Utila, which is building an “operating system for stablecoins”, raised a $22M Series A extension led by Red Dot, taking its total funding to $51M+
Yogita Khatri / The Block :
Stable, which is building a new Layer 1 blockchain for stablecoins, raised a $28M seed co-led by Bitfinex and Hack VC
Yogita Khatri / The Block :
Auradine, which manufactures Bitcoin miners and offers AI infrastructure, raised a $153M Series C, with $138M in equity and $15M in debt, led by StepStone Group
Yogita Khatri / The Block :
Tether acquired 8,888 bitcoin worth $735M in Q1 2025, taking its total holdings to $7.8B and making it the sixth-largest bitcoin holder in a single wallet
Yogita Khatri / The Block :
Avail, a modular blockchain project building “rollup-centric infrastructure”, raised a $43M Series A, after raising a $27M seed in February 2024
Yogita Khatri / The Block :
Avail, a modular blockchain project spun out of Polygon in 2023 to streamline the rollup experience, raised a $27M seed co-led by Founders Fund and Dragonfly
Yogita Khatri / The Block :
SynFutures, a decentralized derivatives exchange for trading crypto perpetual futures, raised a $22M Series B led by Pantera, after a $14M Series A in June 2021
Yogita Khatri / The Block :
Tether reports a $850M net profit in Q2, vs. $1.5B in Q1, with ~$3.3B in excess reserves, up from $2.44B in Q1, and $86.5B+ in total assets as of June 30
Yogita Khatri / The Block :
Binance completes integrating the Bitcoin Lightning Network, enabling faster and cheaper bitcoin transactions, after setting up Lightning nodes in June 2023
Yogita Khatri / The Block :
Binance launches Capital Connect to connect VIP clients and investment fund managers; the exchange has 128M+ users, of which VIPs are a “very small percentage”
Yogita Khatri / The Block :