venture

According to CoinDesk, crypto wallet infrastructure Turnkey has completed a $12.5 million strategic financing, bringing the total funding to over $65 million. Major investors include Archetype, Circle Ventures, and Sequoia Capital.The new funds will primarily be used for the development and release of the digital asset security computing product Turnkey Verifiable Cloud.

According to on-chain analyst Ai Yi's monitoring, the venture capital firm No Limit Holdings expects to buy $2.5 million of HYPE on dips within the range of "$31.88 to $35.88."The address 0x4c6...e015a deposited 7.26 million USDC into Hyperliquid half an hour ago, of which 4.76 million USDC was transferred to 4 addresses, and the remaining amount was used to place buy orders for HYPE, which is currently priced at $38.6.

AI character economy platform Charms Interactive announced the completion of a $1.5 million seed pre-financing, with participation from Lattice, JME, Coinbase Ventures (Base Ecosystem Fund), Gidorah (Echo), among others. Charms also launched the product Charms.ai, attempting to upgrade "AI characters" from application functions to tradable, ownable, and sustainably operating on-chain economic assets.

Former Goliath Ventures CEO Christopher Delgado recently publicly apologized to investors after being charged by U.S. prosecutors for operating a cryptocurrency Ponzi scheme involving approximately $328 million. Delgado stated that he had betrayed the trust of investors and claimed he had voluntarily returned to the U.S. to face charges of fraud and money laundering.Prosecutors allege that between January 2023 and January 2026, he promised investors fixed monthly returns under the guise of "cryptocurrency liquidity pool investments," while actually using subsequent funds to pay returns to earlier investors. U.S. prosecutors also accused him of using some of the funds to purchase Florida properties worth a total of $14.5 million, as well as for hosting lavish events and trips. Delgado is currently out on bail, and if convicted on all charges, he could face up to 30 years in federal prison.

The BSC ecosystem's Fortune Protocol has announced the completion of its Seed round financing. This round of financing was participated in by TBV, Cogitent Ventures, X21 Digital, CGV FoF, K24 Ventures, LandScape Capital, and others.Fortune is a new generation Web3 financial protocol focused on building and innovating liquidity infrastructure for prediction markets. The funds raised in this round will be used to accelerate the development of Fortune's AI prediction tools and large-scale prediction models, promoting further development of the protocol in terms of technology, products, and ecosystem.

According to Forbes, SBF's early investment portfolio is being re-evaluated by the market, with some opinions suggesting that if he had not been imprisoned due to the FTX collapse, his venture capital layout could theoretically yield a wealth increase of up to about $100 billion.Before the FTX collapse, SBF had established an investment landscape covering several star companies, including Anthropic, SpaceX, Robinhood, and the AI programming tool Cursor, which was considered to have significant foresight.Industry insiders pointed out that he had bet on key tracks ahead of the AI wave, among which: Cursor recently reached a partnership with SpaceX, with a valuation potentially reaching $60 billion, and Anthropic's valuation is nearing $90 billion. Rory O'Driscoll, a partner at Scale Venture Partners, stated that SBF had laid out investments in several core AI companies before ChatGPT, "demonstrating a rare investment sensitivity." However, this "investment talent narrative" was ultimately completely altered by the FTX collapse.SBF is currently serving a 25-year sentence for misappropriating over $8 billion in customer funds. At his peak, his personal wealth reached about $24 billion, and he made it onto the Forbes 400 list. Today, his venture capital capabilities are intertwined with his history of financial crime, making him one of the most controversial cases in cryptocurrency history.

According to Fortune, the crypto venture capital firm Ethereal Ventures has spoken out for the first time after nearly five years since its establishment. The venture capital firm was co-founded by Min Teo and Ethereum co-founder Joe Lubin in 2021, and its two funds have a total size of approximately $150 million, having invested in over 80 early-stage projects, including EigenLayer.It is reported that Ethereal Ventures' first fund has performed well in terms of distributed capital return rate (DPI), while the second fund has currently deployed less than a quarter of its capital and still retains ample "dry powder."

According to The Block, SC Ventures, the fintech and investment division of Standard Chartered Bank, has made a strategic investment in the crypto market maker GSR.The company has also been expanding into other tokenized financial services recently. This investment makes SC Ventures the first external strategic shareholder of GSR since its establishment in 2013.

According to Bloomberg, Haun Ventures, a crypto venture capital firm founded by former a16z partner Katie Haun, has successfully raised approximately $1 billion for a new fund, expanding its investment scope from blockchain infrastructure to the field of AI Agents. This fundraising scale is particularly notable against the backdrop of a general contraction in the crypto VC space.According to SEC disclosure documents obtained by Fortune magazine, by 2025, the management scale of leading firms such as Paradigm, Pantera, and a16z crypto will have shrunk across the board, while Haun Ventures is the only fund to achieve counter-cyclical growth, with its assets under management increasing from the initial $1 billion to $2.5 billion.Katie Haun served as a federal prosecutor for over a decade and created the first cryptocurrency task force for the U.S. government, later becoming the first female partner at a16z. Her unique compliance and policy background allows Haun Ventures to focus more on B2B solutions that are compatible with traditional finance in its investment strategy.The fund has successfully positioned itself in the payments sector, with its lead investments in Bridge and BVNK being acquired, with valuations rising from $200 million and $750 million to over $1.1 billion and $1.8 billion, respectively. The new fund will continue its strategic focus on the intersection of crypto technology and emerging technologies, with AI agents becoming the latest key direction.

