Crypto Fundraising weekly
Dates: 10 – 16, May 2026

This week's biggest funding round

Dunamu raised $670M in a funding round from Hana Financial Investments.

Dunamu is a South Korea–based fintech and blockchain company best known for operating Upbit, one of the world’s largest cryptocurrency exchanges by volume. Founded in 2012, Dunamu develops digital asset infrastructure, blockchain solutions, securities trading services, and financial data platforms. Its ecosystem includes Upbit, the Upbit NFT marketplace, and blockchain services like Luniverse (via its subsidiary Lambda256). As a major force in Korea’s digital finance landscape, Dunamu supports institutional-grade trading, compliant asset management, and enterprise blockchain adoption across Asia.

Pre-seed and Seed investment rounds

Origin Lab raised $8M in a Seed funding round from Lightspeed Venture Partners*, SV Angel, Eniac Ventures, Seven Stars, FPV Ventures, Kevin Lin.

Origin Lab is a Web3-enabled AI data marketplace that provides rights-cleared multimodal datasets for frontier AI training. The platform acquires, curates, and enriches content from video games, 3D worlds, TV, film, and animation with structured metadata, annotations, and provenance tracking. By leveraging Web3 principles around digital ownership, transparency, and creator monetization, Origin Lab connects studios and content owners with AI labs building world models and advanced AI systems, enabling ethical AI training while unlocking new revenue streams for digital asset creators.

Osero raised $13.5M in a Seed funding round from Sky (ex MakerDAO)*, Plasma*.

Osero provides stablecoin savings infrastructure, enabling apps to offer institutional-grade yield through SDK integration. It also supports tokenization, deployment, and scaling of institutional assets, powered by Sky Savings Rate and Sky Agent Network.

Charms raised $1.5M in a Pre-seed funding round from Lattice Fund, Base Ecosystem Fund, JME Ventures.

Charms is an Alive Assets platform that deeply integrates AI characters with the on-chain economy, transforming emotional engagement into tradable digital assets. The platform enables users to create, interact with, own, and monetize AI-driven characters while introducing a new model for character-based economies powered by Web3 infrastructure and community participation.

Fortune Protocol raised undisclosed amount in a Seed funding round from tbv, Cogitent Ventures, x21 Digital, Cryptogram Venture (CGV), K24 Ventures, Landscape Capital.

Fortune Protocol is a DeFi protocol building liquidity infrastructure for prediction markets. It tackles key challenges like liquidity fragmentation, inefficient pricing, and high entry barriers by improving capital efficiency and market accessibility. The platform enables users to trade outcome-based positions, speculate on future events, and hedge risk using transparent smart contracts. By combining liquidity optimization with market-driven forecasting, Fortune Protocol creates a trustless environment for efficient price discovery and scalable prediction markets.

Boundary raised $2M in a Pre-seed funding round from Galaxy Digital*, Blackwood Ventures, First Block Capital.

Boundary Finance is a DeFi infrastructure protocol and stablecoin platform building USBD, a verifiable institutional-grade stablecoin with continuous on-chain auditing of reserves, NAV, and protocol performance. The platform combines automated risk management, structured yield strategies, and portfolio optimization tools to improve transparency, compliance, and capital efficiency for financial institutions and on-chain users. Boundary Finance supports multichain DeFi operations through smart vaults, hedging mechanisms, and scalable infrastructure designed for secure and sustainable yield generation across blockchain ecosystems.

Other investment rounds

Nof1 raised $15M in a  funding round from SUI Group Holdings (SUIG)*, Karatage*.

Nof1 is an AI trading lab building Alpha Arena, a public experiment where frontier AI models from companies like OpenAI, Anthropic, Google and xAI trade autonomously in real markets using real capital. The project explores whether AI systems can learn to allocate capital under uncertainty, with a future consumer platform planned for market coding agents.

Stitch raised $25M in a Series A  funding round from Andreessen Horowitz (a16z crypto)*, Arbor Ventures, Cotu Ventures, RAED Ventures, SVC.

Stitch is a financial infrastructure platform that enables banks, fintechs, and enterprises to build and scale financial products through a unified API-first system. The platform offers modular services including payments, lending, cards, wallets, deposits, and ledger infrastructure, replacing fragmented legacy banking systems with a scalable and developer-friendly stack. Stitch focuses on simplifying financial operations, accelerating product launches, and supporting embedded finance solutions for institutions across global markets.

Turnkey raised $12.5M in a  funding round from Circle Ventures, Archetype, Bain Capital Crypto, Lightspeed Faction, Galaxy Digital, Sequoia Capital, Variant Fund.

Turnkey is a platform that provides simple APIs to securely manage private keys. It allows users to generate hundreds of wallets and sign thousands of transactions across any chain, all with flexible, programmable permissions to ensure you only sign what you want.

Onramp raised $12.5M in a Series A  funding round from Early Riders.

Onramp is a Bitcoin asset management and financial services platform built for high-net-worth individuals, family offices, corporations, and institutions seeking secure Bitcoin ownership. The platform provides multi-institution custody, Bitcoin trading, lending, IRA support, inheritance planning, stablecoin balances, and on-chain proof of reserves. With a strong focus on security, education, and reducing counterparty risk, Onramp delivers institutional-grade infrastructure for long-term Bitcoin wealth management.

Fasset raised $51M in a Series B  funding round from SBI Holdings (SBI Group), Investcorp, Arz Portfoy.

