expertise and connections to help TenX grow. Building Infrastructure for Next-Gen Blockchains TenX Protocols focuses on staking solutions and validator operation. Basically, they help keep proof-of-stake (PoS) blockchain networks secure and more decentralised. After getting listed on the TSXV, the company wants to put its new funding to work across major Layer 1 networks like Solana, Sui, and Sei. They're planning to buy native tokens from these networks and jump right into staking and validation themselves. The idea is to generate solid returns for shareholders while also strengthening the security and decentralisation of these blockchains. But that's not all. TenX also wants to step up its infrastructure game for enterprise and institutional clients. They're working on new tools, APIs, and support systems, so brands can use blockchain services without having to build their own expertise from scratch. More News: Strive Raises $500M: Vivek Ramaswamy's Bold Move Partnership With Stillman Digital TenX is teaming up with Stillman Digital , the trading arm of DeFi Technologies, to help kick off its launch. Stillman Digital handles big-league trading and market analysis, backing up TenX's plans for treasury deployment and staking. With this partnership, TenX gets better access to capital markets, deeper liquidity, and smoother digital asset trades. These are the kinds of advantages that usually trip up traditional investors trying to break into DeFi. Market Context and Investor Access The TSXV listing shows how more digital asset companies want access to public markets. In the U.S., a lot of blockchain firms try direct listings or SPAC deals, but the TSXV has really caught on with early-stage and niche tech startups. It has a reputation for encouraging innovation and backing up-and-coming companies, which draws them in. For regular investors and big institutions alike, TenX going public makes things a lot simpler. Now, people can get involved with blockchain infrastructure and staking revenue just by trading TNX shares, no need to mess with crypto wallets, private keys, or exchanges. You just use your regular brokerage account. In other words, this move connects traditional stock markets with the fast-moving world of Web3. Page 3 SuperCircle has raised $24 million in fresh funding. The company plans to expand its AI-powered operating system for textile waste. The round was led by Foundry. Other investors joined the round through BBG Ventures, Renewal Fund, and Elemental Impact. The company builds a full-stack platform for end-of-life textiles. It helps retailers recover value from goods that once carried heavy write-downs. Most discarded items end up in landfill. SuperCircle turns this waste into an asset. The company said global brands face rising pressure. Retailers must comply with new rules on environmental responsibility. Its platform gives them the tools to meet these obligations with clear data and higher recovery rates. Retail waste continues to rise. Global estimates show more than $163 billion of unsold inventory discarded each year. SuperCircle wants to reduce this number. It plans to provide retailers with a system that captures value instead of burning it. How SuperCircle's Platform Works SuperCircle uses a digital operating layer that analyses textiles at item level. The platform ingests more than 50 data points per garment. It creates a digital twin that maps the best next life for each item. This engine directs waste to the most profitable reuse or recycling stream. The system covers post-consumer returns and post-industrial materials. It also covers damaged goods, obsolete items, and excess inventory. The company already works with more than 75 partners. These partners include J.Crew, GUESS, Reformation, FIGS, and Parachute Home. Retailers use SuperCircle to handle trade-ins and materials collected across distribution centres and store networks. Its AI model identifies the ideal channel for every returning item. The company said this cuts losses and increases recovered value. It also builds regulatory-ready data for brands that now face stricter environmental rules. This insight-driven approach creates new revenue streams. It also reduces waste handling costs. SuperCircle said this prepares retailers for a future where every asset must deliver value for longer. Building Momentum in Circular Retail SuperCircle said retailers see tighter margins. They also face growing operational pressure. The company believes its system solves both issues at scale. It claims the retail sector needs a unified, reliable layer for textile recovery. Investors agreed. Foundry said SuperCircle offers a new standard for waste infrastructure. It said the platform brings clear visibility to an area defined by opaque liquidation channels. BBG Ventures added that the company is shifting the industry beyond old models. SuperCircle views itself as the operating system for circular supply chains. It said the industry now needs enterprise-level data support. It also needs sortation models that respond in real time to the volume of goods retailers now manage. The company has diverted more than 6 million textiles from landfills. It aims to divert more than one billion textiles by 