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SpaceX Advances Employee Stock Option Vesting to April, Accelerating IPO Timeline

According to Bloomberg, SpaceX has accelerated its employee stock option vesting schedule to April (originally scheduled for May) to alleviate employees’ liquidity expectations ahead of its IPO. The company expects to file its public IPO application as early as May and aims to price the offering in mid-June, targeting a valuation exceeding $2 trillion—potentially making it one of the largest IPOs in history.

TeraWulf Completes Over $1 Billion Equity Offering to Fund Kentucky Data Center Construction

According to GlobeNewswire, Bitcoin mining company and HPC data center operator TeraWulf Inc. (NASDAQ: WULF) announced on April 16 the completion of a public offering of common stock, issuing 54.51 million shares at $19.00 per share, including the full exercise of the underwriters’ over-allotment option (an additional 7.11 million shares), raising approximately $1.036 billion in total. TeraWulf stated that the proceeds will be used for the construction of its Hawesville data center campus in Kentucky, repayment of the outstanding balance under its bridge credit facility, future site acquisitions, and general corporate purposes. Morgan Stanley served as the sole book-running manager, with BofA Securities, Citigroup, TD Cowen, and Wells Fargo Securities acting as joint book-running managers.

Citadel Securities President States: Company May Enter Prediction Markets, Focusing on Geopolitical Hedging Rather Than Sports Events

According to The Block, Jim Esposito, President of Citadel Securities, stated on Thursday at the Semafor World Economic Forum in Washington, D.C., that the firm is “fully capable” of providing liquidity to prediction markets—but explicitly expressed no interest in sports-event contracts. Instead, he emphasized the value of prediction markets for hedging geopolitical risks, citing the U.S. midterm elections this November as “one of the greatest risks facing investors’ portfolios.” Esposito noted that as platforms like Kalshi and Polymarket continue to grow rapidly, the prediction market is poised for sustained expansion—naturally drawing Citadel Securities into the space. Notably, Zhao Peng, CEO of Citadel Securities, participated last year in Kalshi’s $185 million funding round.

BlockInvest, a bond tokenization platform, has completed a €4 million strategic funding round, with UniCredit participating.

According to LedgerInsight, bond tokenization platform BlockInvest has announced the completion of a €4 million strategic funding round, with Italy’s UniCredit Bank participating and acquiring a 16% equity stake in the company. BlockInvest is set to assist UniCredit in issuing Italy’s first natively digital mini-bond, as well as the first blockchain-based tokenized structured note for wealth management clients, while building a solution that combines the programmability of digital ledgers with financial…

Live prediction market Pumpcade closes $5M seed round, with participation from Jump Crypto

According to official announcements, Pumpcade—a live-stream prediction market and meme coin issuance platform—has secured $5 million in seed funding. Investors include Jump Crypto and Foundation Capital. Pumpcade is a Solana-based platform for instant meme coin creation and trading, integrated into the Pump.fun chat system and enabling one-click prediction market creation during live streams. Earlier, on April 2, Pump.fun led a $1 million pre-seed round for Pumpcade.

KieDex, a cryptocurrency futures exchange, has raised $3.5 million in funding, led by Marqel Capital.

According to an official announcement, cryptocurrency futures exchange KieDex has raised $3.5 million in funding, led by Marqel Capital. The company stated that the funds will be used to build the KieDex platform and develop a next-generation cryptocurrency futures exchange focused on fast, secure, and incentive-driven trading experiences. Supporting partners include Hidden Street Capital, Caviar, CSP DAO, Solulu Club, Rocket, TPC, Devmons, and TATATU.

Digital asset financial services company Diginex announced the acquisition of AI company Resulticks at a transaction valuation of $1.5 billion.

According to GlobeNewswire, Diginex—a Nasdaq-listed digital asset financial services company—has announced that it has signed a definitive share purchase agreement to acquire Resulticks Global Companies Pte Limited, an artificial intelligence company, for a fully stock transaction valued at $1.5 billion. As disclosed, Resulticks is a provider of real-time AI-powered customer intelligence solutions, generating approximately $150 million in revenue in 2025. Diginex will leverage Resulticks’ AI data capabilities to expand its offerings in customer intelligence and enterprise-grade agent solutions. The acquisition is expected to close within 30 to 45 days, subject to the satisfaction of customary closing conditions.

