Alpaca, an API provider, raises $150 million、 Polygon acquires Coinme、and 25 other projects 【Fundraising Project Summary】
We have compiled the latest funding information for the past week.
Good morning.
I’m Mitsui, a web3 researcher.
Today’s topic is “Summary of This Week’s Funding Project.”
💥Top 5 Projects by Funding Amount
1、Alpaca
Overview：Alpaca is an API platform offering free trading of stocks, options, and cryptocurrencies. Designed to enable fintech startups, algorithmic traders, and financial institutions to build and extend trading applications, it provides a suite of APIs including trading APIs, broker APIs, and market data APIs. Alpaca supports over 20 cryptocurrencies and 56 trading pairs, featuring secure custody solutions and real-time market data, available 24/7, 365 days a year.
Category：Date
Procurement amount：$150M
Investment round：Series D
Investor：★Drive Capital、Citadel Securities、Opera Tech Ventures、MUFG Innovation Partners、etc..
Overview：A global trading and financial technology company providing a trading platform exclusively for the execution of foreign exchange, digital assets, and equities. Operating on a Central Limit Order Book (CLOB) model, it delivers transparent pricing, high liquidity, and low-latency execution to banks, broker-dealers, hedge funds, and asset managers.
Category：CEX
Procurement amount：$150M
Investment round：TBD
Investor：★Ripple
3、ICEx
Overview：A regulated cryptocurrency exchange based in Indonesia, offering spot trading and digital asset services to individual and institutional investors. Licensed by local regulatory authorities, it focuses on compliance adherence, secure custody, and providing local on/off-ramp services within the Indonesian market.
Category：CEX
Procurement amount：$70M
Investment round：TBD
Investor：TBD
4、Upexi
Overview：A diversified consumer brand owner and e-commerce operator focused on acquiring and expanding Amazon-based businesses. Specializing in health, wellness, pet care, and nutritional supplements, it reduces customer acquisition costs by integrating consumer data with proprietary advertising technology. It has entered the crypto space by building a Solana-based treasury and expanding its Bitcoin mining operations through subsidiaries like ChainbitMiner and Quantum Hash, aiming for passive income and asset growth.
Category：DAT
Procurement amount：$36M
Investment round：TBD
Investor：Hivemind
5、VelaFi
Overview：A financial infrastructure platform providing stablecoin-based financial infrastructure compliant with corporate regulations. It supports modern fund transfers through both digital and traditional payment methods, enabling businesses to manage transactions, payments, and financial operations swiftly, reliably, and in a regulatory-compliant manner.
Category：Stablecoin
Procurement amount：$20M
Investment round：Series B
Investor：★XVC、★Ikuyo、Alibaba Group、Planetree、BAI Capital
✨Other, 20 projects
Project Eleven[$20M/Series A]Applied Quantum Computing Research Institute focused on protecting digital assets and blockchain from quantum threats. Develops quantum-resistant cryptographic tools such as the “Yellowpages” registry, which links current Bitcoin addresses to quantum-resistant keys without on-chain transactions.
Konnex[$15M/Strategic]Konnex is a web3-native, permissionless marketplace for robotic intelligence and autonomous physical work. By enabling robots to autonomously sign smart contracts and pay for specialized services, Konnex builds an open coordination layer for real-world robotics, decentralized AI, and autonomous execution.
X-Machine[$10M/TBD]DePIN is a platform for tokenized autonomous robots that enables people to share in the profits generated by smart machines. Companies can tokenize real-world assets (RWA) and transform intelligent machines into public investment opportunities for scaling robotics ventures.
Veera[$10M/Seed]Veera is a web3-native on-chain neobank providing global financial services that bridge crypto and traditional assets. Users can earn, invest, borrow, and spend while retaining full control of their funds using self-hosted wallets. Veera also offers the Veera Card, enabling users to seamlessly utilize their on-chain assets in the real world.
TBook[$10M/TBD]StableFi Coordination Layer built for digital workers, linking ID, payments, and yields to on-chain authentication. The chain-agnostic infrastructure distributes stablecoins and RWA through TBook Vault, while decentralized ID and WISE Score record verified user contributions.
Noise[$7.10M/Seed]Attention Market: A platform adjacent to prediction markets where traders bet on whether topics, brands, trends, and narratives will maintain cultural relevance over time. Combining elements of Google Trends with prediction market mechanisms, it enables continuous trading of cultural mindshare.
