Funding Rounds

Funding Rounds

Finance

Turnkey raises $12.5 million in round backed by Circle Ventures and Sequoia Capital

The new capital will primarily fund the development and public launch of Turnkey Verifiable Cloud, a secure computing product for digital assets.

Stacks of 100 dollar bills (Dmytro Glazunov/Unsplash/Modified by CoinDesk)

Finance

Canton Network’s Digital Asset targets $2 billion valuation in a16z crypto-led raise: Bloomberg

Sources familiar with the matter told Bloomberg the fundraiser is expected to close in the coming weeks and the final amount might vary.

Blocky structures linked by rays of light.

Finance

Andreessen Horowitz raises $2.2 billion in a new fund, saying crypto fundamentals are at an 'all-time high'

The new fund arrives as firms like Haun Ventures raise $1 billion and VC firms adapt to an AI-driven shift in capital.

Chris Dixon of a16z at Consensus 2024. (Jesse Hamilton/CoinDesk)

Finance

Coinbase backer Blockchain Capital hunts $700 million for new funds

The San Francisco-based firm is raising for its seventh early-stage fund and second growth fund, which are expected to be completed in the next five to six months.

Blockchain Capital Co-Founders Bart Stephens and Brad Stephens (Blockchain Capital)

Finance

RWA network Pharos lands a $1 billion valuation in $44M funding round ahead of mainnet debut

The company is building an "asset-native" network designed to handle regulated financial activity at scale, targeting a market it values at $50 trillion.

Stacks of 100 dollar bills (Dmytro Glazunov/Unsplash/Modified by CoinDesk)

Finance

Forex startup OpenFX raises $94 million to expand stablecoin-powered cross-border payments

The company acts as a bridge between traditional banking and digital assets, enabling faster and cheaper foreign-exchange conversions for businesses moving large sums of money.

Stacks of 100 dollar bills (Dmytro Glazunov/Unsplash/Modified by CoinDesk)

Finance

Midas raises $50 million to tackle pain point for tokenized asset investors

The funding will support the introduction of an instant redemption system for onchain funds, a key hurdle for broader institutional adoption.

Dennis Dinkelmeyer, CEO and co-founder of Midas (Midas)

Finance

SBI, Sony back Startale’s $63 million push to expand Japan’s tokenized finance stack

The Singapore-based company builds blockchain tools for financial firms and retail users, including a blockchain for tokenized securities, stablecoins, and a consumer app.

Japan flag in front of a building (Roméo A./Unsplash)

Finance

ParaFi defies crypto market downturn with $125 million raise for new fund: Bloomberg

The firm now manages about $2 billion, having already raised an additional $325 million for existing crypto investment strategies since last year.

Scattered pile of $1 bills (Gerd Altmann/Pixabay)

Finance

Kalshi valuation doubles to $22 billion in latest funding round: Bloomberg

The new $1 billion investment round indicates that interest in the embattled prediction market remains.

Kalshi co-founders Luana Lopes Lara and Tarek Mansour (Kalshi)