2030. It said no textile routed through its system is sent to a landfill. More News: Quantum Art Raises $100 Million How Funding Will Support the Next Stage The $24 million Series A will push several upgrades. SuperCircle will invest in its technology stack. It will expand its reverse logistics network across the US and Canada. It will also strengthen its data architecture to help retailers meet compliance reporting. The team wants to deepen supply chain integrations. These integrations will connect more retailers to reuse and recycling partners. The company plans to support rapid onboarding for larger enterprise clients. SuperCircle said its progress comes from a strong internal team. It said its engineers and operators work across deep technology and supply chain fields. The company wants to expand this team with the new funding. The firm's leadership believes the industry is entering a new phase. Retailers must prove that every product reaches its most useful life. SuperCircle said its system delivers this at scale. The company said future development will focus on predictive sorting. It plans to add more intelligence to its digital twins. This will guide more complex decisions for reuse and recovery. The company will also build more partnerships with textile-to-textile recyclers. It said this aligns with growing brand demand for fibre-to-fibre recovery. Brands want to claim stronger sustainability outcomes. SuperCircle said these outcomes must be reliable and measurable. Investors expect the company to continue gaining traction. They said the system delivers regulatory readiness. They also said it provides profitable revenue outcomes for retailers under pressure. This aligns with wider industry shifts toward circular operations. To stay updated on crypto venture capital funding and market trends, visit our venture capital news section for more insight. Page 4 Cascade, the New York-based startup, has raised $15 million in funding to expand its always-on trading platform. The company provides access to cryptocurrencies, U.S. equities, and private-company assets through a single account. Its system uses a unified margin account, allowing the same capital to be applied across different asset types. The raise was led by Polychain Capital, Variant, and Coinbase Ventures, with participation from Archetype. The investment supports Cascade's aim to reshape retail trading for perpetual markets. It also reflects growing interest in crypto-native infrastructure for consumer finance. The platform is currently invite-only. Selected depositors have early access. Cascade plans to open public access in early 2026. Users will be able to deposit and withdraw U.S. dollars directly to their bank accounts. They can hold positions continuously. The system ensures that trading is available 24 hours a day, seven days a week. Cascade has introduced over 10 perpetual markets at launch. The company plans to expand this offering over time. Investors see strong potential in the unified margin account model. It allows users to trade crypto, equities, and synthetic exposures within a single account. It also supports borrowing against a portfolio without switching platforms. Kevin, a co-founder of Cascade, said the goal is to bring speed and clarity to perpetual markets. He said traditional brokers were built for market hours and batch settlement. Cascade leverages crypto infrastructure to support continuous settlement and transparent collateral management. More News: Fresco Secures €15M Funding Unified Accounts and Continuous Trading Cascade's unified margin account acts as a single hub for all assets. Users do not need multiple accounts to manage different asset types. They can trade major U.S. stocks, cryptocurrencies, and private-company assets such as OpenAI, SpaceX and Stripe. This model removes friction and allows for more efficient capital allocation. The platform mimics a modern retail brokerage but operates on a new execution and settlement stack. This stack supports always-on trading and reduces dependency on traditional market hours. Cascade says the infrastructure allows real-time software-based settlement. It also provides a clearer view of collateral across multiple assets. The platform offers access to synthetic instruments. Traders can create exposures to assets without directly owning them. This expands opportunities for diversification. Cascade aims to make perpetual markets as accessible as conventional retail trading. Users can keep positions open without concern for market closures. Cascade plans to gradually increase the number of available markets. Its roadmap includes more digital assets, equities, and private-company exposures. The firm believes continuous trading will help attract active investors and those seeking flexible, multi-asset portfolios. Investor Confidence in the Model The $15 million funding demonstrates investor confidence in Cascade's approach. Polychain Capital, Variant and Coinbase Ventures have backed early-stage crypto and fintech innovations. Archetype adds expertise in scalable trading infrastructure. Their involvement indicates a wider interest in perpetual market platforms. Investors are betting on consumer demand for always-on trading. Many