Between June 13 and June 20, 2026, the Incrypted editorial team tracked 17 investment deals. In 11 cases the companies disclosed the amounts — the total volume came to almost $283 million. Among the recorded deals are venture rounds, corporate investments and other formats of raising capital. The details are in the weekly digest.

Classic venture

During this period 10 projects received financing from venture investors for a total of about $149  million. In particular:

• $15 million (+$125 million) — Karta. The startup, which issues unsecured Visa credit cards for clients outside the US, raised funds in a Series A financing round led by Galaxy Ventures with the participation of Illuminate, Canary and Clocktower Ventures. Karta currently works with about 85 private banks and wealth-management companies, including Itaú, Raymond James and XP International US. The company will direct the funds received toward scaling its partner network and developing its product.

Separately, the company received a $125 million debt credit line from the investment company CIM, which specializes in credit financing.

• $50 million — Interchecks. The instant-payments platform for bookmakers, fintech companies and financial institutions received funds in a Series C financing round. Investing in the startup were: Bettor Capital, Commerce Ventures, Decades Holdings and Thayer Street Partners. Together with the round, the company announced the launch of the Account Funding Transactions (AFT) feature, which allows clients to fund accounts via debit cards in real time with multi-layered fraud protection — for scenarios such as transfers between accounts, neobank and non-brokerage operations, and the funding of crypto wallets.

• $32 million — Trace Finance. The company, which provides financial infrastructure for cross-border payments and settlements in stablecoins, raised financing in a Series A round led by CoinFund, with the participation of Coinbase Ventures, Haun Ventures, Jump Crypto, Valor Capital, Paxos, HOF Capital and others. The capital is being used to support Trace Finance's activities: building up transaction capacity and expanding the company's regulated infrastructure into additional fast-growing markets around the world.

• $18.50 million — EarnOS. The company received capital from 1kx, Coinbase Ventures, Circle Ventures, Social Graph Ventures and Verona. $6 million came in within a seed financing round, $12.5 million — as part of strategic investment. The project's team is developing an application that pays people real money for verified actions on the internet. The startup's crypto infrastructure is provided by partners: Turnkey — non-custodial wallets, Rain — card infrastructure for payouts.

• $9 million — El Dorado. The Latin American cross-border payments application raised funds in a Series A financing round led by Paradigm, with the participation of Coinbase Ventures and Verda Ventures. El Dorado also launched a business unit for corporate clients built on the Tempo L1 blockchain. The company will direct the funds received toward developing payment infrastructure for the Latin American cross-border transfers market.

• $8.3 million — Range. The platform, which brings together companies working with stablecoins and fiat currencies, raised funds in a Series A financing round. The company noted that it raised the funds during one of the most difficult periods for fundraising in the crypto industry. Investors: the traditional fintech funds TX Ventures and SixThirty, as well as the crypto-focused Maven 11 Capital and Onigiri Capital.

• $7 million — Receipts Depositary Corporation. The depositary, which has the ability to issue depositary receipts (DR) on digital and alternative assets, closed a financing round led by LiveOak Ventures with the participation of strategic investors Hivemind Capital, Onigiri Capital, OTC Markets Group, GTS and Redbeard Ventures. 

• $5 million — Power.Win. The licensed crypto-native platform for games and entertainment raised financing from Polychain Capital. Power.Win offers its own games, prediction markets, real-time poker and sports betting, as well as an ecosystem of more than 2,000 third-party games. The funds will go toward liquidity, developing the game library, scaling betting infrastructure and licensing in several jurisdictions.

• $2.5 million — CoraAi. The platform received funds within private and strategic financing rounds. CoraAi is developing Web3 infrastructure based on the mechanisms of token locking, liquidity locking, vesting and transparent on-chain verification. 

• $1.5 million — Renaiss. The project, which is developing infrastructure for tokenized real-world assets on BNB Chain, raised new capital. The financing round was led by the YZi Labs fund, with participation also from Gate Ventures, Hash Global, XIN Family, Redline Labs, as well as angel investors from Mask Network, Far East Group, Logoman, Hoopi and Legit App. Renaiss will direct the funds toward scaling its vault network, entering new categories of collectible assets, strengthening product and ecosystem integrations, improving capital efficiency and expanding its global presence.

Another five projects raised financing but did not disclose the amount of investment.

Flutterwave, a leading provider of payment infrastructure in Africa, received strategic investment from Ripple. The financing is part of a Series E round in which the company was valued at $3.2 billion. 

The IOTrader project raised financing in a pre-seed round with the participation of Dubai Block, The Crypto Launch and Erc20 Capital. 

The Xeffy startup received strategic investment and a grant from XPhere. 

The company Re announced that it had raised strategic investment from Coinbase Ventures, Coinbase's venture arm. 

Multipli received investment from Coinbase Ventures through the Base Ecosystem Fund — the terms of the deal are not disclosed. The investment follows Multipli's previous $20 million round led by Pantera Capital with the participation of Spartan Group and Sequoia.

Token sales

Activity in the sector this week was insignificant. Several ICOs (initial coin offerings) and IEOs (initial exchange offerings, in which the token sale is organized and controlled by a centralized crypto exchange) took place.

In particular, the Cineflicks, BitFi and CAP projects raised investment. 

In addition, up-to-date data on current and upcoming token sales is available in a special section of our website, where users can review information about active and planned token-sale campaigns. Apart from this, our team regularly updates the dedicated Telegram channel, promptly covering key events.

Corporate placements and deals

Institutional participants continue to raise financing, although activity has fallen sharply. Last week only one deal was recorded:

• $125 million — Karta. The project received a credit line from CIM. More about the startup — above in the material.

Acquisitions and mergers

Between June 13 and June 20, three company purchase and acquisition deals were recorded on the market.

The cryptocurrency data provider Blockworks acquired Messari, a company specializing in research and analytics of digital assets. According to WSJ, the deal amount exceeded $10 million — despite the fact that back in 2022 Messari was valued at about $300 million. The significant discount reflects both the difficult situation inside Messari itself and the general decline in valuations of crypto companies amid a protracted bear market.

Siiibo. Metaplanet concluded a share purchase agreement to acquire Siiibo Securities, turning it into its wholly owned subsidiary. The decision was made by the company's executive committee within the powers delegated by the board of directors. The deal was concluded with individual shareholders of Siiibo Securities. After completing the acquisition and carrying out all the necessary procedures, Metaplanet plans to rename Siiibo Securities as Metaplanet Securities.

In addition, the company Inveniam Capital Partners announced its intention to acquire MANTRA and related structures. The deal is intended to combine tokenized-asset infrastructure with private-markets data prepared for artificial-intelligence systems. After completion, the MANTRA Chain blockchain, the project's token and the entire ecosystem will continue to operate as usual, and the MANTRA community will be integrated into the broader Inveniam ecosystem. Inveniam plans to complete the acquisition by June 30, 2026.

Accelerators, grants and DAO financing

This week ecosystems and DAOs did not allocate funds to support projects.

Top investors

The most active investor of the week was the venture arm of the Coinbase exchange — Coinbase Ventures, which invested in four startups.

What is at the center of investors' attention?

During the analyzed period investors focused their main attention on DeFi and the development of blockchain infrastructure and services. 

Follow the materials on Incrypted to stay up to date on new investments in the development of the digital world.  

Source: Incrypted