Top Crypto Fundraising Last Week: OpenFX Leads With $94M
Crypto fundraising last week saw $219 million in disclosed capital across four deals, led by OpenFX’s $94 million Series A for cross-border stablecoin payments infrastructure.
Top Crypto Fundraising Last Week at a Glance
WHAT TO KNOW
- Four rounds totaling $219M in disclosed funding dominated last week’s crypto fundraising activity, spanning payments, lending, and real-world asset sectors.
- A fifth entry, The Better Money Company, appeared in the weekly ranking without a disclosed amount or sector classification.
OpenFX topped the list with $94 million in Series A funding, focused on payments and API infrastructure. Cross River and Midas tied for second at $50 million each, covering payments and lending for Cross River, and yield aggregation and RWA for Midas.
Valinor rounded out the disclosed raises at $25 million for its lending platform. The Better Money Company appeared as the fifth-ranked entry but without a confirmed funding amount or sector, limiting full ranking precision.
Deal Breakdown: OpenFX, Cross River, Midas, and Valinor
OpenFX’s $94 million round was the week’s largest by a wide margin. The company is building cross-border stablecoin payments infrastructure, positioning itself at the intersection of traditional FX rails and blockchain-based settlement. The raise suggests continued investor appetite for crypto-native payments plumbing, a sector that has also drawn attention from institutions exploring Bitcoin ETF products and broader digital asset access.
Cross River’s $50 million raise spans both payments and lending verticals. The dual focus mirrors a pattern where firms serving as banking-as-a-service providers increasingly integrate crypto-adjacent capabilities alongside traditional credit products.
Midas raised $50 million for its yield aggregator and RWA platform. The inclusion of a real-world asset protocol among the week’s top rounds reflects growing capital allocation toward tokenized yield strategies, a trend that has accelerated as traditional and digital asset markets continue to converge.
Valinor secured $25 million for lending. With both Cross River and Valinor operating in lending, two of the week’s four disclosed rounds targeted credit infrastructure, signaling that investor conviction in crypto-adjacent lending remains firm.
What This Funding Mix Signals for Crypto Readers
Payments appeared in two of the top raises, as did lending. RWA exposure surfaced through Midas. This one-week snapshot points to capital concentrating around infrastructure that bridges crypto and traditional finance, rather than speculative token projects.
The four disclosed rounds account for all confirmed weekly capital in this dataset. The incomplete data on The Better Money Company means the true weekly total may be higher, and the ranking order could shift if that amount is later disclosed.
These directional signals reflect one week of activity, not a long-cycle conclusion. Still, the concentration of capital in payments and lending infrastructure suggests that investors are prioritizing utility-layer projects, a theme worth watching as public market vehicles for crypto exposure also expand.
Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency and digital asset markets carry significant risk. Always do your own research before making decisions.
