Funding Weekly Report | 16 Public Funding Events, RWA Infrastructure Company Midas Completes $50 Million Series A Funding

null

Key takeaways for this issue

According to PANews’ incomplete statistics, last week (3/30–4/5) saw 16 blockchain investment and financing events worldwide, with total funding of over $264 million. An overview is as follows:

The DeFi track announced 2 investment and financing events. Among them, RWA infrastructure company Midas completed a $50 million Series A round, led by RRE and Creandum;

In the AI + Web3 track, 1 investment and financing event was announced. The decentralized AI agent network ARO Network completed a $5 million strategic financing round;

In the Infrastructure & Tools track, 4 investment and financing events were announced. Among them, OpenFX, a startup focused on FX market making and cross-border remittances, completed $94 million in funding in this round led by Accel, etc.;

The Centralized Finance sector announced 5 investment and financing events, including Valinor completing a $25 million seed round, led by Castle Island Ventures;

In the prediction markets sector, 2 investment and financing events were announced. Pump.fun led Pumpcade’s $1 million seed pre-financing round;

In other Web3 application areas, 2 investment and financing events were announced. Web3 chess project Pixie Chess completed a $5.2 million seed round, with Paradigm leading the investment

DeFi

RWA infrastructure company Midas completed a $50 million Series A round, led by RRE and Creandum

RWA infrastructure company Midas completed a $50 million Series A round, led by RRE and Creandum. Framework Ventures, Franklin Templeton, and Coinbase Ventures, among others, also participated. Midas will use the funds from this round to expand its “Midas Staked Liquidity” (MSL) system by setting an independent liquidity layer alongside the product, using pre-allocated funds to meet redemption needs, and enabling instant redemption for on-chain yield-bearing token products—addressing the liquidity issue of traditional “treasury-style” structures that require queuing and waiting to redeem. Midas said that since 2024, it has issued $1.7 billion in tokenized assets, distributing $37 million in收益 to investors.

RWA tokenization platform Brickken completes €3 million Pre-A financing, with GRX, etc. participating

Headquartered in Barcelona, Spain, RWA tokenization platform Brickken announced it has completed a €3 million Pre-A financing round, with Dedagroup and GRX participating. The new funding will be used to strengthen the compliance of its RWA tokenization infrastructure, support the tokenization of assets such as stocks, debt, bonds, funds, real estate, and commodities, and expand into EU and UAE markets.

AI

Decentralized AI agent network ARO Network completes a $5 million strategic funding round

Decentralized AI agent network ARO Network completed a $5 million strategic funding round, co-led by NoLimit Holdings and an undisclosed Asian data center operator. The project aims to build a decentralized shared network that deploys AI agents directly in users’ homes, leveraging local resources to deliver personalized, privacy-preserving AI experiences. As of March 2026, its decentralized residential network has more than 1.18 million active nodes. Meanwhile, ARO Network has officially launched Testnet Sprint 2, further simplifying the user experience.

Infrastructure & Tools

Stablecoin cross-border payments infrastructure company OpenFX completes $94 million in funding

OpenFX, a startup focused on FX market making and cross-border remittances, completed $94 million in funding. The round was led by Accel, Lightspeed Faction, M13, Northzone, and Pantera, among other institutions. Post-money valuation is approximately $500 million. By using stablecoins as a bridge between banking systems and blockchain infrastructure, OpenFX provides faster, lower-cost settlement services for large cross-border transfers. The company says that more than 98% of transactions on its platform are settled within 60 minutes, and its annualized payment processing volume has grown from about $4 billion to $45 billion. OpenFX plans to expand into Southeast Asia and Latin America using the funds from this round.

Stablecoin card issuing platform Kulipa completes a $6.2 million seed round, led by 1kx, etc.

Kulipa, a stablecoin card issuing infrastructure platform headquartered in Paris, completed a $6.2 million seed round, led by Flourish Ventures and 1kx, with White Star Capital and Fabric Ventures participating. The company helps fintech platforms and crypto wallets issue white-label stablecoin payment cards, while handling complex back-end processes such as payment processing, fraud management, pre-funding, and settlement. Since launching its infrastructure in February 2025, Kulipa has issued over 120k cards and signed up 20 customers, including Flutterwave, Solflare, Ready, and others. Month-over-month, card transaction volume increased by 70%. Kulipa currently operates across the EU, Argentina, and Nigeria, and is planning to expand into the US market via a bank identification number sponsorship model.

