ventures

BitBT Ventures posted on platform X that it has provided $5 million in early financing to the social finance platform KIVO. KIVO is building a social finance ecosystem that connects social, trading, payment, digital assets, and emerging financial products through a single consumer-grade application.BitBT Ventures stated that it supports KIVO in building a social layer and a full-stack SocialFi infrastructure for the next generation of users. The related content was published by its social media account and mentioned KIVO account KivoSocialLayer.

According to Bitcoin.com, U.S. Federal Judge Jennifer L. Rochon dismissed the class action lawsuit against the organizers of the LIBRA project, Kelsier Ventures, the DeFi protocol Meteora, and related individuals, while also denying the plaintiffs' request to amend the complaint again.

According to market news, venture capital giant DIG Ventures announced the completion of a $120 million fundraising for its third fund. This fund has received support from institutions such as Horsley Bridge, Sofina, Granite, and a donation fund from a top university in the United States, and will invest in AI-native enterprise software and cloud infrastructure startups at the Pre-seed and seed stages.Investment directions include infrastructure areas such as data, identity verification, compliance, and orchestration that support the development of AI-native enterprise software. The fund plans to lead the majority of investment rounds and has already begun deploying capital.

The founder of the venture capital firm Theory Ventures, Tomasz Tunguz, stated that the fastest-growing market globally is not AI, but the crypto market formed by real-world assets (RWA) on the blockchain. He noted that RWA enables stocks and commodities like oil and copper to be traded on-chain, taking on almost all public price discovery during commodity exchange closures.Tunguz mentioned that RWA, through perpetual contracts for stocks, provides pre-IPO pricing for Anthropic, OpenAI, SpaceX, and Cerebras, and brings international access channels. He cited data indicating that the perpetual price of Cerebras before its IPO differed from the Nasdaq opening price by less than 1.3%, with SpaceX having a perpetual open interest of approximately $215 million and a cumulative trading volume of about $2.2 billion before its IPO. A report from Pantera Capital in September 2026 showed that the trading volume of perpetual contracts for stocks on Hyperliquid and Lighter reached $67.8 billion in June, which is 16 times that of tokenized stock spot trading.He also stated that stablecoins have become one of the top ten buyers of U.S. Treasury bonds, surpassing China, Norway, and Switzerland, and are used to settle transactions of the aforementioned tokenized assets. Institutions such as JPMorgan, HSBC, BlackRock, Citigroup, Goldman Sachs, Franklin Templeton, Robinhood, and Stripe are advancing RWA.

According to official social media news, Huobi HTX's global investment department HTX Ventures will appear at the world's top cryptocurrency summit TOKEN2049 at booth PB5-47&48 from October 7 to 8.In addition, from October 6 to 8, HTX DAO will host several private, invitation-only peripheral events such as Future Night, HTX DAO Friends Reunion, and VIP Private Dinner, allowing for close dialogue with community members and builders in the cryptocurrency industry, injecting new vitality into the healthy development of the HTX DAO ecosystem.

According to CNBC, cryptocurrency trading company Raven has completed a new round of financing with a valuation of 90 million, with participation from Coinbase Ventures and CMCC Global.Raven co-founder Petar Kostov stated that Raven was established in 2023 to provide liquidity for cryptocurrency trading and has expanded into prediction markets since the second quarter of 2025.

Recently, the socialized Meme trading platform Baola, strategically invested by Gate Ventures, has entered the product internal testing phase. Baola is positioned as a socialized trading platform aimed at the Meme market, exploring the combination of social content and Meme trading around aspects such as hot topic discovery, market information tracking, community interaction, and trading participation.According to the official introduction, Baola's brand proposition is "Your next Meme is on Baola," aggregating information such as popular calls, KOL dynamics, on-chain trading data, and community interactions. Users can view Caller, the number of token mentions, market capitalization at the time of the call, and subsequent peak performance, and discover active market participants through features like KOL rankings and Callout boards, gaining insights into market hotspots and participant performance from multiple dimensions.In terms of community interaction, Baola supports users in independently publishing calls and market opinions, and allows them to continuously follow interested Callers through Follow. The platform also combines KOL public calls with on-chain trading dynamics, providing information on historical calls, recent performance, and buying and selling behaviors, further linking opinion sharing, hot topic discovery, and trading participation. Currently, Baola has entered the product internal testing phase and is continuously improving the socialized trading experience in the Meme field. Users can visit the official website (https://bao.la/) for more details.

