financing

According to Cointelegraph, the venture capital market in the cryptocurrency industry significantly cooled down in April, with the total amount of cryptocurrency VC financing dropping to $659 million, completing 63 rounds of financing, a sharp decline of 74% compared to March's $2.6 billion (84 rounds), marking the lowest monthly financing level since 2024.As of 2026, the cumulative financing amount in the cryptocurrency industry has reached $5.64 billion. Since peaking at $3.84 billion in October 2025, cryptocurrency VC financing has continued to decline, during which the total market capitalization of the global cryptocurrency market has also fallen by about 37%. In terms of sectors, DeFi protocols led with 12 rounds of financing, while blockchain services and AI-related cryptocurrency projects each completed 8 rounds. The venture capital department of market maker GSR became the most active investor in April, participating in 4 financing deals; institutions such as Tether, Animoca Brands, and Coinbase Ventures also participated in 3 transactions each.

Peter Thiel's venture capital firm Founders Fund is investing approximately $624 million in Anduril's latest funding round, making it one of the largest investors in this round.It is reported that Anduril's funding round is approximately $4 billion, with a valuation expected to reach $60 billion, led by Andreessen Horowitz (a16z) and Thrive Capital. Anduril is a U.S. AI military startup, and its founder Palmer Luckey previously launched a digital bank called Erebor with Peter Thiel, specifically designed for cryptocurrency and tech startups.

The Solana-based yield trading platform Exponent Finance announced the completion of a $5 million seed round financing, led by Multicoin Capital, with participation from Solana Ventures, RockawayX, L1D, Prelude, and Theia Blockchain, as well as several key figures from the Solana ecosystem as angel investors.It is reported that this round of financing started in May last year and was completed in August, bringing Exponent's total financing to $7.1 million. Exponent stated that the funds will be used to expand its yield trading platform and upgrade to a more complete on-chain yield infrastructure, covering the active yield management needs of the Solana ecosystem.

The prediction market startup XO Market has completed a $6 million seed round financing, with participation from 20VC, Picus Capital, Coinbase Ventures, Venture Together, and others.XO Market is positioning itself as the "YouTube of prediction markets." Traditional prediction markets rely on internal teams to plan and launch, while XO allows individuals or companies to create markets themselves, setting parameters and fees.

The DeSci project NanoVita officially announced the completion of strategic financing, with the amount not yet disclosed. This round of financing was participated in by Harbor Digital Ventures and Apus Capital, among others.It is reported that NanoVita is a decentralized science (DeSci) protocol that integrates nanotechnology, AI biological intelligence, and real-world health data, aiming to build an open and transparent health research infrastructure.In addition, NanoVita had previously completed a seed round of financing participated in by Cryptogram Venture (CGV), UDS Space, Candaq Fintech Group, and Susie Venture, as well as a Pre-A round of financing participated in by K24 Ventures, LandScape Capital, and WestLabs.

According to official news, legend.trade announced the completion of a $3.5 million seed round financing, led by Electric Capital, with participation from Amber Group and GSR Markets LTD. Its total financing amount has exceeded $5 million.According to RootData, legend.trade is a trading and competition platform based on Telegram, aimed at providing users with a seamless, fair, and efficient trading and competitive experience.

Anthropic is considering launching a new round of financing, with a potential valuation exceeding $900 billion. If the deal is reached, its valuation will surpass that of OpenAI, which completed financing earlier. Reports indicate that investors have already made offers more than double its current valuation, but negotiations are still in the early stages, and Anthropic has not accepted any offers.The company's current valuation is approximately $350 billion, primarily anchored by investments from Google and Amazon, and it is also considering an IPO as early as this October.

According to official news, the AI financial workflow platform Rogo announced the completion of a $160 million Series D financing round, led by Kleiner Perkins, with participation from Sequoia Capital, Thrive Capital, Khosla Ventures, J.P. Morgan Growth Equity Partners, and other institutions.Rogo stated that its AI system has been deployed in several top global investment banks, asset management companies, and private equity firms to enhance research, modeling, and client communication efficiency. This round of financing will be used to deepen system integration, expand on-site engineering and investment banking teams, and accelerate expansion in European and Asian markets. The company emphasized that AI is driving the "popularization and efficiency reconstruction" of high-end financial service capabilities.

According to The Block, the Solana ecosystem multi-signature protocol Squads announced the completion of a $18 million strategic financing round, led by Solana Ventures, with participation from Coinbase Ventures, Haun Ventures, L1D, and others. This round of financing is an equity round, bringing its total financing amount to $42.9 million. Squads will use the funds from this round to expand its stablecoin enterprise financial platform, Altitude.It is reported that Altitude, the stablecoin payment platform under Squads, allows businesses to conduct 24/7 global payment settlements in stablecoins through self-custody wallets, and connects to the global payment network through compliance and risk control systems.

According to CNBC, the crypto data and research platform Blockworks announced the completion of its Series A extension financing, with a post-money valuation of $192 million. This round was co-led by Parafi Capital and Reciprocal Ventures, with participation from several institutions including Coinbase Ventures, Advancit Capital, and MoonPay. Over 20 founders and operators from projects such as Solana, LayerZero, Pyth, EigenLayer, Kraken, Arbitrum, and Polygon also participated personally, though the specific financing amount has not been disclosed.The company stated that the crypto market has grown to a trillion-dollar scale without the infrastructure of traditional capital markets, but still faces issues such as data fragmentation, inconsistent disclosures, and a lack of communication mechanisms for investors. Blockworks aims to fill this gap through a "data + disclosure + investor relations" integrated framework.

