[New Fundraising] EDX Markets Completes $76 Million Series C Funding Round Led by SBI Holdings
EDX Markets (EDXM) is a platform for trading cryptocurrency and other digital assets. It combines proven technology with the best of traditional financial markets, enabling a highly liquid cryptocurrency ecosystem. This ecosystem aggregates liquidity from multiple market makers, reducing spreads and improving transparency.
More about EDX Markets:https://www.rootdata.com/projects/detail/EDX%20Markets?k=NDA0NQ%3D%3D
Source:https://www.prnewswire.com/news-releases/edx-markets-closes-76-million-series-c-funding-round-led-by-sbi-holdings-to-enhance-institutional-digital-asset-infrastructure-302819428.html
EDX Markets (EDXM) is a platform for trading cryptocurrency and other digital assets. It combines proven technology with the best of traditional financial markets, enabling a highly liquid cryptocurrency ecosystem. This ecosystem aggregates liquidity from multiple market makers, reducing spreads and improving transparency.
More about EDX Markets:https://www.rootdata.com/projects/detail/EDX%20Markets?k=NDA0NQ%3D%3D
Source:https://www.prnewswire.com/news-releases/edx-markets-closes-76-million-series-c-funding-round-led-by-sbi-holdings-to-enhance-institutional-digital-asset-infrastructure-302819428.html
PR Newswire
EDX Markets Closes $76 Million Series C Funding Round Led by SBI Holdings to Enhance Institutional Digital Asset Infrastructure
/PRNewswire/ -- EDX Markets, a leading digital asset technology firm that combines an institutional-only trading venue with a central clearinghouse, today...
[New Fundraising] Tether Makes a $20 Million Strategic Investment in Mercado Bitcoin
Mercado Bitcoin describes itself as an alternative asset trading platform in Latin America. It supports Brazilian Reals (BRL), offering BRL pairs for BTC, ETH, XRP, BCH, LTC, and USDC. In 2019, MB launched MB Digital Assets, an asset tokenization initiative that has issued more than BRL 25 MM in asset-backed tokens.
Source:https://tether.io/news/tether-to-invest-20-million-in-strategic-financing-round-for-mercado-bitcoin-to-accelerate-onchain-financial-infrastructure-in-latin-america/
More about Mercado Bitcoin:https://www.rootdata.com/projects/detail/Mercado%20Bitcoin?k=MzkzOQ%3D%3D
Mercado Bitcoin describes itself as an alternative asset trading platform in Latin America. It supports Brazilian Reals (BRL), offering BRL pairs for BTC, ETH, XRP, BCH, LTC, and USDC. In 2019, MB launched MB Digital Assets, an asset tokenization initiative that has issued more than BRL 25 MM in asset-backed tokens.
Source:https://tether.io/news/tether-to-invest-20-million-in-strategic-financing-round-for-mercado-bitcoin-to-accelerate-onchain-financial-infrastructure-in-latin-america/
More about Mercado Bitcoin:https://www.rootdata.com/projects/detail/Mercado%20Bitcoin?k=MzkzOQ%3D%3D
tether.io
Tether to Invest $20 Million in Strategic Financing Round for Mercado Bitcoin to Accelerate Onchain Financial Infrastructure in…
Investment supports Mercado Bitcoin’s expansion across tokenization, payments, credit, capital markets and regulated digital financial services 7 July 2026 – Tether, the largest company in the digital asset industry, today announced an investment of $20 million…
[Upcoming Key Events for Crypto Projects: Next Two Weeks]
Read more: https://www.rootdata.com/calendar
Read more: https://www.rootdata.com/calendar
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KOR Protocol Completes $7.5 Million Series A Funding Round at a $100 Million Valuation, with 1kx and Others Participating
KOR Protocol is an entertainment IP infrastructure that allows creators such as Black Mirror, deadmau5 and more to manage, distribute and monetise their IPs on-chain through an ecosystem of AI tools and applications.
Source:https://www.theblock.co/post/407465/1kx-blockchain-capital-7-5-million-kor-protocol-series-a-100-million-valuation
More about KOR Protocol:https://www.rootdata.com/projects/detail/KOR%20Protocol?k=MTM1ODI%3D
KOR Protocol is an entertainment IP infrastructure that allows creators such as Black Mirror, deadmau5 and more to manage, distribute and monetise their IPs on-chain through an ecosystem of AI tools and applications.
