
Crypto Firms Secure Millions in Funding Rounds

Lim Qiaoyun
Veda, The Global Token Exchange (GTE), and Concrete Protocol have all recently raised major rounds. These crypto companies really know how to PUMP UP the industry! These investments are a testament to the consistent demand and rapid progress made in the cryptocurrency and blockchain space.
Veda raised $18 million in an undisclosed Series B round. The Global Token Exchange (GTE) has completed a $15 million Series A round. Blueprint Finance—also called Concrete Protocol—raised $9.5 million in a series unknown.
Spekter Games raised $5 million in a pre-seed round and dKloud pulled in $3.15 million in a round undisclosed. Though very close in size, Inference Labs’ $3 million and Makina’s $3 million was achieved through different means, as Makina’s funding was a strategic round. Sphinx Protocol has previously completed a $2 million pre-seed round. Byzantlink raised $1M via a private round, while Twyne just closed a pre-seed round, raising $450K.
Future contracts for climate-related action Kalshi recently raised $185 million in a Series C round. Bit Digital secured $150 million. Zama now has $130 million in cash on hand, thanks to $57 million from a Series B investment.
Kalshi’s newly announced Series C round gives it $215.15 million in total funding. The company recently achieved a fully diluted valuation of $2 billion.