Three Monad-based projects announced their venture capital funding back-to-back on Thursday, signaling a surge of interest in the Monad ecosystem.

One standout, the Monad liquid staking platform aPriori, reached a token valuation of at least $100 million with its $8 million seed funding, as I reported exclusively at the time. Achieving a nine-figure valuation before the Monad blockchain has even launched is quite surprising. The other two projects, the Monad liquid staking protocol Kintsu and the Monad-based on-chain order book exchange Kuru, raised $4 million and $2 million, respectively.

All three projects have attracted high-profile investors. Brevan Howard Digital, the crypto division of the hedge fund giant, backed both Kintsu and Kuru, despite the fund's …