venture

Early space fintech company Nebex, founded by former Axiom Space CEO Tejpaul Bhatia, announced the completion of a $30,000,000 seed round financing, led by Google Ventures, a subsidiary of Alphabet.

According to official news, the BNB Chain ecological autonomous AI economic infrastructure Astarter announced strategic support from institutions such as Vega Ventures, UZ Capital, Go2Mars, and BitBT Ventures, further strengthening the AI ecological layout. Astarter had previously received investment led by EMURGO, with strategic support from other institutions including MH Ventures, Avstar Capital, 316VC, CRT Labs, and Megala Ventures.It is reported that Astarter aims to build a full-stack infrastructure for AI intelligences on the BNB Chain, providing proprietary computing power, runtime execution, on-chain settlement, and identity capabilities for on-chain AI intelligences. The products include AI computing power nodes ABox, a decentralized exchange (DEX), Launchpad, and CORE intelligence layer, with the native token being AST. The Astarter mainnet and TGE are planned to launch in the third quarter of 2026. This strategic cooperation will further promote Astarter's development in computing power networks, products, and ecological aspects.

According to Fortune, the crypto venture capital firm Framework Ventures announced the completion of its fourth fundraise, totaling $400 million. The investors include endowment funds from Ivy League schools, sovereign wealth funds, and non-profit organizations, though the specific names have not been disclosed. Framework co-founders Vance Spencer and Michael Anderson stated that the new fund will invest in the field of "cutting-edge technology," which includes not only crypto but also areas such as AI, robotics, and energy. Currently, about half of the funds from the fourth fund have been deployed.Framework Ventures was established in 2019 and initially focused on investments in the DeFi sector, participating in early rounds of leading protocols such as Aave and Chainlink. Previously, it completed fundraises of $100 million and $400 million for its second and third funds in 2021 and 2022, respectively.

According to the latest weekly report from Gate Ventures, market risk appetite continues to be under pressure, and the overall cryptocurrency market is experiencing a pullback. BTC fell 3.7% over the week, ETH fell 1.2%, and the total market capitalization of cryptocurrencies declined by 3.1%, with the Fear and Greed Index remaining in the "Extreme Fear" range. In terms of capital flow, digital asset investment products continued to see net outflows, with the spot BTC ETF experiencing a net outflow of $226.8 million in a single week, and the spot ETH ETF seeing a net outflow of $10 million, reflecting ongoing market hesitation. Meanwhile, STRC under Strategy has traded below par for the fifth consecutive week, and the market continues to pay attention to its subsequent capital operations and yield adjustment space.In terms of industry development, stablecoin payments and RWA infrastructure construction are being continuously advanced. Trace Finance has completed $32 million in financing to expand its compliant stablecoin payment network and cross-border settlement infrastructure; Philippine regulators have released positive signals supporting the development of RWA tokenization, with related explorations further deepening. In terms of investment and financing, four financing transactions were disclosed last week, with a total financing amount of $39.5 million, of which the DeFi sector accounted for the majority. Overall, although the market is still in a correction phase in the short term, stablecoin payments, RWA, and underlying infrastructure construction remain important directions of ongoing industry focus.

According to Bloomberg, the parent company of the New York Stock Exchange, Intercontinental Exchange (ICE), announced a joint venture with cryptocurrency trading platform OKX in the cryptocurrency field called OKXICE.This collaboration marks a deep integration between traditional financial infrastructure giants and leading cryptocurrency trading platforms, seen by the market as an important signal of institutional capital further embracing crypto assets.Currently, both parties have not disclosed the specific business scope and operational details of the joint venture. ICE previously operated the cryptocurrency futures platform Bakkt, and this collaboration with OKX may further strengthen its strategic layout in the digital asset field.Former New York Governor Andrew Cuomo will serve as co-chairman of the joint venture between Intercontinental Exchange (ICE) and cryptocurrency exchange OKX, while Trabue Bland, Senior Vice President of ICE Futures Exchange, will serve as the other co-chairman. The joint venture plans to operate a U.S. registered broker-dealer and futures broker, subject to regulatory approval, to help OKX expand its U.S. customer base while allowing its overseas users to access ICE futures and the New York Stock Exchange's tokenized stock market.Cuomo has served as a policy advisor to OKX since 2023 and previously assisted the company in responding to a federal investigation, with OKX pleading guilty in 2025 and paying over $504 million in fines. In March of this year, ICE invested $200 million in OKX, corresponding to a valuation of $25 billion, and obtained a seat on the OKX board.

