Kaiko Secures $110M in Largest Weekly Crypto Round
Crypto firms raised $180.25 million in nine deals last week. Kaiko led with a $110 million round from major institutions.
Crypto and blockchain companies announced $180.25 million in disclosed financing between September 12 and September 18. The total covers nine deals, including two with undisclosed terms. S&P Global’s acquisition of OpenZeppelin is excluded from this figure. Kaiko captured the largest share of the weekly capital.
The funding focused on market data, stablecoin payments, and institutional infrastructure. Fin.com and dtcpay also secured significant rounds. This data is reported by GN auto markets/crypto: blockchain finance. The sector continues to attract capital from traditional financial players.
Kaiko Leads Institutional Funding
Kaiko raised $110 million in its latest financing round. S&P Global led the transaction. BNP Paribas, Nasdaq, Royal Bank of Canada, Bpifrance, and Susquehanna also participated. The New York-based firm provides data across over 150 exchanges.
The company will use the capital to expand its product range. It will improve data services for trading and tokenization. This follows an agreement to brand S&P Kaiko Digital Asset Indices. The round reflects growing demand for regulated crypto data in the US market.
Payments Infrastructure Attracts Capital
Fin.com secured a $20 million seed round. Expa, Coinbase Ventures, Tenet Fund, and Second Sight Ventures backed the deal. Garrett Camp, an Uber co-founder, also participated. The firm connects stablecoin infrastructure with local banking networks.
Fin.com supports over 40 currencies in more than 30 countries. It targets fintech companies and payroll providers. The platform offers multi-currency accounts and embedded compliance. This reduces the need for separate banking connections in each market.
Stablecoin Platforms Expand Reach
dtcpay added $15 million to its Series A funding. SBI Holdings and Genedant Capital provided the capital. This brings the company’s total Series A to $25 million. The Singapore-based firm operates a regulated payment platform.
The company settles fiat and stablecoin payments for businesses. It offers checkout tools and Visa card services. The funds will expand infrastructure in retail and hospitality. Tare also raised $13.25 million for onchain credit. Blockchain Capital led that seed round.
