Crypto Startups Secure $378M in Funding Amid Market Cautiousness
This week, crypto startups raised an remarkable $378 million across 17 deals. Despite market caution, these companies are attracting notable investments.
Fnality International led the pack with a $136 million Series C round. This regulated payment system developer has now raised $344.2 million. Westpac, Bank of America, and Citi backed the latest round.
Zerohash, a full-stack crypto-service infrastructure provider, secured $104 million in Series D funding. Fifth Third,Morgan stanley,and SoFi were among the investors.
redotpay raised $47 million in a strategic round, reaching a fully diluted valuation of $1 billion. Coinbase Ventures, Galaxy Digital, and Vertex Ventures supported this round. The project has now raised $87 million.
Other notable deals include:
- Bastion raised $14.6 million for its analytics, asset management, and stablecoin sectors.
- Raiku secured $11.25 million in a seed round for its coordination layer and infrastructure protocol.
- Smaller projects like BULK,Cloudburst,and Divine also secured funding under $10 million.
These investments show the crypto sector’s resilience and potential for growth. For more details, visit Crypto Fundraising.
