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Dao5 Closes Its Second Fund With $222M Raised for a Multi-Strategy Investment VehicleQuick take: Dao5 closed its first fund in 2022 with $125 million in funding and has since invested in over 50 crypto projects including Bittensor, Story Protocol, and EigenLayer. The firm has already deployed the entirety of its first fund and the vast majority of commitments to its limited partners. The latest fund brings the total assets under management to approximately $550 million. Dao5 a venture capital firm focused on advancing the mainstream adoption of digital assets has closed its

Dao5 Closes Its Second Fund With $222M Raised for a Multi-Strategy Investment Vehicle

Quick take:

Dao5 closed its first fund in 2022 with $125 million in funding and has since invested in over 50 crypto projects including Bittensor, Story Protocol, and EigenLayer.

The firm has already deployed the entirety of its first fund and the vast majority of commitments to its limited partners.

The latest fund brings the total assets under management to approximately $550 million.

Dao5 a venture capital firm focused on advancing the mainstream adoption of digital assets has closed its
Web3 Startup Dinari Secures $12.7M Series a Led By Hack VC and Blockchange VenturesQuick take: The Series A round also attracted participation from VanEck Ventures, F-Prime and the Avalanche Fund. The company plans to use the fresh capital to enhance regulation compliance in the countries it operates in. Dinari’s blockchain-based platform allows non-U.S. investors to buy shares in U.S. companies. Dinari, a tokenisation startup that allows non-U.S. investors to buy shares of U.S. companies has raised $12.7 million in a Series A round led by Hack VC and Blockchange Ventures.

Web3 Startup Dinari Secures $12.7M Series a Led By Hack VC and Blockchange Ventures

Quick take:

The Series A round also attracted participation from VanEck Ventures, F-Prime and the Avalanche Fund.

The company plans to use the fresh capital to enhance regulation compliance in the countries it operates in.

Dinari’s blockchain-based platform allows non-U.S. investors to buy shares in U.S. companies.

Dinari, a tokenisation startup that allows non-U.S. investors to buy shares of U.S. companies has raised $12.7 million in a Series A round led by Hack VC and Blockchange Ventures.
Visa Taps Bridge to Launch Stablecoin-Linked Visa Cards in Latin AmericaQuick take: The product will initially launch across six countries in Latin America, including Argentina, Colombia, Ecuador, Mexico, Peru, and Chile. It allows merchants to get paid in their local currencies. Cardholders will be able to make purchases using stablecoins “at any merchant location that accepts Visa.” Visa has unveiled its next steps for the advancement of global payments. The company introduced new features and products on Wednesday including an AI-powered consumer shopping exp

Visa Taps Bridge to Launch Stablecoin-Linked Visa Cards in Latin America

Quick take:

The product will initially launch across six countries in Latin America, including Argentina, Colombia, Ecuador, Mexico, Peru, and Chile.

It allows merchants to get paid in their local currencies.

Cardholders will be able to make purchases using stablecoins “at any merchant location that accepts Visa.”

Visa has unveiled its next steps for the advancement of global payments. The company introduced new features and products on Wednesday including an AI-powered consumer shopping exp
Visa Taps Bridge to Launch Stablecoin-Backed Credit Cards in Latin AmericaQuick take: The product will initially launch across six countries in Latin America, including Argentina, Colombia, Ecuador, Mexico, Peru, and Chile. It allows merchants to get paid in their local currencies. Cardholders will be able to make purchases using stablecoins “at any merchant location that accepts Visa.” Visa has unveiled its next steps for the advancement of global payments. The company introduced new features and products on Wednesday including an AI-powered consumer shopping exp

Visa Taps Bridge to Launch Stablecoin-Backed Credit Cards in Latin America

Quick take:

The product will initially launch across six countries in Latin America, including Argentina, Colombia, Ecuador, Mexico, Peru, and Chile.

It allows merchants to get paid in their local currencies.

Cardholders will be able to make purchases using stablecoins “at any merchant location that accepts Visa.”

