Fundraising
Josh Swihart's Zcash Open Development Lab raises $25 million in seed funding
The capital will be used to expand development of the Zcash (ZEC) protocol and its privacy-focused self-custodial mobile wallet, Zodl.
Kalshi, Polymarket seeking $20 billion valuations in fundraising talks: WSJ
Kalshi, approved by the Commodity Futures Trading Commission, was last valued at $11 billion, while Polymarket was valued at $9 billion.
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.
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.
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.
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.
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.
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.
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.
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.
