Crypto and blockchain companies raised a combined $184.1 million across eight funding rounds between August 22 and August 28, highlighting continued investor interest in digital asset infrastructure, stablecoin services, and on-chain finance.
The largest deal of the week came from RQD Clearing*, which secured a $74 million growth investment led by Bain Capital Tech Opportunities. The company provides clearing, custody, and technology services to financial institutions and plans to use the funding to expand its operations and develop infrastructure for digital assets and tokenized securities.
Fasset recorded the second-largest raise, securing $68 million in a Series C funding round led by Japan’s SBI Group. The investment pushed the company’s valuation to $1 billion, making it one of the latest crypto unicorns. Fasset plans to expand its stablecoin payment network, develop AI-powered financial products, and support the launch of a digital bank in Malaysia.
Another notable funding round came from Hivemind Digital Group, which raised $17 million from investors led by M&G Investments. The company intends to strengthen its tokenization infrastructure and expand partnerships aimed at bringing traditional financial assets onto blockchain networks.
Meanwhile, on-chain trading platform Entropy secured $14 million in equity financing led by Ribbit Capital. The company focuses on building decentralized markets through the Hyperliquid ecosystem and plans to launch additional products covering private companies, commodities, and other asset classes.
Several smaller projects also attracted funding during the week. City Protocol raised $4 million to build infrastructure for tokenized investment products, while Chomp secured $3.6 million for its social prediction platform. Oro raised $3 million to expand its technology that converts simple user instructions into blockchain transactions across multiple networks. XStable received $500,000 through the EASY Residency accelerator program backed by YZi Labs.
The funding activity shows that investors continue to focus on projects that connect traditional finance with blockchain technology, particularly in areas such as stablecoins, tokenization, trading infrastructure, and digital asset services.
Overall, infrastructure and financial-service companies attracted the majority of capital during the week, suggesting that investors remain interested in the long-term growth of the crypto ecosystem despite ongoing market volatility.
