Circle led the week’s funding surge with two significant rounds closed on August 14th. The company raised $260 million in post-IPO equity and an additional $1.04 billion through a post-IPO secondary offering. The lead investors in both transactions remain undisclosed.
Transak, a U.S. crypto payments infrastructure startup, announced a $16 million venture round on August 12th, backed by IDG Capital and Tether, highlighting continued strategic interest in crypto-fiat onramps.
In the U.K., Riva Money, an early-stage fintech platform, secured $3 million in pre-seed funding from Project A Ventures on August 12th, marking one of the region’s notable early-stage investments this week.
Meanwhile, WisdomTree, a U.S.-based asset management firm known for its digital asset initiatives, closed a $475 million post-IPO debt round on August 12th, further fueling its expansion into blockchain-based financial products.
From Southeast Asia, Lightnet, a Thai blockchain-based remittance network, raised $5 million in a corporate round led by Yisou Technology on August 11th, underlining the region’s ongoing innovation in cross-border payment infrastructure.
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