## Funding Rounds

1. **Evernorth**: Raised a **$1 billion** funding round from **SBI Holdings, Pantera Capital, Kraken, GSR**, and **Rippleworks**.

2. **Ripple Labs**: Seeking to raise at least **$1 billion** through a SPAC-structured financing from undisclosed investors to capitalize a Digital Asset Treasury focused on accumulating **XRP**.

3. **Polymarket**: Received a **$1.6 billion** equity capital investment completed by **Intercontinental Exchange (ICE)** after an initial **$1 billion** commitment and an additional **$600 million**, with ICE planning to purchase up to **$40 million** of securities from existing holders.

4. **Kraken**: Raised an **$800 million** funding round—including a **$200 million** strategic investment—backed by **Jane Street, DRW Venture Capital, HSG, Oppenheimer Alternative Investment Management, Tribe Capital**, and **Citadel Securities**.

5. **Tempo**: Raised a **$500 million** Series A led by **Thrive Capital** and **Greenoaks**, with **Sequoia, Ribbit Capital**, and **SV Angel** participating.

6. **World Liberty Financial**: A DeFi lending and borrowing platform, sold a **49% equity stake** for roughly **$500 million** to a senior Abu Dhabi royal.

7. **Sui**: Raised a **$450 million** investment round from **Mill City Ventures**.

8. **Vietnam Prosperity Crypto Asset Exchange (CAEX)**: A Vietnam-based crypto exchange, raised strategic capital to bring its capital base to about **$380 million** in funding led by **OKX Ventures** and **HashKey Capital** alongside founding shareholders **VPBank Securities** and **LynkiD**.

9. **Merge Labs**: A high-bandwidth non-invasive BCI startup, raised a **$252 million** seed round from **OpenAI, Bain Capital, Gabe Newell**, and others.

10. **Rain**: A stablecoin payments infrastructure startup, raised a **$250 million** Series C led by **ICONIQ** with participation from **Sapphire Ventures, Dragonfly, Bessemer, Galaxy Ventures, FirstMark, Lightspeed, Norwest**, and **Endeavor Catalyst**.

11. **Zeta Network**: Raised a **$230.8 million** private placement of Class A common stock and warrants from undisclosed investors, accepting payment in **Bitcoin** and **SolvBTC**.

12. **XBTO**: An institutional digital asset solutions firm, secured commitments toward a capital raise of up to **$217 million** and entered a strategic partnership with **ValueLabs**, which took a minority equity stake in **XBTO Global Limited**.

13. **Lava**: A Bitcoin-backed lending platform, raised **$200 million** combination of venture and debt financing with angel participation from **Anthony Pompliano** and **Eric Jackson**.

14. **FG Nexus**: A digital-asset tokenization firm, raised a **$200 million** funding round from undisclosed investors.

15. **Zama**: A privacy-computing startup, raised a **$150 million** funding round led by **Pantera Capital** and **Multicoin Capital** with participation from **Gavin Wood** and **Anatoly Yakovenko**.

16. **Monad**: An EVM-compatible Layer-1 blockchain, has raised **$128.7 million** through a public **MON** token presale on Coinbase.

17. **Eightco Holdings**: A crypto infrastructure company, secured **$125 million** in institutional commitments led by **BitMine, ARK Invest**, and **Payward**.

18. **Orbs**: An investment-focused company, raised **$125 million** in a financing round led by **Bitmine** with contributions from **ARK Invest** and **Payward**.