The past week witnessed several notable crypto funding rounds. Particularly, 10 crypto funding rounds saw the cumulative collection of up to $370.5M over the week. As per the data from CryptoRank’s Fundraising Digest, the biggest deal among them was that of Prime Intellect, raising $130M. Hence, these funding rounds present a noteworthy interest in infrastructure-led innovation.
Prime Intellect Dominates Past Week’s Funding Rounds with $130M
Prime Intellect emerged as the leading among the popular crypto funding rounds of the week. In this respect, the decentralized AI platform, which develops an open superintelligence stack, has successfully collected $130M in a Series A round. Following that, Gauntlet gained the 2nd top position among these funding rounds. The quant risk-management entity that optimizes DeFi security and capital efficiency raised $125M in a Series C funding round.
Apart from that, EDX Markets was the 3rd among the crypto funding rounds last week. Specifically, the platform, which is responsible for institutional-scale digital-asset exchange for Wall Street entities, has raised $76M in total. SBI Holdings led the Series C funding round of EDX Markets. Coming after that, the 4th top name among the past week’s famous crypto funding rounds is Mercado Bitcoin. The biggest digital-asset exchange operating in Latin America, which serves more than 4M users with RWA, shows a notable difference from EDX Markets in terms of funding.
In particular, Mercado Bitcoin has raised up to $20M in its strategic funding round that Tether led last week. Following that, KOR Protocol is another crypto player standing among the funding rounds of the week. As the data suggests, the past week’s Series A funding round of KOR Protocol resulted in the collection of $7.5M.
M1X Global Bottoms List with $5.5M
According to CryptoRank, the 6th top crypto platform on the list of funding rounds was Alsa. The payment network that lets AI agents tap more than one hundred APIs and fifty LLMs through an inclusive x402 endpoint raised $6.5M. Alibaba was among the key platforms driving the Seed funding round of Alsa. Additionally, M1X Global was the 7th funding round, amassing $5.5M. Paradigm was a crucial entity leading its Seed funding round.
