From April 18 to April 25, 2026, the cryptocurrency market recorded 16 funding rounds, 12 of which disclosed details regarding the amount of raised funds. In total, the investment volume reached $222 million. The central event of the week was the financial assistance for the Drift Protocol platform — the project received up to $150 million in the form of a credit line, grant, and loans, which will help compensate users for losses after a recent hacking incident.
This is reported by Finway
Venture Deals: Key Rounds and Directions
During the reporting week, 12 venture deals were made with significant investments in various segments of the crypto industry. Among the key ones:
- $17.6 million for JPYC — a company issuing a stablecoin pegged to the Japanese yen raised funds from institutional investors to expand its business and develop new solutions.
- $11 million for Valour — a provider of exchange-traded products on crypto assets received funding to support products quoted in Frankfurt and on the Swedish market.
- $10 million for BetHog — a crypto platform for sports betting raised funds to expand the capabilities of its own ecosystem, Sentient Studios.
- $8 million for Hata — a Malaysian digital asset exchange received investments to strengthen liquidity and develop new digital assets.
- $8 million for KAIO — a project focused on the tokenization of real assets raised investments from Tether, Laser Digital, and other strategic partners.
- $5 million for Cluster Protocol — investments are directed towards the development of a decentralized platform for creating artificial intelligence-based solutions.
- $4.72 million for BlockInvest — a platform for the tokenization of real assets received funds for integrating its solutions into banking processes.
- $3.5 million for RealGo — a team creating a Web3 game based on meme coins received support from leading market players.
- $2 million for ILITY Network — a blockchain project for data verification will use the capital to develop its core product.
- $1.09 million for Arkonix — the team focuses on infrastructure for yield management and vault strategies, not disclosing investors.
- $1.08 million for Hourglass — developers of a DeFi platform for trading locked assets raised funding for further development.
Some projects reported investments but did not disclose financial details. Among them is the DeFi protocol 3F, which received funding from GSR Investments, Maven 11 Capital, Susquehanna International Group, and others, as well as HQLAx, which raised funds for technology development and migration to the Canton network. TruScholar, operating in the field of digital certificates, also announced support from investors for scaling its platform.
Token Sales and Corporate Deals
No new token sales were recorded during the specified period. The Drift Protocol platform received financial assistance from Tether to compensate users after the hacker attack that occurred in early April.
In the mergers and acquisitions sector, DV8 acquired the custodial platform RakkaR Digital, which will allow DV8 to enter the market with institutional solutions for the storage of digital assets.
The week did not bring any deals in the categories of accelerators, grants, and DAO funding.
Investor Activity and Focus on DeFi
Throughout the week, the activity of venture investors remained relatively low. Only Animoca Brands participated in several deals, while other investors were involved in just one. The greatest interest was observed in the DeFi sector, as well as in CeFi, blockchain infrastructure, and GameFi projects.
“This week, the focus remained on the DeFi sector. Second place went to CeFi, with attention also paid to blockchain infrastructure, services, and GameFi projects.”
For comparison: last week, 19 deals were made with a total funding volume of $1.1 billion, including major acquisitions such as the purchase of Bitnomial for $550 million and a $200 million investment in Kraken.