
Health tech firm Prenetics announced a $46.8M funding round led by crypto firms Kraken and Exodus to support its bitcoin treasury strategy and growth toward $1B in annual revenue; proceeds could reach $216M. The raise was reported on 2025-10-27.

Coinbase recently acquired fundraising platform Echo and plans to integrate it into its ecosystem to enable on‑chain incorporation, fundraising in USDC, and tokenized public listings. Echo has helped 200+ projects raise over $200M and will initially operate independently before deeper...

Tether has invested $775 million in video platform Rumble, which plans to roll out a Bitcoin tipping feature for its 51 million users in mid-December. Tether intends to leverage the partnership to promote its USAT stablecoin to U.S. users.

Ripple has closed its acquisition of global prime broker Hidden Road and rebranded the business as Ripple Prime. The unit, which Ripple said has tripled in size since announcement, serves 300+ institutions and will use Ripple's RLUSD stablecoin as optional...

Ripple has completed its acquisition of Hidden Road to broaden its fintech offerings for institutional clients and enhance the utility and distribution of its RLUSD stablecoin. The deal positions Ripple as a more comprehensive fintech provider for institutional crypto and...

Crypto token issuer Pumpfun (PUMP) has acquired trading terminal Padre to drive higher trading volumes and liquidity for its tokens amid a cooled memecoin market. The deal aims to support token activity and market engagement.

Semler Scientific (SMLR), which began its bitcoin treasury strategy in mid‑2024, is in the process of being acquired by Strive (ASST). The deal comes amid plunging valuations for bitcoin treasury companies trading below the value of their BTC holdings.

Ripple has completed its acquisition of global prime broker Hidden Road for $1.25 billion and rebranded the business as Ripple Prime. The deal expands Ripple into institutional prime brokerage and supports greater use of its stablecoin RLUSD and XRP in...

Polymarket acquired QCX, a CFTC-registered derivatives exchange, for $112 million earlier in 2025 to enable a regulated U.S. relaunch. The purchase is intended to bring Polymarket’s prediction markets back to U.S. users in a regulated format and precedes plans for...

Pumpfun has acquired Padre, a multichain memecoin trading terminal operating on Solana, Base, Ethereum, and BNB Smart Chain, expanding Pumpfun's memecoin trading stack and challenging trading bots. The deal was announced on 2025-10-24; no financial terms were disclosed.

Swiss Bitcoin app Relai completed a $12M Series A in late 2024 led by Ego Death Capital, with participation from Plan B Bitcoin Fund, Timechain and Solit Group. The raise was disclosed alongside Relai's push to obtain a MiCA license...

Stable, a stablecoin‑focused layer‑1 blockchain, said Phase 1 of its pre‑deposit campaign hit the $825 million hard cap within minutes of opening. The campaign represents a large capital inflow tied to the project's token/pre‑deposit offering.

BlockStreet, building a unified liquidity layer for tokenized assets on Monad, has raised $11.5 million in a funding round led by Hack VC. The startup plans a Q4 2025 launch and is running a public testnet to onboard users and...

Solana-based memecoin launchpad Pump.fun has acquired multichain trading terminal Padre to enhance liquidity and trading experience for tokens on its platform. Financial terms were not disclosed; the deal aims to support Pump.fun's market position amid cooling memecoin activity.

Tether made a $775 million strategic investment in video‑sharing platform Rumble (RUM) last year, positioning the firm as a distribution partner for Tether's upcoming USAT stablecoin and its crypto wallet.

Evernorth Holdings, backed by Ripple Labs, will go public through a merger with Armada Acquisition Corp. II that is expected to raise over $1 billion, including a $200 million investment from SBI Holdings. Additional backers include Ripple, Kraken, Pantera Capital...
Decentralized lending platform Spark has moved $100 million of its stablecoin reserves into Superstate’s Crypto Carry Fund (USCC) to capture higher crypto yields. The allocation comes as Spark manages yield for a $9B USDS liquidity reserve and seeks enhanced returns...

