Funding Rounds

Funding Rounds

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)

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)