Sentora, T-Rex, and Sonic Labs Unite Forces

May 11, 2025 dailymirror

This week showcased the enduring nature of crypto funding, highlighted by three significant capital raises that reflect investor enthusiasm for web3 infrastructure, entertainment, and tooling.

Sentora, which focuses on institutional custody solutions, took the lead with an impressive $25 million in a Series A funding round. Closely following is T-Rex, a web3 entertainment platform, which gathered $17 million in a pre-seed round, showcasing escalating confidence in blockchain-based consumer platforms.

Completing the trio, Sonic Labs, geared towards developers, secured $10 million in a strategic funding round backed by Galaxy. This underlines the industry’s dedication to equipping builders with scalable and user-friendly tools. This information is derived from Crypto Fundraising’s weekly update for May 5–10.

Sentora, $25 million

Sentora resulted from the merger of IntoTheBlock and Trident Digital, creating a DeFi platform that emphasizes yield strategies, risk management, and financial services.
With a robust $25 million Series A round led by New Form Capital, along with contributions from Ripple, Tribe Capital, and others, Sentora aims to bridge traditional finance and DeFi by offering compliant and scalable solutions for institutional adoption.
By integrating the analytics of IntoTheBlock with Trident’s structured finance expertise, Sentora seeks to address regulatory and operational challenges that have previously obstructed institutional entry into DeFi.

T-Rex, $17 million

T-Rex is a web3 startup that rewards users with cryptocurrency for engaging with content on platforms such as X, TikTok, and YouTube.
Supported by investors like Portal Ventures, Framework Ventures, and Arbitrum Gaming Ventures, T-Rex uses a “proof-of-engagement” model through a browser extension that tracks viewing activity with zkTLS technology, ensuring user privacy.
Users earn points by clicking on “popcorn” icons while watching content, which can be converted into cryptocurrency. The system will also improve content recommendations over time, with the extension slated for release this summer.

Sonic Labs, $10 million

Sonic Labs successfully raised $10 million in a strategic funding round led by Galaxy to accelerate the development of its $S token and expand the Sonic blockchain ecosystem.
Built on Fantom and compatible with EVM, the Sonic Mainnet is tailored for high speed and scalability.
The funds will be directed towards developing new infrastructure and applications across DeFi, real-world assets, and gaming.

Fleek, $7 million

Fleek had previously raised $25 million in a Series A round back in 2022.
The company also garnered additional funding through a public token sale on CoinList.
Fleek enables users to create and profit from AI-driven influencers and agents, offering roles such as “tech reviewer,” “comedian,” and “style consultant” via a subscription-based model.

DogeOS, $6.9 million

DogeOS successfully raised $6.9 million in a funding round led by Polychain Capital.
The initiative aims to establish an application layer on the Dogecoin network, encompassing gaming, AI, and DeFi.
The funds will be used to launch the DogeOS platform, enhance developer tools, and build strategic partnerships, focusing on creating X-native applications and increasing adoption within the Dogecoin community.

Projects < $5 million

GoQuant, $4 million
Xweave, $3 million
Alt DRX, $2.7 million
Litheum Strategic, $750,000
Xpfinance XPF, $200,000
MYX Finance, $180,000