Blockchain infrastructure platform Uniblock completes a $5.2 million new round of financing, with SBI, etc. participating

Blockchain infrastructure platform Uniblock announced it has completed a new round of financing totaling $5.2 million, bringing its total funding to $7.5 million. Investors include SBI, AllianceDAO, CoinSwitch, Blockchain Founders Fund, Hustle Fund, AAF Management, NGC Ventures, Alchemy, MoonPay, and others. This round will be used for platform expansion, market development, and team building.

According to the company, Uniblock connects 300+ blockchains and 55 data partners through a single API, providing services such as automatic routing, failover, and data standardization. Currently, the platform has 3,000 projects and 4,000 developers using it, with customers including Plume Network, Stellar, Hypernative, Oku Trade, nReach, and Apechain. Uniblock has also launched AI-native developer tools, including MCP servers, the llms.txt documentation, and Agent Skills, supporting AI coding environments such as Claude, Codex, and Cursor.

Quantum-safe Layer1 blockchain developer Diamante completes $1.5 million strategic financing

Quantum-safe Layer1 blockchain developer Diamante Financial Technologies completed $1.5 million in strategic financing, with Jefferson Capital founder Khofiz Shakhidi as the investor. It is said that Diamante uses post-quantum cryptography (FIPS 204) certified by the US National Institute of Standards and Technology. In addition, Diamante has reached a partnership with Minexx, tokenizing Minexx’s rare earth elements business, becoming the first institutional-grade commodity tokenization project on an anti-quantum chain.

Centralized Finance

Crypto-friendly bank Cross River Bank completes $50 million in new financing

Crypto-friendly bank Cross River Bank raised $50 million from existing investors, led by a fund under T. Rowe Price, with a valuation slightly above $3 billion. The new funding will be used to accelerate product launches, deepen partner relationships, and expand international business, with a focus on increasing investment in artificial intelligence and crypto. Founded in 2008, Cross River provides banking infrastructure to more than 100 technology and fintech companies, including Stripe, Coinbase, and Affirm. This month, it also reached a payments partnership with X. The bank has drawn attention for its Solana chain integration and participation in the Visa USDC stablecoin settlement pilot.

Valinor completes a $25 million seed round, led by Castle Island Ventures

Valinor, a startup founded by former members of Blackstone’s private credit team, announced it has completed a $25 million seed round led by Castle Island Ventures, with participation from Susquehanna’s crypto division, Maven11, and founders of TeraWulf, among others. Co-founded by Connor Dougherty and Lily Yarborough, Valinor plans to move its private credit business to the blockchain, replacing lending processes that traditionally rely on spreadsheets and manual underwriting reviews with smart contracts—improving execution efficiency for “rules-driven” loans such as $50 million revolving credit facilities. The company currently has 6 employees and has already provided loans to a select number of fintech and crypto companies. In the future, it plans to expand its lending scale and focus on “real-economy credit” use cases.

Stablecoin clearing platform Better Money completes a $10 million seed round, led by a16z crypto

The Better Money Company, founded by former a16z crypto investor Sam Broner and his partner Adam Zuckerman, announced it has completed a $10 million seed round led by a16z crypto, with BoxGroup, Sunflower Capital, and Circle co-founder Sean Neville, former Microsoft executive Charlie Songhurst, and others participating. The project plans to build a stablecoin clearing platform, providing centralized exchange and liquidity services for compliant stablecoins such as USDC and USAT that meet the Genius Act requirements. By setting up accounts with issuers such as Paxos, Stripe Bridge, and MoonPay for direct subscribe and redeem, it aims to reduce the cost for institutions to buy and sell stablecoins in public markets.

Stablecoin cross-border payment network Latitude completes $8 million in funding, led by NEA

Latitude, a cross-border payments startup founded by former Stripe and Coinbase employees, announced it has completed $8 million in funding. This round was led by NEA, with participation from Lightspeed Faction, Coinbase, Paxos, Solana Foundation, and others. Latitude’s core product, “Global Payouts,” targets US businesses, enabling dollars to be paid through stablecoin rails to personal accounts in more than 50 countries—automatically converting USD → stablecoin → local fiat. It has already served content creator platforms such as Zencastr. The company also provides stablecoin inbound-funding infrastructure for crypto-native applications such as prediction markets, helping them convert local currencies into stablecoins in markets like Mexico and the Philippines. Latitude is currently in the testing stage. It earns profit through transaction fees. The team has 11 members. It views traditional bank FX payments based on SWIFT as its main competitor.