According to CoinDesk, Galaxy Digital led a $20 million financing round for fintech company Fence, with participation from Parafi Capital and Crane Ventures. Fence plans to utilize blockchain, smart contracts, and tokenization technology to transform the backend processes of the $6 trillion asset-backed finance market.This round of financing will primarily be used for Fence's expansion in the U.S. market and product development. Reports indicate that a large number of structured credit transactions still rely on manual processes such as Excel, PDF, and email to complete loan tracking, collateral verification, and cash flow processing, which are inefficient and have limited transparency. Fence aims to achieve real-time data updates and automated settlements through a unified system.It is reported that Fence obtains loan data via API and uses smart contracts to automatically execute payments and cash flow distribution once conditions are met. Additionally, the company can tokenize loan shares within financing vehicles, allowing investors to transfer positions, collateralize financing, or automatically receive payments.Currently, the Fence platform manages approximately $1.5 billion in assets, with partner institutions including BBVA, BlackRock, and Fortress Investment Group. The company states that compared to the traditional processing cycle of several months, its system can complete new transaction launches within weeks.

According to Techfundingnews, the artificial intelligence application platform Certifyde announced the completion of a $2 million seed round financing, with participation from angel investors including K5 Global, Flamingo Capital, co-founder of Honey George Ruan, Ripple CEO Brad Garlinghouse, and co-founder of Nutra Roland Peralta.

Nuva Digital has completed a $5.2 million seed round of financing, led by Morgan Creek Digital, with Ulu Ventures participating. This round was completed in a single tranche and marks the company's first external financing.Nuva Digital is co-incubated by Animoca Brands and Nuva Labs (formerly Provenance Blockchain Labs) and is dedicated to building a real-world asset (RWA) yield platform, Nuva Finance. The structure of this financing round includes priced equity seed round with token purchase warrants, and the valuation has not been disclosed.

The RWA trading platform NUVA software development company NUVA Digital has completed a $5.2 million seed round financing, led by Morgan Creek Digital.NUVA is jointly created by Animoca Brands and Nuva Labs. The platform allows users to deposit with stablecoins at the click of a button, mint yield-bearing composable tokens, and provide on-chain proof of reserves, with no minimum deposit or lock-up requirements. This round of financing will be used to accelerate platform development and ecosystem expansion, including enriching the treasury market, introducing more issuers, multi-chain deployment, building institutional-grade tools, and promoting the issuance of NUVA functional tokens. The company stated that the current financing marks its transition from the early development stage to the stage of expanding TVL and user scale, aiming to address the fragmentation issue in the RWA market and create a unified entry point.

The crypto derivatives trading platform Liquid has completed a $18 million Series A financing round, led by Neo and Left Lane Capital, with participation from Haun Ventures, K5 Global, SV Angel, AntiFund, and Sunflower Capital.The company previously completed a $7.6 million seed round led by Paradigm. Liquid was founded by former Two Sigma quantitative researcher and Harvard graduate Franklyn Wang, initially as a perpetual contract aggregation platform, and has now expanded to multi-asset trading including stocks, forex, commodities, and prediction markets. The platform supports leverage of up to 200 times and integrates various asset trading, including positions from Polymarket.

According to the latest weekly report from Gate Ventures, there are signs of phased recovery at the macro level, with major stock indices showing divergent performance but overall trending upwards, and market risk appetite has rebounded. Against this backdrop, the cryptocurrency market has also rebounded, with BTC rising 6.6% and ETH rising 4.7%, recording net inflows of approximately $823.7 million and $155 million in spot ETFs, indicating a strengthening of capital inflows.The overall market capitalization increased by 5.2%, while the market capitalization excluding BTC and ETH grew by 2.6%, suggesting that the upward momentum is beginning to spread to a broader range of assets, although the pace remains relatively moderate. In terms of asset and industry dynamics, structural opportunities continue to emerge. The top 30 assets averaged a rise of 4.2%. Meanwhile, advancements in on-chain and industrial aspects continue, including the ongoing evolution of digital currency infrastructure and asset tokenization.In terms of investment and financing, a total of 12 transactions were completed last week, with a disclosed total financing amount of approximately $54.89 million, a month-on-month increase of about 31%, with funds mainly flowing into the DeFi and infrastructure sectors. Among them, JPYC completed a $17.62 million financing to promote the construction of yen stablecoin infrastructure; 3F completed a $4 million seed round financing, with investors including Gate Ventures.Against the backdrop of marginal improvement in the macro environment, the activity in investment and financing has rebounded, with funds still focusing on long-term application scenarios and underlying capability building in a volatile environment.

SOL Treasury Company Solana Company has completed a targeted issuance, issuing 3,076,922 shares of Class A common stock at a price of $2.6 per share, expecting to raise approximately $8 million (net fundraising of about $7.9 million), with Mirae Asset leading the investment and HashKey Capital participating.The company plans to use the raised funds to increase its holdings of SOL and for daily operations. In addition, the company has signed a put option agreement with the subscribers, stipulating that when certain conditions are triggered, the subscribers have the right to request the company to repurchase shares at the original subscription price plus an annualized internal rate of return of 7%.