Categories: Crypto

Verb Technology leads with $558m



Crypto funding in the week of Aug. 3-9 pulled in $1.46 billion across 18 projects, with institutional heavyweights pouring record sums into blockchain, AI, and payments infrastructure.

Leading the pack, TON ecosystem player Verb Technology, while Ripple’s $200 million acquisition of Rail signaled a push to expand fiat–stablecoin payment rails.

AI-blockchain hybrids like Satsuma Technology and OpenMind also drew big checks, underscoring investor appetite for convergence plays in crypto infrastructure and next-gen applications.

Summary

  • TON ecosystem receives major institutional backing with Verb Technology’s $558M raise
  • M&A activity spikes as Ripple acquires Rail for $200M payment infrastructure expansion
  • AI-blockchain integration brought in notable funding

Here’s our analysis of this week’s numbers, courtesy of the Crypto Fundraising website:

Verb Technology (TON Strategy Co.)

  • Raised $558 million in an Unknown round
  • Verb Technology is a previously Ai-powered SaaS firm
  • Backed by Kingsway Capital, Blockchain.com, and SuperDAO

Satsuma Technology Plc (SATS.L)

  • Satsuma secured $217.6 million in an Unknown round
  • The project is a UK-listed AI infrastructure company
  • Investors include Haun Ventures, Pantera, and Blockchain.com
  • The firm has raised over $352.6 million so far

Rail

  • Raised $200 million through M&A
  • Rail is a fiat-stablecoin infrastructure platform
  • The investment was backed by Ripple
  • Payment infrastructure acquisition

https://twitter.com/RailFinancial/status/1953458340534890526?ref_src=twsrc%5Etfw” target=”_blank

Bit2Me

  • Bit2Me gathered $34.86 million in an Unknown round
  • The investment was backed by Tether
  • The project has raised $56.99 million so far

OpenMind

  • OpenMind raised $20 million in an Unknown round
  • The project focuses on AI, Identity, and Infrastructure
  • Investors include Pantera, Ribbit Capital, and HSG
  • Gained +11 new investors

MANTRA

  • MANTRA secured $20 million in an Unknown round
  • The funding was backed by Inveniam Capital
  • The project has raised $31 million so far

https://twitter.com/MANTRA_Chain/status/1952703576276680998?ref_src=twsrc%5Etfw” target=”_blank

Projects < $20 million

  • SuperGaming, $15 million in a Series B round
  • BOB (Build on Bitcoin), $9.5 million in a Strategic round
  • Perle Labs (ex Kiva AI), $9 million in a Seed round
  • Lightnet, $5 million in an Unknown round
  • Euphoria, $5 million in a Seed round
  • Espresso Systems, $4 million in a Public sale with $400 million fully diluted valuation
  • BlindPay, $3.3 million in a Seed round
  • Doppler Finance, $3 million in a Seed round
  • TheoriqAI (ChainML), $3 million in a Public sale with $75 million fully diluted valuation
  • AixBlock, $1.74 million in Grants funding
  • Hylo, $1.5 million in a Seed round
  • Kuvi AI, $700,000 in a Seed round



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Adam Forsyth

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