This week, 22 blockchain startups raised a total of $1.2 billion in funding.
Circle raised $1.1 billion in a round of IPO financing.
Circle is a global financial technology company that provides a range of products and services related to digital assets. Its flagship product USD Coin (USDC) is a stablecoin pegged to the US dollar and fully backed by cash and US Treasury bonds. Circle also provides cryptocurrency exchanges, payment processing services, and financial tools for enterprises, making it a popular choice for individual users and enterprises that want to access digital assets safely and efficiently.
IOST raised $21 million in a strategic funding round from investors including DWF Labs, Presto Labs, and Rollman Management Digital.
IOST's RWA 3.0 introduces a modular framework that splits real-world assets into principal tokens (P‑Tokens) and yield tokens (Y‑Tokens), thereby enhancing on-chain programmability and composability. This approach allows for independent trading, staking, and integration into DeFi strategies, transforming static asset performance into dynamic financial instruments. IOST's high-performance EVM-compatible multi-chain architecture supports customizable subnets for compliant and scalable deployment in different jurisdictions. With Japanese regulatory approval and collaboration with partners such as DigiFT, IOST is committed to building a bridge between traditional finance and DeFi, providing compliant and efficient real-asset tokenization infrastructure.
Reveel (Reva) raised an undisclosed amount in a strategic round of financing from Taisu Ventures, AccVentures, XVC (XDC Ventures), Zemu VC, Subvisual, TopTradersbyTV, Nexus Fusion Capital, Connectico Capital.
Reveel is a Web3 native payment infrastructure platform that simplifies global stablecoin transactions through its universal Pay(ID) system. Users can receive stablecoins from any chain, and the funds will be automatically settled in their preferred currency and wallet. Reveel’s AI-powered agent, Reva, enables seamless P2P payments across social media, messaging apps, and more, making crypto transactions as easy as sending a message. The platform also provides developers with an API to integrate Pay(ID) into applications, promoting interoperability and frictionless payments across the Web3 ecosystem.
HeyElsa raised $3M in a funding round from M31 Capital*, Base Ecosystem Fund, MH Ventures, Absoluta Digital, 2Shares, Levitate Labs.
HeyElsa is an AI-powered crypto “co-pilot” tool that simplifies blockchain operations through natural language commands. Users can perform tasks such as token swaps, staking, portfolio management, and more across multiple EVM-compatible networks such as Ethereum, Base, and Solana. Its intent recognition engine and scriptable automation capabilities make it easy for users to complete complex DeFi operations.
OneKey raised an undisclosed amount in a round of funding from YZi Labs (formerly Binance Labs).
OneKey is a decentralized multi-chain crypto hardware wallet with product lines including OneKey Swap, OneKey desktop, browser plugins and mobile apps, covering digital asset management needs in multiple scenarios.
Momentum (MSafe) raised an undisclosed amount in a strategic round of funding from OKX Ventures (formerly OKEx Blockdream Ventures)*, Coinbase Ventures, Protagonist, Gate Ventures, MEXC Ventures, KuCoin Ventures, DNA Fund, MonkeVentures, MultiChain Advisors Inc., Lark Davis, Nom.
Momentum (formerly MSafe) is the core liquidity engine of the Move ecosystem, built on Sui and Aptos, integrating advanced DeFi tools such as decentralized exchanges (DEX), multi-signature vault management, token vesting and liquidity provision. Through the ve(3,3) economic model, it optimizes capital efficiency and improves transaction accessibility.
Shiga Digital raised an undisclosed amount in a round of financing, with Tether as an investor.
Shiga Digital is a blockchain-powered African stablecoin banking service platform that provides tools such as over-the-counter trading, foreign exchange conversion, virtual accounts and vault management, enabling businesses and individuals to use USDT and other stablecoins for global transactions. Backed by Tether, Shiga is committed to providing real-time, non-custodial financial services in areas with underdeveloped banking infrastructure.
Gatenox raised an undisclosed amount in a round of M&A financing, with Zebec Network as an investor.
Gatenox is a Web3-native, one-click AML/KYC and KYB solution that simplifies compliance and onboarding for enterprises and SMEs in the crypto market. Its AI-driven Compliance Cloud automates identity verification, sanctions list screening, and ownership review, aiming to become an identity node for exchanges, fintechs, and banks. Gatenox has been integrated with blockchain platforms such as NEAR and Aleph Zero.
Stable raised an undisclosed amount in a round of funding from investors including Bitfinex and USDT0.
