Between March 21 and March 28, 2026, the Incrypted editorial team recorded 24 investment deals. In total, 18 projects raised $1.24 billion, including a $1 billion credit facility deal for Core Scientific. The remaining six projects did not disclose the amount of funding.
Venture Deals
During the period in question, the following companies raised investment:
- $50 million — Ledger. The company, which specializes in hardware solutions for storing crypto assets, reported a $50 million secondary share sale. As part of the deal, an early investor sold part of its stake to new market participants.
- $50 million — Startale Labs. The Web3 infrastructure developer announced it raised funds in a Series A round. The sole participant was SBI Holdings. In addition, it became known that in January 2026 the developers received $13 million from the Sony Innovation fund. The investment will be utilized to develop existing products.
- $36 million — Tazapay. The fintech company closed an extfinished Series B round. The funding came from Coinbase Ventures, CMT Digital, Circle Ventures, Peak XV Partners, January Capital, and GMO VenturePartners. The capital will go toward expanding Tazapay’s regulated payment-processing infrastructure.
- $17 million — XFX. The team building institutional infrastructure for real-time settlement raised additional capital. In the Series A round, funding was provided by Coinbase Ventures, Castle Island Ventures, and Haun Ventures.
- $8.6 million — Watch.fun. The platform for luxury watch giveaways reported raising investment. The undisclosed round included Animoca Brands, Spartan Group, Orange DAO, Big Brain Holdings, Morningstar Ventures, Solana Ventures, Crypto.com Capital, and Griffin Gaming Partners. The funds will be utilized to accelerate product development, expand the catalog, strengthen partnerships, and grow the team.
- $8 million — Eunice. The company building AI solutions for verification, risk, and data disclosure in the crypto market announced it has secured additional capital. The seed round was led by Moonfire Ventures and Speedinvest, with participation from Openspace Ventures and a large number of angel investors.
- $8 million — Origins Network. The team building a modular blockchain for AI agents announced it has raised funding. The undisclosed round was backed by Animoca Brands, Candaq Fintech Group, Castrum Capital, TBV, and Coinvestor Ventures. The funds will be utilized to upgrade infrastructure, scale decentralized compute, and integrate AI.
- $6 million — Payy Network. The blockchain platform focutilized on decentralized payments confirmed it has raised capital. The seed round included Robot Ventures, DBA, and FirstMark. The team did not disclose how the funds will be utilized.
- $6.7 million — Eureka Builder. The company building “programmable blocks” on the Ethereum network reported it has raised investment. The seed round was led by Spark Capital and Collider Ventures. Node Capital, Synergis, Reverie, Atka, Very Early Ventures, Masterkey Ventures, and Varrock also participated.
- $5 million — Megapot. The blockchain lottery protocol with daily jackpot draws announced it has secured additional capital. The pre-seed round included Coinbase Ventures, Dragonfly, Bankless Ventures, and several angel investors. The round will allow the team to scale and launch new games.
- $5 million — Verse 8. The browser-based platform for creating and launching games from text prompts announced the close of its seed round. The funding came from MARBLEX, Neowiz, Story Protocol, Nexpace, and NEXUS. The round will accelerate platform development, creator tools, and the growth of the creator ecosystem.
- $4.5 million — UnblockPay. The team behind an API for stablecoin-based banking operations confirmed it has received investment. Participants in the seed round included Wintermute, Plug and Play Tech Center, Reverie, Signature Ventures, Prelude, Crescera Capital, and Triaxis Capital. The funds will be utilized to develop new products and expand operations.
- $3 million — SwapCult. The decentralized exmodify aggregator reported raising capital. The team did not disclose the investors in the strategic round, nor did it specify how the funds will be utilized.
- $2.4 million — Kairos. The DeFi protocol announced it raised funds in a seed round. 6th Man Ventures led the round by funding volume. Lattice Capital, Advancit Capital, and Compa Capital also participated. The capital will be utilized to build a solution to bring the swaps market onchain.
- $2 million — PeakAI. The AI content distribution platform connecting brands and creators closed a seed round. Participants included Cogitent Ventures, PAKA, CatcherVC, ViaBTC Capital, MARBLEX, 10K Ventures, and Covey. The developers did not declare how the funds will be utilized.
- $2 million — Block Time Financial. The team building blockchain software for banks and fintech confirmed it has received fresh capital. The company did not disclose the investors’ names or the intfinished utilize of proceeds.
Some projects also announced funding but did not disclose details.
The decentralized protocol Tori Finance raised investment in a seed round. Delphi Ventures was the sole participant. The capital will be utilized to develop the project’s flagship product — the strUSD stablecoin.
Erebor Bank announced it received funding from the Fundrise Innovation Fund in an undisclosed round. The institution plans to issue loans backed by crypto assets, finance the development of AI chips, and build products for tech companies.
Catapult, a platform for launching and trading synthetic tokens, reported that it has raised funding. The capital was provided by KuCoin Ventures. According to the developers, the injection will support the project accelerate growth and relocate into a new phase of scaling.
Token Sales
Between March 21 and March 28, 2026, we did not record any new token sales.
You can follow updates in the relevant section on our website so you don’t miss new developments. In addition, our team regularly updates our dedicated Telegram channel.
Corporate Deals and Placements
There were only two corporate rounds this week.
Core Scientific, an infrastructure provider for the AI industest and mining, announced that it has secured a $1 billion credit facility. The deals were signed with JPMorgan Chase and Morgan Stanley. Each provided a $500 million credit line.
The funds will be utilized to purchase real estate, cover pre-development expenses, and secure new energy contracts.
Enlivex Therapeutics, a biotech company developing immunotherapies and utilizing a crypto treasury strategy, reported that it has raised $21 million. The capital will come via a convertible debt instrument, and the funds will be utilized to purchase RAIN tokens and launch a share acquireback program.
Mergers and Acquisitions
Between March 21 and March 28, the Incrypted team recorded the following M&A deals:
Katana, a blockchain incubated by Polygon Labs, acquired the decentralized exmodify IDEX, with the deal value undisclosed. Using its infrastructure, the project launched its own perpetual futures platform, Katana Perps.
Thai public company DV8 has announced its transformation into a Bitcoin treasury-focutilized firm. To that finish, it acquired licensed digital asset custodian Rakkar and plans to build a portfolio of up to 10,000 BTC by 2028.
In addition, Sonic SVM reported the acquisition of the ForgeX toolkit, with the deal value undisclosed. The integration is aimed at strengthening the ecosystem’s infrastructure, including market-building tools and the development of AI agents.
Accelerators, Grants, and DAO Funding
No deals were recorded in this category this week.
Top Investors
Overall venture investor activity increased compared with the previous reporting period. Coinbase Ventures led this category with three deals. Marblex and Animoca Brands created two investments each over the past week, according to CryptoRank.
What Was in Investors’ Focus?
This week, the focus shifted to DeFi and blockchain infrastructure. In addition, a notable number of deals were in the CeFi and GameFi sectors.
As a reminder, we regularly update our digest.
For example, between March 14 and March 21, 2026, the Incrypted editorial team recorded 27 investment deals. Of those, 12 raised $3.2 billion in funding.
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