Crypto VC Funding: Rain secures $250 million, BlackOpal bags $200 million

With $763.5 million in cryptocurrency funding spread across six projects, the first full week of 2026 got off to a great start thanks to Rain’s $250 million Series C round.

Summary
  • Rain led the week with a $250M Series C, valuing the stablecoin firm at $1.95B.
  • BlackOpal and Tres Finance together added $330M via funding and M&A activity.
  • Bitcoin infrastructure projects like Babylon and ZenChain also secured new capital.

According to Cryptofundraising data, the following summarizes this week’s cryptocurrency funding activity:

Rain

  • Raised $250 million in a Series C round
  • Fully diluted valuation of $1.95 billion
  • Rain is a blockchain-based card issuing and stablecoin platform
  • Investment was led by ICONIQ
  • Other investors include Sapphire Ventures, Dragonfly, Bessemer Venture Partners, Galaxy Ventures, FirstMark, Lightspeed, Norwest, and Endeavor Catalyst
  • Total funding exceeds $338 million
  • Comes four months after Series B and ten months after Series A
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BlackOpal

  • BlackOpal secured $200 million in an unknown round
  • The project is LATAM’s global payments finance platform
  • Investment was backed by Mars

As we kick off 2026, @blackopal_fi is emerging as LATAM's global payments finance platform, built with B2B integrated rails for the tokenized era.

Today, we're excited to announce the launch of GemStone, our flagship investment-grade product in tokenized Brazilian credit card… pic.twitter.com/cA6A4qbNKb

— BlackOpal (@blackopal_fi) January 8, 2026

Tres Finance

  • Acquired for $130 million through M&A
  • Tres Finance is a crypto accounting and taxation reporting platform
  • Acquired by Fireblocks
  • The project has raised $148.6 million so far

Huge announcement from the TRES team! Today, TRES has been acquired by @FireblocksHQ!

Together, we now complete the first complete operating system for digital assets.

TRES brings accounting, reporting, and controls to onchain activity – built for auditability, scale, and… pic.twitter.com/nMoGXq4XHM

— Tres.finance (@TresDotFinance) January 7, 2026

Babylon

  • Raised $15 million in an Unknown round
  • Backed by AI6Z
  • Babylon is a Bitcoin staking infrastructure project
  • The project has raised $103 million so far

HabitTrade

  • Secured $10 million in a Series A round
  • Investors include Newborn Town and StableStock
  • HabitTrade is a financial services platform

ZenChain

  • Raised $8.5 million in an unknown round
  • ZenChain is an EVM-compatible Bitcoin Layer 1
  • Backed by Watermelon, DWF Labs, and Genesis Capital
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Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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