Source:https://www.theblock.co/post/407465/1kx-blockchain-capital-7-5-million-kor-protocol-series-a-100-million-valuation
More about KOR Protocol:https://www.rootdata.com/projects/detail/KOR%20Protocol?k=MTM1ODI%3D
The Block
1kx, Blockchain Capital back $7.5 million KOR Protocol Series A at $100 million valuation
KOR Protocol is building an onchain clearinghouse that helps register and route creative works and pay out rights holders.
[New Fundraising] Prime Intellect completed its $130 million Series A at a $1 billion valuation led by Radical Ventures, with participation from Nvidia Ventures, Intel Capital, Dell Technologies Capital, Iconiq, and a long list of angel investors.
Prime Intellect is a decentralized AI platform that commoditizing compute and intelligence. Empowering developers with more affordable and distributed computing, and a sustainable business model for open source models.
Source:
https://techcrunch.com/2026/07/08/prime-intellect-raises-130m-series-a-to-help-enterprises-build-their-own-ai-agents/
More about Prime Intellect:
https://www.rootdata.com/projects/detail/Prime%20Intellect?k=MTEwNTU%3D
Prime Intellect is a decentralized AI platform that commoditizing compute and intelligence. Empowering developers with more affordable and distributed computing, and a sustainable business model for open source models.
Source:
https://techcrunch.com/2026/07/08/prime-intellect-raises-130m-series-a-to-help-enterprises-build-their-own-ai-agents/
More about Prime Intellect:
https://www.rootdata.com/projects/detail/Prime%20Intellect?k=MTEwNTU%3D
TechCrunch
Prime Intellect raises $130M Series A to help enterprises build their own AI agents | TechCrunch
Founded in 2024, Prime Intellect’s goal is to give organizations capabilities to train their own agentic systems without relying on frontier AI labs.
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[New M&A] Nium acquires crypto wallet company Cypher
Cypher is a multi-chain wallet focused on EVM+Cosmos chains, aiming to simplify the wallet with an in-built bridge and a non-custodial crypto card.
More about Cypher:https://www.rootdata.com/projects/detail/Cypher?k=MTk1MQ%3D%3D
Source:https://cypherhq.io/blog/cypher-is-being-acquired-by-nium
Cypher is a multi-chain wallet focused on EVM+Cosmos chains, aiming to simplify the wallet with an in-built bridge and a non-custodial crypto card.
More about Cypher:https://www.rootdata.com/projects/detail/Cypher?k=MTk1MQ%3D%3D
Source:https://cypherhq.io/blog/cypher-is-being-acquired-by-nium
[New Fundraising] Gauntlet Secures $125 Million Investment from SBI Holdings
Gauntlet is a simulation platform for on-chain risk management. It uses agent-based simulation to tune a protocol's key parameters, improving capital efficiency, fees, risk, and incentives.
More about Gauntlet:
https://www.rootdata.com/projects/detail/Gauntlet?k=MjEzNg%3D%3D
Source:
https://fortune.com/2026/07/09/gauntlet-defi-vault-risk-curation-tarun-chitra-sbi-holdings-fundraise/
Gauntlet is a simulation platform for on-chain risk management. It uses agent-based simulation to tune a protocol's key parameters, improving capital efficiency, fees, risk, and incentives.
More about Gauntlet:
https://www.rootdata.com/projects/detail/Gauntlet?k=MjEzNg%3D%3D
Source:
https://fortune.com/2026/07/09/gauntlet-defi-vault-risk-curation-tarun-chitra-sbi-holdings-fundraise/
Fortune
DeFi veteran Gauntlet raises $125 million from Japanese financial giant SBI Holdings | Fortune
The Japanese conglomerate has made bets on other crypto protocols, including the lender Morpho and the blockchain Arc.
[New Fundraising] Elliptic Secures Investment from Circle Ventures
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://x.com/elliptic/status/2075189473357271542
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://x.com/elliptic/status/2075189473357271542
X (formerly Twitter)
Elliptic (@elliptic) on X
🔔 We're pleased to announce that Circle Ventures has invested in Elliptic.
The investment follows soon after our $120 million Series D, which One Peak led in May alongside Nasdaq Ventures, Deutsche Bank and the British Business Bank.
