Deribit is currently the largest cryptocurrency options exchange. Its Bitcoin options trading volume accounts for more than 80% of the total market trading volume, and the Ethereum options trading volume accounts for more than 90% of the total market trading volume. Like most cryptocurrency exchanges, Deribit trades 24x7. Despite the fact that Deribit accounts for the vast majority of Bitcoin options market trading volume, it is an unregulated exchange.
Deribit |
M&A
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$ 2.9 B
|
--
| May 08 | |
SharpLink Gaming operates as an affiliate marketing platform for sportsbooks and casino operators. It connects users with the betting industry, supporting Web3 principles of decentralized collaboration and data transparency.
SharpLink Gaming |
Private
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$ 425 M
|
--
| May 27 | |
World consists of a privacy-preserving digital identity network (World ID) built on proof of personhood and, where laws allow, a digital currency (WLD). Every human is eligible for a share of WLD simply for being human. World has built a device called the Orb, which captures an image of a person's eyes and converts it into a short numeric code, making it possible to check if the person has already signed up. If not, they will receive their free share of Worldcoin. The original image will not need to be stored or uploaded.
WorldcoinWLD |
OTC
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$ 135 M
|
--
| May 21 | |
Twenty One aims to be the most effective public vehicle for Bitcoin accumulation and monetization, with a mission to accelerate Bitcoin adoption and Bitcoin literacy, and a pursuit of strategies to develop a range of Bitcoin-related financial and advisory services. Twenty One has entered into a business merger listing agreement with Cantor Equity Partners, with Tether and Bitfinex holding a majority stake and SoftBank Group holding a minority stake
Twenty One |
--
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$ 100 M
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--
| May 29 | -- |
Conduit enables fintechs, neobanks, and challenger banks to quickly and easily go to market with crypto-based product offerings at a fraction of the cost of building in-house. Its customizable, plug-and-play API makes it possible to build a range of innovative and differentiated crypto-based products within days, beginning with high-yield savings accounts, bringing decentralized finance to the mainstream.
Conduit |
Series A
|
$ 36 M
|
--
| May 28 | |
Doppel is a real-time, cross-chain monitoring platform for detecting NFT fraud.
Doppel |
Series B
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$ 35 M
|
--
| May 02 | |
Sentora is a DeFi asset management service platform that integrates IntoTheBlock's institutional-grade DeFi analysis data and Trident's structured liquidity solutions. It will develop a unified interface to solve the fragmentation problem of multi-chain protocol interactions. The platform aims to introduce institutional investors into the on-chain world.
Sentora |
--
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$ 25 M
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--
| May 06 | |
Metaplanet Inc., a publicly traded company listed on the Tokyo Stock Exchange (3350), has embarked on a strategic transformation. By leveraging Bitcoin (BTC) as its principal treasury reserve asset, Metaplanet will utilize excess cash flow and implement accretive corporate governance, including financial management strategies such as debt and equity financing, to further its Bitcoin accumulation.
Metaplanet |
Debt Financing
|
$ 21.25 M
|
--
| May 09 | -- |
Catena Labs is a Web3 product development company incubating independent products spanning identity, communications, artificial intelligence, and commerce. Products currently launched include developer API and component suite DecentKit, decentralized social network Duffle, and custom AI agent solution Friday.
Catena Labs |
Seed
|
$ 18 M
|
--
| May 20 | |
Roxom is a Bitcoin-priced and denominated stock, commodities, and futures exchange. User can now view and trade global markets in Bitcoin terms.
Roxom |
--
|
$ 17.9 M
|
--
| May 22 | |
T-Rex is a blockchain built specifically for consumer applications. T-Rex solves Web3 traffic issues with its built-in distribution engine (its Chrome extension). From gas fees to consensus, each protocol decision is optimized for consumer use cases. T-Rex is developed by EVG, a developer and publisher of Web3 products.
T-REX |
--
|
$ 17 M
|
--
| May 08 | |
Headquarters(HQ.xyz) is the Finance Dashboard for Web3 teams, which helps Web3 teams be accountable by automating their financial activities and reporting.
Headquarters |
M&A
|
$ 14.95 M
|
--
| May 14 | |
The Blockchain Group is a European bitcoin finance company listed on the Euronext Paris Venture Exchange (ALTBG), which focuses on the development of data intelligence, artificial intelligence and decentralized technologies.
The Blockchain Group |
Debt Financing
|
€ 12.1 M
|
--
| May 12 | |
True Markets is a non-custodial, stablecoin-native exchange representing the next evolution in crypto markets dedicated to offering markets and liquidity as a service globally through reliable, innovative trading technology. True Markets features a proprietary matching engine to efficiently match trading orders, secure segregation between execution of trades and asset custody, while promising seamless completion of transactions using stablecoins. The default settlement currency on the exchange is PYUSD.
