Josh Swihart’s Zcash Open Development Lab raises $25 million in seed funding
The capital will be used to expand development of the Zcash (ZEC) protocol and its privacy-focused self-custodial mobile wallet, Zodl.
Fundraising
Kalshi, Polymarket seeking $20 billion valuations in fundraising talks: WSJ
Kalshi, approved by the Commodity Futures Trading Commission, was last valued at $11 billion, while Polymarket was valued at $9 billion.
Utila Raises $22M, Triples in Valuation as Stablecoin Infrastructure Demand Surges
Circle’s IPO and Stripe acquiring stablecoin startup Bridge were the “bitcoin ETF moments” for stablecoin adoption, Utila CEO Bentzi Rabi said in an interview.
Deutsche Bank Invests in Blockchain Payment Network Partior
Deutsche Bank joined Partior’s Series B funding round as a strategic investor.
Partior raised a total of $80 million in the round.
Other investors in the blockchain-based clearing firm include JPMorgan, Jump Trading and Standard Chartered.
Ellipsis Labs Raises $21M to Launch ‘Verifiable Finance Blockchain’ Atlas
(Gerd Altmann/Pixabay)
Solana-Based Drift Raises $25M to Build ‘SuperApp’ for DeFi Trading
The DeFi platform plans to build an array of financial services tools, including spot and derivatives trading and a predictions market.
Sonic SVM, Gaming Project on Solana Blockchain, Plans $12.8M Node Sale
The project is taking advantage of an increasingly popular fundraising method known as “node sales” just months after a traditional $12 million fundraise.
Bridge Fundraising for Stablecoin-Based Payments Network Totals $58M: Report
Bridge, founded by Square and Coinbase alumni, recently raised $40 million in a round led by Sequoia and Ribbit.
Fabric, Startup Building ‘VPU’ Chips for Cryptography, Raises $33M
Fabric Cryptography, a startup focused on hardware, has raised $33 million in a Series A fundraising round. (Creative Commons)
Digital Assets Infrastructure Provider Parfin Raises $10M in Series A Funding
The company plans to reach $16 million by the end of a second closing.