Standard Chartered and SBI back crypto insurer Soter as funding reaches $23.5 million
Soter also received backing of 500 BTC and 2000 ETH, worth another $43 million at current prices.
Funding Rounds
Sam Altman-backed bitcoin insurer Meanwhile secures $37.5 million in Bain Capital Crypto-led round
Meanwhile has signed 15 brokers serving high-net worth clients across markets iSwitzerland, Singapore, Hong Kong and the UAE.
SBI Group backs payments firm dtcpay in $25 million funding round
Stablecoin payments company dtcpay completed a $25 million Series A funding round with a strategic investment from Japan’s SBI Group.
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.
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