True Markets |
Series A
|
$ 11 M
|
--
| May 20 | |
Openverse Global is a Layer0 hub network based on blockchain technology. It is based on the existing blockchain technology and proposes the concept of "fully open protocol cross-chain". It will realize "the transmission of value (token/NFT/message) between different blockchains, metaverses and the traditional Internet is as simple as sending email". Openverse has proposed protocol systems such as the "Bitcurrency VRC10 Protocol", "Privcurrency VRC11 Protocol", and "Public Currency Issurance Mechanism, PCIM".
Openverse Global |
Strategic
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$ 11 M
|
--
| May 12 | |
The Blockchain Group is a European bitcoin finance company listed on the Euronext Paris Venture Exchange (ALTBG), which focuses on the development of data intelligence, artificial intelligence and decentralized technologies.
The Blockchain Group |
Financing after Listed
|
€ 9.9 M
|
--
| May 09 | |
Sonic is a layer-1 platform with a secure gateway to Ethereum and provides the fastest settlement layer for digital assets with over 10,000 TPS and has a one-second confirmation time for transactions.
SonicS |
OTC
|
$ 10 M
|
--
| May 08 | |
Perpl is Monad's native pricing engine. Purpose-built for peak efficiency and composability, Perpl offers an unparalleled trading experience on Monad's parallel EVM.
Perpl |
--
|
$ 9.25 M
|
--
| May 13 | |
Donut is the agentic crypto browser. Donut's users will gain access to an array of decentralized tools and crypto services under a single agentic interface, which could make digital asset transactions safer.
Donut |
Pre-Seed
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$ 7 M
|
--
| May 29 | |
Cooking.City is a Solana-based token fair launch platform designed to ensure that every participant has an equal opportunity to engage in the value creation process.
Cooking.City |
--
|
$ 7 M
|
--
| May 29 | |
Beam is a stablecoin Payment Service Provider (PSP), launched by Ansible Labs, which is dedicated to enabling faster, lower cost, and smarter global money flows.Beam empowers FinTechs, banks, and consumer platforms to enable compliant transfers between digital and fiat currencies through an efficient payment network.
Beam |
--
|
$ 7 M
|
--
| May 27 | |
Introduction: KYD Labs is a platform offering Web3-based ticketing solutions for live events, utilizing blockchain technology with smart contracts and possibly NFTs to provide ticketing solutions enhancing fan connections and revenue opportunities for event hosts.
KYD Labs |
Seed
|
$ 7 M
|
--
| May 14 | |
DogeOS is an application layer for Dogecoin that supports a variety of consumer applications from games to artificial intelligence, enhancing the Dogecoin ecosystem and its decentralized financial services.
DogeOS |
--
|
$ 6.9 M
|
$ 40 M
| May 06 | |
XP is a secondary ticketing trading platform that is fan-centric and provides transparent and fair market prices and ticketing technology.
XP |
Seed
|
$ 6.2 M
|
--
| May 15 | |
Turtle.Club is a Phantom Liquidity Protocol that operates without smart contracts. Turtle aims to align the incentives amongst key DeFi players, Liquidity Providers (LPs), Developers, Venture Capitalists, Security Auditors, and Miners.
Turtle Club |
Seed
|
$ 6.2 M
|
--
| May 12 | |
Hyperdrive (formerly Ambit Finance) is a new AMM for fixed and variable yield positions underpinned by a novel pricing mechanism. It enables terms on-demand and removes the need for liquidity providers to roll over their capital allocations. Additionally, its mechanism design enables a more efficient, symmetrical yield market and is open source for others to build on.
Hyperdrive |
Series A
|
$ 6 M
|
--
| May 24 | |
Nirvana Labs is a Web3 infrastructure solution for building, managing, and supporting any blockchain application. Nirvana Labs developed Nirvana Cloud to provide a foundation for an open, secure, and distributed internet.
Nirvana Labs |
Seed Plus
|
$ 6 M
|
--
| May 13 | |
VOYA Games is a Web3 game developer, and its Craft World is a casual resource management game where players will work with friendly dinosaurs to rebuild civilization after meteorites destroy humanity.
VOYA Games |
--
|
$ 5 M
|
--
| May 21 | |
XSY is building a Next Gen Digital Synthetic Dollar, $UTY, creating a structured, scalable way to unlock blockchain ecosystems dormant potential.
XSY |
Pre-A
|
$ 5 M
|
--
| May 15 | |
Rumi Labs is a Web3 platform that rewards users for watching media content. It uses AI to analyze content and create a decentralized watch-to-earn network, enabling users to earn rewards for viewing and contributing to a media knowledge base.
Rumi Labs |
Pre-Seed
|
$ 4.7 M
|
--
| May 29 | |