Index contracts show strong 4-hour data, with Gate HK50 leading in position growth

Odaily News According to CoinGlass data, index-based contracts have been generally active over the past 4 hours. Among them, the HK50 contract on the Gate platform saw a position increase of up to 2647.1%, ranking first across the entire market.Gate pioneered the global index perpetual contract, using mainstream global indices and volatility indices as underlying assets, introducing market sentiment indicators into the crypto derivatives trading system. While maintaining the advantages of USDT settlement and 7×24 hour trading, it provides users with trading choices that are closer to the global macro market. Simultaneously, Gate has fully deployed a traditional finance trading zone covering stocks, metals, foreign exchange, indices, and commodities, continuously building a multi-asset contract system covering mainstream TradFi assets, and creating the industry's most comprehensive index and traditional financial asset contract trading zone.

Financial compliance startup Spektr closes $20 million Series A round led by NEA

According to Crunchbase, financial compliance startup Spektr has announced a $20 million Series A funding round, led by New Enterprise Associates, with participation from Northzone, Seedcamp, and PSV Tech. To date, the company has raised a total of $26 million. Spektr primarily provides AI Agent–based compliance services—including risk assessment and sanctions list monitoring—to cryptocurrency wallet service providers such as Phantom, as well as traditional financial institutions.

Allbirds’ Foray into AI Sparks Market Skepticism: Industry Experts Warn Investors of “AI Washing” Risks

According to MarketWatch, Allbirds—the “tech bro” sneaker brand—announced this week a $50 million convertible bond financing agreement to fund its AI transformation, triggering a sharp rise in its stock price. However, several industry insiders have issued warnings regarding this move: Matt Domo, CEO of FifthVantage, stated that Allbirds’ AI transformation appears more like a tactic to prop up its sluggish stock price. Investors should be wary of “AI washing”—a phenomenon where companies exaggerate or even fabricate their AI capabilities for marketing purposes. Moreover, it is not unprecedented for enterprises to pursue aggressive transformations to capitalize on trending technologies; from late 2017 to early 2018, numerous companies attempted to ride the blockchain wave. Jason Schloetzer, Associate Professor at Georgetown University’s McDonough School of Business, noted that this initial $50 million financing round “pales in comparison to the actual investment required to become such a service provider.” Yet, viewed more optimistically, the influx of numerous new entrants into the AI space may also reflect the market’s “enduring enthusiasm” for growth.

On-chain lending platform Votre closes $3.75M seed round led by a16z CSX

On-chain lending platform Votre has raised $3.75 million in seed funding, led by a16z Crypto Startup Accelerator, with participation from MaC Venture Capital, Druid Ventures, and angel investors from Goldman Sachs, Harvard University, and OrangeDAO. Founded in 2025, Votre operates a non-custodial crypto lending platform on Coinbase’s Base Layer 2 network, enabling users to borrow USD—settled the same day—using Bitcoin as collateral, with loan sizes ranging from approximately $25,000 to $5 million. The funds will be used to scale technical infrastructure, increase platform capacity, enhance liquidity management tools, and strengthen risk and compliance systems.

Solv Protocol Integrates Utexo to Launch Native Bitcoin Yield Solutions Based on RGB and the Lightning Network

According to GlobeNewswire, Solv Protocol announced a strategic integration with Utexo to launch a native Bitcoin yield solution built on the RGB protocol and the Lightning Network. This solution enables atomic swaps between native BTC and USDT—without wrapping, cross-chain bridges, or custodians. It emphasizes self-custody, privacy protection, and final settlement, aligning with Tether’s prior announcement of natively issuing USDT on an RGB-compatible Lightning Network. Additionally, Solv participated as a strategic angel investor in Utexo’s $7.5 million seed funding round, led by Tether.

Tether Participates in $134 Million Private Financing Round for SDEV to Increase Stake in SKY

According to The Block, Tether has confirmed its participation in the previously announced $134 million private financing round of publicly listed Stablecoin Development Corporation (SDEV). SDEV positions itself as a vehicle offering public-market investors exposure to the stablecoin sector, with core holdings including the Sky Protocol governance token SKY and the stablecoin USDS. As of March 31, SDEV held approximately 2.15 billion SKY tokens, representing roughly 9.15% of the total supply. This financing was completed in January and included the deposit of 943.6 million SKY tokens, along with $25 million in cash and $51 million in stablecoins, which were used to acquire an additional ~1.17 billion SKY tokens.

Morgan Stanley CFO: Tokenization to Become the Next Phase of Trillion-Dollar Wealth Management Business

Odaily News: Sharon Yeshaya, Chief Financial Officer of Morgan Stanley, stated that tokenization and on-chain finance will become key evolutionary directions for its wealth management business.The company envisions a "tokenized world," where client assets and liabilities can flow as efficiently as capital through blockchain infrastructure, thereby reshaping asset allocation, lending, and cash management methods.Unlike viewing crypto as an independent business, Morgan Stanley plans to embed on-chain capabilities into its core service system, including investment advisory, financing, and liquidity management, to drive an upgrade of the overall financial architecture.This strategy is being gradually implemented through initiatives such as the digital asset pilot with ZeroHash and products like Bitcoin ETFs. Although the crypto business currently accounts for a small portion of the overall system, its position within the future wealth management framework is rapidly rising.

