Crypto Fundraising: Who Raised How Much This Week?

October is closing with a vibe shift, we literally now have less “degen casino,” more “corporate blockchain.” The week’s fundraising lineup brought programmable banks, verified finance platforms, and even a Bitcoin-hoarding health company (because why not?).

Stablecoins are still the star of the show, but they’re getting more polished, think Wall Street in a hoodie, (cool right?).

Let’s break down who’s building what, and why the more traditional, regulated side of crypto might be starting to make sense.

Top crypto fundraises this week

Pave Bank: $39 Million

Pave Bank raised $39 million in a Series A led by Accel, with Tether Investments jumping in for good measure. Total funding now sits north of $44 million, and their mission seems pretty clear: make banking programmable.

They’re building a regulated platform where stablecoins, CBDCs, and tokenized real-world assets can move seamlessly under one roof. Basically, it’s TradFi meets DeFi, except with better compliance and fewer rugs (i guess…).

Accountable: $7.5 Million

Accountable secured $7.5 million from Pantera Capital and OKX Ventures to expand its proof-of-reserves and yield verification platform. In plain English, they’re building a system where investors can actually trust that their money exists.

In the post-FTX era, “trust but verify” has become the new crypto mantra. Accountable makes that verification part automatic, whether it’s a fund’s assets or a yield protocol’s vaults. Basically a pitch of transparency, without the headaches.

Standard Economics: $9 Million

Standard Economics also bagged $9 million in a seed round led by Paradigm and Lightspeed. Their mission? Bring cheap, stablecoin-powered money transfers to the unbanked, the people TradFi forgot.

Instead of remittance apps charging double-digit fees, Standard’s tech uses stablecoins for instant, low-cost payments across borders. It’s the kind of quiet innovation that could make stablecoins genuinely useful in places that need them most, not just on-chain degen farms (if you know what i mean).

ZAR: $12.9 Million

ZAR raised $12.9 million in a round led by a16z Crypto, with Coinbase Ventures and a few others backing the move. Their app turns physical cash into digital dollars through local merchants and lets users spend via Visa, a massive on-ramp for emerging markets like Pakistan and Africa.

Tbh, it seems like practical crypto at its best: no jargon, no speculation, just tools for people who need stable money and access to global currencies. In short, this is stablecoin adoption with real-world receipts.

Prenetics: $48 Million

Who knew wellness and Bitcoin would end up in the same sentence?

Prenetics, the Nasdaq-listed biotech company, raised $48 million in post-IPO equity led by Dominari Securities, with help from Kraken and, surprisingly, David Beckham. The plan? Accumulate Bitcoin using company cash flow through a “Bitcoin flywheel” model.

It sounds wild, but this hybrid of healthcare and hard money might actually make sense. If Bitcoin appreciates, they fund more research and development (R&D); if not, at least they’re part of the treasury revolution. Afterall, corporate BTC stacking is officially becoming a mainstream business strategy atp.

Loon: $3 Million

Loon raised $3 million CAD ($2.16 US dollar)  in pre-seed funding led by Version One Ventures to build a regulated Canadian dollar-backed stablecoin.

The idea is to cut down on USD dependency and give Canada its own digital cash. It’s a symbolic move showing that stablecoin nationalism is a thing now.

Hercle:  $60 Million

Rounding off the week, Hercle raised $60 million, a mix of $10M equity and $50M credit,  in a round led by F-Prime Capital. They’re building infrastructure that lets fiat, stablecoins, and digital assets move globally in real time.

Think of it as the plumbing behind the next-gen payment systems, i won’t say flashy, but essential perhaps. It’s the sort of thing that makes crypto usable at scale, the kind of “boring but necessary” tech that institutions quietly love.

Meta Summary

This week’s funding was all about legitimacy, programmable banking, verifiable trust, real-world stablecoin use cases, and infrastructure that doesn’t break under regulation.

The vibes? Professional. It’s less “number go up,” more “let’s make this industry functional.”

Crypto’s finally learning to wear a suit, but still keeping sneakers on under the desk.

Final Thoughts

As 2025 winds down, the money seems to be flowing toward structure, not speculation. Banks are getting programmable, compliance is going on-chain, and public companies are turning Bitcoin into balance sheet ballast.

It’s not the loudest phase of crypto, but it might be the most important one. Until next time, keep your keys safe, your yields verified, and your bags responsibly diversified.

cya!