Meld[$7M/TBD]A stablecoin settlement and conversion infrastructure designed as a one-stop platform for accessing global digital assets. Enterprises, fintech companies, and developers can seamlessly convert over 150 fiat currencies and a wide range of stablecoins and tokens within their own applications.
Neuraminidase[$5M/Seed]A web3-native AI agent and tokenization platform. Developers can automate, manage, and monetize complex blockchain operations using autonomous AI agents.
Infinex[$5M/Public Sale]A secure, user-friendly platform designed to simplify access to DeFi and on-chain protocols. Provides an intuitive cross-chain wallet and non-custodial accounts protected by passkeys and biometric authentication.
TROVE[$2.50M/Public Sale]A Web3-native trading platform specializing in collectibles and digital assets. Its flagship protocol enables trading of tokenized collectibles with up to 5x leverage in perpetual markets, enhancing liquidity and price discovery for traditionally illiquid assets.
KOLect[$1.20M/Pre Sale]KOLect is an AI-powered Web3 analytics and strategy platform. It evaluates KOL credibility and transforms social media activity into data-driven cryptocurrency insights. By analyzing cross-platform signals from X, Telegram, on-chain data, and more, KOLect scores influencer performance, enables strategy backtesting, supports automation, and facilitates community-driven crowdfunding centered around proven signal sources.
Saturn Labs[$800k/Angel]Developed a yield-bearing stablecoin backed by MicroStrategy’s STRC (Bitcoin credit product for institutional investors). Designed to deliver a real yield exceeding 10%, it integrates DAT, stablecoins, and RWA into a reserve model offering superior transparency and scalability.
Instant Coin Bank[TBD/M&A(Bitcoin Depot)]A Bitcoin ATM operator with multiple locations across Texas and Oklahoma, providing users with convenient, cash-based access to cryptocurrency. In addition to its ATM network, it offers digital asset services enabling the purchase, sale, and management of cryptocurrency through simple, easy-to-use tools.
Naoris Protocol[TBD/TBD]A distributed cybersecurity mesh that transforms all connected devices into validator nodes, enhancing network security at scale. Leveraging quantum-resistant cryptography, a custom distributed security proof (dPoSec) consensus mechanism, and distributed SWARM AI, it provides real-time threat detection and continuous verification across the entire digital infrastructure.
DTR[TBD/M&A(Bakkt)]A cutting-edge payment infrastructure platform that enables seamless corporate fund transfers by integrating stablecoin and fiat currency settlement systems. By providing white-label APIs and custom financial solutions, businesses can accept, store, transfer, and manage both stablecoins and traditional currencies.
SOMO[TBD/M&A(Animoca Brands)]A crypto-native collectible and gaming brand designed for next-generation collectors and internet-native audiences. Through its flagship games SOMO Battleground, SOMO Codex, and SOMO Duel, it transforms digital collectibles into playable, streamable, and tradable assets.
Coinme[TBD/M&A (Polygon)]A regulated digital asset financial services company that simplifies the buying, selling, and management of digital assets, primarily Bitcoin. Founded in the United States, it is known for operating one of the world’s largest Bitcoin ATM networks and providing consumer-facing digital asset wallets and securities services.
Sequence[TBD/TBD]Horizon Blockchain Games, previously known as Horizon Blockchain Games, is a web3 development platform that provides wallet infrastructure, APIs, and tools for building consumer-facing blockchain games and applications. It offers marketplace functionality that abstracts web3 complexity through smart contract wallets, user authentication, payments, seamless onboarding, gas-free transactions, and cross-chain support.
Genius[TBD/TBD]Shuttle Labs developed a non-custodial cryptocurrency trading platform focused on decentralization and user control. It addresses issues related to centralized failures like FTX by enabling users to manage their private keys, eliminating third-party risks.
City Protocol[TBD/TBD]A decentralized infrastructure for intellectual property and capital markets, bringing real-world intellectual property on-chain. Creators and communities can fundraise, scale, and trade cultural assets as liquid, investable units through programmable fundraising, RWA, and AI-driven distribution.
Disclaimer：I carefully examine and write the information that I research, but since it is personally operated and there are many parts with English sources, there may be some paraphrasing or incorrect information. Please understand. Also, there may be introductions of Dapps, NFTs, and tokens in the articles, but there is absolutely no solicitation purpose. Please purchase and use them at your own risk.
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mitsui
A web3 researcher. Operating the newsletter "web3 Research" delivered in five languages around the world.
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