Crypto funding stayed strong during the week of January 11–17, 2026, with $513.4 million raised across 15 projects. The biggest headline came from Alpaca and LMAX Group, which each pulled in $150 million, showing that investors are still backing core crypto infrastructure and trading platforms.
Alpaca led the week with a $150 million Series D round, pushing its fully diluted valuation to $1.15 billion. The company, which offers APIs for trading stocks, options, and crypto, was backed by DRIVE, Haun Ventures, and Opera. With this raise, Alpaca’s total funding now stands at $288.8 million.
LMAX Group also secured $150 million in a funding round that wasn’t fully disclosed. The investment was backed by Ripple, highlighting continued interest in institutional trading infrastructure.
Another major raise came from ICEx, an Indonesia-based crypto exchange, which brought in $70 million. Upexi followed with $36 million, backed by HiveMind, bringing its total funding to $136 million.
Investor interest in Bitcoin-focused infrastructure also stood out. Project Eleven raised $20 million in a Series A round, valuing the company at $120 million. The project focuses on Bitcoin security and infrastructure and attracted backing from Castle Island Ventures, Coinbase Ventures, and Lattice.
VelaFi raised $20 million in a Series B round, adding two new investors. The company operates in finance, payments, infrastructure, and stablecoins, and is backed by XVC, Ikkuyo, and Annox. Its focus on stablecoin payment systems reflects growing demand for real-world crypto use cases.
Smaller but notable raises filled out the rest of the week:
- Konnex raised $15 million in a strategic round
- XMAQUINA, Veera, and TBook each raised $10 million
- Noise secured $7.1 million, while Meld raised $7 million
- Neuramint brought in $5 million
- TROVE raised $2.5 million through a public sale
- Saturn Labs (USDsat) closed $800,000 in an angel round
Overall, the week showed that investors are still focused on the foundations of the crypto ecosystem—exchanges, infrastructure, payments, and security—rather than short-term hype. Even in a shifting market, money continues to flow toward projects building the core rails of crypto.
