Crypto VC Funding: Capital B Secures $68.85m, Finary Bags $29.4m
In the world of crypto and fintech, several innovative projects have secured significant funding recently, further fueling the sector’s growth.
From Bitcoin-focused strategies to wealth management solutions, we’ve compiled a roundup of notable fundraising rounds, including projects raising over $20 million.
Summary
- Capital B raised $68.9 million to expand its Bitcoin treasury, leading this week’s funding
- Finary secured $29.4 million Series B for its wealth management platform expansion
- Kredete raised $22 million Series A to build financial software for African immigrants
According to Crypto Fundraising data, Capital B (ex The Blockchain Group) led this week’s funding period with a $68.85 million raise focused on AI and Bitcoin ecosystem development.
Here’s a comprehensive analysis of this week’s other efforts:
Capital B (ex The Blockchain Group)
- France-based Capital B raised $68.85 million to boost Bitcoin (BTC) holdings
- So far, the Euronext-listed Bitcoin Treasury Company has raised a total of $146.89 million.
Finary
- Wealth management platform Finary secured $29.4 million in a Series B round
- Its investors include Ventures, Y Combinator, and Speedinvest
Kredete
- The project has raised $22 million in a Series A round
- Kredete is a financial software platform focusing on African immigrants
- The funding was backed by Canary, Partech
Stablecore
- Stablecore gathered $20 million; backers include Norwest Venture Partners, Coinbase Ventures, and Curql
- The project is operating in asset management, finance/banking, and stablecoin sectors
Projects > $20 Million
- GRVT, $19 million in a series A round
- Mavryk Network, $10 million in a strategic round
- Openverse, $8 million in a series B round
- Titan, $7 million in a seed round
- BIO Protocol, $6.9 million in a seed round
- Senpi, $4 million in a seed round
- Superform Labs, $1.42 million in a public sale
- Epoch Protocol, $1.2 million in a pre-seed round
Crypto Firms Push Into US Banking
America’s cryptocurrency companies are scrambling to secure a foothold in the country’s traditional banking system, ... Read more
Ether Surges 16% Amid Speculation Of US ETF Approval
New York, USA – Ether, the second-largest cryptocurrency by market capitalization, experienced a significant surge of ... Read more
BlackRock And The Institutional Embrace Of Bitcoin
BlackRock’s strategic shift towards becoming the world’s largest Bitcoin fund marks a pivotal moment in the financia... Read more
Robinhood Faces Regulatory Scrutiny: SEC Threatens Lawsuit Over Crypto Business
Robinhood, the prominent retail brokerage platform, finds itself in the regulatory spotlight as the Securities and Excha... Read more
Analyst: Bitcoin Price Rejects Key Resistance But Uptrend View Remains Intact
Bitcoin’s price in its early-December drop reflects algorithmic flows, thin liquidity, and a resistance retest, with v... Read more
Ripple Secures Expanded Payment License From The Monetary Authority Of Singapore
Ripple Labs has secured an expanded license from Singapore’s central bank, adding to its already strong regulatory foo... Read more