Crypto Fundraising weekly
Dates: 06 – 12, Apr 2025

This week's biggest funding round

Hidden Road raised $1.3B in a M&A funding round from Ripple.

Hidden Road is a global credit network providing institutional-grade prime brokerage, clearing, and financing services across both traditional and digital asset markets. Operating as a conflict-free counterparty, it ensures neutrality with clients, custodians, and trading venues. The platform delivers real-time risk management and seamless access across various products and asset classes, supported by a stable capital base and proprietary infrastructure. Hidden Road recently launched its Fixed Income Prime Brokerage Platform, enhancing its offering with repo and global funding services. It also secured a MiCAR license in the Netherlands, enabling compliant digital asset services throughout the European Economic Area.

Pre-seed and Seed investment rounds

Sats Terminal raised $1.7M in a Pre-seed funding round from Coinbase Ventures*, Draper Associates*, Draper Dragon, BitcoinFi, UTXO Management, Core Ventures, Sats Ventures, Delta Blockchain Fund, Tenzor Capital, 3Commas Capital, MH Ventures, domo, Paul Taylor, Franklin Bi, Danish Chaudhry.

Sats Terminal is a Bitcoin DeFi aggregation protocol that simplifies access to decentralized financial services on the Bitcoin network. It integrates decentralized exchange (DEX) services, bridging solutions, and yield aggregation into a unified platform, enhancing user experience and liquidity.

Octane Security raised $6.8M in a Seed funding round from Archetype*, Winklevoss Capital*, Druid Ventures, Circle, Gemini Frontier Fund, Legion Capital, Duke Capital Partners, Balaji Srinivasan, Sina Habibian.

Octane is an AI-powered cybersecurity platform that provides continuous, real-time analysis of blockchain smart contracts to detect and remediate vulnerabilities before deployment. By integrating seamlessly into developers’ CI/CD pipelines, Octane accelerates secure code releases and reduces reliance on traditional audits.

Firefish raised $1.8M in a Seed funding round from MitonC fund, Braiins.

Firefish is an open lending marketplace that facilitates Bitcoin-backed loans, connecting borrowers and investors directly without intermediaries. Borrowers can secure fiat or stablecoin loans by collateralizing their Bitcoin holdings, allowing them to access liquidity without selling their assets. Investors provide funds for these loans and earn fixed interest rates, with the security of Bitcoin collateral exceeding the loan value. The platform operates on a peer-to-peer basis, ensuring transparency and security through an on-chain escrow system.

Lyzi raised $1.4M in a Seed funding round from Tezos Foundation, NYX Ventures, Christopher Grilhault des Fontaines, Jean-Luc Bernard.

Lyzi is a France-based crypto payment platform built on the Tezos blockchain, enabling seamless in-store and online transactions using over 21 cryptocurrencies. It allows consumers to pay with crypto while merchants receive fiat directly to their bank accounts. With instant Euro payouts, POS integration, and compliance-focused features, Lyzi bridges everyday commerce and digital assets.

Cap Labs raised $8M in a Seed funding round from Franklin Templeton*, Triton Capital*, GSR Markets LTD, Flow Traders, Laser Digital, IMC, RockawayX, Superscrypt, CMCC Global, Selini Capital, Caladan, Paper Ventures, Presto Labs, Fasanara Capital, Auros Global, Breed VC, Curved Ventures, Nonce Classic, Flowdesk, Spencer Noon.

CAP Labs is a DeFi protocol offering a stablecoin mechanism designed to generate high, sustainable yields. Focused on optimizing capital efficiency, CAP Labs aims to provide decentralized yield options unattainable through traditional finance. The platform combines advanced DeFi strategies to maximize stablecoin profitability and accessibility.

Libraro raised $1.3M in a Seed funding round from Ayre Ventures.

Libraro is a Web3-based platform designed for authors, readers, and publishers to connect, discover, and share stories. It offers a decentralized space where writers retain control of their work, readers explore diverse genres, and publishers find new talent. Utilizing blockchain for rights protection, Libraro empowers authors to engage with a community-driven audience, providing secure, collaborative opportunities in digital publishing.

Other investment rounds

LiveArt raised undisclosed amount in a  funding round from Jets Capital.

