Funding Rounds
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.
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.
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.
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.
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.
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.
RETRACTION: YZi Labs, Animoca, Gate Did Not Take Part in Standard Money Fundraising Round
A company release said Standard Money raised $8 million and named YZi Labs, Animoca, Gate and Crypto.com as participating, claims that three of the four companies denied.
Web3 Funding Hit $9.6B in Q2 Despite Fewer Deals
Venture capital is consolidating into larger, higher-conviction bets, with infrastructure projects leading the way, according to Outlier Ventures
Startup M0 Raises $40M Series B as VCs Pile Into Stablecoins: Report
M0, which has now raised almost $100 million in capital do far, declined to disclose its valuation in the funding round
Hemi Labs Raises $15M to Expand Bitcoin Programmability
The Jeff Garzik–backed network adds fresh funding as it pushes to merge Bitcoin’s security with Ethereum’s flexibility for DeFi applications.
