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Bee Maps, powered by Hivemapper, announced a $32 million funding round led by Pantera Capital with participation from LDA Capital, Borderless Capital, and Ajna Capital to scale its decentralized mapping network and advance development of a native artificial intelligence (AI) map. The company said the capital will accelerate device deployments, expand contributor rewards, and enhance … Read more
Crunch Lab, the core contributor to the decentralized artificial intelligence (AI) collective CrunchDAO, has raised $5 million in a strategic funding round, the company shared with Bitcoin.com News. The investment brings its total funding to over $10 million. Crunch Lab Hits $10M Total Funding for Production-Ready AI Models The round was co-led by Galaxy Ventures … Read more
Foresight Ventures on Oct. 1 unveiled a $50 million fund aimed at companies building stablecoin infrastructure across issuance, rails, and compliance, according to the firm’s announcement from Singapore. New $50M Fund From Foresight Ventures to Back Issuance, Exchanges, and On/Off-Ramps The Stablecoin Infrastructure Fund will target projects spanning issuance and coordination, exchanges and liquidity, compliant … Read more
Flying Tulip, a newly launched full-stack on-chain exchange founded by Andre Cronje, has successfully raised $200 million in a private funding round. The Full-Stack Onchain Ecosystem Flying Tulip, a newly launched full-stack on-chain exchange, recently secured $200 million in a private funding round. Founded by Andre Cronje, the exchange is set to launch a public … Read more
Kraken, a U.S.-based cryptocurrency exchange, has reportedly closed a $500 million funding round, reaching a valuation of $50 billion. The raise, which had participation of Arjun Sethi, co-CEO of Kraken, and Tribe Capital, a venture capital firm founded by Sethi himself, has fueled speculation about Kraken going public soon. Kraken Closes $500M Funding Round Successfully, … Read more
Bastion has raised $14.6 million in new financing led by Coinbase Ventures with Sony Innovation Fund and Samsung Next, pushing the stablecoin infrastructure startup’s total funding past $40 million to scale its white-label service for enterprises. Stablecoin-as-a-Service The New York–based firm, Bastion, builds Stablecoin-as-a-Service stacks that let companies issue branded digital dollars without writing code … Read more
Tether, the current heavyweight champ of stablecoin issuers, is reportedly eyeing a jaw-dropping $20 billion raise — a move that could catapult its valuation into the stratosphere at a cool half-trillion dollars. Stablecoin Issuer Tether Eyes Capital Raise Stablecoins aren’t just a sideshow anymore — since Jan. 1, 2024, defillama.com stats show the fiat-pegged crowd … Read more
Fnality announced a $136 million Series C round led by Wisdomtree, Bank of America, Citi, KBC Group, Temasek and Tradeweb, with participation from existing investors including Banco Santander, Barclays, BNP Paribas, DTCC, Euroclear, Goldman Sachs, ING, Nasdaq Ventures, State Street and UBS. The funding will scale Fnality’s regulated distributed‑ledger payment systems—built to bridge wholesale markets … Read more
Zerohash announced a $104 million Series D-2 round led by Interactive Brokers with new institutional participants including Morgan Stanley, Sofi, Apollo-managed funds, Jump Crypto, Northwestern Mutual Future Ventures, FTMO, IMC and Liberty City Ventures, alongside existing investors PEAK6, Tastytrade and Nyca Partners. The raise brings Zerohash’s total funding to $275 million and will accelerate product … Read more
Grvt just closed a $19 million Series A to fuse privacy and scale into onchain finance, pitching a zero-knowledge (ZK) exchange that makes institutional polish feel retail-friendly. Grvt’s $19M Lift Targets MEV Pain and Compliance Friction Grvt (pronounced gravity) — a decentralized exchange (DEX) and investment marketplace on the ZKsync Stack — says the round … Read more
