Organization: Golden Finance

This week, a total of 20 blockchain startups raised $809.7 million.

This week’s largest financing round

Polymarket raised $600 million in a funding round from Intercontinental Exchange (ICE).

Polymarket is a decentralized information market platform that allows users to trade around highly controversial topics and build investment portfolios based on their predictions. By allowing users to buy “shares” in the market, Polymarket is able to provide actionable insights based on traders’ perceptions of future events, making it a leading, unbiased and real-time data source. However, the platform is currently unable to operate in the United States due to regulatory restrictions, leaving room for other platforms to develop.

Pre-seed and Seed round of financing

Verse8 Raises $5M in seed round from Neowiz, Story Protocol, Nexpace, Nexus, MARBLEX Corp.

Verse8 is a Web3 platform dedicated to redefining digital interactions through immersive, tokenized experiences. It combines social networking, gamification mechanisms, and blockchain-based ownership to enable users to create, participate in, and monetize content in a decentralized environment. By leveraging on-chain identity and interactive virtual spaces, Verse8 aims to connect entertainment and the digital economy, giving communities true asset ownership and a participatory ecology.

Megapot raised $5 million in a pre-seed round from Dragonfly Capital, Coinbase Ventures, Bankless Ventures, Josh Hannah, Nigel Eccles.

Megapot is a decentralized lottery platform built on the Base blockchain that offers huge daily jackpots, and liquidity providers can participate as "bookmakers" and earn profits. The platform aims to become the world's largest lottery system by providing users with more favorable odds of winning, while allowing developers to build on an immutable, open prize pool. Unlike traditional lotteries that draw fees from the prize pool, Megapot charges no fees and uses blockchain technology to ensure transparency and fairness. In addition, users can also benefit from the staking income of the prize pool funds, thereby increasing the overall value.

Kairos Swap raised $2.4 million in a seed round from 6th Man Ventures (6MV), Lattice Fund, Advancit Capital, Compa Capital.

Kairos is an on-chain interest rate swap and prediction market protocol built on Ethereum that enables users to trade fixed and floating interest rate exposures between multiple benchmarks such as lending income and pledge income. It combines AMM-based liquidity with curated vaults to provide deep aggregate liquidity and efficient execution. With an oracle-agnostic design and ERC-721 tokenized positions, Kairos provides composable fixed income infrastructure that enables users to hedge, speculate, and build permissionless interest rate markets in DeFi.

Payy raises $6 million in seed round from FirstMark, DBA, Robot Ventures.

Payy is a privacy-focused stablecoin platform that uses zero-knowledge technology to implement private transactions by default. It offers self-hosted wallets and Visa cards that allow users to seamlessly spend USDC while maintaining the privacy of on-chain activities. Payy is also building Payy Network – an Ethereum Layer 2 Rollup that hides transaction data (including sender, receiver and amount) through zero-knowledge proofs. With a wallet live, a network about to launch, and plans for a token, Payy aims to drive mainstream adoption of privacy stablecoin payments.

Eunice AI raised $8 million in a seed round from Moonfire Ventures, Speedinvest, Openspace Ventures and others.

Eunice is an AI-powered due diligence and compliance platform serving the digital asset and private equity markets. It focuses on high-risk decision-making processes, providing evidence-based outputs, configurable risk rules, continuous monitoring, and enterprise-wide governance controls. The platform positions itself as the “layer of accountability” between AI systems and human decision-making, emphasizing traceability, verification of results, privacy protection, and compliance with compliance standards such as SOC 2 Type II and GDPR.

Eureka Labs raised $6.7 million in a seed round from Spark Capital, Collider Ventures and others.

Eureka Labs is an Ethereum block builder that is developing "programmable blocks", which introduce executable logic into the block construction process, rather than treating blocks as passive transaction containers. The approach is designed to support advanced on-chain use cases such as intra-block credit, deterministic transaction ordering, state-based precomputation, and selective access to off-chain data during execution. The project positions block builders as a more active execution layer in the Ethereum proposer-builder ecosystem, with the goal of supporting more complex DeFi strategies, trading applications, and next-generation smart contract workflows.

Tori Finance raised an undisclosed amount in a seed round from Delphi Ventures.

Tori Finance is a DeFi protocol focused on optimizing yield strategies through automated vaults and structured financial products. Users can deposit assets and use selected strategies to maximize returns while controlling risk. Through smart contract automation, Tori simplifies complex DeFi operations, making revenue acquisition more friendly to both ordinary and advanced users. The platform emphasizes efficiency, transparency and composability.

PeakAI raised $2 million in a seed round from multiple institutions.

PeakAI is an AI-driven platform that combines Web3 analytics and decentralized marketing infrastructure. It turns blockchain data into actionable insights and enables brands to run distributed marketing campaigns with micro-influencers paid in USDC. Through a proprietary AI model and the KINDLE scoring system, the platform evaluates creator performance based on real interactions and reach. It automates campaign execution, reward distribution, and performance tracking, enabling brands to gain quantifiable impact while allowing creators to monetize efficiently.

Other financing rounds

Tazapay raised $36 million in Series B funding from Circle Ventures and others.

Tazapay is a global cross-border payments infrastructure platform that provides seamless local collection and payment services in more than 70 markets. It supports enterprises, B2B marketplaces and fintech companies, covering bank cards, alternative payment methods, virtual accounts, bank transfers and stablecoins. By bridging fiat currencies and stablecoins, it enables compliant digital settlement in emerging markets. It has obtained licenses in Singapore, Canada and the European Union, and is applying for licenses in the United States, United Arab Emirates, Hong Kong and Australia.

XFX raised $17 million in Series A funding from Castle Island Ventures and others.

XFX is an institutional-grade cross-border settlement platform that supports real-time and transparent flow of fiat currencies and stablecoins. It provides enterprises with deep liquidity, global instant settlement, and enterprise-grade auditing and reporting tools, and is compliant with SOC2 and ISO 27001 standards.

ForgeX received an undisclosed amount from Sonic SVM in an acquisition financing.

ForgeX is a Web3 development toolkit used to simplify the construction, deployment and management of blockchain applications, providing APIs, automation tools and infrastructure support.

AtlasOra raises $5 million in public sale financing.

AtlasOra is a stablecoin settlement protocol built on Base that converts idle prepaid custody funds into on-chain income through Aave.

Startale Labs raised $50 million in Series A funding from SBI Holdings.

Startale Labs is a Web3 technology company that focuses on multi-chain application development, infrastructure construction and incubation projects. Its products include Japan's popular Astar Network.

Watch.fun raised $8.6 million from investors including Crypto.com Capital.

Watch.fun is an on-chain platform that combines luxury watch collection with real-time social entertainment.

Ledger raised $50 million.

Ledger is a company based in Paris, France, whose hardware wallets are used to store crypto asset private keys offline.

Rakkar Digital receives funding in M&A financing (undisclosed).

Rakkar Digital is a crypto asset custody platform that mainly serves Southeast Asian institutions.

IDEX received funding in an acquisition financing (undisclosed).

IDEX is a decentralized exchange that combines a centralized order book and an automated market maker (AMM).

Catapult received funding in an undisclosed financing.

Catapult is a DeFi platform built on HyperEVM, combining liquidity initiation and trading infrastructure.

Origins Network raised $8 million.

Origins Network is a blockchain infrastructure project that provides a continuously running modular execution environment for AI agents and autonomous systems with a focus on verifiable computation and security.