Crypto Fundraising weekly
Dates: 21 – 27, Sep 2025

This week's biggest funding round

Kraken raised $500M in a funding round from .

Kraken is ocryptocurrency exchange, founded in 2011. It offers a secure platform for spot and futures trading, supporting Bitcoin, Ethereum, and over 40 other digital assets. With a focus on accessibility, Kraken empowers users to invest in their financial independence. In 2020, Kraken became the first U.S. exchange to receive a license to establish a crypto bank, further expanding its services and capabilities within the digital finance space.

Pre-seed and Seed investment rounds

Divine raised $6.6M in a Seed funding round from Paradigm*, Nascent.

Divine is building a decentralized protocol designed to enhance trust in AI by making model behavior more transparent, verifiable, and interpretable. It allows developers to trace and validate AI decision-making across open-source and permissioned environments. By providing tools for inspecting model outputs, Divine supports responsible AI deployment and fosters collaboration around safer, explainable AI systems.

RockSolid raised $2.8M in a Pre-seed funding round from Castle Island Ventures*, GSR Markets LTD, Kindred Ventures, Blockchain Builders Fund (BBF), IDEO CoLab Ventures, Stanford Blockchain Accelerator (SBA), Rocket Pool, Pier Two, Chris Cable, Scott Keto, Charles Lu.

RockSolid is an on-chain insurance marketplace that enables users to protect their digital assets with parametric coverage. The platform offers crypto-native protection for assets like bridges, stablecoins, and staking protocols, ensuring fast, transparent payouts without manual claim processes. With a permissionless architecture and smart contract automation, RockSolid is designed to rebuild trust in Web3 by minimizing counterparty risk and making insurance scalable and accessible to all.

BULK raised $8M in a Seed funding round from Robot Ventures*, 6th Man Ventures (6MV)*, Chapter One, Wintermute Ventures, Mirana Ventures, Big Brain Holdings, Anatoly Yakovenko.

BULK is a high‑performance perpetuals DEX built on Solana that offers lightning-fast settlement—approximately every 400 milliseconds—and ultra‑low latency trading. It uses a custom execution architecture (“bulk‑agave”) built into Solana’s runtime, enabling order processing to bypass typical transaction queues and achieve near-instant execution.

Melee raised $3.5M in a Pre-seed funding round from Variant Fund, DBA.

Melee is a next-generation, crypto-native prediction market platform introducing “Viral Markets”—permissionless, creator-powered markets that let anyone speculate on anything from sports and politics to internet culture. Unlike traditional platforms, Melee removes centralized gatekeepers, allowing creators to launch markets and monetize their audience, while traders benefit from early and accurate predictions with asymmetric upside. Designed for real-time, culturally relevant speculation, Melee aims to become the economic layer for valuing beliefs, enabling millions of markets to emerge and resolve in sync with online conversation and global events.

Akio raised $5M in a Seed funding round from Pantera Capital*, AMD, Hasbro, Nvidia, NetEase, SBI Holdings, SIG DTI (a Susquehanna International Group Company), LD Capital, MZ Web3 Fund, B Dash Ventures.

Akio is a collection of 3,338 unique NFT characters set in a rich narrative universe defined by memory, identity, and choice. Each NFT plays an integral role in an evolving RPG experience, where character traits shape the storyline and uncover hidden mysteries. More than just a profile picture collection, Akio introduces an emotionally driven world of exploration and immersive design—blending storytelling and gameplay into a dynamic and engaging digital journey.

Raiku raised $11.3M in a Seed funding round from Pantera Capital*, Jump Crypto, Lightspeed Faction, Hashkey Capital.

Raiku is a coordination layer and infrastructure protocol built on Solana that enhances network performance, reliability, and scalability. It introduces novel transaction types, mitigates MEV, and enables customizable execution environments through features like edge compute zones, guaranteed transaction inclusion, and deterministic execution. Designed for developers and institutions, Raiku aims to make decentralized applications faster, more predictable, and resilient under load, narrowing the gap between blockchain performance and what modern real‑world apps require.

SegaSwap raised undisclosed amount in a Seed funding round from Sonic SVM, 10K Ventures.

SegaSwap is the decentralized AMM with ve(3,3) incentives model, powering liquidity across Solana + Sonic SVM.