Fasset is a fast-growing onchain neobank and stablecoin-powered Islamic digital banking platform designed for emerging markets. It offers USD accounts, global payments, crypto spending cards, digital asset trading, staking, and access to tokenized real-world assets. Built fully on blockchain infrastructure, Fasset delivers interest-free financial services that bridge traditional banking and digital assets for individuals and businesses worldwide.

Gemini raised $100M in a  funding round from Winklevoss Capital.

Gemini is a U.S.-based cryptocurrency exchange and custodian bank founded by Cameron and Tyler Winklevoss in 2014. It offers a secure platform for buying, selling, trading, and storing over 70 cryptocurrencies and supports both retail and institutional clients. The platform emphasizes regulatory compliance and robust security, including offline cold storage, insurance coverage, and trust licensing. Gemini also provides services such as custody solutions, a payments app, staking, and its own stablecoin.

Backprop Finance raised undisclosed amount in a M&A  funding round from General Tensor.

Backprop Finance is an all-in-one trading terminal for Dynamic TAO (dTAO) subnet alpha tokens on Bittensor. It includes a dTAO swap terminal, subnet screener with consolidated analytics, a gamified trader leaderboard, Realized PNL tracking of subnet owner sell activity, portfolio visualization across tokens and validators, whale transaction alerts, and wallet-level monitoring.

AWARP (LADT) raised undisclosed amount in a  funding round from Animoca Brands.

AWARP is building sovereign-grade on-chain financial infrastructure for frontier and emerging markets, starting with Laos and ASEAN. The project focuses on real-world asset tokenization, regulated stablecoin settlement, cross-border payments, digital ID, and national public blockchain infrastructure. Through LADT, AWARP supports tokenization of minerals, renewable energy, and AI data center assets while strengthening on-chain clearing, liquidity networks, and compliant payment flows.

Manadia raised undisclosed amount in a M&A  funding round from AurumX.

Manadia is a low-trust data settlement and AI coordination infrastructure for Web3 and AI. It enables verifiable, privacy-preserving collaboration by connecting data verification, autonomous AI execution, transaction security, and settlement into a unified infrastructure layer.

Elliptic raised $120M in a Series D  funding round from One Peak*, Nasdaq Ventures, Deutsche Bank, British Business Bank.

Elliptic is a blockchain analytics and crypto compliance platform that helps financial institutions, exchanges, regulators, and Web3 companies detect and prevent illicit activity across blockchain networks. Founded in 2013, the company provides AML monitoring, wallet screening, transaction tracing, forensic investigations, and risk intelligence tools powered by large-scale blockchain data analytics and AI. Elliptic supports dozens of blockchains and enables organizations to manage crypto compliance, sanctions screening, and financial crime investigations in real time.

Jewel Bank raised $5M in a  funding round from Genius Group Ltd.

Jewel Bank is a Bermuda-based digital asset banking platform designed for institutions, investors, market makers, and OTC trading firms. Its planned services include multi-currency banking, fiat on/off ramps, bank-regulated stablecoins, 24/7 settlement between account holders, digital asset custody, crypto-collateralized lending, and API-based banking services. The bank states it is currently pre-launch and not yet operational.

Arc blockchain raised $222M in a Private  funding round from Andreessen Horowitz (a16z crypto)*, BlackRock, Apollo Global Management (Apollo Funds), Intercontinental Exchange (ICE), SBI Holdings (SBI Group), Standard Chartered Ventures, General Catalyst, Marshall Wace, ARK Invest, IDG Capital, HAUN Ventures, Bullish.

Arc is a stablecoin-native Layer-1 blockchain developed by Circle, designed as an "Economic OS" for the internet. Built to support institutional-grade financial applications, it features USDC-denominated gas fees, sub-second deterministic finality, opt-in configurable privacy, and native stablecoin infrastructure. Arc supports use cases including cross-border payments, tokenized assets, capital markets, FX settlement, and AI-driven autonomous value exchange. The public testnet launched in October 2025 with 100+ institutional participants including BlackRock, Goldman Sachs, Visa, and Amazon Web Services.

Capital B (ex The Blockchain Group) raised $17.9M in a  funding round from Adam Back, TOBAM.

Capital B, formerly The Blockchain Group, is a Euronext-listed Bitcoin Treasury Company based in France. Alongside holding BTC on its balance sheet, it develops solutions in data intelligence, AI, and decentralized technology. As Europe’s first Bitcoin Treasury Company, Capital B merges long-term crypto asset strategy with innovation in Web3 infrastructure and enterprise AI services.

Augustus raised $40M in a  funding round from Valar Ventures, Creandum.

Augustus is an AI-native digital bank and crypto financial infrastructure platform designed to become the “clearing bank for the AI era.” Built from the ground up around AI and cryptoassets, it provides deposits, lending, stablecoin issuance, smart payments, and institutional banking services for AI companies, digital asset firms, and financial institutions. Augustus combines on-chain finance infrastructure, digital asset management, and automated risk systems to enable efficient trading, lending, staking, and DeFi operations.

Dawn Labs raised undisclosed amount in a M&A  funding round from MoonPay.

Dawn is an AI trading agent for prediction markets that transforms users’ ideas and natural language strategies into executable code. The platform deploys autonomous agents that analyze market data, monitor signals, test strategies, and execute trades continuously across prediction markets. Dawn simplifies algorithmic trading by enabling users to build and automate market strategies without advanced coding knowledge.

* fund, that lead investment round