Polymarket previously secured a $2 billion investment from Intercontinental Exchange (ICE) at a $10 billion valuation. The platform says a native token is planned but US app launch and further fundraising (potentially valuing it at $15B) are priorities.

Kalshi raised $300 million from venture firms including Paradigm, Sequoia, and Andreessen Horowitz to support its crypto and on‑chain expansion. The funding backs Kalshi's push into on‑chain prediction markets and integrations such as its partnership with oracle RedStone.

Mill City Ventures III announced a $450 million private placement to create a digital asset treasury (DAT) centered on the SUI token, including a $25 million cash investment from the Sui Foundation and purchase of $140 million in locked tokens...

Aave Labs has acquired Stable Finance, a San Francisco startup that built a mobile app for stablecoin onchain savings. Stable’s founder and engineering team will join Aave Labs to integrate the startup’s consumer-focused technology into Aave’s product roadmap; terms were...

Fireblocks has acquired Dynamic to complete its enterprise wallet technology stack and offer expanded institutional-grade services. The deal integrates Dynamic's wallet infrastructure into Fireblocks' platform to enhance custody and wallet capabilities for institutional clients.

Hyperliquid Strategies filed an S-1 prospectus on Oct 22, 2025 outlining plans to offer up to $1 billion in a public offering of 160 million shares to build a digital asset treasury. The filing signals the company's intent to go...

Singapore-based fintech Pave Bank raised $39M in a Series A round led by Accel, with participation from Tether Investments, Wintermute, Quona Capital, Helios Digital Ventures, Yolo Investments, Kazea Capital, Financial Technology, and GC&H Investments. The funding will expand Pave Bank's...

Plasma acquired a Virtual Asset Service Provider (VASP)‑licensed entity in Italy as part of a broader push into regulated EU payments, and is opening an Amsterdam office while pursuing MiCA and EMI licenses. The move enables Plasma to legally handle...

Hyperliquid Strategies filed to raise $1 billion through a stock offering to expand its crypto treasury and increase exposure to HYPE tokens. The raise is intended to fund additional purchases of HYPE as part of the firm's post-merger strategy.

DraftKings acquired CFTC‑regulated prediction markets platform Railbird (terms undisclosed) and will launch a new DraftKings Predictions product, tapping Polymarket as its designated clearinghouse. The acquisition was announced the week of 2025-10-23 and positions DraftKings in the prediction markets sector.

Hyperliquid Strategies plans to issue up to 160 million shares to raise as much as $1 billion to fund purchases for its HYPE treasury. Chardan Capital Markets is acting as the company's financial advisor on the transaction announced on 2025-10-23.

Aave Labs has acquired San Francisco fintech startup Stable Finance, bringing founder Mario Baxter Cabrera and the full engineering team into Aave Labs to accelerate consumer-facing DeFi products and simplify stablecoin savings. The Stable app will be phased out as...

Fireblocks acquired Dynamic, a developer platform that powers wallets and onboarding for firms like Kraken and Magic Eden, combining institutional custody infrastructure with consumer wallet and onboarding tech to deliver a full custody-to-consumer on‑chain platform. Financial terms were not disclosed;...

Aave Labs has acquired Stable Finance in a deal to broaden its consumer DeFi footprint and stablecoin capabilities, following prior institutional initiatives like Maple Finance integration and Horizon RWA marketplace. The acquisition aims to integrate Stable Finance's technology and products...
CipherOwl, an AI-native intelligence layer for institutional cryptocurrency compliance, raised $15M in a seed financing round co-led by General Catalyst and Flourish Ventures. The company will use the proceeds to accelerate engineering hires, expand blockchain network coverage, and deepen partnerships.

FalconX acquired 21Shares on 2025-10-22 in a deal that integrates prime brokerage capabilities with one of the largest crypto ETP issuers managing over $11 billion. The acquisition is aimed at vertical integration of trading and investment management in the crypto...