Cointelegraph cites a report from DWF Ventures stating that among the 20 largest crypto treasury companies, only 4 have trading prices higher than the value of their holdings.The report points out that this situation undermines the model these companies previously used for financing and continuing to buy crypto assets. Crypto treasury companies typically raise funds through methods such as issuing stocks, and then use the funds to increase their holdings of crypto assets like Bitcoin. The relationship between their stock prices and net asset value is a key indicator of whether this model can be sustained.

Cosmos Ventures, a venture capital firm, has announced its establishment. Brendan McCord and Matt Mandel launched Fund I with a scale of $77.6 million, which will support philosopher-type builders who establish institutions for the AI era. McCord is the founder of Cosmos Institute and Cosmos Ventures, while Mandel comes from Union Square Ventures. The fund has invested in AIUC, Prime Intellect, Workshop Labs (which has been acquired by Thinking Machines), and an undisclosed education company. LPs include Reid Hoffman, Joe Liemandt, Stand Together, Fred Wilson, Micky Malka, and Astera Institute.Cosmos Ventures stated that AI represents the largest institutional building window since the founding of the United States. The world has previously developed around the assumption of intelligence being bound to humanity, and AI is breaking this binding, with many necessary institutions yet to be established. Institutional coding theorizes how to live together, and founders must answer normative questions that machines cannot answer and become philosopher-type builders. The institution proposes the slogan for the AI era, "Condere aude," which means dare to create.

Chris Ahn, a partner at Haun Ventures, stated that the insurance industry is massive, with global premiums accounting for about 7% of the world's GDP, which is approximately $7.8 trillion annually, exceeding Germany's GDP. Insurance covers nearly all households and businesses, but mature economies have seen almost no new giants emerge for decades, as larger balance sheets are better able to absorb losses.Ahn noted that three major transformations are opening up opportunities: AI agents can reduce underwriting and claims processing from days to hours, lowering expense ratios and enabling quicker quotes; stablecoins can fill the gap in life insurance and annuities in emerging markets, with a supply of about $300 billion, approximately two-thirds of which is held by individuals in emerging markets.

According to EU-Startups, Berlin-based AI service company Integral announced the completion of a €18 million Series A funding round, co-led by Mosaic Ventures and Reid Hoffman, with follow-on investments from Cherry Ventures, General Catalyst, and Puzzle Ventures. Since its establishment in 2024, the company has raised over €30 million in total funding.Integral focuses on providing AI-driven accounting, tax, and payroll services for small and medium-sized enterprises. It uses AI agents to handle tasks such as invoice reconciliation, bookkeeping, payroll calculation, and tax filing, with each document reviewed and signed by licensed professionals. Currently, over 50% of clients have achieved full automation of their accounting processes, reducing the monthly accounting cycle from several weeks to just a few hours.

According to CoinDesk, stablecoin payment startup Velocity announced that it has completed a total of $48 million in Series A funding, with a valuation of $200 million. This round includes an additional $10 million investment from Visa Ventures, Circle Ventures, Haun Ventures, Ripple, Translink Capital, and Mirana Ventures. Previously, the company completed $38 million in Series A funding in July.Velocity is headquartered in London, and its platform aims to help payment companies and banks use stablecoins for settlement, liquidity, and fund management without replacing existing systems. CEO Eric Queathem, who previously worked at Worldpay, which handled over $2 trillion in payment volume annually, believes that for the past 15 years, capital has been concentrated on improving the consumer front-end experience, while the back-end settlement layer has been neglected.Visa's involvement is particularly noteworthy, as Velocity does not believe that stablecoins will replace bank cards, but rather expects blockchain digital assets to take on more funding and settlement functions beneath the existing payment experience. Queathem anticipates that in the next five years, global enterprises will hold on-chain assets, and the partial on-chain funding of enterprises will create a greater infrastructure demand than merely stablecoin deposits and withdrawals.

