Kite Raises $18M Series A to Build Agentic Web Infrastructure With Stablecoin Payments

Kite has raised $18 million in a Series A round led by Paypal Ventures and General Catalyst, bringing total funding to $33 million, the San Francisco–based startup announced. Formerly Zettablock, Kite builds foundational trust infrastructure for the “agentic web,” and today launched Kite AIR, a suite providing programmable agent identities, native stablecoin payments and policy … Read more

Apriori Raises $20M to Build Institutional-Grade Onchain Trading Infrastructure

Apriori Network Inc. announced that it has raised $20 million in a strategic funding round led by prominent participants including Hashkey Capital and Pantera Capital Management LP, with additional support from Primitive Ventures, IMC Trading, GEM Labs, Gate Labs, Ambush Capital and Big Brain Collective. Founded in 2023 by former quants and engineers from Jump … Read more

Mesh Funding Tops $130M to Expand Crypto Payment Infrastructure

Mesh announced it obtained additional funding on Aug. 14, 2025, with Paypal Ventures among the key investors. The capital raise brings the company’s total funding beyond $130 million. Mesh Bolsters War Chest With Investor Injection Investors in this round include Paypal Ventures, Coinbase Ventures, Uphold, Mirana Ventures, SBI Investment, Overlook Ventures, Kingsway Capital, Moderne Ventures … Read more

Galaxy Reports Challenging Crypto Fundraising Environment

Crypto venture capital investment fell sharply to $1.97 billion in Q2 2025, a 59% quarterly decline, according to Galaxy Digital Research. The firmwide research head Alex Thorn noted the drop partly reflects an abnormal $2 billion investment in Binance during Q1 by UAE’s MGX fund; excluding that deal, the decline would have been 29%. Galaxy’s … Read more

Bitcoin Miner Core Scientific Announces $350 Million Convertible Senior Notes Offering

Core Scientific, Inc., a prominent digital infrastructure provider for bitcoin mining, has revealed its intent to issue $350 million in convertible senior notes. This offering is anticipated to close in September 2029, with the raised capital earmarked primarily for debt repayment and other corporate necessities. Core Scientific Unveils Convertible Notes Offering, Eyes Debt Repayment On … Read more

Report: Pantera Capital Eyes Fresh Funds for New TON Token Investment

Pantera Capital, an American investment firm, is reportedly preparing to raise funds for a new investment in toncoin (TON). This news follows Pantera’s earlier significant investment in TON, marking one of its largest investments to date. Pantera Capital Plans New Investment in TON Blockchain This week, theblock.co journalist Yogita Khatri revealed that Pantera is soliciting … Read more