And it comes with something…
The investment follows soon after our $120 million Series D, which One Peak led in May alongside Nasdaq Ventures, Deutsche Bank and the British Business Bank.
And it comes with something…
[New Fundraising] QIZ Security Completes $17 Million Seed Round Led by Bessemer Venture Partners and Merlin Ventures
QIZ Security is an enterprise security platform that specializes in post-quantum cryptography (PQC) and cryptographic management, assisting organizations in discovering, inventorying, prioritizing, and governing their cryptographic assets to address quantum computing risks.
More about QIZ Security:
https://www.rootdata.com/projects/detail/QIZ%20Security?k=MjUyNjM%3D
Source:
https://www.prnewswire.com/news-releases/qiz-security-raises-17m-seed-to-lead-cyber-readiness-for-the-post-quantum-era-302820074.html
QIZ Security is an enterprise security platform that specializes in post-quantum cryptography (PQC) and cryptographic management, assisting organizations in discovering, inventorying, prioritizing, and governing their cryptographic assets to address quantum computing risks.
More about QIZ Security:
https://www.rootdata.com/projects/detail/QIZ%20Security?k=MjUyNjM%3D
Source:
https://www.prnewswire.com/news-releases/qiz-security-raises-17m-seed-to-lead-cyber-readiness-for-the-post-quantum-era-302820074.html
PR Newswire
QIZ Security Raises $17M Seed to Lead Cyber Readiness for the Post-Quantum Era
/PRNewswire/ -- QIZ Security, the cryptographic posture and Post-Quantum Cryptography (PQC) management platform, today announced a $17 million seed round led...
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[New Job Dynamics] In the past one month, RootData has recorded job changes for over 100 key individuals.
Details: https://www.rootdata.com/people
Details: https://www.rootdata.com/people
[New Fundraising] Flex Closes $70 Million Series B1 Funding Round, Led by Halo Fund
Flex is an AI-native fintech platform dedicated to providing integrated financial solutions for medium-sized business owners. It is launching Flex Global, a stablecoin-based cross-border commercial banking platform to help mid-sized enterprises conduct global payments and fund management through stablecoin infrastructure.
More about Flex:
https://www.rootdata.com/projects/detail/Flex?k=MjUzMjU%3D
Source:
https://www.forbes.com/sites/digital-assets/2026/07/14/flex-raises-70-million-to-put--business-banking-on-stablecoin-rails/
Flex is an AI-native fintech platform dedicated to providing integrated financial solutions for medium-sized business owners. It is launching Flex Global, a stablecoin-based cross-border commercial banking platform to help mid-sized enterprises conduct global payments and fund management through stablecoin infrastructure.
More about Flex:
https://www.rootdata.com/projects/detail/Flex?k=MjUzMjU%3D
Source:
https://www.forbes.com/sites/digital-assets/2026/07/14/flex-raises-70-million-to-put--business-banking-on-stablecoin-rails/
Forbes
Flex Raises $70 Million To Put Business Banking On Stablecoin Rails
Invisible stablecoin rails are making cross-border banking faster for business owners. Flex has raised a $70 million Series B1 to capitalize on the shift.
[New Fundraising] Velocity Closes $38 Million Series A Funding Round Led by Dragonfly
Velocity is a payment and fund management platform built for corporate CFOs and global finance teams. It uses stablecoin technology to unify payment, real-time settlement, fund management and foreign exchange on a programmable platform, enabling 24/7 instant global flow of funds without the need for pre-deposited funds and earning income, helping companies bid farewell to traditional slow cross-border financial processes.
More about Velocity:
https://www.rootdata.com/projects/detail/Velocity?k=MjQ4NzQ%3D
Source:
https://fortune.com/2026/07/14/exclusive-payments-startup-velocity-38-million-businesses-stablecoin-growth/
Velocity is a payment and fund management platform built for corporate CFOs and global finance teams. It uses stablecoin technology to unify payment, real-time settlement, fund management and foreign exchange on a programmable platform, enabling 24/7 instant global flow of funds without the need for pre-deposited funds and earning income, helping companies bid farewell to traditional slow cross-border financial processes.
More about Velocity:
https://www.rootdata.com/projects/detail/Velocity?k=MjQ4NzQ%3D
Source:
https://fortune.com/2026/07/14/exclusive-payments-startup-velocity-38-million-businesses-stablecoin-growth/
Fortune
Exclusive: Payments startup Velocity raises $38 million to help businesses tap stablecoin growth | Fortune
Dragonfly and Firstmark led the Series A round, with backing from Coinbase and Capital One.
