Funding Rounds

Funding Rounds

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)

Finance

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.

Scattered pile of $1 bills (Gerd Altmann/Pixabay, modified by CoinDesk)

Finance

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

16:9 Market growth, surge, rally(Mediamodifier/Pixabay)

Finance

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

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

Tech

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.

Jeff Garzik, co-founder of Hemi Labs (TEDx)

Finance

Zodia Markets Raises $18.25M to Fuel International Expansion, Stablecoin Payments

The Series A funding round was led by Pharsalus Capital and included contributions from Circle Ventures, The Operating Group and XVC Tech

Headshot of Zodia Markets CEO Usman Ahmad