Polymarket topped Q3's funding rounds with $1B at a $21B valuation, led by 1789 Capital. Jeeves followed with $110M, then Circle and Kraken's parent Payward raised $100M each.
Polymarket: $1B at a $21B valuation, led by 1789 Capital
Jeeves: $110M Series C led by CoinFund, with a16z, Coinbase Ventures and YC
Circle: $100M PIPE from Binance, tied to a 5-year USDC distribution deal
Payward: $100M from Nasdaq at a $21B valuation
RQD Clearing: $74M led by Bain Capital, with ABN AMRO and Nyca
HIFI: $37M Series A led by Left Lane Capital
Latitude: $35M Series A led by Oak HC/FT, with NEA and Coinbase Ventures
Cari: $32.5M from seven US banks, including KeyBank, M&T and Huntington
OpenReserve: $25M seed led by a16z crypto, with Coinbase Ventures and Jump
Fin.com: $20M seed led by Expa
Limited: $18.5M seed led by Third Prime, with North Island Ventures and Collab+Currency
Hivemind Digital Group: $17M strategic round led by M&G Investments, with FalconX and ZA Bank
Stablecoins are the clear theme: Jeeves, HIFI, Latitude, Cari, OpenReserve, Fin.com and Limited all build banking or payment rails on stablecoins and tokenized deposits.
