[New Fundraising] Kalshi Raises $1B at $11B Valuation, led by Sequoia and CapitalG, with Andreessen Horowitz, Paradigm, Anthos Capital, and Neo in the investment

Kalshi is a federally regulated prediction market that supports cryptocurrency deposits, where investors can trade event contracts related to real-world events.

More about Kalshi:
https://rootdata.com/Projects/detail/Kalshi?k=MTQ5OTY%3D

Source:
https://techcrunch.com/2025/11/20/source-kalshis-valuation-jumps-to-11b-after-raising-massive-1b-round/

[New Fundraising] Mu Digital Raises $1.5M at Pre-Seed funding round, UOB Venture Management, CMS Holdings, Signum Capital, Cointelegraph Accelerator and Echo. The company also welcomed notable individual angels from Monad, Cointelegraph, Gauntlet, Yield Guild Games, Kizzy, Clober, Perella Weinberg and Bank of America, among others.

Mu Digital is an RWA platform for Asian companies that helps them get USD financing in cryptocurrencies and global liquidity and bring the best Asian earnings to the chain.

More about Mu Digital:
https://rootdata.com/Projects/detail/Mu%20Digital?k=MTYzNzI%3D

Source:
https://cointelegraph.com/press-releases/mu-digital-raises-us-1-5mm-to-bridge-asia-s-premier-investments-onchain

[New M&A] Coinbase will acquire Vector.fun

Vector.fun is a social trading application that will blend social engagement with token trading in a mobile-first app across multiple blockchain networks.

More about Vector.fun：
https://www.rootdata.com/Projects/detail/Vector.fun?k=MTUwNzU%3D

Source:
https://fortune.com/2025/11/21/coinbase-buys-solana-vector-fun-acquisition-spree/

[New M&A] Paxos Acquires Fordefi

Fordefi is an institutional MPC wallet and security platform that enables institutions to interact across different blockchains.

More about Vector.fun：
https://www.rootdata.com/Projects/detail/Fordefi?k=NDgxOQ%3D%3D


Source: 
https://fortune.com/2025/11/25/paxos-fordefi-acquisition-crypto-wallet-defi/

[New Fundraising] Pruv Finance Raises $3M at Pre-A funding round, This funding round was led by UOB Venture Management, with participation from Saison Capital, Taisu Ventures, Ascent, Spiral Ventures and Royal Group.

Pruv Finance is an RWA infrastructure that brings real-world assets to the DeFi ecosystem. It allows users to access trusted, tokenized assets that are freely tradable and fully composable with DeFi across multiple chains.

More about Pruv Finance:
https://www.rootdata.com/Projects/detail/Pruv%20Finance?k=MjI1NzY%3D

Source:
https://fintechnews.sg/122469/funding/pruv-finance-raises-3m/

[New Fundraising] Zoo Finance Raises $8M at Strategic Round, This funding round was led by Bitrise Capital, with participation from Signum Capital、Certik Ventures、TOP、CGV Funds and Cryptomeria.

Zoo Finance is a native structured asset protocol on Berachain, designed to provide highly capital-efficient liquidity solutions.

More about Zoo Finance:
https://www.rootdata.com/Projects/detail/Zoo%20Finance?k=MTQyMDI%3D

Source:
https://x.com/ZooFinanceIO/status/1995496712350392492?s=20

[New Fundraising] Decentralized exchange Ostium raised $20 million Series A funding, led by General Catalyst and others

Ostium is a synthetic asset protocol that enables institutional and retail traders and hedgers to gain exposure to commodities on-chain.

More about Ostium:
https://www.rootdata.com/Projects/detail/Ostium?k=NTM2Nw%3D%3D

Source: 
https://fortune.com/2025/12/03/ostium-series-a-fundraise-perpetuals-perps-crypto/

[New Fundraising] Stablecoin-based enterprise-grade payment platform Fin raised $17 million Series A funding, led by Pantera Capital, with participation from Sequoia, Samsung Next, and others

Fin is a stablecoin-based enterprise-grade payment platform that enables users and businesses to instantly transfer millions of dollars—whether to other Fin users, directly to bank accounts, or via cryptocurrency channels.

More about Fin:
https://www.rootdata.com/Projects/detail/Fin?k=MjI3NTM%3D

Source:
https://x.com/fin/status/1996248631733571998?s=20

[New Fundraising] On-chain intent trading protocol Haiku raised $1 million in Pre-Seed funding, led by Big Brain Holdings, with participation from Auros, Frostlight, Daedalus Syndicate, and Biconomy CEO Ahmed Al-Balaghi.

Haiku is an AI-driven on-chain intent trading protocol that transforms any on-chain target state into a single unified transaction. It abstracts away the underlying complexities of DeFi, allowing users and partners to focus on their strategies rather than execution mechanisms.

More about Haiku:
https://www.rootdata.com/Projects/detail/Haiku?k=MjI3NjA%3D

Source:
https://x.com/HaikuTrade/status/1996370844990492915?s=20

[New Fundraising] Digital Asset has completed a new round of financing of $50 million, with participation from BNY Mellon, iCapital, Nasdaq, and S&P Global

Digital Asset is a blockchain software and services provider that helps enterprises create economic value through interconnected networks. Their products are built on Daml, the leading platform for developing and running complex, multi-party applications using an advanced smart contract language and tools. Daml offers unparalleled privacy and a top-notch SDK, ensuring that all participants in an application remain in sync and have access to reliable, real-time data.

