Fundraising

Fundraising

Finance

TRM Labs hits unicorn status in $70 million fund raise with Goldman's participation

The company's software specializes in tracing cryptocurrency transactions across multiple blockchains, catering to increasing demand from law enforcement and financial firms amid rising crypto crime.

Unicorn sculpture (Juliana Araujo the artist/Unsplash/Modified by CoinDesk)

Finance

Robinhood is investing in crypto trading platform Talos at $1.5 billion valuation

The $45 million Series B extension also includes participation from new strategic investors Sony Innovation Fund, IMC, QCP and Karatage.

Robinhood logo on a screen

Finance

Zerohash is in talks to raise $250 million at $1.5 billion valuation after walking away from Mastercard takeover

The company recently walked away from multi-billion dollar acquisition talks with Mastercard, instead opting to remain independent.

Money (Unsplash/Alexander Grey/Modified by CoinDesk)

Finance

Post-quantum crypto startup Project Eleven raises $20 million in funding round

The Series A round was led by Castle Island Ventures with participation from Coinbase Ventures.

quantum computer

Finance

VelaFi raises $20 million in Series B to expand stablecoin payments infrastructure

The LatAm-based company said the funding will support expansion across the U.S. and Asia.

Stablecoin networks (Unsplash, modified by CoinDesk)

Finance

Babylon Labs raises $15 million from a16z crypto to develop Bitcoin collateral infrastructure

Funding will be used to build and scale Babylon Trustless BTCVaults, enabling native bitcoin to be used as onchain collateral without custodians or wrapping.

Digitally altered photo of a dollar bill (Ryan Quintal/Unsplash, Modified by CoinDesk)

Finance

Strata protocol developer Frontera Labs raises $3 million in seed round

The funding will help the London-based team expand Strata, a DeFi protocol that structures onchain yields into senior and junior tranches.

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

Web3

YO Labs Raises $10M to Scale Cross-Chain Crypto Yield Optimization Protocol

The protocol automates yield generation by rebalancing capital across DeFi protocols, factoring in risk, and offers access to various assets.

Seed Funding Investment coins in a jar (Towfiqu barbhuiya/Unsplash/Modified by CoinDesk)

Finance

Cross-Chain Liquidity Protocol LI.FI Raises $29M in Series A Extension

The Berlin-based bridging and swap infrastructure provider has now raised $51.7M in total funding and processed more than $60B in onchain volume.

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

Finance

Surf Raises $15M to Build AI Model Tailored to Crypto Research

Pantera Capital led the round, with Coinbase Ventures and Digital Currency Group also participating.

Artificial Intelligence (Markus Winkler/Unsplash)