Fundraise

STS Digital raises $30 million to expand crypto options platform
The Bermuda-based firm offers trading across 400+ cryptocurrencies with spot, vanilla, and exotic options, targeting institutional demand as crypto options open interest reaches $40 billion.

Strive proposes $150 million preferred stock sale to repay debt, buy bitcoin
The capital raise will support balance sheet restructuring and the company's bitcoin strategy.

Revolut Hits $75B Valuation in Fundraise Backed by Coatue, NVIDIA, Fidelity
Revolut is growing its crypto offerings, including a recent partnership with Polygon Labs and a MiCA license to offer crypto services across Europe.

Lighter Raises $68M at $1.5B Valuation to Take on Decentralized Derivatives Rivals: Report
Backed by Founders Fund, Haun Ventures and Robinhood, zk-rollup-powered Lighter plans to expand its institutional trading suite.

Pantera Backs TransCrypts with $15M Seed Round to Expand Blockchain Identity Platform
The funds will be used to expand the company’s credential verification system beyond employment into healthcare and education.

The Protocol: 77% of Bitcoin Holders Have Never Used BTCFi, Survey Reveals
Also: Ethereum Fusaka Upgrade on Holesky, DoubleZero Goes Live and Bee Maps Raises $42M.

Zama Raises $57M, Becomes First Unicorn Involved With Fully Homomorphic Encryption
The team said the fundraise pushes Zama’s total capital raised to over $150 million and values it at over $1 billion, making the firm the first unicorn involved with FHE.

Project Eleven Raises $6M to Defend Bitcoin From the Coming Quantum Threat
Project Eleven is also offering 1 BTC to the first team to break an elliptic curve cryptographic key using a quantum computer.

H100 Group Targets $79 Million Raise to Power Bitcoin Strategy
Blockstream CEO shares details with CoinDesk on strategic convertible loan backing bitcoin-focused treasury play.

AI's Lead Over Crypto for VC Dollars Increased in Q1'25, But Does This Race Really Matter?
Despite the crypto 'Trump bump' at the end of 2024, deal flow still favors Artificial Intelligence. But is there a new preference for AI over crypto?

