22 projects raised $1.4 billion in funding; Kalshi received a $1 billion investment

Organized by: Jinse Finance

This week, 22 blockchain startups collectively raised $1.4 billion in funding.

Largest Funding Round of the Week

Kalshi secured a $1 billion investment in a funding round, with investors including Sequoia Capital*, CapitalG*, Andreessen Horowitz (a16z crypto), Paradigm, Anthos Capital, and Neo.

Kalshi is a CFTC-regulated prediction market exchange where users can trade “event contracts” based on real-world outcomes—covering areas such as politics, sports, economic indicators, and weather. It allows participants to buy and sell binary contracts, which settle at $1 if the event occurs.

Pre-seed and Seed Funding

ZENi raised $1.5 million in a seed round, with investors including Waterdrip Capital*, Mindfulness Capital*, Rootz Labs, Attention Ventures, DePIN X, and Metalabs Ventures.

ZENi is an intelligent data layer for AI Agents and the emerging InfoFi economy, combining Web2 behavioral signals with on-chain blockchain activities. Its high-throughput smart engine processes over 1 million signals daily from X/Twitter, Telegram, Discord, and multiple blockchains, transforming them into structured, machine-ready insights. As Web3-native infrastructure, ZENi enables AI Agents to understand user intent, identify narrative trends, optimize timing, and automatically execute trusted interactions. On top of this data layer, ZENi deploys AI sales agents to automate analysis, content generation, and on-chain verification/execution, turning decentralized data flows into scalable business intelligence.

HelloTrade raised $4.6 million in a seed round, with investors including Dragonfly Capital* and Mirana Ventures.

HelloTrade is a blockchain-powered trading platform designed to provide frictionless global access to leveraged exposure on stocks, ETFs, commodities, and crypto assets. Built on MegaETH, it offers a high-speed, low-latency trading experience, combining modern broker usability with DeFi openness—no wallet setup, no gas fees, and zero technical barriers. HelloTrade aims to remove geographic and capital restrictions, enabling global users to trade traditional and digital assets through a mobile-first, permissionless interface.

0xbow raised $3.5 million in a seed round, with investors including Starbloom Capital*, Coinbase Ventures, BoostVC, Status Research & Development GmbH, Plutos Capital, Balaji Srinivasan, and Sam Kazemian.

0xBow is a privacy-focused identity and permission protocol that enables users to prove identity or meet verification requirements without exposing sensitive information. Built on zero-knowledge proofs, it allows platforms to perform authentication, compliance checks, and permission management without putting private data on-chain. The protocol supports reusable proofs, anonymous credentials, and composable identity logic, suitable for DeFi, Web3 apps, DAOs, and gaming. By combining strong encryption with selective disclosure, 0xBow offers a more secure, user-controlled alternative to traditional KYC.

Other Investment Rounds

RateX raised $7 million in a strategic round, with investors including Animoca Ventures, Echo, GSR Markets LTD, Crypto.com Capital, Gate.io, BGX, and Summer Capital.

RateX is the world’s first leveraged synthetic yield exchange, enabling users to trade leveraged synthetic assets and access enhanced yield opportunities. It combines synthetic asset trading with leveraged positions, allowing users to maximize returns while managing risk. RateX offers a decentralized, transparent environment leveraging blockchain for security and efficiency, catering to both novice and professional traders with optimized strategy and yield tools.

Vector (Tensor Labs) received an undisclosed investment from Coinbase in an acquisition round.

Vector, developed by Tensor Labs Inc., is a multi-chain mobile crypto wallet supporting asset management and smart contract interaction across Solana, Base, Ethereum, and other expanding networks. As a fully self-custodial wallet, users retain full control of private keys, and it features real-time pricing, seamless asset management, and on-chain operations. Vector also offers social trading features, supporting transaction broadcasting, private groups, insight sharing, and referral rewards.

Rayls (Parfin) received an undisclosed investment from Tether in a funding round.

Rayls is a UniFi blockchain ecosystem connecting traditional finance (TradFi) and decentralized finance (DeFi). It supports real-world financial applications, including tokenized financial products, central bank digital currencies (CBDCs), and cross-border payments. Rayls focuses on privacy, scalability, and compliance, enabling institutions to build next-generation financial products. Parfin provides Web3 infrastructure services for major Latin American financial institutions, including custody, trading, and tokenization tools.

Numerai raised $30 million in a Series C round, with investors including Union Square Ventures (USV) and Shine Capital.

Numerai is a decentralized hedge fund and data science competition platform where thousands of data scientists collaborate to build machine learning models for global equities. Participants train models on encrypted datasets and stake NMR tokens to signal confidence. Numerai aggregates the best models into a meta-model used for institutional investment strategies. Through its ecosystem—Numerai Tournament, Signals, and Erasure—it builds an incentive-aligned, open crypto quantitative research network.

