📢 TrendX Crypto Buzz｜2024.5.24

🔥 The Fantom Foundation (@FantomFDN) completed a $10 million strategic financing and established the Sonic Foundation to build the new Sonic chain.

🔥 Zero-knowledge proof hardware acceleration company Cysic completed a $12 million Pre-A round of financing, led by HashKey Capital and others.

🔥 Decentralized governance infrastructure Dora Factory (@DoraFactory) completed a $10 million strategic financing.

🔥 Taiko unveiled the TKO token economics, with 10% of the tokens allocated to the Trailblazer airdrop. However, to avoid unnecessary disputes, detailed rules of the genesis airdrop will not be disclosed.

🔥 Modular RWA L2 network Plume Network (@plumenetwork) completed a $10 million seed round of financing, led by Haun Ventures.

🔥 The U.S. SEC approved Form 19b-4 for eight Ethereum spot ETFs, including BlackRock.

🔥 Vitalik published an article titled "How are Layer 2 and Execution Sharding Different?"

🔥 Singapore-based blockchain-focused collectibles design company Mighty Jaxx raised another $11 million.

🔥 Applications for Optimism's fourth round of retroactive public goods funding are now open and will close on June 7th.