Digital asset services company Keyrock completes a Series C round led by SC Ventures, valuing it at $1.1 billion

Belgian digital asset services company Keyrock completed a Series C round led by SC Ventures, an arm of Standard Chartered Bank, valuing it at $1.1 billion. Ripple participated as an existing investor. The round is still open, with a total size of up to $100 million. The new funds will be used to strengthen the balance sheet, expand the service product line, and pursue acquisition opportunities. Founded in 2017, Keyrock provides market making, asset management, OTC trading, and options services. Its business covers more than 80 centralized and decentralized trading platforms, with over 200 employees globally. Last September, the company expanded its asset and wealth management business by acquiring Turing Capital.

Prediction markets

Pump.fun leads Pumpcade with a $1 million seed pre-financing round for the live prediction market, boosting the live prediction market

Solana platform Pump.fun leads live prediction market platform Pumpcade in its live prediction market’s $1 million seed pre-round financing, with Foundation Capital and angel investor RadioSolace participating. Pumpcade is integrated into the Pump.fun chat system, allowing users to create prediction markets with one click in live rooms, compressing the full market cycle to about 60 seconds to 30 minutes, covering many themes such as crypto assets, stocks, and sports events. The project started private testing in January. About 500 users created thousands of markets on the testnet. It plans to open public testing in the second quarter of 2026 and launch the mainnet. The funds will mainly be used to expand the engineering team and drive commercialization on the ground.

YZi Labs adds investment into on-chain prediction market Predict.fun

After the second season of EASY Residency, YZi Labs made additional strategic investments into the on-chain prediction market Predict.fun, with Susquehanna Crypto participating as well. The announcement states that Predict.fun’s cumulative trading volume has exceeded $1.8 billion, matching more than 4 million orders, and in March it completed the acquisition of Probable to strengthen its position in the prediction market ecosystem on BNB Chain.

Other

Web3 chess project Pixie Chess completes a $5.2 million seed round, led by Paradigm

Web3 chess project Pixie Chess completed a $5.2 million seed round, led by Paradigm, with participation from SEED CLUB and some angel investors. It is said that Pixie Chess is a crypto chess game infused with magic—each piece has unique abilities—combining collection, merging, and competitive play into a Web3 board game.

DeSci project NanoVita completes seed funding, with CGV, etc. participating

DeSci project NanoVita announced it has successfully completed seed funding. This round includes participation from Cryptogram Venture (CGV), UNIVERSE-DIMENSIONAL SPACE PTE. LTD. (Singapore), Candaq Fintech Group, and Susie Ventures (BVI). NanoVita is a decentralized science (DeSci) protocol integrating nanotechnology, AI bio-intelligence, and real-world health data, aiming to build open and transparent health research infrastructure.

The completion of this funding round marks NanoVita’s health-tech and blockchain-related plan in nanotechnology, AI bio-intelligence, and blockchain health moving into an accelerated phase. The project will further advance the development of a decentralized health research ecosystem, reshaping the value of health data and enabling open sharing through blockchain technology.

DAT

(This type of financing event is not included in the weekly report statistics.)

MetaPlanet completes $255 million in financing, which may be used to increase holdings by more than 3,800 Bitcoins

Japanese listed company MetaPlanet has received financing proceeds from global institutional investors that were previously announced, totaling $255 million. Based on current prices, the funds could be used to add holdings of more than 3,800 Bitcoins. If used entirely to purchase, MetaPlanet could become the world’s third-largest listed company by Bitcoin holdings. Previously, relevant parties disclosed that the structure of this financing was designed such that the warrants would only be exercisable when the stock price is more than 1.01x the adjusted net asset value, and any newly issued shares must increase the number of Bitcoins held per share; dilutionary issuance is not allowed.

ZeroStack enters into a $107 million 0G token financing agreement, locking in nearly 21% of the 0G supply

Nasdaq-listed ZeroStack Corp. announced it has reached a final agreement for a $107 million financing transaction anchored by the 0G token. After the transaction is completed, ZeroStack will hold about 21% of the total 0G token supply.

Under the financing terms, to facilitate this transaction ZeroStack will form a company in Texas called Texas Blocker. The investors plan to contribute 142,232,948 native 0G tokens (valued at approximately $107 million). Texas Blocker will become ZeroStack’s wholly owned subsidiary after the share exchange is completed, which is expected to be finalized around July 5, 2026, but it will need to satisfy customary closing conditions and obtain shareholder approval.