The RWA Layer1 public chain SimpleChain officially launched its testnet on April 10 and initiated an ecosystem airdrop program. Users can obtain points through testnet tasks, and these points will serve as the basis for future token airdrops. Team members come from Qianch Qin Technology and Ant Group, and have completed a $15 million seed round. The testnet verifies core capabilities, including trusted data services, a compliance engine, and asset issuance protocols.

On April 11, DefiLlama data shows that crypto startups raised $76.0 million in funding this week, bringing 2026’s total to nearly $500 million. Major deals include Pharos’s $44.0 million Series A round, Oh’s $7.5 million Series A round, and Kulipa’s $6.2 million seed round, covering blockchain, Web3 AI, and crypto wallet services.

SimpleChain announced on April 11 that it has completed a $15 million seed round, mainly involving family offices and institutional investors. The network positions itself as the “institutional operating system” for real-world assets (RWA), aiming to build an RWA Layer 1 network and provide enterprise-grade infrastructure to support the global tokenization of real-world assets.

SimpleChain completed a $15 million seed round on April 10, with funding provided by family offices and institutional investors. The project focuses on building an institutional-grade real-world assets (RWA) Layer 1 operating system, driving asset tokenization, on-chain verification, and compliance automation, and aims to enable seamless global interaction among assets, data, and institutions.

Gate News update, April 9, DeFi solutions provider Enhanced Labs announced it has completed a $1 million Pre-Seed round of financing, led by Maximum Frequency Ventures, with participation from GSR, Selini, Flowdesk, and a group of angel investors. The new funding will be used to support product development and operations, while also expanding options-based yield strategies to a wider range of on-chain assets, including tokenized real-world assets.

Social app Giggles announced on April 9 that it has completed more than $1 million in Pre-Seed funding, led by 1kx. The funds will be used to improve the product and scale its user base. The app combines a prediction-market mechanism, allowing users to “buy in” early to help turn “content discovery” into an economic activity.

Short video + meme trading platform Giggles completed a $1.2 million Pre-Seed funding round in 2025, with investors including 1kx Capital, etc. The app developed by founder Justin Jin combines social features with prediction markets. It is currently in an invite-only testing phase, where users trade on trending content.

Pharos Network announces the completion of a $44.0 million Series A round, led by multiple top-tier institutions, with funds to be used to build real-world asset infrastructure. Previously, Pharos had completed an $8.0 million seed round, bringing total funding to $52.0 million. The testnet is scheduled to go live in May 2025.

Diamante Financial announced the completion of a $1.5 million strategic round of funding, with the funds earmarked for building an L1 encryption network based on post-quantum cryptography technology to address the security threats posed by quantum computing. Investors include Khofiz Shakhidi.

Blockchain security firm SlowMist released a security assessment report for a mainstream Web3 wallet. The results show the wallet does not transmit private keys or seed phrases to external parties. Overall, no sensitive data leakage risk was detected, providing users with a safe reference.