Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Crypto VC Funding: Fnality secures $136m, Zerohash raises $104m

Crypto VC Funding: Fnality secures $136m, Zerohash raises $104m

Crypto.NewsCrypto.News2025/09/26 16:00
By:By Vignesh KarunanidhiEdited by Anthony Patrick

Crypto startups secured close to $380 million across 17 deals in the week of Sept. 21–27, led by Fnality’s $136 million Series C and Zerohash’s $104 million Series D.

Strategic raises and early-stage funding rounds, compiled using Crypto Fundraising ‘s database, are adding to the total despite broader market caution.

Summary
  • Crypto startups raised $378M this week across 17 deals despite market caution
  • Fnality led with $136M Series C; Zerohash followed with $104M Series D raise
  • RedotPay hit $47M strategic funding; multiple seed deals boosted the total

Here’s a detailed breakdown of this week’s crypto funding activity:

Fnality International

  • Raised $136 million in a Series C round
  • Fnality International is developing a regulated payment system
  • The investment was backed by Westpac, Bank of America, and Citi
  • The project has raised $344.2 million so far

We are proud to announce the successful close of our #SeriesC funding round, which marks a significant milestone in our mission to build a new global settlement network.

Read our official PR: https://t.co/fYJFnA6bxS pic.twitter.com/orYIHo6HY3

— Fnality (@fnality) September 23, 2025

Zerohash

  • Zerohash secured $104 million in a Series D round
  • The project is a full‑stack crypto‑service infrastructure provider
  • Investors include Fifth Third, Morgan Stanley, and SoFi

RedotPay

  • RedotPay raised $47 million in a Strategic round with a fully diluted valuation of $1 billion
  • The investment was backed by Coinbase Ventures, Galaxy Digital, and Vertex Ventures
  • The project has raised $87 million so far

Bastion

  • Bagged $14.6 million in a Strategic round
  • Bastion is operating in analytics, asset management, data service, and stablecoin sectors
  • Investors include Coinbase Ventures, Sora Ventures, and Samsung Next
  • Bastion has raised $39.6 million so far

We’ve raised $14.6M, bringing Bastion’s total funding to $40M!

Led by @cbventures with @Sony_Innov_Fund , @SamsungNext , @a16zcrypto , and @Hashed_Official .

We’re building the regulated rails for enterprises to launch and scale stablecoins.

Read more in the link below ⬇️

— Bastion (@BastionPlatform) September 24, 2025

Raiku

  • Raiku raised $11.25 million in a Seed round
  • Backed by Pantera, Jump Capital, and Lightspeed Faction
  • Raiku is a coordination layer and infrastructure protocol built

Projects < $10 Million

  • BULK, $8 million in a Seed round
  • Cloudburst, $7 million in a Series A round
  • Divine, $6.6 million in a Seed round
  • Shield, $5 million in a Seed round
  • Akio, $5 million in a Seed round
  • Coop Records, $4.5 million in a Seed round
  • Falcon Finance, $4 million in a Public sale
  • USD AI (Permian Labs), $4 million in an unknown round
  • Stablecorp (QCAD), $3.6 million in a Strategic round
  • Melee, $3.5 million in a funding round
  • Hana Network, $3 million in a public sale with $400 million fully diluted valuation
  • Lab, $1.5 million in a Public sale
0

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.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Trump's cryptocurrency empire faces allegations of boosting political sway and posing security risks

- House Democrats accuse Trump's WLFI crypto firm of selling tokens to sanctioned entities like North Korea and Russia, calling it the "world's most corrupt crypto startup." - The firm's $1B in crypto profits and ties to the Trump brand raise national security concerns over political influence and illicit financial activity. - Eric Trump stepped back from WLFI operations in September amid regulatory scrutiny, highlighting conflicts of interest and insider trading risks. - The case underscores broader crypt

Bitget-RWA2025/11/28 12:02
Trump's cryptocurrency empire faces allegations of boosting political sway and posing security risks

South Korea Revamps Cryptocurrency Regulations to Tackle Crime and Strengthen Digital Economy Leadership

- South Korea's Financial Intelligence Unit plans stricter AML measures, including pre-emptive account freezes, to combat crypto crimes by mid-2026. - A $30M Upbit hack linked to North Korea's Lazarus group highlights vulnerabilities, prompting enhanced exchange security protocols and loss coverage pledges. - Terra co-founder Do Kwon faces up to 40 years in South Korea for the $40B crypto crash, reflecting global accountability trends after FTX's collapse. - Regulators push for bank-led stablecoin issuance

Bitget-RWA2025/11/28 12:02
South Korea Revamps Cryptocurrency Regulations to Tackle Crime and Strengthen Digital Economy Leadership

Hong Kong’s SFC Approves Hang Feng’s Expansion into Virtual Assets

- Hang Feng's subsidiary HFIAM secured Hong Kong SFC approval to offer virtual asset advisory and management services, expanding its licensed scope to include digital assets. - The upgraded licenses enable HFIAM to manage portfolios with over 10% virtual asset exposure and launch standalone crypto funds, aligning with Hong Kong's innovation-focused regulatory framework. - This strategic move positions Hang Feng to capitalize on institutional demand for digital assets while emphasizing compliance, transpare

Bitget-RWA2025/11/28 12:02
Hong Kong’s SFC Approves Hang Feng’s Expansion into Virtual Assets