[New Fundraising]Fence Raises $20 Million in Funding, Led by Galaxy Digital

Fence is a SaaS platform designed to streamline the operations of Capital Providers and Asset Originators by minimizing the need for low-value-added tasks. It harnesses the power of blockchain technology by employing smart contracts in the backend. These smart contracts automate the movement of capital and assets while ensuring the enforcement of specific clauses from credit agreements, such as Concentration Limits or Performance Triggers.

More about Fence： 
https://www.rootdata.com/projects/detail/Fence?k=OTc4OA%3D%3D

Source: 
https://www.coindesk.com/business/2026/04/28/galaxy-digital-leads-usd20-million-investment-in-fence-to-overhaul-back-end-of-usd6-trillion-credit-market

[New Fundraising]Blockworks has closed a Series A extension round at a $192 million valuation, co-led by Parafi Capital and Reciprocal Ventures

Blockworks is a leading financial media and information platform that sits at the center of the crypto industry, transforming complex data into actionable research, alpha-driven insights, and world-class events. Through its three core pillars—media, research, and events—the platform empowers investors and institutions to see past the market noise and make informed decisions in the evolving digital asset landscape.

More about Blockwork： 
https://www.rootdata.com/projects/detail/Blockworks?k=MzQ1NQ%3D%3D

Source: 
https://www.cnbc.com/2026/04/29/blockworks-wants-to-become-the-crypto-equivalent-of-morningstar-how-it-plans-to-do-it.html

[New Fundraising]Squads Completes $18 Million Strategic Funding Round Led by Solana Ventures

Squad is a Solana-based multi-signature management tool that handles complex governance and treasury aspects, with a mission to unlock the full potential of self-custody, co-ownership, and coordination for teams emerging in Web3.

More about Squad： 
https://www.rootdata.com/projects/detail/Squads?k=NDc1Ng%3D%3D

Source: 
https://www.theblock.co/post/399386/solana-ventures-squads-funding-stablecoin-altitude

[New Fundraising] Legend Completes $3.5M Seed Round Led by Electric Capital

legend.trade is a Telegram-based trading and matchmaking platform designed to provide users with a seamless, fair and efficient trading and competition experience.

More about Legend: https://www.rootdata.com/projects/detail/legendtrade?k=MTc0NjM%3D&nt=essentials_team

Source: https://x.com/legendtrade/status/2049520117147484346?s=20

[New Fundraising] XO Market Raises $6M Seed Round to Build Permissionless Conviction Markets

XO Market is a decentralized prediction market powered by Celestia where users can create, trade and share their beliefs.

More about XO Market: https://cn.rootdata.com/projects/detail/XO%20Market?k=MTczOTA%3D

Source:https://x.com/AliHabbabeh/status/2049777364746322133?s=20

[New M&A] AI Financial acquires Blockstreet for $43 million

Blockstreet empowers the next wave of builders driving USD1 adoption. Built with LayerZero for seamless multichain expansion, Block acts as the connective tissue of the Blockstreet ecosystem. Holders gain direct exposure to every project launched via Blockstreet.

More about Blockstreet:
https://www.rootdata.com/projects/detail/Blockstreet?k=MTk2OTA%3D

Source：
https://fortune.com/2026/04/30/trump-crypto-ai-financial-alt5-sigma-world-liberty-financial-wlfi-block-street-matthew-morgan/

[New Fundraising] Fun Raises $72 Million in Series A Funding, Led by Multicoin Capital and SignalFire

Fun is a blockchain software development company building cross-chain wallet infrastructure in partnership with the Odsy Network. This empowers developers with the foundational components for new wallet APIs and protocols, providing their customers with seamless and whimsical experiences. Fun's infrastructure helps to eliminate the risks associated with centralized custodians when accessing cross-chain assets and core Web 2.0 functions in Web3.

