104M

Crypto startups secured close to $380 million across 17 deals in the week of Sept. 21–27, led by Fnality’s $136 million Series C and Zerohash’s $104 million Series D.

Strategic raises and early-stage funding rounds, compiled using Crypto Fundraising‘s database, are adding to the total despite broader market caution.

Summary

Crypto startups raised $378M this week across 17 deals despite market caution
Fnality led with $136M Series C; Zerohash followed with $104M Series D raise
RedotPay hit $47M strategic funding; multiple seed deals boosted the total

Here’s a detailed breakdown of this week’s crypto funding activity:

Fnality International

Raised $136 million in a Series C round
Fnality International is developing a regulated payment system
The investment was backed by Westpac, Bank of America, and Citi
The project has raised $344.2 million so far

Zerohash

Zerohash secured $104 million in a Series D round
The project is a full‑stack crypto‑service infrastructure provider
Investors include Fifth Third, Morgan Stanley, and SoFi

RedotPay

RedotPay raised $47 million in a Strategic round with a fully diluted valuation of $1 billion
The investment was backed by Coinbase Ventures, Galaxy Digital, and Vertex Ventures
The project has raised $87 million so far

Bastion

Bagged $14.6 million in a Strategic round
Bastion is operating in analytics, asset management, data service, and stablecoin sectors
Investors include Coinbase Ventures, Sora Ventures, and Samsung Next
Bastion has raised $39.6 million so far

Raiku

Raiku raised $11.25 million in a Seed round
Backed by Pantera, Jump Capital, and Lightspeed Faction
Raiku is a coordination layer and infrastructure protocol built

Projects < $10 Million

BULK, $8 million in a Seed round
Cloudburst, $7 million in a Series A round
Divine, $6.6 million in a Seed round
Shield, $5 million in a Seed round
Akio, $5 million in a Seed round
Coop Records, $4.5 million in a Seed round
Falcon Finance, $4 million in a Public sale
USD AI (Permian Labs), $4 million in an unknown round
Stablecorp (QCAD), $3.6 million in a Strategic round
Melee, $3.5 million in a Pre-seed round
Hana Network, $3 million in a public sale with $400 million fully diluted valuation
Lab, $1.5 million in a Public sale

Source link

ZeroHash, a crypto and stablecoin infrastructure provider, has raised $104 million in a Series D-2 round led by Interactive Brokers (IBKR), valuing the company at $1 billion.

The raise included new participation from Morgan Stanley (MS), Apollo-managed funds, SoFi (SOFI), Jump Crypto, Northwestern Mutual Future Ventures, FTMO, IMC and Liberty City Ventures, alongside existing backers PEAK6, tastytrade, and Nyca Partners, the company said in a press release Tuesday.

The fresh capital brings ZeroHash’s total funding to $275 million and will fuel product expansion, talent growth, and its ambition to become “the AWS of on-chain infrastructure,” CEO and founder Edward Woodford said in the release.

The raise marks the first crypto and stablecoin investments for several big players, signaling growing demand from financial institutions to build on-chain solutions at scale.

Founded in 2017, Zerohash provides APIs and embeddable developer tools that enable financial institutions and fintechs to offer crypto, stablecoin and tokenization products.

Its platform already powers solutions for Interactive Brokers, Stripe, BlackRock’s BUIDL fund, Franklin Templeton and DraftKings, serving more than 5 million users across 190 countries.

The fundraising comes as demand for enterprise-grade crypto infrastructure grows, with more financial institutions seeking to offer tokenized assets, stablecoins and on-chain settlement at scale.

Read more: Morgan Stanley Crypto Trading Ambitions Drawing Nearer: Bloomberg