Visa has unveiled its next steps for the advancement of global payments. The company introduced new features and products on Wednesday including an AI-powered consumer shopping exp
Re7 Capital Launches $10M New Fund to Invest in Early-Stage SocialFi StartupsQuick take: Re7 Capital said the fund targets teams with high conviction and focus, with additional capital reserved for follow-on support. The fund is anchored by Re7 Capital with further support coming from Lens, Farcaster Founder Dan Romero, and existing Re7 Capital limited partners. Luc de Leyritz, general partner of SocialFi at Re7 Capital starting with a small fund size “keeps incentives on carry, not fees, forces discipline.” Re7 Capital has launched a $10 million new fund to invest i

Re7 Capital Launches $10M New Fund to Invest in Early-Stage SocialFi Startups

Quick take:

Re7 Capital said the fund targets teams with high conviction and focus, with additional capital reserved for follow-on support.

The fund is anchored by Re7 Capital with further support coming from Lens, Farcaster Founder Dan Romero, and existing Re7 Capital limited partners.

Luc de Leyritz, general partner of SocialFi at Re7 Capital starting with a small fund size “keeps incentives on carry, not fees, forces discipline.”

Re7 Capital has launched a $10 million new fund to invest i
Dragonfly, A16z Crypto and Vaneck Ventures Lead $7M Funding for Stablecoin Startup ZarQuick take: The fundraising also attracted participation from Coinbase Ventures and the co-founders of the Solana blockchain. Founded by Brandon Timinsky, Zar has already registered over 100,000 customer signups while over 7000 vendors have expressed interest. Vendors will be able to make money from the service by choosing their own exchange rates and adding a profit margin. Brandon Timinsky, former CEO of a Pakistani payments company has raised $7 million for Zar, his newest project that se

Dragonfly, A16z Crypto and Vaneck Ventures Lead $7M Funding for Stablecoin Startup Zar

Quick take:

The fundraising also attracted participation from Coinbase Ventures and the co-founders of the Solana blockchain.

Founded by Brandon Timinsky, Zar has already registered over 100,000 customer signups while over 7000 vendors have expressed interest.

Vendors will be able to make money from the service by choosing their own exchange rates and adding a profit margin.

Brandon Timinsky, former CEO of a Pakistani payments company has raised $7 million for Zar, his newest project that se
Libre to Tokenise $500M of the Blockchain-Based Telegram Bond Fund on the TON NetworkQuick take: Libre now wants to tokenise $500 million worth of Telegram debt on the TON network. The Teleram Bond Fund offers accredited investors exposure to the $2.35 billion of outstanding bonds issued by Telegram. Investors also gain access to institutional-grade yield products that can be used as collateral for on-chain borrowing and product development on TON. Libre, the on-chain tokenisation firm plans to tokenise $500 million of Telegram debt on the TON Network. This is not Libre’s fi

Libre to Tokenise $500M of the Blockchain-Based Telegram Bond Fund on the TON Network

Quick take:

Libre now wants to tokenise $500 million worth of Telegram debt on the TON network.

The Teleram Bond Fund offers accredited investors exposure to the $2.35 billion of outstanding bonds issued by Telegram.

Investors also gain access to institutional-grade yield products that can be used as collateral for on-chain borrowing and product development on TON.

Libre, the on-chain tokenisation firm plans to tokenise $500 million of Telegram debt on the TON Network. This is not Libre’s fi
BlackRock Taps BNY Mellon to Offer DLT Shares of Its $150B Tokenised Treasury Trust FundQuick take: The global asset manager is issuing new digital shares for its $150 billion Treasury Trust fund. BNY Mellon is the fund’s exclusive distributor, according to an SEC filing, which is subject to approval. Institutional buyers of the digital ledger technology (DLT) shares will be required to invest at least $3 million, with no limit on subsequent purchases. BlackRock is introducing a new class of shares for its $150 billion tokenised Treasury Trust fund. The company is using BNY Mel

BlackRock Taps BNY Mellon to Offer DLT Shares of Its $150B Tokenised Treasury Trust Fund

Quick take:

The global asset manager is issuing new digital shares for its $150 billion Treasury Trust fund.

BNY Mellon is the fund’s exclusive distributor, according to an SEC filing, which is subject to approval.

Institutional buyers of the digital ledger technology (DLT) shares will be required to invest at least $3 million, with no limit on subsequent purchases.