According to official news, the "social wallet" project ANT.Fun announced the completion of approximately $5 million in strategic financing through the AntFun token, with investors including several Web3 institutions such as MH Ventures, Zerra Venture, Zuala Capital, X21 Digital, and Becker Ventures.The project is building a mobile application on the Solana public chain that integrates "social + Alpha trading," supporting voice discussions, opportunity discovery, and one-click trading. The team claims that its protocol has consistently ranked among the top ten in Solana's revenue, and will accelerate the development of social financial infrastructure, cross-community functions, and an artificial intelligence Alpha strategy discovery engine.

According to Fortune, cryptocurrency trading startup Fomo announced the completion of a $75 million Series B funding round, led by Index Ventures, with participation from Union Square Ventures, Zynga co-founder Mark Pincus, Discord CEO Humam Sakhnini, and Eventbrite co-founder Kevin Hartz, among others. The company's valuation has reached $550 million.Fomo was founded in 2025 by former dYdX team members Paul Erlanger, Se Yong Park, and Prashan Dharmasena.

According to Fortune, PayPal is shutting down its 10-year-old corporate venture capital arm, PayPal Ventures. It is reported that PayPal plans to sell some of its investment positions in the secondary market and has hired investment bank Jefferies to assist with potential transactions. Since its establishment in 2016, PayPal Ventures has invested in over 80 startups, including Plaid and Anchorage Digital, through three funds totaling more than $850 million.The reduction of the venture capital department comes after the new CEO Enrique Lores took over the company. To cope with fierce competition in the payment market and the previous decline in stock prices, PayPal is currently advancing a comprehensive organizational restructuring, planning to cut 20% of its workforce over the next two to three years to save at least $1.5 billion in costs, and refocusing its strategic emphasis on core foundational business and the application of AI technology.

According to the official announcement, Galaxy Ventures has announced the lead investment of $15 million in the Series A funding round for the high-end credit card startup Karta. This funding is part of Karta's total fundraising plan of $140 million, which also includes a $125 million credit line provided by Community Investment Management (CIM).It is reported that Karta is dedicated to providing high-quality credit card products issued in the United States for high-net-worth (HNW) individuals globally. The platform combines stablecoin infrastructure with artificial intelligence technology, breaking the reliance on traditional FICO scores. By collaborating with over 80 large private banks and brokerages worldwide (such as Raymond James, Itau, etc.), it offers unsecured credit underwriting based on users' verified assets at these institutions. Additionally, the credit card provides zero foreign exchange fees and a 24/7 AI-native concierge service based on WhatsApp.Data shows that Karta's revenue and payment transaction volume achieved over tenfold growth in 2025 and continued to record a fourfold quarter-on-quarter growth in the first quarter of 2026.

Receipts Depositary Corporation (RDC) has completed a new round of financing of $7 million, led by LiveOak Ventures, with participation from Hivemind Capital, Onigiri Capital, OTC Markets Group, GTS, and Redbeard Ventures. The new funds are intended to accelerate the development of digital asset depositary receipt products and provide compliant securitized products and infrastructure services covering multiple asset classes for U.S. investors.

On-chain digital advertising startup EarnOS announced the completion of a $6 million Pre-A round of financing, led by 1kx, with participation from Coinbase Ventures, Circle Ventures, and Social Graph Ventures. In addition, EarnOS also received a four-year, $12.5 million non-dilutive strategic investment from Verona (formerly XION) to support application validation, user access, and reward distribution systems. The company also announced a rebranding and stated that its L1 network will provide underlying support for EarnOS, aimed at large-scale user authentication and task incentive mechanisms.