Coop Records raised $4.5M in a Seed funding round from 1kx*, Nascent*, 1confirmation, Coinbase Ventures, Base Ecosystem Fund.

Coop Records is an on‑chain music label that lets fans, collectors, and artists share in the growth of the label through songcoins and staking. Artists release tracks as digital collectibles, and holders govern what gets released, stake song tokens to earn rewards, and participate in decisions. The label mints music via open editions, offers subscriber airdrops, and distributes real‑time payments so artists get direct, transparent income. With 150+ artists and hundreds of releases already, Coop Records blends Web3, music discovery, and community governance.

Shield raised $5M in a Seed funding round from Giant Ventures*, a16z Crypto Startup Accelerator (CSX), Factor Capital.

Shield offers compliant stablecoin and digital asset payment infrastructure for businesses. It provides business accounts that accept USDT and other crypto payments, lets users send and receive wires in fiat, and offers payment buttons and links for easy checkout integration. Shield aims to eliminate trade friction for exporters, international buyers, and wholesalers by enabling swift transactions, robust identity verification (KYC/KYB), fraud prevention, and same‑day wires—all under regulated frameworks. Low fees and fast onboarding are central to its experience.

Other investment rounds

Falcon Finance raised $4M in a Public sale  funding round from .

Falcon Finance is a synthetic dollar protocol that enables users to mint USDf—an over-collateralized stablecoin—using various digital assets. By staking USDf into sUSDf, users earn yield through institutional-level trading strategies. Backed by quant-focused engineers and powered by transparent collateralization infrastructure, Falcon aims to bridge on-chain liquidity with traditional finance while scaling into cross-chain and real-world asset tokenization.

Upbit raised undisclosed amount in a M&A  funding round from Naver.

Upbit is a global digital asset exchange that provides a secure and user-friendly platform for trading cryptocurrencies. Backed by advanced security systems and deep liquidity, Upbit supports a wide range of crypto assets and offers fiat on/off ramps in selected regions. With robust mobile and desktop platforms, Upbit enables retail and institutional traders to buy, sell, and manage digital assets efficiently.

UpTop raised undisclosed amount in a M&A  funding round from Baiya International.

UpTop is a decentralized liquidity protocol built on BNB Chain, enabling projects to bootstrap and manage liquidity pools through community participation instead of relying on traditional venture capital or manual market-making. By introducing automated, community-driven liquidity provisioning, UpTop reshapes the infrastructure of token launches and trading—fostering broader accessibility, transparency, and long-term ecosystem alignment.

RedotPay raised $47M in a Strategic  funding round from Coinbase Ventures, Galaxy Digital, Vertex Ventures.

RedotPay is a blockchain technology company focused on digital currency wallets and payment solutions. Its vision is to lead a global paradigm shift in payment methods by accelerating the acceptance of cryptocurrencies in everyday transactions and payments.

Gameshift raised undisclosed amount in a M&A  funding round from Honeycomb Protocol.

Gameshift is a developer platform by Solana Labs designed to simplify Web3 game development. It provides game studios with API-first tools to seamlessly integrate blockchain features such as in-game asset ownership, NFT minting, and crypto payments—without requiring deep blockchain expertise. Gameshift abstracts away complex wallet management, token infrastructure, and on-chain logic, enabling developers to focus purely on building engaging gaming experiences for players.

Bastion raised $14.6M in a Strategic  funding round from Coinbase Ventures*, Sony Innovation Fund, Samsung Next, Andreessen Horowitz (a16z crypto), Hashed.

Bastion is a platform that combines Web2 and Web3 technologies to enhance business possibilities in payment, entertainment, connectivity, and shopping. It offers custodial blockchain wallet APIs that streamline digital asset management, optimize transactions for efficiency, and provide comprehensive insights into user behavior. Bastion aims to bridge traditional enterprise with the power of Web3 while addressing regulatory challenges in the crypto industry.

Elliptic raised undisclosed amount in a  funding round from HSBC.

Lab raised $1.5M in a Public sale  funding round from .

Lab is an AI-native operating system for research and development teams, offering tools to streamline technical collaboration, document management, and project coordination. Designed to serve scientists, engineers, and builders working on deep tech and frontier innovation, LabPRO transforms how teams ideate, build, and share research. It integrates knowledge capture, AI-assisted documentation, structured workflows, and permissioned access—all tailored to technical innovation in areas such as biotech, climate tech, AI safety, and hard science R&D.