retail traders prefer the flexibility of 24/7 access. Cascade's model also positions the firm to integrate emerging financial products in the future. The unified margin account serves as a foundation for further innovation in trading, lending, and synthetic exposure. Cascade believes this system could transform how consumers interact with markets. It seeks to remove delays inherent in traditional brokerages. This allows users to react immediately to market conditions. It also improves transparency by showing real-time portfolio exposure. Looking Ahead Public access in early 2026 will mark the next phase of Cascade's expansion. The company intends to scale globally and increase its user base. More markets, improved tools, and broader bank connectivity are expected to follow. Cascade aims to deliver a seamless trading experience with fewer barriers. By combining crypto-native technology with familiar brokerage features, Cascade hopes to redefine retail investing. Its unified margin account and 24/7 trading model provide flexibility, clarity, and efficiency. This approach may appeal to active traders, fintech enthusiasts, and investors seeking exposure to both traditional and digital markets. The startup has positioned itself as a bridge between conventional trading and perpetual markets. Its goal is to offer simplicity without sacrificing sophistication. By integrating multiple asset types in a single account, Cascade seeks to become the go-to platform for around-the-clock trading. To stay updated on crypto venture capital funding and market trends, visit our venture capital news section for more insight. Page 5 Strive Asset Management, the publicly traded company co-founded by Vivek Ramaswamy, just kicked off a new stock sale program. They're aiming to raise up to $500 million, and most of that is going straight into buying more Bitcoin. Aggressive Bitcoin Accumulation Strategy Here's how it works: Strive plans to sell preferred stock through an 'at-the-market' (ATM) offering. The money won't just sit around. Strive wants to use it for things like buying more Bitcoin and Bitcoin-related assets, covering regular business expenses, paying off debt if needed, and other company needs. This is a pretty big move. Strive is making it clear they want to build up a serious Bitcoin treasury, putting themselves among the biggest corporate Bitcoin holders out there. Right now, the company already owns about 7,525 BTC, which comes out to roughly $694–695 million at today's prices. More News: Saviynt Raises $700M in Major Growth Funding Round Market Reaction & Strategic Context Investors liked the news, Strive's stock (traded as ASST) climbed about 3.6%, showing people feel good about the company's bigger Bitcoin plans. Strive started down this path back in early 2025, after merging with Asset Entities in a reverse merger. That made Strive the first public asset manager set up specifically as a Bitcoin treasury company. Back then, the company talked about raising as much as $1.5 billion—$750 million from a PIPE deal, plus potential warrants to buy more Bitcoin, scoop up distressed claims like those from the collapsed Mt. Gox exchange, and chase other investments that could add value. Now, with this $500 million stock offering, Strive isn't matching its original fundraising target, but the move still shows they're serious. They're growing their Bitcoin reserves step by step and using public stock offerings (not taking on debt) to get there. Implications for Corporate Bitcoin Holding and Industry Trend Strive's latest move really shows how quickly Bitcoin is catching on with big institutions. More public companies are reworking their business models to act as 'Bitcoin treasury' firms and basically swapping out cash reserves for Bitcoin. So, it's not just speculators piling in anymore. Now, Bitcoin is finding a spot on serious, long-term corporate balance sheets. Strive's push also turns up the heat among 'digital asset treasury' firms, all racing to stack up as much BTC as they can. Right now, Strive sits in the top 15 corporate Bitcoin holders worldwide, with a stash of 7,525 BTC. And if they put their new funds to work, we're talking about adding tens or even hundreds of millions of dollars in Bitcoin to their reserves. That could shake up their position and influence in the crypto world and maybe even change how traditional institutions think about putting Bitcoin on their books. Page 6 Surf has raised $15 million to expand its AI engine for digital asset research. The round was led by Pantera Capital. Coinbase Ventures and Digital Currency Group also took part. The raise signals growing demand for specialised intelligence tools in crypto markets. Surf plans to introduce Surf 2.0. The new version will include deeper proprietary datasets. It will also include new agents that handle complex research tasks. These tasks are usually carried out by junior analysts. Surf says its system delivers better accuracy because it focuses only on digital assets. The company has already proved the strength of its first model. Surf 1.0 outperformed competitors on the CAIA benchmark. CAIA tests whether an AI can complete the work of a junior human analyst. Surf scored up to four times