Summer in Crypto: Launches & Funding

Category

Details

Biggest Funding Round

Company: Crypto.com (Exchange)
Investor: Citadel Securities
Stage: Strategic
Date: Jul 16
Funds Raised: $400 Million

Biggest Token Launch

Project: Cap [CAP]
Type: Public Sale
Valuation: $106M
ROI: 6.5x
Market Cap: $108 million
Current FDV: $694 million

Biggest M&A

Acquirer: Figure (RWA/Lending)
Date: Jun 11, 2026
Target: Kiavi (Real Estate)
Deal Value: $717 million

Biggest New DeFi Protocol

Project: Axis (Basis Trading)
Type: Private Funding
Funds Raised: $5M
Projected APY: ~10-20%
Current TVL: $67.7 million

Biggest Network Launch

Project: Robinhood (Layer 2)
Current TVL: $729 million
Chain Fees, 30D: $3.44 million
DEX Volume, 30D: $16.1 billion

Most Active Fund

Fund: Coinbase Ventures
Biggest Funding Round: Canton Network — $335 million
Preferred Stage: Series A
Funding Rounds: 12 rounds