Fundraising

Stablecoin yield infrastructure project raises $13.5M in round led by Sky Ecosystem
Osero is coming with three products: Earn, App, and Foundry.

Elliptic raises $120 million backed by Nasdaq, Deutsche Bank as AI reshapes crypto security
The crypto analytics firm plans to expand its AI-powered monitoring tools as stablecoins and tokenized finance grow rapidly, CEO Simone Maini said.

Kraken parent Payward seeks fresh funding at $20 billion valuation ahead of planned IPO
The crypto exchange operator is pursuing a new fundraising round as it ramps up acquisitions across derivatives and stablecoins while laying the groundwork for a future public listing.

XO Market bets on user-generated prediction markets to rival Polymarket and Kalshi
Backed by 20VC, Picus Capital and Coinbase Ventures; XO lets users create and profit from their own prediction markets, and plans to rollout a new vault product to democratize market making.

Cango raises capital as it faces NYSE delisting risk with shares below $1
The bitcoin miner issued a $10 million convertible note and closed a $65 million insider-led round while racing to regain compliance with exchange rules.

Crypto accounting firm Cryptio raises $45 million as institutional demand accelerates
The company's platform tracks digital assets, storage locations and crypto loans, enabling financial institutions and corporations to produce accounting records and financial reports.

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.
