Biggest Crypto Fundraising Events in May
Source: CryptoDep Analytics | Date: 29th May 2026
1. ARC
ARC is an EVM-compatible L1 by Circle for stablecoins.
Amount Raised: $222M
Key Investors: a16z Crypto, ICE, Gnosis, HAUN, ARK
2. Kalshi
Kalshi is a betting market that is regulated by the CFTC.
Amount Raised: $200M
Key Investors: Layer, Baillie Gifford
3. Elliptic
Elliptic provides analytics, training, and certification for businesses.
Amount Raised: $120M
Key Investors: One Peak, Evolution, Nasdaq, JPMorgan
4. Gemini
Gemini is a regulated crypto exchange and custodian.
Amount Raised: $100M
Key Investors: Winklevoss Capital
5. Fun
Fun is a payment system offering the converting rails to move money.
Amount Raised: $72M
Key Investors: Multicoin Capital, SignalFire
6. Fasset
Fasset is a digital banking and blockchain payment platform.
Amount Raised: $52M
Key Investors: SBI Investment, Investcorp
7. Variational
Variational is a trading protocol built on Arbitrum L2.
Amount Raised: $50M
Key Investors: Dragonfly, Bain Capital Crypto, Coinbase Ventures
8. Augustus
Augustus is a bank for global financial institutions.
Amount Raised: $40M
Key Investors: Valar, Creandum
9. PopDEX
PopDEX is a perpetual DEX focused on capital efficiency.
Amount Raised: $30M
Key Investors: Foresight Ventures
10. Catena
Catena Labs is a financial infra designed specifically for AI agents.
Amount Raised: $30M
Key Investors: a16z Crypto, Acrew, Coinbase Ventures


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