Funding Rounds

Jenny Johnson, Franklin Templeton president and CEO, speaks at Consensus 2024. (Shutterstock/CoinDesk)
Bitcoin Layer-2 Chain Bitlayer Raises $11M Led by ETF Issuer Franklin Templeton
Bitlayer's layer 2 is based on the BitVM paradigm, which was unveiled last October and laid out a path for Ethereum-style smart contracts on the original blockchain.
Jenny Johnson, Franklin Templeton president and CEO, speaks at Consensus 2024. (Shutterstock/CoinDesk)

A JPMorgan building. (Shutterstock)
Partior, Blockchain Payment Network Backed by JPMorgan and DBS, Raises $60M Series B
The investment was led by Peak XV Partners with contributions from Valor Capital Group and Jump Trading Group.
A JPMorgan building. (Shutterstock)

Rachel Sun/CoinDesk
Peter Thiel's Founders Fund Leads $85M Seed Investment Into Open-Source AI Platform Sentient
The project aims to address concerns about the proliferation of AI whereby the underlying code is concentrated in the hands of a few superpowers like Google or Meta.
Rachel Sun/CoinDesk

16:9 Security (LEEROY Agency/Pixabay)
Web3 Cybersecurity Company GoPlus Raises $10M to Build Permissionless Security Layer
The round counts OKX Ventures, HashKey Capital and Animoca Brands among its backers
16:9 Security (LEEROY Agency/Pixabay)

Funding (Gerd Altmann/Pixabay)
Bitcoin Staking Project Babylon Raises $70M Led by Paradigm
The funding round included contributions from Polychain Capital and the venture arm of crypto exchange and CoinDesk parent company Bullish
Funding (Gerd Altmann/Pixabay)

Fantom Foundation CEO Michael Kong (Fantom)
Fantom Foundation Creates Sonic Foundation, Labs for New Sonic Chain
Alongside the new entities, Fantom raised $10 million in a funding round that will go towards Sonic’s ecosystem development.
Fantom Foundation CEO Michael Kong (Fantom)

Polymarket CEO Shayne Coplan (Polymarket)
Peter Thiel's Founders Fund, Vitalik Buterin Back $45M Investment in Polymarket
The series B funding round comes during a breakout year for the crypto-based prediction market platform, and brings its total funding well over $70 million.
Polymarket CEO Shayne Coplan (Polymarket)

Funding (Gerd Altmann/Pixabay)
Bitcoin Layer-2 Builder Botanix Labs Raises $8.5M From Polychain Capital, Others
The New York-based firm built Spiderchain to be compatible with Ethereum Virtual Machine (EVM) layers.
Funding (Gerd Altmann/Pixabay)

Funding (Gerd Altmann/Pixabay)
EigenLayer-Powered Aligned Layer Raises $20M to Make ZK Proofs Faster, Cheaper on Ethereum
The fundraise was led by Hack VC and included contributions from DAO5, L2Iterative, NomadCapital_io, FinalityCap, Symbolic VC and Theta Capital
Funding (Gerd Altmann/Pixabay)