The transaction comes years after Ledger’s last primary raise, which valued the company at $1.5 billion in 2023.
The company struck the financing deal with New York-based The Lind Partners, an institutional fund manager.
Bernstein said Strategy could see 226% upside if bitcoin has bottomed, with STRC central to its capital model.
Separately, ParaFi has raised $325 million for its ongoing digital asset investment strategies since the beginning of 2025.
5c(c) Capital was named after the clause in the Commodity Exchange Act granting CFTC oversight of event contracts.
IDEX is a decentralized exchange that combines a traditional centralized-style order book with an automated market maker.
Bernstein analysts named Circle and Coinbase as top stablecoin proxies, citing USDC adoption and early agentic machine-payment opportunities.
Across Protocol’s recent temp check proposal raises a bigger question about the future of DAOs and tokens in crypto.
The funding highlights continued investor demand for prediction markets despite rising legal challenges and regulatory scrutiny.
The company said it is now disclosing the April 2025 funding as it moves into 'a new era of leadership and further growth.'
The structure has Forward industries leaning on short-term, low-cost debt to amplify exposure to SOL per share.
Amundi launched the $100 million Spiko Amundi Overnight Swap Fund on Ethereum and Stellar with Chainlink support.
Animoca Brands has made an investment in the AVAX token and entered a strategic partnership with Ava Labs to grow the Avalanche ecosystem.
Brahma might be able to bolster liquidity for Polymarket's lower-profile wagers that do not attract large pools of capital.
The company plans to use the funds to expand across Southeast Asia, South Asia, the Middle East, Latin America and Africa.
RedotPay, which reached unicorn status last year, is in discussions to raise up to $150 million in fresh funding, Bloomberg reported.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
GSR, one of crypto's largest market makers, has acquired token launch platform Autonomous and crypto advisory firm Architech.
The fund bought approximately $14.6M worth of Class B stock in Stripe and invested $20M in ElevenLabs by purchasing Series D preferred stock.
Mastercard said it will acquire stablecoin infrastructure firm BVNK for up to $1.8 billion to link onchain and fiat payment rails.
Ironlight’s ATS received approval from FINRA last year to support trading in both traditional and tokenized securities.
Bernstein said bitcoin’s ownership base is strengthening as ETFs and corporate treasury buyers like Strategy reshape the market.
Abra plans to go public through a SPAC merger with New Providence Acquisition Corp. III at a $750 million valuation.
Metaplanet has raised $255M from investors, with warrants potentially lifting funding to around $531M for its long-term 210,000 BTC strategy.
Buterin stated that FLI cashed out approximately $500 million from his 2021 SHIB donation, but then pivoted toward political action.
The Singapore-based company provides services that bridge traditional fiat payment rails and stablecoin settlement infrastructure.
The funding round includes new governance roles, with Tom Lee joining Eightco’s board and ARK Invest's Brett Winton serving as an advisor.
The funding coincides with Arkade adding support for digital assets, including infrastructure designed for stablecoins like USDT on Bitcoin.
Grayscale’s Avalanche Staking ETF (GAVA) has debuted on Nasdaq, offering AVAX exposure and staking rewards.
Ripple has launched a share buyback of up to $750 million at a $50 billion valuation, a source told The Block.