[New Fundraising] Onramp Raises $12.5 Million in Series A Funding, Led by Early Riders

Onramp is a bitcoin asset management platform that offers multi-institutional custody solutions for individuals and institutions seeking secure and efficient bitcoin ownership. With a powerhouse advisory team and a commitment to bitcoin education, Onramp is dedicated to helping clients navigate the complexities of bitcoin ownership while maximizing security and minimizing counterparty risk. Onramp was designed from the ground up for HNWI, Family Offices, Investment Funds, Corporations, and Institutions that want best-in-class custody without any tradeoffs.

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

Source: 
https://www.axios.com/pro/fintech-deals/2026/05/14/onramp-bitcoin-custody-series-a

[New Fundraising] Gemini announces $100 million strategic investment from Winklevoss.

Gemini is a digital asset exchange and custodial services company that enables users to buy, sell, and store cryptocurrencies.

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

Source:
https://www.bloomberg.com/news/articles/2026-05-14/winklevosses-invest-100-million-in-battered-gemini-exchange

[New M&A]General Tensor completes its acquisition of Backprop Finance

Backprop Finance is the all-in-one trading hub for Bittensor. Support by Tensorplex Labs.

More about Backprop Finance:
https://www.rootdata.com/projects/detail/Backprop%20Finance?k=MTYyNzA%3D

Source：
https://markets.businessinsider.com/news/stocks/general-tensor-acquires-backprop-finance-assembling-the-financial-infrastructure-for-decentralized-ai-1036156031

[New Fundraising] Nof1 Raises $15 Million in Funding, Co-Led by SUI Group and Karatage

nof1 is an artificial intelligence research laboratory focusing on financial markets. Its Alpha Arena is a benchmark designed to measure artificial intelligence investing capabilities. Each model is played in the real market with $10,000 of real money and has the same tips and input data.

More about Nof1： 
https://www.rootdata.com/projects/detail/nof1?k=MjE5OTQ%3D

Source: 
https://www.coindesk.com/tech/2026/05/15/wall-street-is-starting-to-notice-one-of-crypto-s-smartest-ai-bets

[New Fundraising] AEON Closes $8 Million Pre-Seed Funding Round Led by YZi Labs

AEON is the next-generation crypto payment framework, built for AI to drive intelligent, automated payments across Web3 and simplify how crypto works in real life. With omni-chain support, AEON's AI Payments system allows intelligent agents to manage and automate transactions, payments, subscriptions, and remittances for users.

More about AEON： 
https://www.rootdata.com/projects/detail/AEON?k=MTQ3MTA%3D

Source: 
https://www.theblock.co/post/401601/aeon-raises-8-million-yzi-labs

[New Fundraising] Tomoland Secures $2 Million in Funding, Led by Sky9 Capital

Tomoland is a mobile-first UGC platform that merges AI-powered creation, social interaction, and true IP ownership. By utilizing the BUD Create infrastructure, Tomoland empowers creators to turn their digital creations into their own economy.

More about Tomoland： 
https://www.rootdata.com/projects/detail/Tomoland?k=MjQ1ODY%3D

Source: 
https://www.globenewswire.com/news-release/2026/05/19/3297122/0/en/tomoland-raises-usd-2-million-to-bring-ai-powered-ugc-platform-to-web3-sells-out-blueprint-founder-pass-in-2-hours.html

[New Fundraising] Ouinex has raised $3.5 million, bringing its total funding to $9 million

Ouinex is a digital asset exchange; by prioritizing transparency, liquidity, and sophistication, Ouinex delivers an institutional-level trading experience for beginners and experts alike.