More about Fun: https://www.rootdata.com/projects/detail/Fun?k=NDc1Mg%3D%3D

Source:https://fortune.com/2026/05/01/fun-series-a-fundraise-multicoin-capital-signalfire/

[New M&A] SOL Strategies Acquires Houdini Swap for $18 Million

Houdini Swap is a cross-chain service platform that protects sender anonymity by hiding the wallet address. Its system dynamically compares encryption pair rates and aims to find the lowest cost path for users.

More about Houdini Swap:
https://www.rootdata.com/projects/detail/Houdini%20Swap?k=MTEyMDg%3D

Source：
https://www.theblock.co/post/399844/sol-strategies-buy-houdini

[New Fundraising]SC Ventures made a strategic investment in GSR, becoming its first external shareholder.

GSR is a global crypto market maker since 2013. They specialize in providing liquidity, risk management strategies, programmatic execution and structured products to sophisticated global investors in the digital assets industry.

More about GSR：
https://www.rootdata.com/projects/detail/GSR?k=NDA3OQ%3D%3D

Source:
https://www.theblock.co/post/399950/sc-ventures-first-external-shareholder-gsr-strategic-investment

[New Fundraising]Coinbase has invested a seven-figure sum in Centrifuge and designated it as a core partner for Base tokenization

Centrifuge is an open decentralized infrastructure for on-chain asset management and real-world asset (RWA) tokenization. The platform enables asset managers to tokenize institutional-grade assets—such as credit, real estate, and treasuries—into freely transferable tokens for use across DeFi ecosystems. Its core components include a compliant framework for asset origination, Anemoy (a full-service asset management arm for fund structuring), and Proof-of-Index infrastructure for tokenizing structured financial products like S&P 500 index funds.

More about Centrifuge： 
https://www.rootdata.com/projects/detail/Centrifuge?k=Mjg2

Source: 
https://www.theblock.co/post/399963/coinbase-figure-investment-centrifuge-base-main-tokenization-partner

[New Fundraising] Stockcoin has closed its Seed round, led by Ambergroup, with participation from crypto & traditional finance angels.

Stockcoin.ai is an AI-native trading platform, providing convenient access to US tokenized stocks and stock-linked perpetual contracts, with features such as fast registration, exchange-grade liquidity, and market depth.

More about Stockcoin：
https://www.rootdata.com/projects/detail/Stockcoin?k=MTkxODI%3D

Source:
https://x.com/stockcoinai/status/2051960383284330880?s=20

[New Fundraising] OpenTrade Secures $17 Million in Strategic Funding Led by Mercury Fund and Notion Capital

OpenTrade provides Web3 treasurers access to on-chain structured financial products backed by investment-grade, real-world financial assets. It sources short-term, investment-grade RWAs through a global network of financial institutions, asset managers, and B2B networks and structures them into yield-bearing, on-chain financial products.

More about OpenTrade： 
https://www.rootdata.com/projects/detail/OpenTrade?k=NjgxMQ%3D%3D

Source: 
https://www.theblock.co/post/400187/opentrade-raises-17m-to-expand-stablecoin-yield-infrastructure-after-topping-200m-tvl

[New M&A]Kraken acquires Reap for $600 million

Reap is a Web3 Payment Infrastructure that helps users manage their fiat finances. Centred around a secured corporate credit card, Reap removes the merchant acceptance barrier for B2B expenses and enables projects to streamline their expense management processes.

More about Reap： 
https://www.rootdata.com/projects/detail/Reap?k=NDU4Nw%3D%3D

Source: 
https://www.bloomberg.com/news/articles/2026-05-07/kraken-parent-to-buy-reap-for-600-million-in-asian-expansion

[New Fundraising] Saturn has completed a $2 million seed round led by The Spartan Group, with participation from Anchorage Digital and Susquehanna Crypto.

Saturn Labs is a stablecoin yield protocol that aims to build a 10% + yield stablecoin USDat powered by MicroStrategy's STRC, a transparent and institutionally trusted Bitcoin credit instrument.