[New Fundraising] Pact Labs Completes $7 Million Series A Funding Round Led by Tether
Pact Labs is a blockchain technology company specializing in Asset-based Lending (ABL), building an integrated and cross-border on-chain credit infrastructure through smart contracts and stablecoins.
More about Pact Labs:
https://www.rootdata.com/projects/detail/Pact%20Labs?k=MjUzMjc%3D
Source:
https://tether.io/news/tether-leads-7-million-series-a-in-pact-labs-to-expand-usat-across-payroll-and-payments/
Pact Labs is a blockchain technology company specializing in Asset-based Lending (ABL), building an integrated and cross-border on-chain credit infrastructure through smart contracts and stablecoins.
More about Pact Labs:
https://www.rootdata.com/projects/detail/Pact%20Labs?k=MjUzMjc%3D
Source:
https://tether.io/news/tether-leads-7-million-series-a-in-pact-labs-to-expand-usat-across-payroll-and-payments/
tether.io
Tether Leads $7 Million Series A in Pact Labs to Expand USA₮ Across Payroll and Payments - Tether.io
14 July 2026 – Tether, the largest company in the digital asset ecosystem, today announced that it has led a $7 million Series A financing round in Pact Labs, with participation from Blockchange Ventures and Lasagna. The investment will support Pact Labs’…
[New Feature Alert: RD AI Insights is LIVE! ]
Ever wondered why a project is trending?
Our new AI-powered module decodes the drivers behind every hot project on RootData. Get instant, data-backed context to fuel smarter research & investment decisions.
Explore now rootdata.com
Ever wondered why a project is trending?
Our new AI-powered module decodes the drivers behind every hot project on RootData. Get instant, data-backed context to fuel smarter research & investment decisions.
Explore now rootdata.com
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[New M&A] FalconX acquires bloXroute
BloXroute's unique network architecture speeds up block propagation by up to 2 seconds, transaction propagation by up to 1 second, and transaction detection by up to 50-400 milliseconds. By offering mempool services and transaction/block propagation facilities, the services help DeFi traders earn more trades.
More about bloXroute:https://www.rootdata.com/projects/detail/bloXroute?k=Mjg1Mg%3D%3D
Source:https://x.com/FalconXGlobal/status/2077431645381034149?s=20
BloXroute's unique network architecture speeds up block propagation by up to 2 seconds, transaction propagation by up to 1 second, and transaction detection by up to 50-400 milliseconds. By offering mempool services and transaction/block propagation facilities, the services help DeFi traders earn more trades.
More about bloXroute:https://www.rootdata.com/projects/detail/bloXroute?k=Mjg1Mg%3D%3D
Source:https://x.com/FalconXGlobal/status/2077431645381034149?s=20
[New M&A] MoonPay Acquires Glide
Glide is a cryptocurrency deposit company that lets decentralized apps use a pre-set wallet top-up process, accepting crypto deposits from blockchains, wallets, or exchanges.
More about Glide:https://www.rootdata.com/projects/detail/Glide?k=MjUzNTY%3D
Source:https://cointelegraph.com/news/moonpay-acquires-glide-strengthen-crypto-deposits/
Glide is a cryptocurrency deposit company that lets decentralized apps use a pre-set wallet top-up process, accepting crypto deposits from blockchains, wallets, or exchanges.
More about Glide:https://www.rootdata.com/projects/detail/Glide?k=MjUzNTY%3D
Source:https://cointelegraph.com/news/moonpay-acquires-glide-strengthen-crypto-deposits/
Cointelegraph
MoonPay Acquires Glide to Expand Crypto Deposit Tools
MoonPay has acquired Glide, a crypto infrastructure startup founded by former Robinhood Wallet engineers, to add cross-chain deposit routing technology to its platform.
[New Fundraising] Pascal Completes $9 Million Series A Funding Round, Led by USV
Pascal is the prediction market for traders.
More about Pascal:https://www.rootdata.com/projects/detail/pascal?k=MjI4MDM%3D
Source:https://fortune.com/2026/07/16/exclusive-prediction-market-startup-pascal-9-million-heavyweights-kalshi-and-polymarket/
Pascal is the prediction market for traders.
