CMC Market Pulse _ Fundraises & Airdrops

Decentralized broadband project, #DAWN , raises $13M in a Series B funding round, led by Polychain Capital, with participation from Archetype.

Decentralized compute protocol, Gensyn, raises $16.14M from 7,412 participants via a token sale, closing out at a fully diluted valuation of $473M.

Centralized perpetual exchange for traditional assets, Architect, raises $35M in a Series A funding round led by Miami International Holdings and Tioga Capital, with other investors including Ark Invest, Galaxy, and more.

#stablecoin payment settlement layer, Coinbax, raises $4.2M in a funding round led by BankTech Ventures, with support from Connecticut Innovations, Paxos, SpringTime Ventures, and more.

spresso Foundaiton opens registration for their upcoming #ESP token airdrop, which will go live in early 2026.

#Base App airdrops rewards to over 40,000 eligible Base App accounts as part of their holiday rewards campaign.

Source: Binance News / Bitdegree / Coindesk / #CoinMarketCap / Cointelegraph / Decrypt

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