Funding Rounds
A16z, Paradigm lead $175 million bet to move global credit markets onchain
Morpho secured $175 million from Paradigm, a16z crypto and Ribbit as the lending protocol seeks to become foundational infrastructure for onchain credit markets.
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.
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.
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.
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.
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.