Stablecoin company Fin.com announced the completion of a $20 million seed round financing, led by Expa and Uber co-founder Garrett Camp, with participation from Coinbase Ventures, Tenet Fund, Figure founder, Mesh founder Bam Azizi, Second Sight Ventures, and Gulf and African sovereign and royal family offices.Fin.com was co-founded by Bangladeshi founder Nabeel Alamgir and Pakistani founder Mustafa Dar, dedicated to solving the "last mile" problem of stablecoin conversion to local bank accounts or digital wallets, providing white-label payment infrastructure to financial service companies, consumer platforms, and prediction markets. Its client platforms collectively serve over 800 million users. The company focuses on markets in South Asia, Africa, and the Middle East, with offices currently in New York, Las Vegas, Dubai, Dhaka, Bangalore, and Lahore.

According to Business Insider, Discovery Loop, an AI startup founded by former Google Chief Scientist Jeff Dean after his departure, is undergoing a new round of financing with a target valuation of approximately $50 billion. Just weeks ago, the company completed a financing round of $1 billion at a valuation of about $10 billion.Discovery Loop is dedicated to automating experiments through AI, accelerating major discoveries in the fields of science and engineering. The first round of financing was led by Radical Ventures and Khosla Ventures, with participation from Lightspeed, Kleiner Perkins, and others. Alphabet was also a founding investor. The company's co-founder team consists of Google technology veterans, including Sanjay Ghemawat, Quoc Le, and Oriol Vinyals, who each have deep expertise in distributed computing, deep learning, and reinforcement learning, respectively.

According to official news, the AGENT economic project Agentum has completed a $7 million financing round, with participation from MEXC Ventures, BingX Labs, Arca, Wave Digital Assets, BlockTower Capital, Echo3 Labs, Greenwood Global Capital, UZ Capital, and Vega Ventures.The funds from this round will mainly be used to accelerate the construction of the trust and settlement layer for the autonomous Agent economy, with Agentum deployed on the BNB Chain. The BSC testnet has registered 399 Agents, completed 218 transactions, and achieved a GMV of over 2.44 million MockUSDT.

London-based AI precision machining software startup CloudNC announced the completion of a €17.2 million (approximately $20 million) funding round, led by the American venture capital firm Nimble Ventures, with participation from Calculus Venture Capital, Entrepreneur First, and Lockheed Martin's venture capital fund LM Ventures.

The prediction market team trading platform ParlayX announced the completion of a $1.25 million Pre-Seed round of financing, led by Dreamcraft Ventures.ParlayX stated that the prediction market is designed for single-person, single-account trading, and the platform aims to enable teams to trade in prediction markets together.

According to YNetNews, the first Israeli star to enter the NBA, Omri Casspi, announced that his venture capital firm Swish Ventures has completed a $250 million fundraising for its third fund, increasing the firm's assets under management to approximately $800 million.The new fund is expected to invest in about 12 startups, with an average single investment of around $20 million, focusing on areas such as cybersecurity, artificial intelligence, and infrastructure, primarily targeting seed and Series A financing. Swish Ventures has currently invested in 20 companies, including Cognition AI, Applied Compute, EON, Wonderful, Upwind, etc., of which 8 have reached unicorn valuations, with a total valuation of its portfolio companies exceeding $60 billion.

Nomura Securities' digital asset subsidiary Laser Digital announced a partnership with Keyring Network to serve as the risk governance entity for the institutional lending market, with the first market set to launch on Euler Finance. The parties did not disclose committed capital, fee terms, or launch dates.According to the cooperation framework, Keyring provides infrastructure and tools, including access verification, quantitative risk parameter setting, and clearing framework design; Laser Digital's asset management department contributes governance standards, portfolio structure, and market practices. Both parties pointed out that institutional participation in DeFi lending faces four major obstacles: licensing, vulnerability risks, governance, and settlement. The solution combines zero-knowledge licensing, quantitative risk modeling, network insurance, and Keyring's settlement technology.According to DefiLlama data, Euler has a total value locked of $368.8 million across 17 chains, with outstanding loans of $555.4 million. Laser Digital previously supported ZIGChain's emerging market private credit in August, while Keyring introduced a zero-knowledge identity layer for the DeFi vault on Avalanche in August 2025. Nomura established Laser Digital in 2022, with operational headquarters in Dubai and Switzerland.