LiveArt is a global platform that leverages AI and blockchain technology to democratize access to the $2 trillion art and luxury market. It offers services such as tokenization of real-world art assets (RWA), fractional ownership, and data-driven market insights, empowering collectors, investors, and artists within the Web3 ecosystem.

BugsCoin raised $12M in a Series A  funding round from Becker Ventures, Castrum Capital, BullPerks, The DuckDao, Maxx Capital Official.

BugsCoin is a digital token that revolutionizes traditional point systems by integrating blockchain technology, transforming points into valuable assets. It serves as a reward system on platforms like AntTalk, a virtual investment community, enhancing user engagement through transparent and fair accumulation of rewards.

OpenZK raised $6M in a  funding round from Animoca Brands, Coinstore Labs.

OpenZK is a Layer 2 network built on Zero-Knowledge (ZK) Rollup technology, designed to enhance Ethereum’s scalability and efficiency. It uniquely integrates native ETH staking, liquid restaking, and stablecoin staking into a unified platform, offering users multiple revenue streams. OpenZK introduces a dual gas fee mechanism, allowing transactions to be paid with either ETH or its native token, enhancing flexibility and user experience.

APX Lending raised $20M in a  funding round from ​​Cypress Hills.

APX Lending is a Canada-based crypto-backed lending platform enabling individuals and institutions to borrow against their Bitcoin and Ethereum holdings without selling them. Registered with FINTRAC (Canada) and FinCEN (U.S.), APX offers personal and business loans with competitive terms, including up to 60% loan-to-value (LTV) ratios, interest rates starting at 13.99%, and flexible repayment periods ranging from 3 to 60 months. APX also provides a white-label Software-as-a-Service (SaaS) solution for financial institutions seeking to integrate crypto-backed lending into their offerings.

Meanwhile raised $40M in a Series A  funding round from Framework Ventures*, Fulgur Ventures*, Wences Casares.

Meanwhile is a life insurance company that offers policies denominated in Bitcoin (BTC). It provides a tax-advantaged way for policyholders to leverage their Bitcoin wealth and pass it on to the next generation. With guaranteed growth, liquidity options, and a focus on generational wealth transfer, Meanwhile aims to provide innovative solutions in the insurance industry using digital currencies.

Mind Network raised $750K in a Public sale  funding round from .

Mind Network is a decentralized platform that utilizes Adaptive Fully Homomorphic Encryption (FHE) to protect user data, smart contracts, and AI on Web3. It offers a Zero Trust Data Lake, providing secure storage, computation, and access control through end-to-end encryption, making it user-friendly and enhancing data security in the Web3 ecosystem.

Towns Protocol raised $10M in a Series B  funding round from Andreessen Horowitz (a16z crypto)*, Coinbase Ventures, Benchmark.

Towns is a decentralized communication protocol and application designed to empower communities to build, own, and govern their digital town squares. Leveraging Ethereum-based smart contracts, it offers end-to-end encrypted messaging, decentralized storage via distributed stream nodes, and programmable spaces that allow for customizable access, monetization, and governance. Communities can sell exclusive access to group chats, retain full ownership of their data, and establish immutable, on-chain memberships.

Gunzilla Games raised undisclosed amount in a  funding round from 1kx.

Gunzilla Games is a game development studio, known for its innovation in multiplayer gaming. They are working on Off The Grid, a cyberpunk Battle Royale 2.0 game set in a dystopian future. Gunzilla Games empowers players with their GunZ platform, which grants them ownership over in-game possessions and enables in-game item trading using blockchain technology.

DashFun raised undisclosed amount in a  funding round from Metalpha, HTX Ventures (ex Huobi Ventures), tbv, Neo Ledger Capital, Fides Capital Group Limited.

DashFun is a Web3 gaming platform that integrates AI-powered game development with blockchain technology, offering over 200 games accessible via Telegram MiniApps. It aims to lower entry barriers for Web2 players by enabling wallet-free access and credit card payments, while promoting a sustainable token economy through its native Dash Token. The platform supports cross-game NFT interoperability and enhances user engagement through social and competitive features like guild battles and PVP leaderboards.

Slingshot raised undisclosed amount in a M&A  funding round from MagicEden.

