Crypto VC Funding: Flying Tulip leads with $200m, xMoney follows with $21.5m
Crypto projects raised $351 million across 13 deals from September 28 to October 4, led by Flying Tulip’s $200 million seed round, as DeFi and finance-focused ventures dominated the week’s funding activity.
- Flying Tulip raised $200m seed at $1b valuation, leading weekly crypto funding.
- DeFi and finance startups dominate $351m crypto funding across 13 projects.
- Payments and gaming projects like xMoney and AmbrusStudio secured millions.
Here’s a breakdown of this week’s top announcements, according to Crypto Fundraising data :
Flying Tulip
- Flying Tulip, a full stack on-chain exchange, raised $200 million in a Seed round
- Backed by Brevan Howard, CoinFund, and DWF Labs, the startup has a fully diluted valuation of $1 billion.
xMoney
- The payment infrastructure platform secured $21.5 million from various investors, including Sui Foundation and MultiversX (formerly Elrond).
- So far, xMoney has raised $31.5 million.
Lava
- Lava raised $17.5 million ($27.5 million in total).
- Its backers include Peter Jurdjevic of Qatar Investment Authority, Bijan Tehrani of Stake, Zach White of 8VC, Saurabh Gupta of DST Global, Terry Angelos, formerly of Visa, and Aaron Suplizo, formerly of Block (previously Square).
AmbrusStudio (E4C: Final Salvation)
- Gathered $15 million in an Unknown round
- E4C token is operating in Gaming, NFT, P2E, and Sports sectors
- Investment was backed by Capital
Projects < $15 Million
- Ethena Labs, $14 million in an Unknown round
- KGeN (ex Kratos), $13.5 million in an Unknown round
- Talus Labs, $10 million in a Strategic round
- Yield Basis, $5 million in a Public sale
- Tea Protocol, $3 million in a Public sale
- BaseVol, $3 million in a Seed round
- Novastro, $2 million in a Public sale
- Nolan, $2 million in a Seed round
- Drake Exchange, $1 million in a Seed round
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
AI's Growing Demand for Power Pushes the Energy Industry Into an Intense Sustainability Competition
- Energy and tech sectors collaborate to address AI's surging energy demands through sustainable computing infrastructure and efficient GPU solutions. - Devon Energy and Alliant Energy boost capital spending on grid modernization and storage, aligning with AI-driven power needs while maintaining shareholder returns. - NVIDIA advances open-source GPU efficiency via Nova driver, yet faces market volatility as AI sector grapples with financial risks and regulatory pressures. - Industry challenges include bala
ZEC drops 11.51% over 24 hours, Large Holder Movements and Accumulation Patterns Indicate Market Fluctuations
- ZEC fell 11.51% in 24 hours as a major whale liquidated 30,000 ZEC ($960K), facing 46% unrealized losses and a $420 liquidation price. - Binance saw $30M ZEC accumulation via coordinated whale buys, while the largest short position (0xd47) reduced losses to $10.87M amid ongoing bearish bets. - Zcash’s November 2025 halving will cut block rewards by 50%, boosting scarcity, while Grayscale’s $137M Zcash Trust highlights growing institutional interest. - Privacy-focused Zcash gains regulatory clarity under
Bitcoin News Update: Short Sellers Hit Hard as $341M in Crypto Liquidations Sparks Volatility Spike
- Bitcoin's $106,000 surge triggered $341.85M in crypto liquidations, with short sellers losing $106.75M as leverage-driven volatility spiked. - Senate's shutdown resolution boosted Bitcoin 3.93% in 24 hours, alleviating regulatory uncertainty and injecting market optimism. - Hyperliquid's $18.96M single liquidation highlighted risks of 1,001:1 leverage, as platforms amplified price swings through stop-loss mechanisms. - November's $20B in crypto derivatives liquidations revealed systemic fragility, with E
XRP News Today: XRP ETFs: Wall Street's Pathway to a $6 Trillion Ambition
- U.S. regulators fast-track XRP ETF approvals, with 21Shares, Franklin Templeton, and Canary Capital nearing launches by late November. - Analysts predict XRP could surge to $100–$1,000 if multiple ETFs debut simultaneously, potentially pushing its market cap to $6 trillion. - Ripple's $4B funding round and SEC court rulings validate XRP's utility in cross-border payments, signaling institutional adoption. - Risks persist, including regulatory delays and unmet adoption targets, though ETFs could normalize
Trending news
MoreCrypto prices
More