BlackRock is introducing a new class of shares for its $150 billion tokenised Treasury Trust fund. The company is using BNY Mel
BlackRock Taps BNY Mellon for New $150B Tokenised Treasury Trust FundQuick take: The global asset manager is issuing new digital shares for its $150 billion Treasury Trust fund. BNY Mellon is the fund’s exclusive distributor, according to an SEC filing, which is subject to approval. Institutional buyers of the digital ledger technology (DLT) shares will be required to invest at least $3 million, with no limit on subsequent purchases. BlackRock is introducing a new class of shares for its $150 billion tokenised Treasury Trust fund. The company is using BNY Mel

BlackRock Taps BNY Mellon for New $150B Tokenised Treasury Trust Fund

Quick take:

The global asset manager is issuing new digital shares for its $150 billion Treasury Trust fund.

BNY Mellon is the fund’s exclusive distributor, according to an SEC filing, which is subject to approval.

Institutional buyers of the digital ledger technology (DLT) shares will be required to invest at least $3 million, with no limit on subsequent purchases.

BlackRock is introducing a new class of shares for its $150 billion tokenised Treasury Trust fund. The company is using BNY Mel
Miden Spins Out From Polygon With $25M Funding Led By A16z Crypto, 1kx and Hack VCQuick take: The fundraising also attracted participation from Finality Capital Partners, Symbolic Capital, P2 Ventures, Delta Fund, and MH Ventures. Miden leverages zero-knowledge technology to provide the confidentiality that large institutions require when executing large payment batches. Miden was incubated in Polygon in 2021 and plans to launch its main network by the end of the year. Miden, a privacy-focused institutional grade protocol has secured $25 million in seed funding led by A16

Miden Spins Out From Polygon With $25M Funding Led By A16z Crypto, 1kx and Hack VC

Quick take:

The fundraising also attracted participation from Finality Capital Partners, Symbolic Capital, P2 Ventures, Delta Fund, and MH Ventures.

Miden leverages zero-knowledge technology to provide the confidentiality that large institutions require when executing large payment batches.

Miden was incubated in Polygon in 2021 and plans to launch its main network by the end of the year.

Miden, a privacy-focused institutional grade protocol has secured $25 million in seed funding led by A16
Unto Labs Raises $14.4 Million for New Layer-1 Blockchain ThruQuick take: The fundraising attracted participation from crypto VCs Framework Ventures and Electric Capital. The company will use the funds to hire more employees as it seeks to double the size of its staff from five to ten. By leveraging RSIC-V, Heeger says the new virtual machine will make the Thru blockchain more accessible to non-crypto native developers. Unto Labs has announced a $14.4 million funding round backed by leading crypto-focused venture firms, Framework Ventures and Electric

Unto Labs Raises $14.4 Million for New Layer-1 Blockchain Thru

Quick take:

The fundraising attracted participation from crypto VCs Framework Ventures and Electric Capital.

The company will use the funds to hire more employees as it seeks to double the size of its staff from five to ten.

By leveraging RSIC-V, Heeger says the new virtual machine will make the Thru blockchain more accessible to non-crypto native developers.

Unto Labs has announced a $14.4 million funding round backed by leading crypto-focused venture firms, Framework Ventures and Electric
Miden Spins Out From Polygon With $25M Funding Led By A16z Crypto,1kx and Hack VCQuick take: The fundraising also attracted participation from Finality Capital Partners, Symbolic Capital, P2 Ventures, Delta Fund, and MH Ventures. Miden leverages zero-knowledge technology to provide the confidentiality that large institutions require when executing large payment batches. Miden was incubated in Polygon in 2021 and plans to launch its main network by the end of the year. Miden, a privacy-focused institutional grade protocol has secured $25 million in seed funding led by A16

Miden Spins Out From Polygon With $25M Funding Led By A16z Crypto,1kx and Hack VC

Quick take:

The fundraising also attracted participation from Finality Capital Partners, Symbolic Capital, P2 Ventures, Delta Fund, and MH Ventures.

Miden leverages zero-knowledge technology to provide the confidentiality that large institutions require when executing large payment batches.

Miden was incubated in Polygon in 2021 and plans to launch its main network by the end of the year.