Stable is a Layer 1 blockchain with stablecoins as its native asset, using USDT as a fuel token, supporting zero-fee peer-to-peer USDT transfers and smart contracts that use stablecoins directly. Its USDT0 mechanism enables cross-chain USDT transfers without bridging. The architecture provides a gas-free experience, built-in fiat channels, and enterprise-level throughput, targeting cross-border payments, treasury operations, foreign exchange, and institutional scenarios.
Rails raised $14M in a funding round from investors including Kraken Ventures, Slow Ventures, CMCC Global, Quantstamp, Round13 Capital.
Rails is a self-custodial crypto exchange that optimizes trade execution through a centralized order book while leveraging blockchain for a transparent fund custody solution. This innovative approach provides users with full fund visibility while improving security and trust.
Shards Protocol (Aura) raised $2M in a funding round from investors including Animoca Brands, Kyber Ventures, Yield Guild Games (YGG), Eden Holdings (ED3N Ventures), FireX Capital, Zaiken Ventures, BasedVC Fund, Gabby Dizon.
Aura (by Shards Protocol) is a decentralized reputation layer that converts users’ on-chain behaviors — such as staking, trading, and community participation — into verifiable reputation scores and rewards. By visualizing historical transaction data, Aura helps identify and incentivize meaningful contributions in the Web3 ecosystem.
Variational Raises $1.5M in a Strategic Funding Round from Mirana Ventures, Caladan, and Zoĸu Ventures.
Variational is a peer-to-peer trading protocol focused on perpetual contracts and general derivatives. Its flagship app, Omni, allows users to trade thousands of leveraged perpetual contracts, including meme coins, pre-launch tokens, and prediction markets. Omni brings together centralized exchanges, decentralized exchanges, DeFi, and OTC liquidity to provide retail investors with deep liquidity and a fair trading environment. Variational’s decentralized protocol also opens APIs for developers to build custom trading solutions.
HashPower raised $4 million in a strategic funding round from investors including Hashkey Capital*, FBG Capital, Hailstone Labs, and DePIN X.
HashPower is a decentralized mining and staking platform that brings traditional mining operations on-chain, allowing users to earn income without having to provide their own hardware. Users deposit assets such as USDT, protocol tokens, or GPUs, and receive HPX tokens representing their share of the HashPower mining pool. The platform allocates resources to offline mining farms and provides real-time transparency through on-chain oracles, supporting the AI, DePIN, and real-world asset (RWA) sectors, aiming to popularize the use of blockchain infrastructure.
Soul Labs raised $6 million in a public sale.
Soul Protocol is a decentralized platform that combines cross-chain lending with an AI-driven identity and reputation system. As a unified full-chain liquidity layer, it facilitates seamless lending and borrowing on multiple chains including Ethereum, Avalanche, Arbitrum, Optimism, and Base. Users can mint Soulbound Tokens (SBT) to build verifiable on-chain identities, enhancing trust and cyberattack resistance in DeFi applications.
Web3 Career raised an undisclosed amount in a round of M&A funding from Bondex.
Web3.career is a career platform for blockchain, crypto, DeFi, NFT, DAO, etc., providing job seekers and employers with job information covering a variety of positions including engineering, design, marketing, product, etc., supporting multi-chain ecosystems such as Ethereum, Solana, Polkadot, etc.
OrionX raised an undisclosed amount in a round of funding from Tether.
OrionX is a Chile-based crypto exchange that offers local wallet services and plans to expand to Peru, Colombia, and Mexico, aiming to reach one million users by 2024. OrionX offers the lowest trading fees in the Chilean market, with rates dynamically adjusted based on user trading volume.
Avantis Raised $8M in Series A Funding from Pantera Capital*, Founders Fund*, SALT Fund, Symbolic Capital (formerly Hyperedge Capital), and Flowdesk.
Avantis Finance is a DeFi protocol focused on leveraged trading of crypto and FX, using a unique dynamic risk stratification system to protect traders from volatile price swings. Avantis Finance has the potential to revolutionize the crypto trading space through a decentralized, transparent, and efficient approach.
Web3Auth Raised Undisclosed Amount in an M&A Funding Round from ConsenSys.
Web3Auth is a pluggable, non-custodial Web3 application and wallet authentication infrastructure that enables seamless user onboarding through social login, native platforms, wallets, and passkeys. It eliminates mnemonics, standardizes key management, and improves accessibility for mainstream and crypto users while ensuring security and decentralization.
LayerEdge raised $1 million in a public sale.
LayerEdge enhances Bitcoin's functionality through optimistic rollups and a hybrid modular data availability layer (DA), introduces an EVM environment, creates a powerful decentralized application framework for developers, and revolutionizes Bitcoin's programmability and scalability.
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