More about Digital Asset:
https://www.rootdata.com/Projects/detail/Digital%20Asset?k=MzYyMA%3D%3D


Source:
https://www.bloomberg.com/news/articles/2025-12-04/bny-nasdaq-join-50-million-digital-asset-fresh-funding-in-bet-on-blockchain?embedded-checkout=true

[New M&A] Galaxy acquires Alluvial

Alluvial is a enterprise-grade liquid staking protocol that allows tokenholders to receive rewards from their staked digital assets, while ensuring that their digital assets are freely tradeable and usable in other DeFi applications. Alluvial's API-first integration makes it easy and efficient for digital asset exchanges, custodians, and other enterprises to integrate Liquid Collective's liquid staking capabilities into their existing product experiences.

More about Alluvial:
https://www.rootdata.com/Projects/detail/Alluvial?k=Mjk2OQ%3D%3D

Source:
https://investor.galaxy.com/news/news-details/2025/Galaxy-Expands-into-Liquid-Staking-as-Development-Company-for-Liquid-Collective/

[New Position Dynamics] In the past three months, RootData has recorded job changes for over 100 key individuals.

Details: https://www.rootdata.com/people

[New Fundraising] Paradigm invests $13.5 million in Brazilian stablecoin startup Crown

Crown is a stablecoin issuer aiming to modernize the Brazilian Real through secure and compliant digital infrastructure.

More about Crown:
https://www.rootdata.com/Projects/detail/Crown?k=MjE4NzI%3D


Source:
https://www.theblock.co/post/381596/crypto-vc-paradigm-bets-13-5-million-on-stablecoin-startup-crown-in-first-brazil-investment

[New Fundraising] Licensed digital asset financial service platform MetaComp raised $22 million Pre-A funding, backed by Eastern Bell Capital, Noah, Sky9 Capital, Freshwave Fund and Beingboom Capital.

MetaComp is a licensed digital asset financial service platform that offers digital asset exchange and custody services to institutional investors.

More about MetaComp:
https://www.rootdata.com/Projects/detail/MetaComp?k=NjYwMw%3D%3D

Source:
https://www.prnewswire.com/in/news-releases/singapores-metacomp-raises-us22-million-pre-a-to-scale-a-web2-5-fiatstablecoin-hybrid-payment-network-for-cross-border-payments-302635705.html

[New Fundraising] Crypto brokerage firm Cascade raised $15 million in funding from Polychain Capital, Variant, Coinbase Ventures, Archetype, and others

Cascade is a crypto brokerage firm that offers a 24/7 brokerage app for trading perpetual markets covering cryptocurrencies, U.S. stocks, and private assets. Cascade connects directly to bank accounts, allowing users to trade perpetual markets, borrow and lend against their portfolios, and transfer assets within a single margin account.

More about:
https://www.rootdata.com/Projects/detail/Cascade?k=MjI4NTQ%3D

Source:
https://www.coindesk.com/business/2025/12/09/cascade-unveils-247-neo-brokerage-offering-perpetuals-on-cryptos-us-stocks

[New M&A] Inveniam acquires Swarm

Swarm is an RWA platform that brings unique digitization and trading solutions to the world of traditional finance. It is the first organization in the world to offer digitized US treasury bills and Apple stock via a compliant and decentralized platform. Day to day, we work with real-world asset owners to tokenize collateral and build trading infrastructure in a regulatory-compliant way. Issuers that need compliance guarantees from a top tier jurisdiction to build secondary markets of tokenized securities, including fixed income products, choose to partner Swarm.

More about Swarm:
https://www.rootdata.com/Projects/detail/Swarm?k=MTA0ODM%3D

Source：
https://www.prnewswire.com/news-releases/swarm-to-be-acquired-by-inveniam-to-launch-full-stack-platform-for-agentic-asset-management-302636030.html

[New Fundraising] Surf, an AI platform just for crypto, raises $15 million

Surf is a crypto AI command hub that extracts context from sources users trust and enhances it with curated crypto X feeds and on-chain data to deliver actionable insights.

More about Surf: https://www.rootdata.com/Projects/detail/Surf?k=MTg5NjI%3D

Source:
https://fortune.com/2025/12/10/exclusive-surf-an-ai-platform-raises-15-million/

[New M&A] Stripe acquires Valora wallet team as it builds out stablecoin services

Valora is a mobile crypto wallet that enables global payments and easy access to Web3 dapps. The Valora team originated from cLabs, the organization that initially shaped Celo blockchain and the native asset CELO.

More about Valora: https://www.rootdata.com/Projects/detail/Valora?k=NTc0NA%3D%3D

Source: https://www.theblock.co/post/382111/stripe-acquires-valora-wallet-team-builds-stablecoin-services

[New Feature: Enhanced News Aggregator Reading Experience]

The RootData news aggregation page features curated articles from dozens of media outlets, including Coindesk and Decrypt, linked to the RootData project page. For details, visit: https://www.rootdata.com/news?type=1

[New Fundraising] LI.FI completes $29 million funding, led by Multicoin and CoinFund

LI.FI is a bridge aggregation protocol with DEX connectivity and cross-chain data messaging capabilities. All of these functions will be made available on an API/Contract level, and as a widget for other developers to plug directly into their products.

More about LI.FI: https://www.rootdata.com/Projects/detail/LI.FI?k=MjEwMg%3D%3D

Source:
https://fortune.com/2025/12/11/exclusive-crypto-startup-li-fi-raises-29-million/

[New Fundraising] TestMachine Secures Over $6.5M In Venture Funding

TestMachine is an AI-powered blockchain security company that analyzes the contract and pinpoints potential security vulnerabilities. By identifying and analyzing recurring code structures and patterns, it ensures the contracts are robust to known exploits and threats.

More about TestMachine: https://www.rootdata.com/Projects/detail/Testmachine?k=MTE4NTQ%3D

Source:
https://chainwire.org/2025/12/11/testmachine-secures-over-6-5m-in-venture-funding-to-expand-ai-driven-blockchain-security-solutions/