BitGo Raises $212.80M in IPO, Neynar Acquires Farcaster, and More 18 Funding Projects in Total 【Funding 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 the Fundraising Project for This Week.”
💥Top 5 Projects by Funding Amount
1、BitGo
Overview：A digital asset security company trusted by some of the world’s largest institutional investors, specializing in protecting their cryptocurrency assets. Its comprehensive solutions, including custody services and cybersecurity measures, meet the needs of institutional investors such as banks, hedge funds, and exchanges.
Category：Custody
Procurement amount：$212.80M
Investment round：IPO
Investor: Individual investor
Overview：An asset management company leveraging blockchain technology to modernize investing through tokenized financial products. Filed an application with the U.S. Securities and Exchange Commission for the Ethereum-based open mutual fund “Superstate Short-Term Government Bond Fund.”
Category：RWA
Procurement amount：$82.50M
Investment round：Series B
Investor：★Bain Capital Crypto、★Distributed Global、HAUN Ventures、Brevan Howard Digital、etc..
3、ZBD(Zebedee)
Overview：A global web3 payment service provider for games and interactive entertainment built on the Bitcoin Lightning Network. Enables fast, low-cost, large-scale real-money payments through compliant APIs and SDKs, supporting rewards, in-game purchases, payouts, and embedded monetization features.
Category：Payment
Procurement amount：$40M
Investment round：Series C
Investor：Blockstream Capital Partners
4、Space
Overview：Solana-based leveraged prediction market platform. Through transparent on-chain mechanisms, high liquidity, and gamified competition, it aligns incentives to create a dynamic environment where informed predictions yield real economic rewards.
Category：Prediction Market
Procurement amount：$14M
Investment round：Public Sale
Investor: Individual investor
5、River
Overview：We are building a chain-abstracted stablecoin system that integrates assets, liquidity, and yields across multiple blockchains. By leveraging the omnichain CDP-based stablecoin “satUSD,” users can collateralize assets on one chain and mint assets on another, enabling native yield, leverage, and scaling capabilities.
Category：DeFi、Stablecoin
Procurement amount：$12M
Investment round：Strategic
Investor：Tron Foundation、Justin Sun、Maelstrom、The Spartan Group
✨Other, 13 projects
Finst[$9.35M/Series A]A cryptocurrency trading platform based in the Netherlands. It aims to provide a level playing field for all cryptocurrency investors by offering a unique combination of security, transparency, and minimal fees.
Cork Protocol[$5.50M/Seed]Introduces a new DeFi primitive called “Depeg Swap,” allowing participants to trade risks associated with pegged assets, similar to traditional financial credit default swaps (CDS). Provides a mechanism to manage liquidity and credit risk in on-chain credit markets, contributing to DeFi stabilization and reduced volatility.
Akedo[$5M/Seed]An AI-native content creation engine and launchpad powered by a collaborative multi-agent system. Creators, studios, and communities can rapidly build games, generate AIGC content, and launch tokenized collections with a one-click workflow.
Bitway[$4.44M/Public Sale]Bitcoin-native Layer 1 protocol and infrastructure platform enabling seamless, gas-free BTC-based transactions, lending, and tokenization of real-world assets. Users interact through familiar Taproot or native SegWit wallets, eliminating the need for EVM wallets or bridging.
Warden[$4M/Strategic]An AI-native Layer 1 blockchain designed for developers to build intelligent applications. It provides verifiable access to AI models, whose outputs can be directly applied to on-chain and off-chain logic. By combining programmable key management and policy-based authentication with a chain-agnostic architecture, it enables secure collaboration between humans, smart contracts, and AI agents across Cosmos, Ethereum, Solana, and Web2 systems.
Immunefi[$2.50M/Public Sale]A bug bounty security service platform focused on bug bounties and security services for web3 projects.
HyperLend[$1.70M/TBD]Hyperlend is a decentralized lending and borrowing protocol built for the Hyperliquid ecosystem. Users can supply assets, earn yields, and borrow funds in an on-chain environment optimized for high performance and capital efficiency. Designed to integrate seamlessly with Hyperliquid’s infrastructure, Hyperlend supports permissionless markets, transparent risk parameters, and configurable DeFi use cases.
Pan Network[$1M/TBD]An on-chain AI payment protocol built for the autonomous agent economy. Enables real-time machine-to-machine (M2M) value exchange through A2A payments, the x402 payment protocol, and the ERC-8004 trust standard.
Lazbubu[TBD/TBD]An on-chain AI companion agent equipped with the DAT mechanism, designed to evolve through continuous interaction with users. By recording conversations, decisions, and behavioral signals, and anchoring this data to the BNB Chain, Lazbubu ensures transparency, verifiability, and user-owned data. Combining AI-driven personality growth with blockchain-backed data integrity, Lazbubu delivers a personalized, persistent AI companion that users can truly control.
Fogo[TBD/TBD]A high-performance Layer 1 blockchain designed to deliver large-scale real-time experiences. By leveraging the Firedancer client in its purest form, it aims to push the boundaries of performance, finance, and physics. By minimizing latency and expanding bandwidth, it combines traditional financial performance with decentralized infrastructure to enable institutional-grade on-chain finance.
Farcaster[TBD/M&A(Neynar)]Decentralized social network.
Atlas[TBD/M&A(Chainlink)]A universal execution abstraction protocol for building application-specific order flow auctions on the EVM. Applications and frontends can collect user intent and execute auctions.
Coinstack[TBD/M&A(Alpha Edge Media)]Coinstack is an independent crypto research and media platform focused on providing detailed analysis, market insights, and commentary on web3, digital assets, and the blockchain ecosystem. Published as a newsletter and research hub, Coinstack covers topics such as token launches, DeFi protocols, market structures, funding rounds, and emerging trends.
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mitsui
A web3 researcher. Operating the newsletter "web3 Research" delivered in five languages around the world.
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