Miden, a privacy-focused institutional grade protocol has secured $25 million in seed funding led by A16
Camp Network Secures $25M Series a Round Co-Led By 1kx and Blockchain CapitalQuick take: The company will use the fresh capital to scale its privacy-focused layer-1 network. Camp Network allows users to register and tokenize their IP on-chain and train and deploy AI agents. The company has now raised $30 million in total, according to a press release seen by NFTgators. Camp Network has secured $30 million in total funding, following a $25 million Series A round announced on Tuesday. 1kx and Blockchain Capital co-led the latest funding, with participation from dao5, L

Camp Network Secures $25M Series a Round Co-Led By 1kx and Blockchain Capital

Quick take:

The company will use the fresh capital to scale its privacy-focused layer-1 network.

Camp Network allows users to register and tokenize their IP on-chain and train and deploy AI agents.

The company has now raised $30 million in total, according to a press release seen by NFTgators.

Camp Network has secured $30 million in total funding, following a $25 million Series A round announced on Tuesday. 1kx and Blockchain Capital co-led the latest funding, with participation from dao5, L
Lombard and Eigen Foundation Team Up to Bring Bitcoin Restaking to EigenLayerQuick take: The two companies have partnered to bring Lombard’s liquid-staked bitcoin LBTC to the EigenLayer ecosystem, for restaking. Lombard and Eigen Foundations also plan to bolster BTC restaking security and slashing design in the coming months. The partnership will contribute to Lombard’s long-term plan of expanding Bitcoin utility through more use cases. Bitcoin liquid staking platform Lombard has partnered with Eigen Foundation to bring BTC restaking to the EigenLayer ecosystem. The

Lombard and Eigen Foundation Team Up to Bring Bitcoin Restaking to EigenLayer

Quick take:

The two companies have partnered to bring Lombard’s liquid-staked bitcoin LBTC to the EigenLayer ecosystem, for restaking.

Lombard and Eigen Foundations also plan to bolster BTC restaking security and slashing design in the coming months.

The partnership will contribute to Lombard’s long-term plan of expanding Bitcoin utility through more use cases.

Bitcoin liquid staking platform Lombard has partnered with Eigen Foundation to bring BTC restaking to the EigenLayer ecosystem. The
Paradigm Anchors $50M Series a for Decentralised AI Startup Nous ResearchQuick take: The company previously raised $20 million from investors including Distributed Global, North Island Ventures, and Delphi Digital. Nous Research is using the Solana blockchain to train its open-source AI models. A big percentage of the new funding will go to compute power and expanding its research capabilities. Nous Research, a decentralised AI startup has raised $50 million in a Series A round almost entirely funded by crypto-focused venture firm Paradigm. The fundraising closed

Paradigm Anchors $50M Series a for Decentralised AI Startup Nous Research

Quick take:

The company previously raised $20 million from investors including Distributed Global, North Island Ventures, and Delphi Digital.

Nous Research is using the Solana blockchain to train its open-source AI models.

A big percentage of the new funding will go to compute power and expanding its research capabilities.

Nous Research, a decentralised AI startup has raised $50 million in a Series A round almost entirely funded by crypto-focused venture firm Paradigm. The fundraising closed
Tether Doubles Down on Sports As It Increases Stake in Juventus FC to Over 10%Quick take: Tether said the investment is a reflection of its commitment to Juventus’ future and the club’s intrinsic value and growth potential. The partnership is aimed at creating synergies between the worlds of sport and technology. Tether is also open to further equity investments to help strengthen Juventus’s financial foundation and avoid dilution of its position. Tether has announced a further investment in Juventus Football Club, bringing its total stake to 10.12%, up from 8.2%. The

Tether Doubles Down on Sports As It Increases Stake in Juventus FC to Over 10%

Quick take:

Tether said the investment is a reflection of its commitment to Juventus’ future and the club’s intrinsic value and growth potential.

The partnership is aimed at creating synergies between the worlds of sport and technology.

Tether is also open to further equity investments to help strengthen Juventus’s financial foundation and avoid dilution of its position.

