Crypto companies announced a total of $43.5 million in disclosed funding across six financing deals between October 31 and November 6. Uranium Digital led the week with a $16.5 million Series A round, while five other companies announced investments without revealing the amounts.
The funding covered several areas of the crypto industry, including uranium trading, stablecoin payments, institutional trading, prediction markets, and digital wallet security.
Uranium Digital leads the week with $16.5 million
Uranium Digital raised $16.5 million in a Series A funding round led by Blockchain Capital. Existing investors Portal Ventures and Apeiron Investment Group also participated.
The company plans to use the money to expand its products and technology. Its platform allows institutional investors to trade and settle physical uranium through digital warehouse receipts backed by uranium stored at approved facilities in North America.
Each digital receipt represents one pound of uranium. The platform is designed for producers, energy companies, and financial institutions, with Anchorage Digital Bank serving as the custodian.
LO:TECH raises $12 million for international expansion
London-based LO:TECH secured $12 million in a Series A round led by MMC Ventures. Existing investors Faction and 13 Books Capital also joined, along with Atka.
The company plans to use the funding to expand into the United States and Asia-Pacific, with New York and Singapore among its target markets.
LO:TECH provides trading services, market data, and liquidity for digital assets, traditional financial markets, and prediction markets.
The company said it currently serves more than 50 institutional clients and plans to strengthen its trading services while exploring the regulatory requirements needed to enter new markets.
Takenos secures $7 million for stablecoin payments
Takenos raised another $7 million through a seed extension led by North Island Ventures and Road Capital Management. Variant, Lattice, and Reverie also participated.
The latest investment brings the company’s total funding to $12 million.
Takenos provides dollar accounts, payment cards, business payments, payroll, and financial management services using stablecoins. The company said it processes more than $5 billion in annual payments across Argentina, Bolivia, Ecuador, Peru, Paraguay, and Guatemala.
It plans to expand into more than 15 countries by 2027. The new funding will support international expansion, local licenses, payment connections, new products, and additional hiring.
Three more companies secure smaller funding rounds
Lombard Systems raised $4 million across pre-seed and seed rounds, led by Ethereal Ventures, with participation from Alps Capital, First Commit Capital, Veris Ventures, and Atka.
The company is developing technology that allows institutions to use tokenized assets as collateral while keeping them in their existing securities accounts.
CRSHMARKET secured $3.5 million in a seed round led by 6th Man Ventures, with Reciprocal Ventures, Lattice Fund, and Starting Line also participating.
Its platform operates on the Monad blockchain and allows viewers to make predictions during livestreams, with markets settling in just 60 seconds.
Meanwhile, Solana wallet developer Unruggable received $500,000 in strategic funding led by Colosseum. The company combines a hardware device with a mobile application to help users manage their crypto securely.
Other companies announce investments without disclosing amounts
Several other crypto companies also announced new investments and funding developments during the week.
– Soter Insure announced the second close of its Series B round, bringing in SC Ventures and SBI Group, alongside additional investment from Token Bay Capital. The money will support its insurance services, technology, and international expansion.
– StableStock announced a strategic investment involving Amber, Nomad Capital, Flow Traders, and Gate. The company disclosed a $75 million valuation but did not reveal the funding amount.
– CRYMBO received a strategic investment from Orbs to expand its digital asset infrastructure for regulated financial institutions.
– Scallop secured strategic backing from XDC Ventures to develop financial services connecting blockchain assets with payment systems.
– PropHub announced a strategic funding round led by Merchant Seven and private investors. The company plans to expand its brokerage services, trading technology, distribution partnerships, and international operations.