More about Ouinex： 
https://www.rootdata.com/projects/detail/Ouinex?k=ODE3MA%3D%3D

Source: 
https://www.forbes.com/sites/boazsobrado/2026/05/19/fish-in-a-tank-with-sharks-ouinex-hits-9m-to-kill-the-order-book/

[New Fundraising] Catena Labs Raises $30 Million in Series A Funding, Led by a16z crypto and Acrew Capital

Catena Labs is a Web3 product development company incubating independent products spanning identity, communications, artificial intelligence, and commerce. Products currently launched include developer API and component suite DecentKit, decentralized social network Duffle, and custom AI agent solution Friday.

More about Catena Labs： 
https://www.rootdata.com/projects/detail/Catena%20Labs?k=MTAxODM%3D

Source: 
https://fortune.com/2026/05/20/catena-labs-series-a-sean-neville-ai-native-bank/

[New Fundraising] Variational Closes $50 Million Series A Funding Round Led by Dragonfly Capital

Variational is a crypto derivatives trading protocol based on Arbitrum. Its applications include Omni, a perpetual futures trading platform that allows traders to take leveraged long or short positions on any time series, with a special focus on newly launched tokens, baskets, yield/volatility perpetual contracts, and other new products. OLP is Omni's liquidity provider, which brings together liquidity from centralized and decentralized exchanges and over-the-counter trading platforms. The second application of Variational is Pro, a platform for institutional traders.

More about Variational： 
https://www.rootdata.com/projects/detail/Variational?k=NTc4Mg%3D%3D

Source: 
https://fortune.com/2026/05/20/variational-raises-50-million-series-a/

[New Fundraising] Cycles Raises $6.4 Million in Seed Funding, with Coinbase Ventures Among Investors

Cycles is an open clearing protocol, a platform to clear the most debt for the most people with the least money. In contrast to existing payment systems focused solely on the transfer of assets, Cycles is focused instead on the clearing of debts by operating over the network of liabilities which underly all payments. Cycles enables businesses to easily and privately upload their obligations, connect their sources of liquidity, settle up, and save. Using the network of obligations as a foundation, Cycles provides a platform for new kinds of currencies, lending protocols, and issuance protocols to be integrated in a risk-reduced environment for the benefit of real-world commerce.

More about Cycles： 
https://www.rootdata.com/projects/detail/Cycles?k=MTE3MzI%3D

Source: 
https://techfundingnews.com/the-missing-piece-in-cryptos-financial-infrastructure-just-raised-6-4m-to-fill-the-gap/

[New Fundraising] Foundation Raises $6.4 Million in Funding, Led by Fulgur Ventures

Foundation Devices is a developer of Bitcoin-centric tools, with their flagship product being Passport - a $259 hardware wallet that uses a camera and QR codes for secure communication, instead of a USB or wireless connection to the outside world. Additionally, they have developed the Envoy mobile app, which helps users set up, maintain, and interact with their Passport wallet.

More about Foundation Devices： 
https://www.rootdata.com/projects/detail/Foundation%20Devices?k=NjEwNA%3D%3D

Source: 
https://www.theblock.co/post/402012/foundation-raises-6-4-million-expand-bitcoin-hardware-wallets-ai-agent-authorization?utm_source=browser

[New Fundraising] TownSquare Completes Pre-A Round of Funding, Bringing Total Funding to $16.25 Million

TownSquare is a decentralized leverage and income market powered by cross-chain currency markets and modular income library that brings leverage returns to each chain and each original on-chain asset.

More about TownSquare： 
https://www.rootdata.com/projects/detail/townsquare?k=MjAxMTU%3D

Source: 
https://x.com/TownSquarexyz/status/2057480430186827952?s=20

[New Fundraising] HashKey Capital Fund Announces $40M Strategic Investment in SignalPlus

SignalPlus is a leading institutional-grade infrastructure platform in the crypto derivatives space that focuses on option trading systems, automated market-making, and structured product solutions. Currently, the services provided by SignalPlus are deeply integrated into the mainstream crypto options markets and it holds a leading market share in Asia.

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

Source: https://www.prnewswire.com/news-releases/hashkey-capital-fund-announces-40m-strategic-investment-in-signalplus-302778025.html

[New Fundraising] Jia announced a $3 million seed funding round led by Coinbase Venture, with participation from Stellar Development Foundation, A100x, TCG and Hashed Emergent.

