Series | Crypto

JPYC said it plans to use the new capital to expand its financial and Web3 ecosystem and accelerate adoption of its yen-pegged token. Japanese yen stablecoin issuer JPYC has completed an extension of its Series B funding round, bringing the round’s cumulative total to about 6 billion yen ($38 million).  On Wednesday, the company said Japanese logistics group AZ-COM Maruwa Holdings joined the round as a new investor. JPYC said it plans to use the proceeds to expand its financial and Web3 ecosystem and accelerate the adoption of its yen-pegged stablecoin. JPYC did not disclose the exact amount raised through the extension or the size of AZ-COM’s investment. However, the round’s cumulative total increased by about 1 billion yen from about 5 billion yen announced in May. It also did not provide financial terms for the companies’ capital and business alliance. Read more

The funding round is Venice AI’s first external capital raise since it launched in May 2024. The Erik Voorhees-founded Venice AI has achieved unicorn status after raising $65 million in Series A funding at a $1 billion valuation.  Led by Dragonfly and with backing from Coinbase Ventures, F-Prime, North Island Ventures, Morgan Creek and others, the funding round announced on Wednesday marks the company's first external capital raise since launching in 2024.  The fundraising came in the same month Anthropic was forced to suddenly cut foreign access to two of its latest AI models, and comes just weeks after OpenAI was accused in a class-action lawsuit for sharing ChatGPT data with third parties, highlighting the potential appeal of privacy-focused AI platforms.  Read more

Tazapay said Circle led a Series B extension that brought total funding to $36 million as the company expands cross-border payment rails. Cross-border payment infrastructure provider Tazapay said it closed an extension to its Series B funding round led by Circle Ventures, bringing the total raised to $36 million. The round included participation from Coinbase Ventures, CMT Digital, Peak XV Partners and Ripple.  Tazapay said on Thursday that the funding will be used to • expand its digital settlement technology for cross-border payments, secure additional licenses, expand across Asia, Latin America, the Middle East and the Americas, and build infrastructure for so-called “agentic payments.” Tazapay said it serves over 1,000 enterprises and fintechs across 30 countries. It holds licences across Singapore, Canada, Australia, and the United States, with active applications underway in the European Union, United Arab Emirates and Hong Kong. Read more

Startale said SBI invested $50 million to complete its Series A, with the firms working on tokenized securities, stablecoins and consumer onchain products in Japan. Startale Group said on Wednesday that SBI Group had invested $50 million to complete the company’s Series A, as the Japanese blockchain company develops tokenized securities infrastructure, stablecoins and consumer-facing onchain products. In a press release shared with Cointelegraph, Startale said it closed a $50 million investment from SBI to scale products, including its Strium blockchain for tokenized securities, its Japanese yen and US dollar stablecoins, and a consumer-facing application that onboards users to onchain services.  The deal would deepen institutional backing for Startale’s push into onchain financial infrastructure in Japan, where the company and SBI have already announced projects tied to tokenized securities, stablecoins and digital asset settlement. Read more

Blockchain analytics firm TRM Labs has reached a $1 billion valuation following the close of a $70 million Series C funding round led by Blockchain Capital. The post TRM Labs Hits $1B Valuation After $70M Series C Led by Blockchain Capital appeared first on Cryptonews.

The Series B extension values the New York–based crypto infrastructure company at about $1.5 billion and includes backing from institutional investors. Digital asset infrastructure provider Talos raised a $45 million extension to its Series B funding round, valuing the company at about $1.5 billion. The extension included new strategic investors such as Robinhood Markets, Sony Innovation Fund, IMC, QCP and Karatage, alongside returning investors a16z crypto, BNY and Fidelity Investments, according to the company. "We extended our Series B round to accommodate interest from strategic partners,” said Talos CEO Anton Katz. Talos said proceeds will be used to expand product development across its trading, portfolio management, execution, treasury and settlement tools and to support tokenized traditional assets on its platform. Read more

Talos has raised a $45M Series B extension from new investors including Robinhood, Sony Innovation Fund, IMC, QCP and Karatage. The financing has brought Series B to $150M and set post-money valuation near $1.5B, with some proceeds settled in stablecoins. It has cited BlackRock Aladdin RFQ work too. The post Talos Raises $45M Series B Extension Backed by Robinhood, Bringing Total Funding to $150M appeared first on Cryptonews.

The company said the funds will support acquisitions, licensing efforts and expanded hiring as it enters new markets. Stablecoin payments company RedotPay has raised $107 million in a Series B round, bringing its total funding in 2025 to $194 million. The round was led by Goodwater Capital, with participation from Pantera Capital, Blockchain Capital and Circle Ventures, alongside continued backing from existing investors, including HSG. Founded in Hong Kong, RedotPay offers stablecoin-based payment products, including a card that enables users to spend digital assets, stablecoin-powered payout rails for cross-border transfers, and services that allow users to access and hold stablecoins through multicurrency accounts and a peer-to-peer marketplace. Read more

RedotPay, a stablecoin-based payment fintech, has raised $107 million in an oversubscribed Series B funding round showing investor confidence in the role of stablecoins in everyday payments. The post RedotPay Raises $107M Series B as Stablecoin Payments Surge to 6M Users Worldwide appeared first on Cryptonews.

Cardless, a credit card platform allowing companies to design and launch branded credit cards in-house, announced the close of a $60 million Series C funding round led by Spark Capital. The post Coinbase & Bilt Partnerships Propel Cardless to $60M Series C, Aiming to Transform Credit Card Industry appeared first on Cryptonews.

[PRESS RELEASE – London, United Kingdom, August 21st, 2025] Irys, the world’s first programmable datachain, today announced it has raised $10 million in Series A funding led by CoinFund, with participation from Hypersphere, Tykhe Ventures, Varrock Ventures, Breed VC, Echo Group, Amber Group, and WAGMI Ventures. The round brings Irys’s total funding to $20 million […]

[PRESS RELEASE – Paris, Zug, France/Switzerland, June 25th, 2025] Zama Raises $57M in Series B to Bring End-to-End Encryption to Public Blockchains With new backing by leading U.S. blockchain investors, Zama becomes the world’s first Fully Homomorphic Encryption (FHE) unicorn. Funding coincides with the announcement of the Zama Protocol, which enables confidential applications on any […]