higher than other systems. The result highlights the gap between domain-specific intelligence and broad AI tools. Surf says traders want reliable insights. They want clear information that does not require manual checks. Many general large language models do not offer that reliability. Surf fills this gap. It uses data built for crypto markets. It removes noise that comes from broad consumer AI tools. Surf says traders want reliable insights. They want clear information that does not require manual checks. Many general large language models do not offer that reliability. Surf fills this gap. It uses data built for crypto markets. It removes noise that comes from broad consumer AI tools. Its platform runs on a multi-agent architecture. Each agent focuses on a specific data stream. One agent studies social sentiment. Another track of on-chain activity. Others monitor token behaviour and market shifts. Insights are delivered through a simple chat interface. The experience keeps research lightweight. It keeps it fast. It keeps it consistent. More News: Cascade Raises $15 Million in Funding Strong Growth Driven by Early Institutional Adoption Surf launched in July. Its early traction has been strong. The company reports millions in annual recurring revenue. It has generated over one million research reports. It also reports 50 per cent month-on-month growth. More than 80 per cent of top exchanges and research firms now use Surf. Users say the tool delivers consistent results. A research associate at a global venture fund said they spend more time on Surf than on Perplexity. They said the product feels essential for daily decision-making. Surf says accuracy builds trust. Ryan Li, Co-founder and CEO, said the goal is to give people information they can rely on. He said generic AI tools cannot track market detail at the level required for digital assets. He said Surf was built to remove that uncertainty. Nihal Maunder, Partner at Pantera Capital, supports that view. He said digital asset research needs context. He said general AI systems struggle with that. He said Surf is one of the first teams to take specialised intelligence seriously. He said the market has been waiting for a dedicated tool. Surf 2.0 Will Deepen Accuracy and Add Enterprise-Level Controls The funding will accelerate Surf 2.0. The new version will deliver more advanced intelligence. It will include support for multi-step workflows. Specialists usually complete these workflows. Surf wants people to complete them inside one chat interface. Surf will also introduce Surf Enterprise. The enterprise edition will provide additional security controls. It will include dedicated infrastructure. It will deliver SOC 2 compliance. The company says the enterprise market needs stronger privacy guarantees. It also needs tools that fit strict internal processes. Surf plans to meet these requirements. Demand for secure AI insights continues to grow. Institutional teams want to reduce risk. They want analysis that is backed by accurate data. They also want tools that support internal governance. Surf Enterprise positions the company to serve this market. These developments follow months of traction across the crypto sector. Analysts use Surf to test market conditions. They use it to evaluate token activity. They use it to understand new projects. Surf's focus on accuracy has helped it gain trust from retail traders and institutional teams. A Clear Vision for Trusted Crypto Intelligence Surf believes crypto markets need specialised tools. General AI models cannot interpret market structure with enough depth. They struggle with on-chain patterns. They struggle with token behavior. They struggle with crypto-native sentiment cycles. Surf addresses these challenges. It uses proprietary data to understand market movement. It refines the research workflow. It reduces manual errors. It gives traders a single point of entry into complex data streams. The company sees this as the future of digital asset intelligence. Surf plans to continue expanding its datasets. It plans to introduce new agents that reflect real analyst behaviour. It also plans to deepen the chat experience to keep the workflow simple. Surf says this combination will create a step change in accuracy. It will also support more users as crypto adoption grows. Pantera Capital says this shift is already happening. The firm believes the next generation of market intelligence will rely on domain-specific AI. It also believes Surf is positioned to lead this change. Surf plans to use the new capital to speed up development. It also plans to grow its engineering and research teams. It expects demand for enterprise features to increase. It also expects retail adoption to rise as more people seek AI assistance for crypto decisions. To stay updated on crypto venture capital funding and market trends, visit our venture capital news section for more insight. Page 7
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  Publisher URL	https://ventureburn.com/
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  Data Source Name	NewsCatcher (#303)
  Data Source Type	news
  Data Source URL	https://www.newscatcherapi.com/
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