According to Jinshi News, OpenAI has finalized a $10 billion joint venture agreement with a private equity giant.

According to TechFundingNews, the blockchain trading platform Ekiden announced the completion of a $2 million seed round financing, with the company's valuation reaching $20 million.This round of financing was led by Unicorn Factory Ventures and P2 Ventures, and also attracted angel investors who have previously invested in projects such as GSR, Pyth, Aptos, LayerZero, and Cube Exchange.It is reported that Ekiden is committed to bringing institutional-level trading on-chain, providing efficient and secure trading solutions through blockchain technology.

According to the Wall Street Journal, citing informed sources, Anthropic plans to jointly invest $1.5 billion with several Wall Street institutions to establish a joint venture, with Anthropic, Blackstone Group, and Hellman & Friedman each contributing $300 million, and Goldman Sachs contributing $150 million.The company will help private equity firms and their portfolio companies integrate and adopt AI tools to enhance operational efficiency. Informed sources said the announcement is expected to be made as early as Monday.

According to Cointelegraph, the amount of venture capital funding in the crypto sector dropped to $659 million in April, the lowest monthly total since July 2024.

According to Techfundingnews, SpaceX's early investor 137 Ventures announced that its two new funds have completed fundraising of over $700 million, increasing its assets under management (AUM) to over $15 billion. The new funds will support its pursuit of investment opportunities in areas such as AI agents, robotics, and aerospace propulsion.It is reported that 137 Ventures currently holds more than 1% of SpaceX's shares. As SpaceX is expected to seek an IPO this year, with a valuation potentially exceeding $1 trillion, the value of 137 Ventures' holdings may exceed $10 billion.

The prediction market startup XO Market has completed a $6 million seed round financing, with participation from 20VC, Picus Capital, Coinbase Ventures, Venture Together, and others.XO Market is positioning itself as the "YouTube of prediction markets." Traditional prediction markets rely on internal teams to plan and launch, while XO allows individuals or companies to create markets themselves, setting parameters and fees.

The DeSci project NanoVita officially announced the completion of strategic financing, with the amount not yet disclosed. This round of financing was participated in by Credit Scend, Harbor Digital Ventures, and Apus Capital.It is reported that NanoVita is a decentralized science (DeSci) protocol that integrates nanotechnology, AI biological intelligence, and real-world health data, aiming to build an open and transparent health research infrastructure.In addition, NanoVita had previously completed a seed round of financing participated in by Cryptogram Venture (CGV), UDS Space, Candaq Fintech Group, and Susie Venture, as well as a Pre-A round of financing participated in by K24 Ventures, LandScape Capital, and WestLabs.

According to The Block, the Solana ecosystem multi-signature protocol Squads announced the completion of a $18 million strategic financing round, led by Solana Ventures, with participation from Coinbase Ventures, Haun Ventures, L1D, and others. This round of financing is an equity round, bringing its total financing amount to $42.9 million. Squads will use the funds from this round to expand its stablecoin enterprise financial platform, Altitude.It is reported that Altitude, the stablecoin payment platform under Squads, allows businesses to conduct 24/7 global payment settlements in stablecoins through self-custody wallets, and connects to the global payment network through compliance and risk control systems.

According to CNBC, the crypto data and research platform Blockworks announced the completion of its Series A extension financing, with a post-money valuation of $192 million. This round was co-led by Parafi Capital and Reciprocal Ventures, with participation from several institutions including Coinbase Ventures, Advancit Capital, and MoonPay. Over 20 founders and operators from projects such as Solana, LayerZero, Pyth, EigenLayer, Kraken, Arbitrum, and Polygon also participated personally, though the specific financing amount has not been disclosed.The company stated that the crypto market has grown to a trillion-dollar scale without the infrastructure of traditional capital markets, but still faces issues such as data fragmentation, inconsistent disclosures, and a lack of communication mechanisms for investors. Blockworks aims to fill this gap through a "data + disclosure + investor relations" integrated framework.

According to the latest weekly report from Gate Ventures, there are signs of phased recovery at the macro level, with major stock indices showing divergent performance but overall trending upwards, and market risk appetite has rebounded. Against this backdrop, the cryptocurrency market has also rebounded, with BTC rising 6.6% and ETH rising 4.7%, recording net inflows of approximately $823.7 million and $155 million in spot ETFs, indicating a strengthening of capital inflows.The overall market capitalization increased by 5.2%, while the market capitalization excluding BTC and ETH grew by 2.6%, suggesting that the upward momentum is beginning to spread to a broader range of assets, although the pace remains relatively moderate. In terms of asset and industry dynamics, structural opportunities continue to emerge. The top 30 assets averaged a rise of 4.2%. Meanwhile, advancements in on-chain and industrial aspects continue, including the ongoing evolution of digital currency infrastructure and asset tokenization.In terms of investment and financing, a total of 12 transactions were completed last week, with a disclosed total financing amount of approximately $54.89 million, a month-on-month increase of about 31%, with funds mainly flowing into the DeFi and infrastructure sectors. Among them, JPYC completed a $17.62 million financing to promote the construction of yen stablecoin infrastructure; 3F completed a $4 million seed round financing, with investors including Gate Ventures.Against the backdrop of marginal improvement in the macro environment, the activity in investment and financing has rebounded, with funds still focusing on long-term application scenarios and underlying capability building in a volatile environment.