Three entities — Upshift, Clearstar, and Flare — have jointly launched earnXRP, a new product that allows users to earn yield denominated in XRP.
The project previously raised an unannounced pre-seed round of about $5 million in mid-2024, founder Kevin Lepsoe told The Block.
RedotPay says it processes over $10 billion in annualized volume and generates more than $150 million in annualized revenue.
Kalshi has tapped Solana to move its prediction markets onchain and enable permissionless monetization of its "global liquidity pool."
Investors participating in the round include Sequoia, CapitalG, a16z, Paradigm, Anthos Capital, and Neo, according to TechCrunch.
“Harmonic brings Solana closer to being the onchain Nasdaq,” Harmonic co-founder Jakob Povšič told The Block.
Iggy Azalea is migrating her MOTHER memecoin to Thrust, a new Solana-based token launchpad attempting to eliminate pump-and-dumps.
Zynk raised $5 million in a seed round led by Hivemind Capital, with participation from Coinbase Ventures, among others.
In the latest sign of crypto consolidation, Aave Labs acquired Stable Finance, the development team behind a consumer-friendly savings app.
OpenSea is pivoting towards multi-chain crypto trading aggregation, letting users swap NFTs, memecoins, and tokens across 22 blockchains.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The firm may still opt to remain private as discussions are ongoing, people familiar with the matter told Bloomberg.
Citi Ventures has made a strategic investment in BVNK, a company providing stablecoin infrastructure for enterprises.
Walmart-backed OnePay is reportedly preparing to add bitcoin and ether trading and custody to its mobile banking app.
Lava has also launched a new dollar yield product, currently offering up to 7.5% APY on loans backed solely by bitcoin collateral.
All investors in both private and public rounds will get an “onchain redemption right” to redeem up to their original principal at any time.
Blockchain Builders Fund, GSR, Kindred Ventures, Rocket Pool, and the Stanford Blockchain Accelerator, are among the other notable backers.
Sony Innovation Fund, a16z crypto, Samsung Next and Hashed also participated in the round. The company has raised over $40 million.
Raiku has raised $13.5 million across seed and pre-seed rounds from investors including Pantera Capital, Jump Crypto, and Lightspeed Faction.
Fnality raised $136 million in a Series C to continue building its blockchain settlement product that targets banks, with total funding over $280 million.
Over $20 billion has already poured into crypto treasury firms in 2025. Has funding peaked — or is more to come?
Aria has raised $15 million in combined seed and strategic funding rounds to bring intellectual property onchain.
At current prices, investors in the token's first round could realize a 20x return on the governance token of Trump-linked World Liberty Financial.
Eliza Labs filed a lawsuit against X, alleging that X launched copycat AI products after obtaining key technical information from Eliza.
The latest $20 million strategic round comes from HashKey Capital, Pantera Capital, and Primitive Ventures, among others.
In this edition, I’m digging into why raising a crypto VC fund has gotten harder — even in a bull market — and what that means for the road ahead.
Legion is a startup looking to bring small-time investors into the capital formation process using blockchain.
Mesh's new funding comes five months after it raised $82 million in a Series B round led by Paradigm in March.
Heritage Distilling is set to launch an IP token treasury strategy worth about $340 million, backed by a16z crypto and other investors.
ALT5 Sigma is raising $1.5 billion to launch a WLFI token treasury strategy that will see it hold about 7.5% of the token’s total supply.