Crypto VC Funding: Fnality secures $136m, Zerohash raises $104m

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Crypto startups secured close to $380 million across 17 deals in the week of Sept. 21–27, led by Fnality’s $136 million Series C and Zerohash’s $104 million Series D.

Strategic raises and early-stage funding rounds, compiled using Crypto Fundraising‘s database, are adding to the total despite broader market caution.

Summary

Crypto startups raised $378M this week across 17 deals despite market caution
Fnality led with $136M Series C; Zerohash followed with $104M Series D raise
RedotPay hit $47M strategic funding; multiple seed deals boosted the total

Here’s a detailed breakdown of this week’s crypto funding activity:

Fnality International

Raised $136 million in a Series C round
Fnality International is developing a regulated payment system
The investment was backed by Westpac, Bank of America, and Citi
The project has raised $344.2 million so far

We are proud to announce the successful close of our #SeriesC funding round, which marks a significant milestone in our mission to build a new global settlement network.

Read our official PR: https://t.co/fYJFnA6bxS pic.twitter.com/orYIHo6HY3

— Fnality (@fnality) September 23, 2025

Zerohash

Zerohash secured $104 million in a Series D round
The project is a full‑stack crypto‑service infrastructure provider
Investors include Fifth Third, Morgan Stanley, and SoFi

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RedotPay

RedotPay raised $47 million in a Strategic round with a fully diluted valuation of $1 billion
The investment was backed by Coinbase Ventures, Galaxy Digital, and Vertex Ventures
The project has raised $87 million so far

Bastion

Bagged $14.6 million in a Strategic round
Bastion is operating in analytics, asset management, data service, and stablecoin sectors
Investors include Coinbase Ventures, Sora Ventures, and Samsung Next
Bastion has raised $39.6 million so far

We’ve raised $14.6M, bringing Bastion’s total funding to $40M!

Led by @cbventures with @Sony_Innov_Fund, @SamsungNext, @a16zcrypto, and @Hashed_Official.

We’re building the regulated rails for enterprises to launch and scale stablecoins.

Read more in the link below ⬇️

— Bastion (@BastionPlatform) September 24, 2025

Raiku

Raiku raised $11.25 million in a Seed round
Backed by Pantera, Jump Capital, and Lightspeed Faction
Raiku is a coordination layer and infrastructure protocol built

Projects < $10 Million

BULK, $8 million in a Seed round
Cloudburst, $7 million in a Series A round
Divine, $6.6 million in a Seed round
Shield, $5 million in a Seed round
Akio, $5 million in a Seed round
Coop Records, $4.5 million in a Seed round
Falcon Finance, $4 million in a Public sale
USD AI (Permian Labs), $4 million in an unknown round
Stablecorp (QCAD), $3.6 million in a Strategic round
Melee, $3.5 million in a Pre-seed round
Hana Network, $3 million in a public sale with $400 million fully diluted valuation
Lab, $1.5 million in a Public sale

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