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Venture Capital

Kalshi Officially Confirms $1B Raise at $22B Valuation
Kalshi's co-founder said the new capital will be used to accelerate that institutional adoption.

a16z Crypto Raises $2.2B Fund to Turn New Infra into Everyday Products
a16z crypto's Crypto Fund 5 was announced just a day after Haun Ventures revealed its $1 billion fund focused on crypto and the agentic economy.

Zcash Dev Team's New Company Raises $25M in Seed Round
Zcash Open Development Lab, which Zcash devs formed after leaving Electric Coin Capital, raised funds from prominent crypto VCs.

Dragonfly Raises $650M for New Fund to Back DeFi, Prediction Markets and Stablecoins
Dragonfly Capital has announced the closing of its $650 million Fund IV, focusing on stablecoins, decentralized finance, and prediction markets.

Crypto VCs Split as Hype Around DePIN Fades
The decentralized physical infrastructure sector faces a reality check as investors debate if it can deliver beyond the hype.

Seven Deals Made up 50% of Q3 Crypto VC Activity: Galaxy
The golden era of pre-seed crypto investing may be over, as most venture capital is now pouring into later-stage companies.

Lighter Rises to Top Perp DEX by Volume, Reveals $68M Raise
The funding round, led by Founders Fund and Ribbit Capital, values the company at about $1.5 billion.

DeFi Earning Aggregator Turtle Raises $5.5 Million
The fresh raise brings Turtle’s total funding to $11.7 million, with participation from major VCs and angel investors.

MetaDAO Community Votes Against VC Discount in $6M OTC Deal
The platform’s founders warned earlier that without new funding, MetaDAO would have only 24 months of runway.

Pantera Investor Says VCs Could Soon Ditch Equity for Tokens
Venture capital could shift from dual equity-token deals to simpler token-only models as fundraising tightens, per Pantera Capital’s Mason Nystrom.