More about Saturn：
https://www.rootdata.com/projects/detail/Saturn?k=MjI3NDY%3D

Source:
https://x.com/saturn_credit/status/2052410386813681984?s=20

[New Fundraising] Antier Solutions Raises $3 Million in Funding Led by GVFL

Antier Solutions is an Indian blockchain and Web3 development company focused on providing full-stack blockchain solutions to enterprises, including services such as crypto exchanges (CEX/DEX/white label/hybrid/derivatives), DeFi, NFT markets, Prediction Marketplaces, asset tokenization, Metaverse, AI integration, smart contract development, and Market Making Services.

More about Antier Solutions： 
https://www.rootdata.com/projects/detail/Antier?k=MzYxNw%3D%3D

Source: 
https://www.prnewswire.com/news-releases/gvfl-leads-3m-investment-in-antier-solutions-to-scale-enterprise-blockchain-infrastructure-302767080.html

[New M&A] MoonPay Acquires AI Research Firm Dawn Labs to Launch Trading Agent Dawn CLI

Dawn is an AI trading agent designed for prediction markets that converts users’ ideas into executable code.

More about Dawn Labs: https://www.rootdata.com/projects/detail/Dawn?k=MTc1Nzg%3D

Source: https://www.prnewswire.com/news-releases/moonpay-acquires-dawn-labs-launches-ai-trading-agent-dawn-cli-302768220.html

[New Fundraising] Coincheck Secures $65 Million Strategic Investment from KDDI

Coincheck is a crypto asset exchange in Japan with over 1.6 million verified accounts.

More about Coincheck： 
https://www.rootdata.com/projects/detail/Coincheck?k=MzkwOA%3D%3D

Source: 
https://www.businesswire.com/news/home/20260512231455/en/Coincheck-Group-Announces-Partnership-With-KDDI-Corporation-to-Expand-Access-to-Digital-Assets

[New Fundraising] Charms Raises $1.5 Million in Pre-Seed Funding, with Coinbase Ventures Among Investors

Charms is an Alive Assets platform that aims to deeply integrate AI characters with the on-chain economy, turning emotional connections into live assets that can be owned and traded.

More about Charms： 
https://www.rootdata.com/projects/detail/Charms?k=MjMyMDA%3D

Source: 
https://decrypt.co/367543/charms-raises-1-5m-pre-seed-to-bring-the-ai-character-economy-onchain

[New Fundraising] Genius Group Makes a $5 Million Strategic Investment in Jewel Bank

Jewel Bank is the institutional banking platform for the global digital asset economy. It provides core banking infrastructure to the world's leading exchanges, institutional investors, and payments platforms. Jewel standardizes key banking functions, such as digital asset banking, payments, fiat on/off ramps, custody, crypto-collateralized lending, stablecoin issuance, and real-time settlement services. This brings stability, consistency, and reliability to the digital asset ecosystem.

More about Jewel Bank： 
https://www.rootdata.com/projects/detail/Jewel%20Bank?k=NDE2NQ%3D%3D

Source: 
https://www.globenewswire.com/news-release/2026/05/12/3292869/0/en/genius-group-launches-new-digital-banking-and-stablecoin-initiative-designed-to-complement-ai-powered-education-platform.html

[New Fundraising] Elliptic Raises $120 Million at a $670 Million Valuation, Led by One Peak Partners

Elliptic enables financial institutions and cryptocurrency businesses to manage risk on the blockchain by using technology-enabled crypto AML compliance.

More about Elliptic： 
https://www.rootdata.com/projects/detail/Elliptic?k=MzY1NA%3D%3D

Source: 
https://www.bloomberg.com/news/articles/2026-05-12/deutsche-bank-nasdaq-back-crypto-firm-elliptic-in-120-million-round

[New Fundraising] Osero Raises $13.5 Million in Funding Led by Sky Ecosystem

Osero is a stablecoin yield infrastructure project incubated by the Sky Ecosystem (formerly MakerDAO).

More about Osero： 
https://www.rootdata.com/projects/detail/Osero?k=MjQ1MDU%3D

Source: 
https://www.theblock.co/post/400948/sky-ecosystem-stablewatch-stablecoin-yield-startup-osero-funding