In the cryptocurrency industry, there are two noteworthy financing dynamics that have recently caught attention. Firstly, IDA, the issuer of stablecoins, announced the completion of a $6 million seed round, led by CMCC Global. This round of financing signifies IDA's further development and expansion plans in the market. Secondly, Pencils Protocol has also made significant progress, successfully closing a new strategic round at an $80 million valuation with participation from renowned investment institutions such as Bing Ventures. This showcases the high recognition of the market towards the potential of Pencils Protocol. These financing events not only provide valuable financial support to the respective companies but also inject new vitality into the entire cryptocurrency industry.