Overview
- Funding totaled $251.9 million across 12 projects for the week, based on Cryptofundraising data reported by crypto.news.
- Anchorage Digital drew a reported $100 million strategic round said to be led by Tether, with the regulated platform serving institutional custody, trading and crypto banking.
- TRM Labs confirmed $70 million in Series C funding at a $1 billion valuation, led by Blockchain Capital with participants including Goldman Sachs.
- Solana DEX aggregator Jupiter raised $35 million in a strategic deal from ParaFi that settled in JupUSD with a locked JUP token purchase.
- Additional raises included Bluff at $21 million, Opinion at $20 million, and Reservoir at $17 million, alongside several sub-$5 million rounds and a small M&A transaction.