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Crypto fundraising hit an all-time high of $3.48 billion in a single week, with 27 projects securing funding between October 6–12. The surge marks the strongest sign yet of venture capital returning to digital assets. Venture Capital Floods Back Into Crypto With Record Fundraising Week Crypto venture funding roared back to life this week, hitting … Read more
Falcon Finance has secured a $10 million strategic investment from M2 Capital to advance its universal collateralization infrastructure for onchain liquidity and yield. UAE’s M2 Group Leads $10M Investment in Falcon Finance’s Universal Collateral Model BVI — Falcon Finance, a decentralized finance (DeFi) protocol focused on universal collateralization infrastructure, announced a $10 million strategic investment … Read more
Intercontinental Exchange, also referred to as ICE, the owner of the New York Stock Exchange, has closed a deal to invest $2 billion in the crypto-based prediction market Polymarket. Intercontinental Exchange Snags Major Stake in Polymarket A Wall Street Journal (WSJ) report disclosed that “people familiar with the matter” noted the investment could value Polymarket … Read more
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
