financing

Bitcoin mining company IREN announced the completion of an investment-grade GPU financing totaling $3.65 billion to support its AI cloud contract signed with Microsoft.The financing includes $2.1 billion in U.S. private placement bonds and $1.55 billion in delayed draw term loans, with a combined debt cost of 6%.It is reported that this financing received an A rating from Fitch and an A (low) rating from DBRS, making it the highest-rated investment-grade GPU financing project currently publicly disclosed, and also the first GPU financing case in the U.S. private placement market.IREN stated that the financing is secured by GPU assets and related contract cash flows, which helps optimize the capital structure and supports the company in expanding AI Cloud capacity to 480MW by the end of 2026.

According to Fortune, the startup Mecka AI, which focuses on training data for robotic AI, announced the completion of a total financing of $60,000,000, including a $25,000,000 Series A round completed last November and a subsequent $35,000,000 follow-on financing. Both rounds were led by Framework Ventures, with participation from institutions such as Menlo Ventures, SV Angel, and Kindred Ventures.Mecka AI primarily collects human motion data through body sensors, iPhones, and custom hardware, including physical behavior data such as gestures and gait, to train robotic AI models.The company's founder and CEO, Josh Gao, stated that its core philosophy is to train robots using human behavior data rather than traditional teleoperation data, thereby enhancing the general capabilities of robots in the real world.It was introduced that Mecka AI was established in 2025 and currently has about 40 employees. The company claims that based on signed contracts, its annual recurring revenue (ARR Run Rate) is expected to reach $100,000,000, but it has not disclosed a specific client list.Vance Spencer, co-founder of Framework Ventures, stated that Mecka AI is one of the fastest-growing companies in the institution's portfolio.In the future, Mecka AI plans not only to provide training data but also to directly participate in the training and deployment of robotic models, promoting the commercialization of robots in real-world scenarios.

According to statistics from the tokenized asset data platform RootData, the total disclosed financing amount in the crypto primary market in May 2026 is approximately $2.21 billion, with a total of 62 financing events disclosed. In terms of the distribution of financing tracks, market funds are still mainly flowing into DeFi, infrastructure, and CeFi, while institutional attention on trading, payment, compliance, and institutional-level services continues to increase.DeFi has become the most active track this month, completing 26 financing events, covering areas such as stablecoins, liquidity protocols, on-chain trading, and yield strategies; the infrastructure track ranks second with 18 financing events, as capital continues to bet on underlying technologies, AI+Crypto, middleware, and on-chain scalability; CeFi has completed 12 financing events, although the number of events is less than DeFi, it performs outstandingly in terms of financing amount, with significant increases in large strategic financing.The top three projects by financing amount are: the parent company of the South Korean exchange Dunamu ($667 million), payment infrastructure project Reap ($600 million, acquisition), and institutional-level stablecoin infrastructure Arc ($222 million). In addition, the prediction market platform Kalshi ($200 million) and on-chain compliance company Elliptic ($120 million) also received significant financing. The top five financing projects this month totaled over $1.9 billion, accounting for about 85% of the overall disclosed financing scale.In May, multiple high-value financings were concentrated in the fields of exchanges, payment infrastructure, prediction markets, and on-chain compliance analysis. In particular, projects related to trading and institutional services such as Gemini, Coincheck, SignalPlus, Variational received financing, indicating that the market is positioning itself around the next phase of incremental funds and institutional demand.In terms of investment institutions, Kraken, Paradigm, Sequoia Capital, Coinbase Ventures, Dragonfly, HashKey Capital continue to remain active, with top capital preferring to bet on projects with clear business models and institutional service capabilities. Overall, the financing market in May shows a trend of gradually returning from high narrative-driven to infrastructure, financial services, and real demand scenarios.

The AI Agent project AIVIVE has officially completed a new round of institutional financing, with a total amount of 8 million USD. Among them, VegaVentures led the investment with 3 million USD; Greenwood Global Capital, Echo3 labs, UZ Capital, and Bluemount co-invested 5 million USD.The funds will be used for AIVIVE to launch its self-developed proprietary framework agreement (AVVP), supporting intelligent routing and coordination across data and execution environments, and comprehensively upgrading AI infrastructure. This agreement enables real-time scheduling of multi-source data and seamless interaction in heterogeneous environments, further enhancing the automation and decision-making efficiency of A to A business.