The decentralized reinsurance protocol Re announced that it has received strategic investment from Coinbase Ventures.

According to the latest weekly report from Gate Ventures, the global market experienced a corrective rebound last week driven by easing geopolitical tensions. The U.S. stock market recovered from its intra-week losses, but the Federal Reserve maintained a hawkish stance, with CPI rising to 4.2%, further strengthening market expectations for sustained high interest rates. The cryptocurrency market also warmed up, with BTC and ETH rising 3.8% and 2.1% respectively, but spot ETF funds continued to see net outflows.On the industry front, AI, prediction markets, and institutional-level infrastructure became the focus of market attention. The decentralized AI project Bittensor (TAO) rose 31.5% in a single week; the U.S. Commodity Futures Trading Commission (CFTC) proposed a regulatory framework for sports event contracts, providing clearer regulatory expectations for the development of the prediction market industry; LG Group and Arbitrum jointly explored blockchain advertising network applications, further expanding Web3 commercialization scenarios.In terms of investment and financing, a total of 9 transactions were disclosed last week with a total financing amount of $584.6 million. Among them, Digital Asset completed $355 million in financing, accelerating the application of Canton Network in the capital market; Morpho secured $175 million in financing to promote the construction of on-chain credit networks; and prediction market infrastructure provider EDGE Markets completed $29.2 million in financing.

The AI-native trading decision platform TradingRazor announced the completion of a $1.5 million seed round financing, led by OneBit Ventures, Gaea Ventures, and Blockin VC, with participation from a group of angel investors in the Web3 industry. The new funds will be used for product development and ecosystem growth to support on-chain capital flow tracking, market data aggregation, AI-driven trading modeling, and embedded risk management.

According to official news, the crypto financial infrastructure company TVL Capital announced the completion of a $5 million financing round, led by Framework Ventures, with participation from institutions such as Flow Traders.The company's co-founder Lars previously served as the Head of Market Research at The Block. Its products are comparable to traditional exchange-traded products, creating compliant and composable derivatives and diversified yield structures, primarily targeting institutional investors to meet various structured investment and yield management needs.

According to the latest weekly report from Gate Ventures, the market has shown a significant cooling of risk appetite under the influence of strong economic data and ongoing inflationary pressures, with global growth assets generally under pressure.The cryptocurrency market has also pulled back, with BTC down 14.4% for the week and ETH down 15.7%. The total market capitalization of cryptocurrencies has decreased by 12.5%, and market sentiment has dropped to the "extreme fear" range. In terms of capital flow, the spot BTC ETF saw a net outflow of $1.72 billion in a single week, setting a record for the largest weekly outflow in history; the spot ETH ETF experienced a net outflow of $168.2 million during the same period, indicating that institutional funds are becoming more cautious in the short term.In terms of industry development, Mastercard announced the expansion of stablecoin settlement applications in its global payment network, supporting various compliant stablecoins for round-the-clock settlements in payment scenarios, further promoting the integration of stablecoins into mainstream financial infrastructure.In terms of investment and financing, three financing transactions were disclosed last week, with the infrastructure sector continuing to dominate. Among them, the digital asset derivatives infrastructure project SignalPlus completed a $50 million financing, demonstrating that market funds are still focused on underlying infrastructure and long-term application scenario development.Overall, the market is temporarily disturbed by macro factors, but stablecoin payments and infrastructure development remain important directions for industry growth.

On-chain capital and prediction market infrastructure project Nova Markets announced the completion of a new round of financing, with participation from Wintermute Ventures, Robot Ventures, Big Brain VC, Cumberland, GSR, Greenfield Capital, Hash3, Bodhi Ventures, and Kairos Research.This round of financing will be used to migrate more perpetual contracts and prediction markets on-chain.Nova stated that the actual number of existing on-chain capital markets is far below the expected level, and the financing will be used to migrate more perpetual contracts and prediction markets on-chain, reshaping the generation and trading structure of related markets.