Bitcoin Core Developer: Would Rather Freeze 5.6 Million BTC Than Let Them Fall into the Hands of Quantum Hackers

Odaily News Bitcoin Core developer Jameson Lopp stated that compared to potential future quantum computing attacks, he would prefer to "freeze" approximately 5.6 million long-dormant BTC from the network rather than letting them be acquired by attackers. These bitcoins have not moved for over 10 years and may be permanently lost, valued at around $420 billion at current prices. If future breakthroughs in quantum computing lead to the private keys of old addresses being cracked, these assets could be transferred again, potentially triggering severe market volatility or even a crisis of confidence. Although the community recently proposed BIP-361, the proposal is still in its early stages and is not a formally promoted solution, but rather more like a contingency plan for an "extreme risk." (CoinDesk)

AI Quantitative Platform AlphaNet Completes $10 Million Seed Round Funding, Led by Joffre Capital

Odaily News Institutional-grade quantitative AI trading platform AlphaNet announced the completion of a $10 million seed round funding. The round was led by private equity firm Joffre Capital, with participation from Huashan Capital and an Asian quantitative trading consortium. This funding will support its transition from an invitation-only whitelist model to a public platform launch. It is reported that AlphaNet was incubated by Asian proprietary trading firm Tensor Investment and is positioned as an institutional-grade "systematic alpha" trading platform, aiming to provide retail users with trading capabilities previously accessible only to institutions. (Decrypt)

Footwear Retailer Allbirds Raises $50 Million to Transform into AI Computing Company

Odaily News: Footwear retailer Allbirds has announced the sale of its sneaker business and a transformation into an AI computing infrastructure company named "NewBird AI." This news drove the company's stock price to surge by approximately 300% at one point.According to the announcement, Allbirds has agreed to sell its footwear brand to the American Exchange Group. The company will use a $50 million convertible note financing round to deploy GPU computing power and build AI infrastructure. This financing amount is roughly double the company's market capitalization of $22 million prior to the announcement.This move reflects the strong market demand for AI computing resources and the current supply shortage. Following Bitcoin mining companies pivoting to High-Performance Computing (HPC), small-cap companies are also beginning to attempt to enter the AI infrastructure sector. However, the convertible note financing may be converted into equity in the future, potentially creating dilution pressure for existing shareholders. (CoinDesk)

Footwear retailer Allbirds raises $50 million to transform into AI compute infrastructure, plans to rebrand as “NewBird AI”

According to CoinDesk, footwear retailer Allbirds raised $50 million through the issuance of convertible bonds and announced a full transition from its retail business to AI computing infrastructure, with plans to rename the company “NewBird AI.”

TeraWulf Plans to Raise $9 Billion to Expand AI Data Center

Odaily News TeraWulf announced the issuance of 47.4 million shares at $19 per share, raising approximately $9 billion to fund the construction of a large-scale data center campus in Hawesville, Kentucky, repay bridge financing, and support future expansion. Affected by the equity dilution from the financing, the company's stock price fell by about 5.8% during the trading session. The company also disclosed preliminary performance for the first quarter of 2026, expecting revenue to be between $30 million and $35 million, with approximately $3.1 billion in cash on hand and total debt of about $5.8 billion.TeraWulf's management pointed out that high-performance computing (HPC) hosting revenue now accounts for over half of its income, surpassing Bitcoin mining revenue for the first time, driving a shift in its revenue structure towards more stable, long-term cash flows. Analysts believe that while this financing round brings equity dilution, it helps support the expansion of AI infrastructure and enhances visibility for future growth. Overall, this move reflects the industry trend of mining companies accelerating their shift towards AI and high-performance computing to reduce reliance on Bitcoin price volatility and improve profitability stability. (CoinDesk)

Tokenization startup Brix closes $5.5M funding round, with participation from Circle Ventures and others

According to The Block, Brix—a startup focused on tokenizing emerging-market assets—has announced a $5.5 million funding round. Participants include Yapi Kredi’s venture capital arm, FRWRD, IS Asset Management, and crypto investment firms Circle Ventures, ConsenSys, and Borderless Capital. Brix plans to launch on the MegaETH network, aiming to bring traditionally institutional trading strategies—such as Turkish lira arbitrage—on-chain.