The new capital will primarily fund the development and public launch of Turnkey Verifiable Cloud, a secure computing product for digital assets.
Sources familiar with the matter told Bloomberg the fundraiser is expected to close in the coming weeks and the final amount might vary.
The new fund arrives as firms like Haun Ventures raise $1 billion and VC firms adapt to an AI-driven shift in capital.
The San Francisco-based firm is raising for its seventh early-stage fund and second growth fund, which are expected to be completed in the next five to six months.
The company is building an "asset-native" network designed to handle regulated financial activity at scale, targeting a market it values at $50 trillion.
The company acts as a bridge between traditional banking and digital assets, enabling faster and cheaper foreign-exchange conversions for businesses moving large sums of money.
The funding will support the introduction of an instant redemption system for onchain funds, a key hurdle for broader institutional adoption.
The Singapore-based company builds blockchain tools for financial firms and retail users, including a blockchain for tokenized securities, stablecoins, and a consumer app.
The firm now manages about $2 billion, having already raised an additional $325 million for existing crypto investment strategies since last year.
The new $1 billion investment round indicates that interest in the embattled prediction market remains.
The blockchain-based platform says it handles a third of global prediction-market volume, betting that onchain settlement and category diversification can sustain growth.
The investment round was led by Dragonfly Capital and included participation from Paradigm, Moderne Ventures, Coinbase Ventures and SBI Investment.
The decentralized wireless protocol plans U.S. expansion and new international deployments as investors back a user-owned alternative to legacy internet providers.
Donut Labs has now raised $22 million across a pre-seed and seed funding round in the last six months.
The strategic investment round was led by Yzi Labs and included participation from Gate.io, Crypto.com, and Animoca Brands.
That level would mark a more than 10-fold increase since June, when Polymarket raised $200 million at a $1 billion valuation.
The funding combines equity and project financing to connect DeFi capital with real-world electricity infrastructure
The funding round was led by Hack VC, with backing from Generative Venture, DWF Labs and others including executives from firms like Jane Street and Point72.
The company says it has grown revenue 23-fold since 2024 and now supports stablecoin-powered payments in over 170 countries.
The fresh capital will be used to distribute more devices, enhance AI models that process and update map features, and boost contributor incentives, Bee said.
The Hong Kong company is scaling stablecoin-powered cards, wallets and payout services with backing from Coinbase Ventures, Galaxy and Vertex.
ZKsync, Further Ventures, EigenCloud and 500 Global back privacy-driven DEX in push toward trillion-dollar on-chain finance
The strategic investment was led by MultiBank, Mavryk's partner in a project to tokenize over $10 billion worth of real estate in the UAE.
The new capital builds on an earlier grant from Vitalik Buterin and the Ethereum Foundation.
General Catalyst and PayPal Ventures co-led the Series A funding as Kite launches infrastructure to let AI agents transact at scale with on-chain settlement
Venture capital is consolidating into larger, higher-conviction bets, with infrastructure projects leading the way, according to Outlier Ventures
The raise brings Portal’s total funding to $92M as it pushes to make Bitcoin the anchor of tokenized and cross-chain markets.
Mo, which has now raised almost $100 million in capital do far, declined to disclose its valuation in the funding round, according to the report
The Jeff Garzik–backed network adds fresh funding as it pushes to merge Bitcoin’s security with Ethereum’s flexibility for DeFi applications.
Framework Ventures leads Series A for GPU-collateralized stablecoin protocol USD.AI