Tether has announced a further investment in Juventus Football Club, bringing its total stake to 10.12%, up from 8.2%. The
Crypto Trading Platform Theo Closes $15.5M Round Co-led By Hack VC and Anthos CapitalQuick take: The latest round also attracted participation from Manifold Trading, Mirana Ventures, Metalayer Ventures, Flowdesk, SCB, MEXC, Amber Group and Selini Capital. The company operates a low-latency validator set that ensures safe custody for users and rule-based access for institutional clients. Theo plans to use the fresh capital to bolster its validator structure, facilitate more integrations and grow its user base. Theo, a crypto trading platform focused on providing enterprise-gr

Crypto Trading Platform Theo Closes $15.5M Round Co-led By Hack VC and Anthos Capital

Quick take:

The latest round also attracted participation from Manifold Trading, Mirana Ventures, Metalayer Ventures, Flowdesk, SCB, MEXC, Amber Group and Selini Capital.

The company operates a low-latency validator set that ensures safe custody for users and rule-based access for institutional clients.

Theo plans to use the fresh capital to bolster its validator structure, facilitate more integrations and grow its user base.

Theo, a crypto trading platform focused on providing enterprise-gr
Anonymous Labs Taps Banijay Rights to Bring the Peaky Blinders TV Show to Web3 GamingQuick take: The game features a decentralised playground of the streets of 1920s London, where fans can engage in various activities, including completing missions. The game is being built as a AAA gaming title, with an emphasis on quality. It also features digital collectables and community engagement, common features of blockchain games. Anonymous Labs has teamed up with Banijay Rights to bring the multi-award-winning TV show, Peaky Blinders to the world of Web3. Banijay Rights, the global

Anonymous Labs Taps Banijay Rights to Bring the Peaky Blinders TV Show to Web3 Gaming

Quick take:

The game features a decentralised playground of the streets of 1920s London, where fans can engage in various activities, including completing missions.

The game is being built as a AAA gaming title, with an emphasis on quality.

It also features digital collectables and community engagement, common features of blockchain games.

Anonymous Labs has teamed up with Banijay Rights to bring the multi-award-winning TV show, Peaky Blinders to the world of Web3. Banijay Rights, the global
Crypto VC RockawayX Closes $125M Second Fund Focused on Solana-Based ProjectsQuick take: Rockawayx began raising the funds in March 2024, with a majority of the $125 million secured in Q4 2024 and Q1 2025. The new fund is backed by Rockaway Capital, which anchored the firm’s first fund, alongside a mix of family offices, private equity firms, high-net-worth individuals and crypto founders. Roughly 20% of the new fund has already been invested into projects including DoubleZero, Exponent, Hyperlend, Silhouette, Fragmetric and OnRe. RockawayX, a crypto venture firm foc

Crypto VC RockawayX Closes $125M Second Fund Focused on Solana-Based Projects

Quick take:

Rockawayx began raising the funds in March 2024, with a majority of the $125 million secured in Q4 2024 and Q1 2025.

The new fund is backed by Rockaway Capital, which anchored the firm’s first fund, alongside a mix of family offices, private equity firms, high-net-worth individuals and crypto founders.

Roughly 20% of the new fund has already been invested into projects including DoubleZero, Exponent, Hyperlend, Silhouette, Fragmetric and OnRe.

RockawayX, a crypto venture firm foc
BlackRock’s Securitize Debut’s Crypto Index Fund With $400M Backing From MantleQuick take: Mantle is anchoring the fund with a commitment to invest $400 million. The fund plans to boost returns by integrating staking strategies from Mantle’s mETH, Bybit’s bbSOL and others. The MI4 becomes the largest tokenised institutional fund, surpassing Securitize’s $148 million Blockchain Capital III Digital Liquid Venture Fund. Securitize has launched a new crypto index fund with $400 million backing from Mantle. The BlackRock-backed RWA tokenisation platform said the new fund du

BlackRock’s Securitize Debut’s Crypto Index Fund With $400M Backing From Mantle

Quick take:

Mantle is anchoring the fund with a commitment to invest $400 million.

The fund plans to boost returns by integrating staking strategies from Mantle’s mETH, Bybit’s bbSOL and others.

The MI4 becomes the largest tokenised institutional fund, surpassing Securitize’s $148 million Blockchain Capital III Digital Liquid Venture Fund.

Securitize has launched a new crypto index fund with $400 million backing from Mantle. The BlackRock-backed RWA tokenisation platform said the new fund du
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