Crypto VC Funding Explodes: Satsuma Secures $135M, QCEX Nabs $112M in Bold Market Bet
Crypto's venture capital arms race heats up as two heavyweights lock in massive war chests. Satsuma's $135 million haul and QCEX's $112 million raise signal institutional FOMO is alive and well—even as traditional VCs still pretend to 'understand the tokenomics.'
The deals that broke the camel's back
While Wall Street debates rate cuts, crypto builders keep stacking paper. These nine-figure rounds prove smart money's still chasing decentralization—or at least the 100x returns it promises.
Follow the money (straight into Web3)
The funding surge comes as Bitcoin flirts with $75K again. Coincidence? TradFi dinosaurs scrambling for blockchain exposure? Probably not. Just don't ask these VCs about their 2022 portfolios.
Satsuma
- The blockchain indexing platform raised $135 million in an Unknown round
- The project has raised $140 million so far
QCEX
- QCEX secured $112 million through M&A.
- The project, backed by Polymarket, is a Commodity Futures Trading Commission-licensed derivatives exchange.
Courtyard
- Courtyard raised $30 million in a Series A round from Forerunner Ventures, NEA, and Combinator.
- The project is a marketplace for tokenized physical collectibles.
Bitzero
- Bitzero gathered $25 million in an unknown round
- The project is operating in Infrastructure sector
Lightyear
- Lightyear accumulated $23 million as part of a Series B round
- The project — backed by NordicNinja, Lightspeed, and Metaplanet — is an investment platform enabling access to global stocks
xTAO
- xTAO secured $22.8 million in an Unknown round
- Investors include Digital Currency Group, Animoca Brands, and Falcon X
Projects under $20 million
- Soluna, $20 million in an Unknown round
- Poseidon, $15 million in a Seed round
- Capital B (ex The Blockchain Group), $12.05 million in an Unknown round
- DSRV, $11.6 million in a Series B round
- Gaia, $10 million in a Series A round
- Freename, $6.5 million in a Series A round
- Questflow, $6.5 million in a Seed round
- Delabs Games, $5.2 million in a Series A round
- Quack AI, $3.6 million in an Unknown round
- Syntetika, $2.5 million in a Pre-seed round
- Bloom Labs Ltd, $1.6 million in a Pre-seed round