According to Viet Nam News, the Ministry of Finance of Vietnam proposed in the revised draft of the "Support Law for Small and Medium Enterprises" to allow small and medium enterprises to use digital assets, virtual assets, intellectual property, intangible assets, and future formed assets as collateral for bank loans, in order to improve the financing availability for private enterprises and technology startups.The draft also encourages credit institutions to issue loans more based on credit ratings, business plans, market expansion potential, and corporate cash flow, reducing reliance on traditional collateral such as real estate. The Ministry of Finance of Vietnam stated that this policy aims to unleash private economic resources and is consistent with Resolution No. 68 - NQ / TW.

According to Reuters, private equity giant Apollo Global Management and Blackstone Group are bringing in more investors for a debt financing deal worth approximately $36 billion to help Anthropic build its artificial intelligence infrastructure.Insiders revealed that this debt financing will be used to purchase Google-customized TPU (Tensor Processing Unit) chips, which will then be leased by Anthropic. Broadcom, which assisted Google in developing the chips, will provide guarantees for the majority of the funds in this transaction.This move is expected to become one of the largest private credit transactions in history and may also be the largest chip financing debt transaction to date. The plan aims to provide computational power support for Anthropic by leveraging Broadcom's creditworthiness.

According to official news, the AI Agent platform HolmesAI announced that its registered users have officially surpassed 4 million, and simultaneously launched a new product form called Coding Agent. This product aims to expand the application scenarios of "digital avatars" from social interactions to coding and development fields. Users can generate their own Coding Persona by importing Markdown documents and attach it to the Agent to execute development tasks.It is reported that HolmesAI has accumulated a total of $8 million in financing to date, with investors including well-known institutions such as Bitrise Capital, IBG Capital, Generative Ventures, Waterdrip Capital, and CGV Fund. HashKey Group also participated in early incubation support.The official stated that with the launch of the new product, HolmesAI has officially entered the Pre-TGE stage. From now until June 30, the platform will offer free creation benefits for Coding Agent and provide a daily quota of 100,000 Tokens for calls. In addition, HolmesAI will collaborate with Web3 ecosystem partners in the coming weeks to continuously launch multiple rounds of airdrops and limited-time benefits as part of Pre-TGE community incentive activities.

According to the official announcement, the artificial intelligence company Anthropic has completed a $65 billion Series H financing round, with a post-money valuation reaching $965 billion, surpassing its competitor OpenAI for the first time, becoming the highest-valued AI startup in the world.This financing round was led by Altimeter Capital, Dragoneer Investment Group, Greenoaks Capital, and Sequoia Capital. In addition, the company plans to expand its computing power to meet the growing demand for its Claude product and to promote the scaling of its products.

According to The Block, the self-trading platform Hypernova built on Hyperliquid has completed a $3 million pre-seed funding round, led by Lemniscap, with participation from Very Early Ventures, CMS Holdings, and Pivot Global. Several angel investors from the Hyperliquid ecosystem also participated in this funding round.The platform automates trader payments using smart contracts, aiming to address issues such as the lack of transparency in payment processes and profitable traders becoming liabilities for traditional proprietary trading firms. Hypernova can dynamically decide whether to push positions to the market based on the quality of traders. The platform is currently in a closed alpha phase and plans to publicly launch within the next two months.

According to official news, the smart DeFi assistant Otomato announced the completion of a $2 million financing led by Improbable. Otomato is a no-code Web3 automation protocol and DeFi assistant that allows users to create, monitor, and automate on-chain operations, with over 3,000 users currently.

ClawCivi.ai has completed a multi-million dollar seed round financing, supported by Trump-related funds, the Draper family fund, and others. The product enables multiple AI Agents to collaborate on tasks through the shared Skills capabilities of Agents (OpenClaw, Hermes, Manus). Its token $CLAW will officially launch on PancakeSwap at 3:00 AM (UTC+8).

Smart ring manufacturer Oura Health Oy officially submitted a confidential S-1 registration statement to the U.S. Securities and Exchange Commission on May 21, planning to go public on the U.S. stock market later this year, with Goldman Sachs and JPMorgan serving as the lead underwriters for the IPO.Ōura was founded in 2013 in Oulu, Finland, by three co-founders Petteri Lahtela, Kari Kivelä, and Markku Koskela, all of whom came from the R&D background of Nokia and global heart rate monitoring pioneer Polar. In October 2025, the company completed an E round of financing led by Fidelity Investments, raising $875 million, with a post-money valuation reaching $11 billion. Previously, the company had raised over $1.5 billion in total financing.

