--- title: "17 projects raised $673.6 million; Crypto.com raised $400 million." type: "News" locale: "en" url: "https://longbridge.com/en/news/293111191.md" description: "This week, 17 blockchain startups raised a total of $673.6 million. Crypto.com led with a $400 million round from Citadel Securities. Other notable events include Trasia raising $1.8M, Zero Delta securing $6.8M, and Alpaca obtaining $135M. Additionally, Coinhako, Glide, and Sovereign Labs were acquired by SBI Holdings, MoonPay, and Celestia Foundation respectively." datetime: "2026-07-19T03:09:15.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/293111191.md) - [en](https://longbridge.com/en/news/293111191.md) - [zh-HK](https://longbridge.com/zh-HK/news/293111191.md) generator: "portal-rs" --- # 17 projects raised $673.6 million; Crypto.com raised $400 million. Compiled by: Jinse Finance This week, 17 blockchain startups completed funding rounds, raising a total of $673.6 million. ## Largest Funding Round This Week **Crypto.com** completed a $400 million funding round, with Citadel Securities as the investor. Crypto.com is a global cryptocurrency platform offering centralized exchanges (CEXs), self-custodied wallets, crypto payments, staking, trading services, NFTs, and blockchain infrastructure. Meanwhile, Crypto.com has also developed the Cronos ecosystem, including the EVM and zkEVM networks, providing developers with the infrastructure to build decentralized applications (DApps) and DeFi services. The platform supports dozens of blockchains and is committed to accelerating the widespread adoption of cryptocurrencies through a complete financial product system, providing comprehensive services to consumers, institutions, and developers. Trasia Completes $1.8 Million Seed Funding Round Investors: Multicoin Capital Trasia is a non-custodial perpetual contract trading platform built on Hyperliquid, primarily targeting Asian crypto traders. The platform offers a fast and intuitive trading interface for: Market discovery, candlestick analysis, order management, and perpetual contract trading. It also leverages Hyperliquid's high-performance infrastructure to deliver a low-latency trading experience. Trasia aims to create a trading platform better suited to Asian users' habits, providing advanced trading tools, seamless portfolio management, and ultra-fast execution without requiring users to relinquish asset custody. Zero Delta (Glacis Labs) Raises $6.8 Million in Seed Funding Round Investors: Lightspeed Faction (Lead Investor) Franklin Templeton Coinbase Ventures Protein Capital Glacis Labs created ZeroDelta, a multichain clearing platform that enables the matching, netting, and final settlement of digital assets across different blockchains. Its underlying architecture is built upon: Glaciers Core (cross-chain messaging layer) and AirLift (cross-chain asset transfer layer). Currently supported stablecoins include: USDC, USDT, and USDe. The company stated that it will expand to: Tokenized Securities, Real-World Assets (RWA), and Foreign Exchange (FX). ZeroDelta currently primarily serves institutional clients. Other Financing Coinhako Acquired by SBI Holdings (Amount Undisclosed) Financing Type: M&A (Merger & Acquisition) Investor: SBI Holdings (SBI Group) Coinhako is a centralized cryptocurrency exchange headquartered in Singapore, founded in 2014. Platform Support: Coinhako has obtained a Major Payment Institution license from the Monetary Authority of Singapore (MAS) to serve retail and institutional clients in Asia. Its business includes: Fiat deposits (Fiat On-ramp) Spot trading Crypto wallets Dollar-cost averaging (DCA) OTC trading The platform has always emphasized: Compliance and regulation Security User-friendly crypto asset access Alpaca Raises $135 Million in Funding Investors: Peak XV Partners (formerly Sequoia India & Southeast Asia, lead investor) Elefund Opera Tech Ventures Unbound Alpaca is a financial infrastructure platform that provides commission-free trading APIs for stocks, options, and cryptocurrencies. Its main products include: Trading API, Broker API, Market Data API. Its target customers include: Fintech companies, Quantitative trading teams, and financial institutions. The platform supports over 20 cryptocurrencies. 56 trading pairs available. 24/7 trading. Also offers: Secure managed accounts. Real-time market data. Low-latency order processing. Highly scalable trading infrastructure suitable for various quantitative and automated trading strategies. Glide Acquired by MoonPay (Amount Undisclosed) Funding Type: M&A Glide is a Web3 payment infrastructure. Developers only need to integrate once to support users in depositing crypto assets via: Any Token Any Wallet Any Blockchain Centralized Exchanges Bank Cards Platform auto-completion: Cross-chain bridge (Bridge) Swap Gas Management This greatly lowers the barrier to entry for users using Web3 for the first time. Developers can integrate: Deposit Widget, Headless SDK, Support: 100+ Tokens, 30+ Blockchain Networks, thereby improving payment success rates and cross-chain payment experience while ensuring transparent and verifiable on-chain transactions. Pascal Raises $9 Million in Series A Funding Investors: Union Square Ventures (USV) (Led) Pascal is a prediction market trading platform. Users can trade and predict real-world events. The platform emphasizes: high-speed matching, high liquidity, and a professional trading experience, rather than a traditional gambling interface. Also provides: REST API - - WebSocket API For quantitative traders to access: - Real-time market data - Order book - Market metadata * * * ### Cyclops completes $20 million Series A funding Investors: - Nava Ventures (Lead) - Coinbase - Circle - Castle Island Ventures - F-Prime Capital - OpenFX Cyclops is a stablecoin payment infrastructure platform for payment service providers (PSPs) and merchant acquirers. Cyclops is a stablecoin payment infrastructure platform for payment service providers (PSPs) and merchant acquirers. Cyclops is a stablecoin payment infrastructure platform for payment service providers (PSPs) and merchant acquirers. Cyclops is a stablecoin payment infrastructure platform for payment service providers (PSPs) and merchant acquirers (Merchant Acquirers) ... This payment platform helps businesses provide the following features without needing to build their own blockchain system: Cryptocurrency Payments - Stablecoin Settlement - Digital Asset Functionality After integrating Cyclops, the payment platform allows merchants to directly accept cryptocurrency payments and automatically complete settlements using stablecoins. The company was founded by The Giving Block's founding team with the goal of connecting traditional payment systems with blockchain settlement networks. The company was founded by The Giving Block's founding team with the goal of connecting traditional payment systems with blockchain settlement networks. Sovereign Labs Acquired by Celestia Foundation (Amount Undisclosed) Funding Type: M&A Sovereign Labs is building an open, interconnected Rollup ecosystem that enables different Rollups to interoperate across any blockchain. The team developed an SDK to help developers quickly create new ZK Rollups and deploy them to various blockchains using open-source components. bloXroute Acquired by FalconX (Amount Undisclosed) Funding Type: M&A bloXroute is a Layer 0 blockchain infrastructure provider. Its Blockchain Distribution Network (BDN) can improve: Transaction propagation speed, Block propagation efficiency, and coverage of multiple ecosystems such as Ethereum, Solana, BNB Chain, Base, and TON. The main service targets include: Validator, Searcher, DeFi Trader, Developer. It helps achieve: Faster transaction execution, higher block packaging success rate, more stable data flow, and no need to modify the underlying consensus protocol. MasterDEX Acquired by LCX (Amount Undisclosed) Funding Type: M&A MasterDEX is an AI-driven multi-chain DeFi platform. Integration includes: Decentralized Trading - Portfolio Management - Market Analysis - Perpetual Contracts - Tokenized Stocks - DEX Aggregation Platform Support: - Solana - Base - Ethereum - * * * ### Velocity completed $38 million in Series A financing Investors: - Dragonfly Capital (leading investment) - FirstMark (leading investment) - Activant Capital - Capital One Ventures - QED Investors - Coinbase Ventures - Wintermute Ventures - Ripple Investors: - Tether (Lead Investor) - Blockchange Ventures Pact Labs provides infrastructure for USAT (as it is written) in the following scenarios: - Payroll - Earned Wage Access - Credit - Daily Payments Utilizing: - AI-automated architecture generation - GPU computing Providing: - Financial systems - Digital identity - Healthcare - Government applications High-performance infrastructure required in fields such as finance and government. - Savior Of Health Raises $4 Million in Funding Investors: Amber Group, Basics Capital, Animoca Brands, Candaq Fintech Group, and tbv. Savior of Health is an AI-driven healthcare project. Main directions include: - Next-generation healthcare infrastructure - AI research based on health questionnaires and surveys - Global healthcare ecosystem construction * * * ### Imperator was acquired by Hyperdash (amount undisclosed) Funding type: M&AImperator is an institutional-grade validator and data infrastructure company. Primarily provides: Secure and convenient crypto asset staking. Non-custodial staking solutions help investors and token holders ensure the security of the blockchain network. The announcement also mentions that its data analytics capabilities will also serve the Hyperliquid ecosystem. AXON Finance Raises $2 Million in Strategic Funding Investors: Infinite Alliance, UZ Capital, BM Foundation (Bluemont) AXON Finance is a Layer 1 public blockchain specifically designed for PayFi. Key features include: High throughput; Sub-second finality; Low and predictable fees; Built-in network features: Stablecoin settlement primitives; Account abstraction; Gas fee sponsorship; Pluggable compliant gateway. In addition, it also supports: Stablecoin instant settlement; AI Agent payment; On-chain money market; Cross-border B2B payment settlement. The project also proposes a \*\*Chain-native Controlled Payment Execution\*\* mechanism, which allows setting: Payment amount limits; Time windows; Whitelists. The revocability mechanism aims to improve the security and controllability of automated payments. ### Related Stocks - [8473.JP](https://longbridge.com/en/quote/8473.JP.md) - [BEN.US](https://longbridge.com/en/quote/BEN.US.md) - [COIN.US](https://longbridge.com/en/quote/COIN.US.md) - [OPRA.US](https://longbridge.com/en/quote/OPRA.US.md) - [CRCL.US](https://longbridge.com/en/quote/CRCL.US.md) ## Related News & Research - [BounceBit Retires Its Chain After Attacker Moves 286.5 Million Tokens](https://longbridge.com/en/news/296686045.md) - [Conflux to Hold Blockchain Tuesday in New York on August 25th](https://longbridge.com/en/news/296518263.md) - [Why Justin Sun Lawsuit Against World Liberty Stays Publicly Important?](https://longbridge.com/en/news/296685835.md) - [If You Invested $1,000 in Pepe Coin When Elon Musk Shared a Pepe Meme, Here’s How Much You’d Have Today](https://longbridge.com/en/news/296651068.md) - [The Sandbox SAND Exploit: $49B in New Tokens Flood Base](https://longbridge.com/en/news/296678246.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**