Crypto Fundraising: Who Raised How Much This Week?

Some weeks in crypto fundraising feel like a clean theme, AI everywhere, or Solana moonbags, or RWAs flooding in. This week? It’s more like a potluck dinner where everyone brought something totally different.

We’ve got Solana infra, bank rails, AI wallets, fraud trackers, music labels, and even encrypted hardware chips. Sprinkle in a few billion-dollar raises and some prediction markets for spice, and you’ve got a buffet of Web3 oddities.

Let’s dig in.

Top Fundraises This Week

Shield: $5 million

Shield is trying to make cross-border payments less painful by building a crypto neo-bank that bakes compliance right into the process.

Think exporters and importers paying in stablecoins, but without waking up to scary letters from regulators. Giant Ventures led the $5 million seed, alongside a16zcrypto and Factor Capital.

Raiku: $13.5 million

If you’ve ever used Solana during peak degen hours, you know the “will my tx go through?” anxiety. Raiku wants to kill that. Their infrastructure aims to guarantee predictable Solana transactions, smoothing out the chain’s chaotic edge.

Pantera Capital led the round, stacking $11.25 million on top of earlier funding for a total of $13.5 million.

Cloudburst: $7 million

Scams are everywhere, and Cloudburst is basically trying to be the on-chain neighborhood watch. They track suspicious flows across crypto markets in real time, flagging fraud and bad actors for both tradfi and Web3 clients.

Borderless Capital led their $7 million Series A, pushing total funding to $11 million.

Zerohash: $104 million

Zerohash is the behind-the-scenes infrastructure powering crypto features for platforms like Stripe and DraftKings. They handle the trading, custody, and rewards so companies don’t have to wrestle with regulators directly.

Interactive Brokers and Morgan Stanley led the $104 million Series D-2, valuing Zerohash at unicorn status. Think of it as AWS for crypto infra, quietly essential, rarely flashy.

Fnality:  $136 million

Fnality isn’t here for memes or DeFi farms, it’s literally building the settlement layer banks want. Born from a consortium of big names, Fnality enables 24/7 blockchain-based payments with digital cash.

Bank of America and Citi led their $136 million Series C, bringing their war chest to $310 million.

Coop Records: $4.5 million

Move over, Spotify. Coop Records is flipping the script by letting artists release tracks as tokens, split sales instantly, and even let fans vote on decisions through staking.

1kx and Nascent backed their $4.5 million round. It’s music meets crypto governance, a combo that might actually give artists power back from labels, if listeners care enough to participate.

Melee: $3.5 million

Prediction markets are getting larger, and Melee wants to make them more fun. Built on Solana, Melee lets anyone spin up a market on basically anything, from elections to which meme coin will rug next. DBA and Variant led the $3.5 million round.

Stablecorp: $3.6 million

Stablecorp is Canada’s play in the digital money game. They’re building rails for the QCAD stablecoin and APIs for finance use cases.

FTP Ventures led their $3.6 million USD raise, aimed at pushing compliant digital dollars northward.

Belfort: $6 million

Not the Wolf of Wall Street, this Belfort builds hardware accelerators for encrypted computations. Basically, it lets companies process data while it’s still encrypted, keeping it safe from insiders and servers. Vsquared Ventures led the $6 million seed.

Bastion: $14.6 million

Bastion is an enterprise platform that makes it easy for businesses to roll out custodial wallets, stablecoins, and Web3 integrations without hiring an army of devs.

Coinbase Ventures led the $14.6 million raise, bringing their total above $40 million.

Elliptic: Strategic

Elliptic is already a heavyweight in blockchain analytics, and now HSBC has invested strategically to keep it that way. Add that to earlier backing from Citi and others, and it’s clear Elliptic is becoming the compliance layer regulators trust.

Love it or hate it, there are chances they are  the reason crypto firms can argue they’re not enabling money laundering.

SegaSwap: $10 million

Solana loves its DEXes, and SegaSwap is the latest, bringing AMMs plus liquid-staked SOL pools. Sonic SVM and 10K Ventures led the $10 million seed. With staking, perps, and new liquidity tricks, they’re aiming to stand out in Solana’s crowded DEX scene.

BULK: $8 million

BULK is gunning for the gap between CEX speed and DeFi ethos. It’s a Solana-based perpetuals DEX with high-frequency order books to rival centralized exchanges.

6th Man Ventures and Robot Ventures led the $8 million seed.

Meta Summary

This week’s raises cover everything from Solana infra (Raiku, BULK, SegaSwap) to compliance-heavy plays (Fnality, Bastion, Elliptic).

Banks and big corporates are circling with huge checks, while smaller rounds chase niches like music, prediction markets, and encrypted hardware. The common thread? Web3’s going mainstream, but with an emphasis on being reliable, compliant, and… dare we say… grown-up.

Final Thoughts

It’s not every week you see both Wall Street giants and indie music labels raising under the same “crypto” banner, but that’s where we are.

From unicorn infra to $3.5 million Solana betting apps, the spectrum is wide and weird.

If the big guys keep writing checks while the builders keep experimenting, the space might actually balance maturity with innovation.

Until next time, keep your bags diversified, and may your transactions never fail.

cya!