Crypto Startups raise $378M Amid Market Cautiousness
this week,crypto startups secured nearly $378 million through 17 funding deals. Despite market caution, these companies are attracting meaningful investments.
Fnality International led the pack with a $136 million Series C round. This regulated payment system is backed by major banks like westpac, Bank of america, and Citi. So far, Fnality has raised $344.2 million.
Zerohash followed closely with a $104 million Series D raise. As a full-stack crypto-service infrastructure provider, it has attracted investors such as Fifth Third, Morgan Stanley, and SoFi.
RedotPay hit a $47 million strategic funding round, valuing the company at $1 billion. Backed by Coinbase Ventures, Galaxy Digital, and Vertex Ventures, RedotPay has raised $87 million to date.
Other notable deals include:
- Bastion raised $14.6 million for its analytics and asset management services.
- 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 that despite market uncertainties, crypto startups continue to attract significant funding. For more details, visit Crypto Fundraising.
