Fundraising
Kalshi Raises $300M at $5B Valuation, Expands Prediction Markets to 140 Countries: NYT
The funding round was led by major investors including Sequoia Capital, Andreessen Horowitz, Paradigm, CapitalG and Coinbase Ventures.
Coinbase, Sony and Samsung Back $14.6M Round for Stablecoin Startup Bastion
The firm white-label stablecoin systems, enabling companies to issue digital dollars without coding or their own regulatory licenses.
Crypto Infrastructure Firm Zerohash Raises $104M in Round led by Interactive Brokers, Morgan Stanley
The raise included new participation from Morgan Stanley, Apollo-managed funds, SoFi, Jump Crypto and IMC.
Cloudburst Raises $7M Series A to Scale Off-Chain Crypto Intelligence Platform
The round was led by Borderless Capital with participation from Strategic Cyber Ventures, CoinFund, Coinbase Ventures, Bloccelerate VC and In-Q-Tel.
Avalanche Foundation Eyes $1B Raise to Fund Two Crypto Treasury Companies: FT
The AVAX tokens would be bought from the foundation at a discounted price.
Utila Raises $22M, Triples in Valuation as Stablecoin Infrastructure Demand Surges
Circle's IPO and Stripe acquiring stablecoin startup Bridge were the "bitcoin ETF moments" for stablecoin adoption, Utila CEO Bentzi Rabi said in an interview.
Jump Trading Alums Raise $20M for aPriori to Bring High-Frequency Trading Tools On-Chain
The San Francisco-based startup has secured $20 million in new funding, bringing total capital raised to $30 million.
Crypto Market Maker B2C2 Said to Be Raising up to $200M: Source
The transaction will allow majority holder SBI to reduce its stake in the crypto trading firm, the source said.
Function Raises $10M to Bring Yield to Bitcoin; Gets Backing From Galaxy Digital, Antalpha, and Mantle
With $1.5B in FBTC TVL, Function aims to transform bitcoin into a productive institutional asset.
The Open Platform Becomes First TON Unicorn Following $28.5M Raise
The developer said it was valued at a $1 billion valuation in an extended Series A fundraising.