XDC Ventures, the venture arm of the XDC Network, acquired Contour Network to relaunch its blockchain trade‑finance platform, inject fresh capital, and integrate stablecoins for end‑to‑end digital trade settlements. Contour, previously backed by major banks and shuttered in 2023, will...
Tesser Payments, a NYC-based stablecoin payments startup, raised $4.5M in a seed round led by Castle Island Ventures with participation from Strobe Ventures, Anthemis and other strategic investors. Funds will be used to expand operations and accelerate product development.

According to the Wall Street Journal cited in the article, crypto trading firm FalconX is acquiring ETF manager 21Shares to build out funds focused on derivatives and structured products. The report frames the move as a strategic combination to expand...

Inveniam Capital Partners signed a definitive agreement to acquire decentralized cloud storage provider Storj, folding its distributed storage and compute into Inveniam’s data and AI platform. Storj will operate as a standalone subsidiary with existing leadership retained and financial terms...

FalconX has acquired 21Shares, the world’s largest crypto exchange-traded product (ETP) issuer, marking the firm’s third major deal of 2025 after purchases of Arbelos Markets and a majority stake in Monarq. Financial terms were not disclosed in the announcement on...

Hong Kong-listed Moon Inc. (HKEX: 1723) raised roughly US$8.8 million (about HK$65.5 million) through a private placement of new shares and convertible notes to fund rollout of a Bitcoin prepaid card across Asia. The funds come from a private allotment;...
Tesser announced a $4.5M seed round to build a stablecoin payments solution, led by Castle Island Ventures with participation from Strobe Ventures, Anthemis and other strategic investors. The funding will support product and go-to-market expansion for licensed institutions seeking compliant...

Digital asset prime broker FalconX agreed to acquire crypto asset manager 21Shares, expanding FalconX beyond market making into issuing crypto ETFs. Terms of the deal were not disclosed; announcement reported by the Wall Street Journal and covered by CoinDesk on...
Cybrid, a platform for compliant stablecoins and fiat payment infrastructure, raised $10 million in a Series A round led by the Growth Venture Fund at BDC Capital with participation from Golden Ventures, Luge Capital, and Panache Ventures. Proceeds will accelerate...

The article reports multiple Reg CF tokenized raises: Robert Rodriguez raised $2M from ~2,000 fans; Pressman Film raised $2M for a slate of films; and Eli Roth’s fan-owned horror studio maxed a $5M Reg CF campaign. These are retail tokenized...

Kinetiq (the Kinetiq Foundation) raised $1.75 million from investors active within the Hyperliquid ecosystem, the Foundation revealed. The funding was disclosed alongside the launch of Kinetiq's KNTQ governance token and follows the protocol's rapid TVL growth since launching in July...

DraftKings announced the acquisition of Railbird as it prepares to launch a new prediction markets platform, DraftKings Predictions. Polymarket Clearing will serve as the designated clearinghouse for the product's backend infrastructure.

Coinbase acquired the team behind the privacy-focused blockchain Iron Fish in March 2025 and folded them into a new privacy pod to build privacy-preserving primitives for its Base layer-2 network. The move was announced by Coinbase and referenced by CEO...

Coinbase acquired Iron Fish (announced March 2025), a privacy-focused blockchain project, a move Coinbase CEO Brian Armstrong credited for enabling private transactions on Base. The acquisition is cited as driving Base's private transactions efforts, though transaction terms were not disclosed.

CoreWeave has proposed an all-stock merger to acquire bitcoin miner Core Scientific in a deal reported at about $9 billion. The transaction remains contested as analysts expect shareholders may reject the proposed merger amid sector revaluation and AI-driven HPC momentum.

Crypto exchange Kraken (Payward Inc.) recently raised $500 million in a funding round that valued the company at $15 billion, bolstering plans for a potential U.S. IPO. The raise was cited in the company’s Q3 financial update showing sharply higher...
Toronto-based Cybrid, a platform for compliant stablecoins and fiat payment infrastructure, raised $10M in a Series A round led by the Growth Venture Fund at BDC Capital, with participation from Golden Ventures, Luge Capital and Panache Ventures. The company will...