The European Central Bank (ECB) rejected the proposal to relax regulations on euro stablecoins, believing that such measures are too risky and could undermine financial stability and the transmission of monetary policy.Bruegel suggested at the informal meeting of EU finance ministers held in Nicosia, Cyprus, that liquidity requirements for stablecoin issuers should be lowered and that they should be allowed to access ECB funding support when necessary to combat a market dominated by dollar stablecoins and to avoid "digital dollarization." However, officials, including central bank president Lagarde, strongly opposed this, arguing that stablecoins could destabilize bank deposits, increase banks' funding costs, weaken lending capacity, and interfere with interest rate control.Although some finance ministers had mixed feelings about the proposal, several central bank officials questioned the idea of making the ECB the "lender of last resort" for stablecoin issuers. The EU is currently implementing strict regulations on stablecoins under the MiCAR framework, while the GENIUS Act passed in the U.S. in 2025 adopts more lenient rules. Currently, euro stablecoins account for only 0.3% of the global stablecoin supply, while Europe is advancing the digital euro project to enhance payment sovereignty.

Japanese yen stablecoin issuer JPYC announced that its Series B round of financing is about to be completed, with a total financing amount expected to reach approximately 5 billion yen. New investors in this round include Life Design Fund, IHD STRATEGY FUND, a fund under Awa Bank, and Meiji Yasuda Future Co-Creation Fund, among others.JPYC stated that the new financing will mainly be used for system and application development, recruitment of business expansion talent, promotion of stablecoin payment and management business, as well as the construction of M2M (machine-to-machine) payment scenarios for AI Agents. JPYC obtained a license for Japanese money transfer operators in 2025 and began issuing the stablecoin JPYC, which is pegged to the yen at a 1:1 ratio, in the same year. The company reported that within about 7 months of issuance, the number of accounts reached 18,000, with a cumulative issuance exceeding 2.5 billion yen and a total transaction volume exceeding 35 billion yen. Currently, JPYC has been deployed on four chains: Ethereum, Polygon, Avalanche, and Kaia, and has integrated with the LINE ecosystem Web3 wallet Unifi, aiming to promote the adoption of stablecoins among ordinary users in Japan.

Two informed sources revealed that CATL plans to participate in the financing activities of the domestic artificial intelligence company DeepSeek. DeepSeek's first round of financing aims for approximately 50 billion yuan, which may be completed as early as next month, and after the transaction, the company's valuation may exceed 350 billion yuan. JD.com and NetEase have also been reported to be in talks to invest, but the final investors and amounts may still be adjusted.In recent years, CATL has been accelerating its layout in the AI data center infrastructure business. In addition to power batteries, it also provides backup power batteries and energy storage systems for data centers. Earlier this month, a CATL affiliate invested $942 million in GDS Holdings and invested in the power supply system manufacturer Zhongheng Electric.Reports indicate that DeepSeek has built its own data center in Inner Mongolia and is currently recruiting data center operations and maintenance personnel in Inner Mongolia. Due to the rapid growth in AI computing power demand, the demand for energy storage and stable power supply in data centers has also increased, allowing CATL to further enter the AI infrastructure track.Previous reports stated that DeepSeek's current round of financing has attracted attention from several Chinese capital sources, including the national AI investment fund and technology giants. DeepSeek has not yet achieved large-scale revenue, but its low-cost open-source model has already created competitive pressure on companies like OpenAI and Anthropic.

The cross-chain infrastructure platform Squid has completed a $6 million strategic financing round, led by North Island Ventures, with participation from Ripple, Dialectic, Borderless, and others.It is reported that Squid was initially incubated within the Axelar ecosystem and later developed into an independent platform. Since its launch in 2023, Squid claims to have processed over $6 billion in cross-chain transaction volume, covering more than 100 blockchains, with a total of over 4 million transactions and more than 1 million users. After this round of financing, Squid's total funding amount has reached $13.5 million. The company plans to use the new funds to launch new consumer-facing products, further simplifying the process for users to access, manage, and use crypto assets across chains.

The new generation Perp DEX PopDEX has announced the completion of a $30 million financing round, led by Foresight Ventures. PopDEX is a trader-centric decentralized perpetual contract trading platform that focuses on capital efficiency, trading experience, and value distribution mechanisms, aiming to build an on-chain derivatives trading platform driven by contributions from real trading.

Web3 fintech startup Jia announced the completion of a $3 million seed round financing, with participation from Coinbase Ventures, Stellar Development Foundation, A100x Ventures, TCG, and Hashed Emergent. So far, Jia has raised a total of $7.3 million.Jia currently operates multiple decentralized lending pools and introduces liquidity through networks such as Base, Stellar, Arbitrum, and Polygon, while using stablecoins for cross-border settlements to reduce the cost and time of cross-border remittances. The new funding will be used to expand features such as business bank accounts and cash flow management.