Stablecorp (QCAD) raised $3.6M in a Strategic  funding round from FTP Ventures*.

Stablecorp is a Canadian fintech company specializing in digital money infrastructure. Their flagship product, QCAD, is a fully fiat-reserved Canadian dollar stablecoin designed for on-chain foreign exchange, local and global payments, and other capital markets use cases. Stablecorp’s platform also includes tools for digital asset development, management, and compliance, aiming to provide bank-grade blockchain solutions.

Crossmint raised undisclosed amount in a  funding round from Circle Ventures.

Crossmint is an enterprise-grade blockchain platform offering a comprehensive suite of APIs and tools to facilitate seamless integration of on-chain functionalities. It provides wallet infrastructure, tokenization services, verifiable credentials, and payment solutions, enabling businesses and developers to build and manage blockchain applications efficiently. Crossmint supports various use cases, including NFT marketplaces, digital art tokenization, gaming, and loyalty programs, making blockchain technology accessible to a broader audience.

Fnality International raised $136M in a Series C  funding round from WisdomTree*, Bank of America*, Citi*, KBC Group*, Temasek*, Tradeweb*, Banco Santander, Barclays, BNP Paribas, DTCC, Euroclear, Goldman Sachs, ING Ventures, Nasdaq Ventures, State Street, UBS.

Fnality is a global consortium of banks developing a regulated payment system for tokenized assets, aiming to overcome the limitations of traditional payment systems in handling digital asset transactions. The platform, originally conceived as the Utility Settlement Coin (USC) Project, focuses on providing efficiency, scalability, and security for cross-border settlements, ultimately reducing counterparty risk. As a key player in enabling the growth and adoption of tokenized assets, Fnality addresses the challenges in financial markets through its innovative approach to distributed ledger technology.

Zerohash raised $104M in a Series D  funding round from Interactive Brokers*, Morgan Stanley, SoFi, Apollo Global Management, Jump Crypto, Liberty City Ventures, Nyca Partners, tastytrade, IMC.

ZeroHash is a full‑stack crypto‑service infrastructure provider that enables companies to embed and connect fiat, stablecoins, and cryptocurrencies via APIs and SDKs. It offers regulated, end‑to‑end services like custody, tokenization, payments, routing, and on‑/off‑ramps—all while managing compliance, licensing, and scalability. Their platform handles large transaction volume, supports dozens of blockchains and assets, and powers crypto services for front‑end platforms like fintechs, brokerages, and payment providers. They focus on making crypto products simple to launch, secure, and compliant globally.

Cloudburst raised $7M in a Series A  funding round from Borderless Capital*, Strategic Cyber Ventures (SCV), CoinFund, Coinbase Ventures, Bloccelerate, InQTel.

Cloudburst is a cybersecurity company specializing in threat intelligence and data API products that help identify and combat market manipulation and fraud in the cryptocurrency space. Their solutions provide real-time monitoring, powerful tools, and structured social metadata to track and detect fraudulent activities, specifically focusing on price manipulation and pump and dump schemes within the crypto market.

Stable raised undisclosed amount in a  funding round from PayPal Ventures.

Stable is a Layer 1 blockchain designed for stablecoin-native applications, with USDT (Tether) as its gas token. It enables zero-fee peer-to-peer USDT transfers and supports smart contracts operating directly in stablecoins. Stable’s USDT0 mechanism facilitates cross-chain USDT transfers without bridges. The architecture provides a gas-less experience, built-in fiat on-ramps, and enterprise-grade throughput—targeting cross-border payments, treasury operations, FX, and institutional use cases.

USD AI (Permian Labs) raised $4M in a  funding round from Bullish.

USD.AI, built by Permian Labs, is a GPU-collateralized stablecoin lending protocol tailored for AI startups. It issues USDai, a dollar-pegged token, and sUSDai, a yield-generating variant, allowing compute power (GPUs) to serve as collateral.

Hana Network raised $3M in a Public sale  funding round from .

Hana Network is a P2P marketplace powered by Hyperliquid, providing mobile exchange including no-kyc on/off ramp, casual trading and farming.

* fund, that lead investment round