The first week of February 2026 has been a blockbuster period for crypto fundraising, with 20 projects securing capital across strategic rounds, seed deals, M&A transactions, and venture series. The headline figure: over $450 million in disclosed funding flowed into the industry between February 2 and February 5 alone, signaling that institutional and strategic investors remain deeply committed to blockchain infrastructure, DeFi, compliance, and emerging Web3 verticals.
Below is a comprehensive breakdown of every deal, the key investors involved, and what these funding trends tell us about where crypto is headed in 2026.
The Biggest Deals of the Week
Three deals dominated this week’s fundraising activity, each exceeding the $70 million mark.
Gold.com topped the charts with a massive $150 million strategic round closed on February 5, backed by Tether. This deal underscores Tether’s aggressive expansion beyond stablecoins and into gold-backed digital assets and commodity tokenization. Gold.com’s raise is the single largest disclosed deal of the week and one of the biggest strategic investments in the crypto space so far in 2026.
Anchorage Digital secured $100 million in strategic funding, also backed by Tether, on February 4. Anchorage, a federally chartered digital asset bank, continues to attract major capital as institutional custody and regulated crypto banking become increasingly important. Tether’s involvement in both Gold.com and Anchorage signals its strategy to back critical infrastructure across the digital asset ecosystem.
TRM Labs raised $70 million in a Series C round on February 3, achieving a $1 billion valuation making it the only confirmed unicorn minting of the week. The round was led by Blockchain Capital and Goldman Sachs, highlighting Wall Street’s growing appetite for blockchain analytics and compliance tooling. TRM Labs is a leader in on-chain intelligence, helping financial institutions and governments detect illicit crypto activity.

Strategic Rounds Signal Institutional Confidence
Strategic investments accounted for a significant share of the week’s activity, with four major strategic rounds disclosed.
| Project | Amount | Investors | Date |
|---|---|---|---|
| Gold.com | $150M | Tether | Feb 05 |
| Anchorage | $100M | Tether | Feb 04 |
| Jupiter (JUP) | $35M | ParaFi Capital | Feb 02 |
| Bluff | $21M | 1kx, Makers Fund | Feb 02 |
| t-0 Network | Undisclosed | Tether | Feb 05 |
Jupiter, the leading Solana-based DEX aggregator, raised $35 million in a strategic round from ParaFi Capital on February 2. This investment reflects continued institutional belief in DeFi infrastructure on Solana.
Bluff pulled in $21 million from 1kx and Makers Fund, also on February 2. Meanwhile, t-0 Network closed an undisclosed strategic deal backed by Tether on February 5. Tether alone was involved in three strategic deals this week Gold.com, Anchorage, and t-0 Network making it the most active investor of the period.
Venture Rounds: Series B and Series C Activity
Traditional venture rounds remained strong, with two significant raises.
Relay closed a $17 million Series B on February 4, led by Archetype and USV (Union Square Ventures). Relay is building next-generation payment and transaction infrastructure, and attracting two of crypto’s most respected venture firms indicates strong product-market fit.
TRM Labs’ $70 million Series C, mentioned above, stands as the week’s largest venture round and a landmark moment for the compliance sector within crypto.
Early-Stage Deals: Seed and Pre-Series A
Several projects in earlier stages also secured meaningful capital this week.
Opinion Labs (OPN) raised $20 million in a Pre-Series A on February 4, backed by Hack VC and three additional investors. This is a notable raise for a pre-Series A stage and points to strong conviction in Opinion Labs’ approach.
Ruvo Raises $4.6M seed round on February 5, backed by 1confirmation and Coinbase Ventures. The involvement of Coinbase Ventures one of the most prolific crypto investors adds credibility to Ruvo’s early-stage trajectory.
Penguin Securities completed a Pre-A round of ¥2.8 billion on February 4, backed by Japanese investors including mi mint Tokyo and the Tokyo University of Science Investment Management Company. This deal highlights the growing role of Japanese institutional capital in the crypto ecosystem.
M&A Activity Heats Up
Mergers and acquisitions were a notable theme this week, with four M&A transactions recorded.
| Project | Acquirer/Investor | Date |
|---|---|---|
| Vyper | Pump.Fun | Feb 05 |
| Bitte | Amadeus Protocol ($1.7M) | Feb 03 |
| Chorus One | Bitwise | Feb 02 |
| Tokens.com | Bed Bath & Beyond | Feb 02 |
Pump.Fun’s acquisition of Vyper on February 5 is especially noteworthy, as Pump.Fun the viral Solana-based memecoin launchpad expands its product suite through strategic acquisitions. Bitwise, a major crypto asset manager, acquired Chorus One, a prominent staking infrastructure provider, on February 2, reflecting the consolidation trend in staking and validator services.
Bitte was acquired by Amadeus Protocol for $1.7 million on February 3, while Tokens.com was picked up by Bed Bath & Beyond on February 2 in an unconventional cross-sector deal.
Other Notable Raises
Several additional projects rounded out the week’s activity.
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Prometheum raised $23 million on February 2, though investor details were not disclosed.
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Kairos secured $2.5 million from Andreessen Horowitz (a16z) and GT Geneva Trading on February 2. A16z’s involvement, even in a smaller deal, adds significant signal value.
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Plutus (PLU) raised $2.3 million on February 4 with undisclosed investors.
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OpenMind (ROBO) closed a $2 million round at a $400 million valuation in February 2026.
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Huddle01 and Derive (DRV) both announced deals on February 2, backed by Tandem and Variant Fund respectively, though funding amounts were not disclosed.
Key Takeaways From This Week’s Data
Tether is the week’s dominant force. With strategic investments in Gold.com ($150M), Anchorage ($100M), and t-0 Network, Tether deployed or backed over $250 million across three deals, establishing itself as the most aggressive strategic investor in early February 2026.
Compliance and infrastructure attract the biggest checks. TRM Labs ($70M, $1B valuation) and Anchorage ($100M) both sit at the intersection of regulation and crypto a clear signal that investors are betting heavily on projects that bridge traditional finance and blockchain.
M&A is accelerating. Four acquisition deals in a single week suggest that larger crypto-native companies like Pump.Fun and Bitwise are actively consolidating smaller players to expand capabilities.
Early-stage funding remains healthy. Seed and pre-series deals from Ruvo, Opinion Labs, and Penguin Securities show that capital is still flowing to new entrants, with top-tier investors like Coinbase Ventures, Hack VC, and a16z backing fresh projects.
The first week of February 2026 paints a picture of a maturing industry where strategic capital, venture funding, and M&A activity are all firing simultaneously driven by institutional players who see lasting value in blockchain infrastructure, compliance tooling, and DeFi.