Jia is an emerging DeFi platform that provides blockchain-based loans, investments, and ownership to businesses around the world.

More about Jia：
https://www.rootdata.com/projects/detail/Jia?k=MzE0Ng%3D%3D

Source:
https://www.thisweekinfintech.com/p/exclusive-tala-alumni-nab-3m-in-coinbase-led-round-to-fix-southeast-asia-s-sme-credit-crunch

[New Fundraising] K25.ai received a $2 million investment from NewGenIVF Group.

K25.ai is an AI-native live streaming and prediction platform that K25.ai integrates real-time content, creator communities, AI-assisted event generation, and prediction markets, transforming live streaming from a passive viewing experience into an interactive information marketplace.

More about K25.ai：
https://www.rootdata.com/projects/detail/K25ai?k=MjQ2MTQ%3D

Source:
https://www.techinasia.com/news/singapore-startup-k25-ai-lands-2m-from-nasdaq-firm

[New Fundraising] PopDEX completed a $30M funding round led by Foresight Ventures.

PopDEX is a decentralized exchange focused on capital efficiency, trading experience, and returning platform value to true contributors.

More about PopDEX：
https://www.rootdata.com/projects/detail/PopDEX?k=MjQ2MTY%3D

Source:
https://x.com/popdex_/status/2057733271568716055?s=20

[New Fundraising]Otomato announce a $2M raise led by improbable.

Otomato is a no-code Web3 automation protocol and DeFi smart assistant focused on helping users create, monitor, and automate on-chain behavior with ease.

More about Otomato：
https://www.rootdata.com/projects/detail/Otomato%20?k=MjI4NDU%3D

Source:
https://x.com/otomato_xyz/status/2059198373354463598?s=20

[New Fundraising]Hypernova raises $3 million in pre-seed funding.

Hypernova is an on-chain proprietary trading protocol designed to provide a trustless proprietary trading experience through smart contract-based instant payments and fully verifiable execution logic.

More about Hypernova：
https://www.rootdata.com/projects/detail/Hypernova?k=MjQ2NDE%3D

Source:
https://www.theblock.co/post/402923/hyperliquid-prop-trading-platform-hypernova-crypto-funding

[New M&A]Cosmos Labs Acquires Mintscan

Mintscan is the block explorer for networks based on Cosmos-SDK.

More about Mintscan: 
https://www.rootdata.com/projects/detail/Mintscan?k=Mzc0Mg%3D%3D

Source：
https://www.theblock.co/post/403652/cosmos-labs-acquires-mintscan-forms-korea-subsidiary

[New Fundraising]EDGE Markets Completes $29.2 Million Series A Funding Round Led by CoinFund

EDGE Markets is a prediction market infrastructure company that provides dedicated banking, payment processing, and settlement infrastructure for sports betting, iGaming, and CFTC-regulated prediction markets.

More about EDGE Markets： 
https://www.rootdata.com/projects/detail/EDGE%20Markets?k=MjQ3NTg%3D

Source: 
https://www.prnewswire.com/news-releases/edge-markets-raises-29-2-million-series-a-funding-round-302793671.html

[New Fundraising]Morpho Raises $175 Million in Funding Led by a16z Crypto, Paradigm, and Others

Morpho is a lending protocol that combines the liquidity pool model used by Compound or AAVE with the capital efficiency of peer-to-peer matching engines used in order books. Morpho-Compound improves Compound by providing the same user experience, liquidity, and liquidation parameters, but with an increased APY due to peer-to-peer matchings.

More about Morpho： 
https://www.rootdata.com/projects/detail/Morpho?k=MzA5NQ%3D%3D

Source: 
https://fortune.com/2026/06/09/morpho-fundraise-a16z-crypto-paradigm-ribbit-capital-175-million/