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Reading: Dragonfly Capital Unleashes $16M on Codex: Crypto’s Next Big Breakthrough?
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Dragonfly Capital Unleashes $16M on Codex: Crypto’s Next Big Breakthrough?

Crypto
Last updated: April 6, 2025 2:12 am
Crypto
Published April 6, 2025
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Dragonfly Capital Unleashes $16M on Codex: Crypto’s Next Big Breakthrough?

AI, Blockchain, and Fintech Startups Secure Major Funding

This week, several startups at the intersection of AI, blockchain, and fintech announced significant funding rounds.Codex led the pack, securing $15.8 million in a seed round led by Dragonfly Capital. Coinbase, Circle, Cumberland, Wintermute, and Selini Capital also participated.

Ultra, a Luxembourg-based multi-family office, received backing from NOIA Capital. The investment comes after the appointment of Gus van Rijckevorsel as CEO. The9 limited, a cryptocurrency investment firm, raised $8 million through private placements with Elune Capital, Fine Vision Fund, and Bripheno Pte. Ltd.

Ambient, an AI and blockchain project, raised $7.2 million. It uses a Bitcoin-like proof-of-work mechanism for security and a Solana-style architecture for speed. Cambrian Network, a decentralized AI finance protocol, secured $5.9 million in a seed round led by a16z’s Crypto startup Accelerator.

Mahojin, an AI and blockchain integration project, raised $5 million in a Series A round. Momentum,an early-stage startup,also raised $5 million to automate collaboration between sales teams and organizations.

Other notable crypto VC funding rounds under $5 million include the Fragmetric token sale, Collecto’s luxury investment platform, and Hana Network’s hyper-casual finance platform. Bloctopus, StakeStone, and BAI Fund each raised $1 million in seed rounds.

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