A16z, Paradigm lead $175 million bet to move global credit markets onchain
Morpho secured $175 million from Paradigm, a16z crypto and Ribbit as the lending protocol seeks to become foundational infrastructure for onchain credit markets.
Funding Rounds
SBI, Sony back Startale’s $63 million push to expand Japan’s tokenized finance stack
The Singapore-based company builds blockchain tools for financial firms and retail users, including a blockchain for tokenized securities, stablecoins, and a consumer app.
Kalshi valuation doubles to $22 billion in latest funding round: Bloomberg
The new $1 billion investment round indicates that interest in the embattled prediction market remains.
Web3 Funding Hit $9.6B in Q2 Despite Fewer Deals
Venture capital is consolidating into larger, higher-conviction bets, with infrastructure projects leading the way, according to Outlier Ventures
AI Project Donut Raises $7M Pre-Seed Funding to Build Agentic Crypto Browser
The browser is designed to help its users transact, trade and earn in real time “like a terminal.”
Bitcoin Project Roxom Global Raises $17.9M to Build BTC Treasury, Create Media Network
RoxomTV is being built as a media network backed by a 100% bitcoin treasury and currently holds 84.72 BTC
Wallet Infrastructure Provider Privy Raises $15M to Develop Crypto Onboarding Rails
The company said the investment takes its total funding to over $40 million
Bitcoin OP_CAT Proposal Gets Boost From Taproot Wizards’ $30M Fundraise
Taproot Wizards will use the funding to build an ecosystem of applications using the OP_CAT Bitcoin improvement proposal
Aviation DePIN Network Wingbits Raises $5.6M for Decentralized Flight Tracking
Wingbits’ aim is to offer rewards-based flight tracking using cryptographically-secured ADS-B receivers.
Crypto Bank Sygnum Gets Unicorn Status With $58M Round
The Zug and Singapore-based lender closed the oversubscribed “strategic growth round,” which was led by BTC-focused venture capital firm Fulgar Ventures