Slingshot is a decentralized, non-custodial trading platform that enables users to swap millions of cryptocurrencies and tokens across multiple blockchains, including Solana, Ethereum, Base, and Avalanche. Its mobile application offers instant token swaps, real-time price charts, and supports diverse payment methods such as debit/credit cards, PayPal, and crypto transfers.

Wunder Social raised $50M in a  funding round from Rollman Management Digital*.

Wunder is a SocialFi platform blending Web3 tech with a Web2 user experience to build an authentic, bot-free social environment. It combats content theft and data misuse through verified identities and blockchain-minted digital assets. Wunder shares ad revenue with users and supports real-world asset tokenization, enabling creators to earn and fund causes they care about.

Solix DePIN raised $29.5M in a  funding round from Eclip Foundation*.

Solix is a decentralized physical infrastructure network (DePIN) that empowers users to monetize their unused internet bandwidth through a browser extension, earning SLIX Points. Utilizing its proprietary Model Context Protocol (MCP), Solix employs AI-driven optimization to dynamically allocate bandwidth, ensuring efficient sharing without compromising user experience.

Blackbird raised $50M in a Series B  funding round from Spark Capital*, Coinbase Ventures, Andreessen Horowitz (a16z crypto), Union Square Ventures (USV), American Express Ventures (Amex).

Blackbird is a restaurant discovery and rewards platform that enables users to discover, book, and earn rewards for dining at various restaurants. Users can explore curated restaurant lists, read reviews, make reservations through the app, and earn cashback rewards for their dining experiences, which can be redeemed for future meals or other perks.

Plume Network raised undisclosed amount in a  funding round from Apollo Global Management.

Plume Network is a public blockchain for scaling RWAs, designed to provide a full-stack infrastructure for compliant deployment of any asset class. It supports activities like earning yield, borrowing/lending, trading, and speculating with leverage, while integrating compliance measures such as KYC and AML. Currently in private testnet, Plume has over 80 RWA and DeFi projects building on its network and utilizes Arbitrum Orbit for its EVM chain and Celestia for data availability, ensuring fast transactions and low fees.

DecentralGPT raised $3M in a Series A  funding round from AGICrypto Capital*, Cherry Ventures, DePIN X, Aethir, BTR Capital.

DecentralGPT is a decentralized AI large language model (LLM) inference network that supports various open-source and closed-source models. The platform leverages a distributed network of GPU nodes worldwide, enhancing computational efficiency and reducing operational costs. By processing data locally, DecentralGPT ensures user data security and privacy. Its decentralized architecture democratizes access to AGI resources, allowing global participation in AI development and innovation. Additionally, DecentralGPT integrates with DeepBrain Chain’s decentralized computing infrastructure, providing low-cost, high-performance, and privacy-protected AI inference.

MetaEra raised undisclosed amount in a Series A  funding round from Fenbushi Capital*, Amber Group, Solowin, FOMO Ventures, Klickl labs.

MetaEra is a Hong Kong-based one-stop resource aggregator for Web3, focusing on blockchain and metaverse exploration. The company pursues professional, thorough, and reliable information and data to support the Web3 community.

FastLane Labs raised undisclosed amount in a  funding round from Jets Capital.

FastLane is a hybrid Maximal Extractable Value (MEV) protocol designed to enhance the health and efficiency of blockchain networks by reducing transaction spam and improving validator rewards. Initially implemented on the Polygon network, FastLane provides an auction system that allows validators to earn additional income without the need to spam the blockchain. This system monetizes propagation bottlenecks in the peer-to-peer layer, distributing the proceeds to participating validators.

Flashy Finance (ex Life DeFi) raised undisclosed amount in a  funding round from Quantum Fintech Group.

Flashy Finance is a rebranded DeFi platform emerging from Life DeFi and Flashy Cash, offering a full suite of decentralized finance services including staking, lending, borrowing, swaps, tokenized securities, and fiat on/off ramps. It supports over 100 assets across multiple blockchains and integrates gamified UX, mobile top-ups, and gift cards. As the exclusive fiat gateway on the Lif3 blockchain, Flashy connects traditional finance with Web3, providing DeFi infrastructure-as-a-service for apps, games, and social platforms. Backed by Quantum Fintech Group, it also operates validator nodes on Lif3, reinforcing its role in the ecosystem.

* fund, that lead investment round