Weekly Crypto Funding Snapshot
Between Aug. 31 and Sep. 5, 2026, crypto and blockchain companies disclosed $292.35 million in financing across 10 funding deals. The week was led by Félix’s $200 million financing package and Cari’s $32.5 million raise, with investors concentrating most capital in stablecoin payments, remittances, and tokenized banking infrastructure.
- Payments and banking infrastructure accounted for $270.5 million — nearly 93% of all disclosed financing.
- Data came from DeFiLlama’s crypto raises, CryptoRank, and company announcements.
- The total excludes acquisitions and unconfirmed reports, including Polymarket’s reported $1 billion round.
Because the weekly total includes Félix’s $113 million credit facility, it represents disclosed financing rather than pure venture capital.
Félix Lands $200M for Stablecoin Remittances
Miami-based Félix announced $200 million in Series C financing to expand its WhatsApp-based financial platform for Latino customers in the United States. The package combines an $87 million equity investment led by Andreessen Horowitz and a separate $113 million credit facility from General Catalyst’s Customer Value Fund.
QED Investors, Castle Island Ventures, Switch Ventures, Contour Venture Partners, and Endeavor Catalyst also participated in the equity portion. Félix plans to expand beyond remittances into savings, lending, and AI-supported financial services.
The company uses USDC on Stellar to help settle cross-border transfers and works with Bitso to move funds between digital assets and local currencies. Félix said it has processed more than $8 billion in transactions across 11 Latin American markets and served more than six million people. The financing brought its total capital raised to nearly $300 million. Félix did not disclose its latest valuation, although it said the figure had tripled since its $75 million Series B in 2025.
Cari Raises $32.5 Million From U.S. Banks
Washington, D.C.-based Cari raised $32.5 million in the first tranche of its initial external funding round. All of the capital came from banking institutions: First Horizon Bank, Huntington Bank, KeyBank, M&T Bank, Old National Bank, SouthState Bank, and Glacier Bank.
Cari is developing a bank-governed network that allows chartered institutions to issue and transfer tokenized commercial bank deposits. Its permissioned Layer 2 network is anchored to Ethereum, while participating banks remain responsible for issuing and managing their own deposits. The company said the funds will support product development, bank onboarding, and network integration. Cari has signed 30 banks and is holding discussions with another 40 institutions.
Unlike stablecoins backed by separate reserve assets, tokenized deposits represent liabilities of the banks that issue them. Cari’s structure is designed to let regional and community banks use programmable payment rails without handing control of deposits to nonbank issuers.
Other Notable Funding Rounds
OpenReserve Announces $25M Seed
OpenReserve announced a $25 million seed round led by a16z crypto as it works to establish a full-service U.S. national bank built around continuous settlement. Jump Crypto, Acrew Capital, Coinbase Ventures, Wintermute Ventures, Clocktower Technology Ventures, Quona Capital, AAF Management, and Zero Knowledge participated.
The announcement followed preliminary conditional approval from the Office of the Comptroller of the Currency. OpenReserve must still raise at least $210 million in initial paid-in capital, secure Federal Deposit Insurance Corporation coverage, and meet the OCC’s preopening requirements before beginning banking operations. The proposed Utah-based bank plans to offer deposits, lending, digital asset custody, tokenized deposits, and stablecoin payment services. OpenReserve said its infrastructure would support settlement outside the operating hours of conventional U.S. payment systems.
Diameter Pay Adds $10M for Stablecoin Payments
Jersey City-based Diameter Pay raised $10 million in a Series A co-led by CMT Digital and Lightspeed Faction. SixThirty Ventures, the Stellar Development Foundation, Onigiri Capital, Tech Council Ventures, and BitRock Capital also joined the equity round.
Diameter provides financial institutions with U.S. dollar virtual accounts, domestic and international payment rails, stablecoin access, and compliance tools through an application programming interface. The company said it processed more than $10 billion in payments during 2026 before announcing the financing. The funds will support additional banking connections, stablecoin settlement services, foreign exchange products, and compliance infrastructure.
Mid-Size and Smaller Deals
Projects Raising Between $3M and $8M
- Firelight raised an undisclosed amount in a round led by gumi Cryptos Capital, with Maven 11, Metalayer Ventures, Joint Effects, and Tribe Capital participating. The protocol uses staked digital assets to provide cover against smart contract exploits and other DeFi risks.
- MemeBitcoin secured financing from Gemhead Capital, Archer Capital, M2M Capital, and Mayer Venture. The Bitcoin-based project said it would use the funds for its public launch, community campaign, and preparations for centralized exchange listings.
- GAEA raised from MH Venture, CGV FOF, K24 Ventures, and M2M Capital. The decentralized AI project plans to develop infrastructure connecting users, data, computing resources, and AI agents.
- Plenti, a Colombian fintech, raised from Tether, with participation from Verda Ventures. Plenti plans to strengthen its Colombian business and expand its multicurrency accounts and investment platform into Peru and Bolivia.
Funding Rounds Below $3M
- ParlayX, a prediction market infrastructure company, raised in a pre-seed round led by Dreamcraft Ventures. The platform is building collaborative trading, key management, reporting, and order execution tools for institutional prediction-market participants.
- Polaris, an Ethereum-based DeFi protocol, raised from contributors associated with the Ethereum Foundation, Fusion, Altitude, Liquity, and LI.FI. Polaris is developing pETH, a yield-bearing collateral asset designed to support decentralized stablecoins, synthetic assets, and tokenized commodities.
The weekly disclosure total reflects all publicly announced financing captured by the listed data sources, while excluding acquisitions and unconfirmed reports.
