Crypto VC Funding: Fnality secures $136m, Zerohash raises $104m

Crypto startups secured close to $380 million across 17 deals in the week of Sept. 21–27, led by Fnality’s $136 million Series C and Zerohash’s $104 million Series D.

Strategic raises and early-stage funding rounds, compiled using Crypto Fundraising‘s database, are adding to the total despite broader market caution.

Summary
  • Crypto startups raised $378M this week across 17 deals despite market caution
  • Fnality led with $136M Series C; Zerohash followed with $104M Series D raise
  • RedotPay hit $47M strategic funding; multiple seed deals boosted the total

Here’s a detailed breakdown of this week’s crypto funding activity:

Fnality International

  • Raised $136 million in a Series C round
  • Fnality International is developing a regulated payment system
  • The investment was backed by Westpac, Bank of America, and Citi
  • The project has raised $344.2 million so far

We are proud to announce the successful close of our #SeriesC funding round, which marks a significant milestone in our mission to build a new global settlement network.

Read our official PR: https://t.co/fYJFnA6bxS pic.twitter.com/orYIHo6HY3

— Fnality (@fnality) September 23, 2025

Zerohash

  • Zerohash secured $104 million in a Series D round
  • The project is a full‑stack crypto‑service infrastructure provider
  • Investors include Fifth Third, Morgan Stanley, and SoFi
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RedotPay

  • RedotPay raised $47 million in a Strategic round with a fully diluted valuation of $1 billion
  • The investment was backed by Coinbase Ventures, Galaxy Digital, and Vertex Ventures
  • The project has raised $87 million so far

Bastion

  • Bagged $14.6 million in a Strategic round
  • Bastion is operating in analytics, asset management, data service, and stablecoin sectors
  • Investors include Coinbase Ventures, Sora Ventures, and Samsung Next
  • Bastion has raised $39.6 million so far

We’ve raised $14.6M, bringing Bastion’s total funding to $40M!

Led by @cbventures with @Sony_Innov_Fund, @SamsungNext, @a16zcrypto, and @Hashed_Official.

We’re building the regulated rails for enterprises to launch and scale stablecoins.

Read more in the link below ⬇️

— Bastion (@BastionPlatform) September 24, 2025

Raiku

  • Raiku raised $11.25 million in a Seed round
  • Backed by Pantera, Jump Capital, and Lightspeed Faction
  • Raiku is a coordination layer and infrastructure protocol built

Projects < $10 Million

  • BULK, $8 million in a Seed round
  • Cloudburst, $7 million in a Series A round
  • Divine, $6.6 million in a Seed round
  • Shield, $5 million in a Seed round
  • Akio, $5 million in a Seed round
  • Coop Records, $4.5 million in a Seed round
  • Falcon Finance, $4 million in a Public sale
  • USD AI (Permian Labs), $4 million in an unknown round
  • Stablecorp (QCAD), $3.6 million in a Strategic round
  • Melee, $3.5 million in a Pre-seed round
  • Hana Network, $3 million in a public sale with $400 million fully diluted valuation
  • Lab, $1.5 million in a Public sale
Read more: Shiba Inu price recovery in sight as burn rate rockets 7,200%

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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