More about Pascal:https://www.rootdata.com/projects/detail/pascal?k=MjI4MDM%3D
Source:https://fortune.com/2026/07/16/exclusive-prediction-market-startup-pascal-9-million-heavyweights-kalshi-and-polymarket/
Fortune
Exclusive: Prediction market startup Pascal raises $9 million to challenge heavyweights Kalshi and Polymarket | Fortune
The New York-based startup raised a Series A led by Union Square Ventures.
[New Fundraising] Alpaca Raises $135 Million in Funding Round Led by Peak XV
Alpaca is an API-first trading platform that enables developers to build stock, options and cryptocurrency trading applications. It supports commission-free trading, fragmented stock trading, and 24/5 market access. Alpaca was founded in 2017 as a stockbroking firm.
More about Alpaca:https://www.rootdata.com/projects/detail/Alpaca?k=MTk1NTM%3D
Source:https://www.businesswire.com/news/home/20260716033634/en/Alpaca-Raises-$135-Million-to-Scale-Agent-First-Brokerage-Infrastructure-for-Tokenized-Markets-and-AI-Native-Financial-Services
Alpaca is an API-first trading platform that enables developers to build stock, options and cryptocurrency trading applications. It supports commission-free trading, fragmented stock trading, and 24/5 market access. Alpaca was founded in 2017 as a stockbroking firm.
More about Alpaca:https://www.rootdata.com/projects/detail/Alpaca?k=MTk1NTM%3D
Source:https://www.businesswire.com/news/home/20260716033634/en/Alpaca-Raises-$135-Million-to-Scale-Agent-First-Brokerage-Infrastructure-for-Tokenized-Markets-and-AI-Native-Financial-Services
Businesswire
Alpaca Raises $135 Million to Scale Agent-First Brokerage Infrastructure for Tokenized Markets and AI-Native Financial Services
Alpaca raises $135 million to scale agent-first brokerage infrastructure for tokenized markets and AI-native financial services, amid strong growth.
[New Fundraising] Trasia raised $1.75 million in seed funding, participated by Multicoin Capital.
Trasia is a perpetual contract exchange based on Hyperliquid, focusing on serving Asian traders.
Source:
https://www.theblock.co/post/408670/multicoin-capital-hyperliquid-ecosystem-investment-trasia
More about Trasia:
https://www.rootdata.com/projects/detail/Trasia?k=MjUzNTg%3D
Trasia is a perpetual contract exchange based on Hyperliquid, focusing on serving Asian traders.
Source:
https://www.theblock.co/post/408670/multicoin-capital-hyperliquid-ecosystem-investment-trasia
More about Trasia:
https://www.rootdata.com/projects/detail/Trasia?k=MjUzNTg%3D
The Block
Multicoin Capital makes first Hyperliquid ecosystem investment in Trasia, an Asia-focused trading platform
Built on Hyperliquid, Trasia was co-founded by former Multicoin Capital partner Mable Jiang and aims to serve Asian traders.
[New Fundraising] Crypto.com raises $400 million investment from Citadel Securities, valued at $2 billion
Founded in 2016, Crypto.com serves more than 50 million customers and is one of the world's fastest-growing global cryptocurrency platforms. Crypto.com is committed to accelerating the adoption of cryptocurrency through innovation and empowering the next generation of builders, creators, and entrepreneurs to create a fairer and more equitable digital ecosystem.
Source:
https://www.coindesk.com/business/2026/07/16/citadel-securities-invests-usd400-million-in-crypto-com-valuing-exchange-at-usd20-billion
More about Crypto.com:
https://www.rootdata.com/projects/detail/Cryptocom?k=MzkxMQ%3D%3D
Founded in 2016, Crypto.com serves more than 50 million customers and is one of the world's fastest-growing global cryptocurrency platforms. Crypto.com is committed to accelerating the adoption of cryptocurrency through innovation and empowering the next generation of builders, creators, and entrepreneurs to create a fairer and more equitable digital ecosystem.
Source:
https://www.coindesk.com/business/2026/07/16/citadel-securities-invests-usd400-million-in-crypto-com-valuing-exchange-at-usd20-billion
More about Crypto.com:
https://www.rootdata.com/projects/detail/Cryptocom?k=MzkxMQ%3D%3D