PunkCode Secures Multi-Million RMB Investment from Meridian Capital to Accelerate PunkVerse’s Global Expansion
On October 24, 2025, PunkCode, a company focused on IP-driven collectible culture, XR immersive experiences, and digital asset operations, announced the completion of a new funding round led by Meridian Capital. The investment, structured in USD-denominated capital, totals several tens of millions of RMB.
According to the company, the new funds will be primarily used to:
Expand and scale its original IP content ecosystem;
Upgrade its XR spatial computing and interactive experience technology stack;
Accelerate international channel development and brand deployment.
PunkCode emphasized that this round of financing not only lays the foundation for its upcoming overseas listing framework, but also significantly advances the global replication of its flagship international product line, PunkVerse.
This strategic investment is a strong signal that the market is recognizing and validating the innovative commercial model represented by PunkVerse—an integrated system combining collectible IP, immersive experience, and assetization on a global scale.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin Updates: Major Holders Accumulate $260M in Bitcoin While ETFs See $799M Withdrawn
- Bitcoin, Ethereum, and XRP fell in early November amid waning demand, ETF outflows ($799M for Bitcoin), and $2.6B in exchange withdrawals linked to whale activity. - Technical indicators showed bearish signals: Bitcoin below key EMAs, Ethereum near $3,700 support, and XRP's open interest declining as pressure mounted. - Despite short-term selloffs, Ethereum ETFs saw $9.6B Q3 inflows, while structural bulls controlled 68.6% of Bitcoin supply, hinting at potential accumulation phases. - Macroeconomic risks
AI Critics Caution About Potential Bubble as Teleskope Raises $25 Million to Address Cybersecurity Risks
- Alex Chen’s Teleskope secures $25M to develop AI-driven cybersecurity tools, targeting advanced threats with real-time data analysis. - The global threat intelligence market, projected to hit $22.97B by 2030, sees investor confidence in AI solutions, with Sequoia and Andreessen backing Teleskope. - Rising AI-powered threat detection adoption, like Inversion6’s MDR platform, highlights the sector’s competitive landscape and cross-industry AI growth. - Skeptics warn of an "AI bubble," citing overvaluation
Freshpet's Third Quarter Jump Overshadows Legal Troubles and Updated Growth Alerts
- Freshpet's Q3 2025 net sales surged 14% to $288.8M, driven by volume gains and price/mix adjustments, surpassing expectations. - The company achieved positive free cash flow early and revised 2025 guidance to $190-195M adjusted EBITDA with reduced capex. - Legal risks emerged as Rosen Law Firm launched a securities class action alleging misleading disclosures after a 6.36% stock drop. - Analysts remain cautiously optimistic with a "buy" rating and $70 median price target, despite recent 6.7% monthly shar
IREN's $9.7B Agreement with Microsoft Draws Doubts as Insiders Sell Shares, Experts Caution
- IREN secured a $9.7B GPU cloud contract with Microsoft, including 20% upfront prepayment, to deploy NVIDIA GB300s over five years. - The deal involves $5.8B in GPU procurement from Dell, with Texas data center deployment starting in 2026 using liquid-cooled infrastructure. - IREN's stock surged 22% pre-market, but faces analyst skepticism over valuation risks and insider sales of 2M shares by co-CEOs. - Institutional investors showed mixed positions, while analysts warned about liquidity strains from pre