Mu Digital raised $1.5 million in a funding round, with investors including UOB Venture Management, Signum Capital, CMS Holdings, Cointelegraph Acceleration, Echo, and Purple.

Mu Digital is an RWA platform on Monad, enabling Asian enterprises to access USD financing via crypto while offering tokenized yield products to global stablecoin holders. It bridges Asian businesses with global crypto liquidity, backed by real enterprise yields.

ZenGo received an undisclosed investment from MoonPay in a funding round.

ZenGo is a self-custodial crypto wallet utilizing MPC technology, eliminating mnemonic risks, supporting 380+ assets, offering 3D FaceLock, 3FA recovery, and enabling buying, trading, and storing of crypto assets.

Deblock raised $35 million in a Series A round, with investors including Speedinvest*, CommerzVentures, Latitude VC, Shapers, Headline Asia, Chalfen Ventures, and Triton Capital.

Deblock is a crypto wallet and current account solution that enables seamless deposit, spending, and conversion of euros and cryptocurrencies. It offers IBAN, virtual/physical cards, and self-custodial wallet functionality, operating under DASP and EMI licenses to ensure compliance and security.

Doppel raised $70 million in a Series C round, with investors including Bessemer Venture Partners*, Andreessen Horowitz (a16z crypto), South Park Commons, Script Capital, 9Yards Capital, Sozo Ventures, Strategic Cyber Ventures (SCV), NTT Docomo Ventures, and Aurum Partners.

Doppel is an AI-powered digital risk protection platform focusing on social engineering threats such as phishing, impersonation, and deepfake scams. Its core product, Doppel Vision, combines generative AI with human expert analysis to detect and dismantle malicious digital infrastructure across email, social media, domain names, and mobile apps.

Immunefi raised $5 million in a public sale funding round.

Immunefi is a bug bounty and security services platform focused on Web3 projects.

Ledn received an undisclosed investment from Tether in a funding round.

Ledn is a global digital asset financial services platform offering lending, savings, and credit services for Bitcoin and stablecoins. It provides BTC and USDC collateralized loans, interest accounts, institutional trading solutions, and has introduced a Bitcoin-backed mortgage product. Ledn regularly publishes proof-of-reserves reports and is known for transparency and compliance.

BOB (Build on Bitcoin) raised $4.2 million in a public sale round.

BOB is a breakthrough Layer 2 with full EVM compatibility and native Bitcoin support. It aims to drive development and innovation on Bitcoin with smart contract execution via EVM and offers Bitcoin-secured rollup functions for DeFi and BTC applications.

WizzWoods raised $10 million in a Series A round, with investors including Animoca Brands* and Infinity Ventures Crypto (IVC)*.

WizzWoods is a pixel farm game deeply integrated with Telegram and Twitter, offering complex farm management, upgrades, and map mechanics, and delivering a SocialFi experience through blockchain. Players can earn $WIZZ rewards via strategic management and cross-chain trading.

Obex raised $37 million in a funding round, with investors including Framework Ventures*, LayerZero*, and Sky*.

Obex is a next-generation crypto incubator launched by Sky (formerly MakerDAO), focused on bringing on-chain stablecoin strategies backed by real-world assets and providing institutional-grade risk controls. Through a 12-week accelerator, it offers teams capital, technical resources, and access to Sky’s $9B+ stablecoin ecosystem (DAI + USDS), aiming to drive secure, sustainable, yield-capable next-generation stablecoin and RWA protocols.

Kraken secured a $200 million investment in a funding round, with Citadel Securities as the investor.

Kraken, founded in 2011, is a cryptocurrency exchange offering spot and derivatives trading for Bitcoin, Ethereum, and 40+ digital assets. In 2020, Kraken became the first exchange to receive a US crypto banking license.

Solomon Labs raised $8 million in a public sale round.

Solomon is a stablecoin protocol on Solana, issuing USDv—a composable, non-rebasing stablecoin designed to maintain a $1 peg. Users can stake USDv to mint sUSDv, with yields accruing via a continuously increasing exchange rate.

Hyperdash received an undisclosed investment from pvp trade in an acquisition round.

Hyperdash is an analytics and insights platform for the Hyperliquid ecosystem, providing real-time wallet activity, trading performance, leaderboards, and portfolio statistics. It also supports copy trading, offers liquidation heatmaps, distribution panels, monitoring tools, and more.

Vooi raised $1.3 million in a public sale round.

Vooi is a cross-chain perpetual DEX aggregation trading platform, offering a unified interface similar to centralized exchanges while retaining DeFi transparency and security.

USD AI (Permian Labs) received an undisclosed investment from Coinbase Ventures in a funding round.

USD.AI is a stablecoin lending protocol collateralized by GPUs, serving AI startups and issuing USDai (pegged to $1) and sUSDai (yield-generating), enabling computing power (GPUs) to serve as collateral.