The week of March 30–April 05, 2026, reflected a healthy but selective Web3 fundraising environment, with 18 rounds spanning seed, Series A, strategic, PIPE, and flexible “Undisclosed” stages. Disclosed rounds alone totaled $264.31M, with capital concentrated in a handful of large infrastructure and trading-focused deals, while a tail of seed and strategic rounds signaled continued experimentation at the edges.
Weekly Fundraising Snapshot
- Total deals: 18.
- Disclosed deals: 13 (with stated raise amounts).
- Total disclosed capital raised: $264.31M.
- Largest round: OpenFX – $94M Series A (Mar 31).
- Second-largest rounds: Midas – $50M Series A; Cross River – $50M Undisclosed stage.
- Largest early-stage round: Valinor – $25M Seed.
Disclosed deal sizes skewed heavily toward a small number of large tickets, with OpenFX alone contributing more than a third of the total volume. At the same time, a steady flow of seed, pre-seed, and strategic rounds highlighted ongoing support for early-stage innovation across payments, gaming, infrastructure, and experimental consumer products, as seen in recent Web3 fundraising updates.
Web3 deals by stage (Mar 30–Apr 5, 2026)
Deal count by stage
- Seed: Pixie Chess, Kulipa, Latitude, OmenX, Valinor.
- Series A: OpenFX, Midas.
- PIPE: Capital B (Prev. The Blockchain Group).
- Strategic: Diamante, ARO Network, predict.fun.
- Undisclosed stage: Cross River, The Better Money Company, Uniblock, Utexo, 2U2ai, OP NET-style equivalents (here represented by flexible stage labels).
- Series C: Keyrock (undisclosed amount).
Disclosed funding by stage (approximate):
- Series A: $144.00M (OpenFX – $94M; Midas – $50M).
- Undisclosed-stage (with amounts): $65.20M (Cross River – $50M; The Better Money Company – $10M; Uniblock – $5.20M).
- Seed: $44.40M (Pixie Chess – $5.20M; Kulipa – $6.20M; Latitude – $8M; Valinor – $25M).
- Strategic: $6.50M (Diamante – $1.50M; ARO Network – $5M).
- PIPE: $3.21M (Capital B).
- Pre-Seed: $1.00M (PUMPCADE).
Seed and early-stage funding remained active, with several $5–25M rounds spanning gaming, payments, and infrastructure. Growth capital, however, was clearly anchored around the two large Series A raises and a trio of sizeable Undisclosed-stage rounds.
Top Deals of the Week
1. OpenFX: $94M Series A (Mar 31): OpenFX closed the week’s largest transaction with a $94M Series A round led by Pantera Capital and seven additional investors. This round underscores strong institutional conviction in trading and liquidity infrastructure that can bridge centralized and on-chain markets at scale. The size and stage of the raise suggest OpenFX is entering an aggressive growth phase in both product and geographic expansion.
2. Midas: $50M Series A (Mar 30): Midas raised $50M in a Series A round led by RRE Ventures with participation from 21 other investors, making it one of the most broadly syndicated deals of the week. The round highlights continued appetite for Web3-native financial products, yield platforms, or investment tooling that can cater to both retail and institutional users.
3. Cross River: $50M (Undisclosed Stage, Apr 1): Cross River secured a $50M round from T. Rowe Price in an Undisclosed-stage transaction. As a regulated financial infrastructure provider, Cross River’s capital raise signals ongoing demand for compliant rails connecting fiat banking systems with crypto and Web3 services.
4. Valinor: $25M Seed (Mar 30): Valinor closed a $25M seed round led by Castle Island Ventures plus ten co-investors, one of the largest early-stage rounds. The magnitude of the raise at seed stage suggests investors see Valinor as a high-conviction bet, likely in core infrastructure, protocols, or liquidity tooling where large upfront capital is required.
5. The Better Money Company: $10M Undisclosed Stage (Mar 31): The Better Money Company raised $10M in an Undisclosed-stage round backed by Andreessen Horowitz (a16z crypto) and eleven additional investors. The company’s positioning at the intersection of Web3 and consumer finance reflects ongoing interest in blending stable, compliant fintech user experiences with on-chain rails.
Other notable disclosed rounds include Latitude’s $8M seed (backed by NEA), Kulipa’s $6.20M seed (1kx and 3 others), Pixie Chess’s $5.20M seed (Paradigm and 9 others), and ARO Network’s $5M strategic round from No Limit Holdings.
Early-Stage Momentum: Seed and Pre-Seed
Early-stage activity this week provides a window into where the next wave of Web3 products and protocols is forming.
Key early-stage deals:
- Valinor – $25M Seed (Castle Island Ventures and 10 Others): A large, thesis-driven bet likely focused on core crypto infrastructure or new protocol primitives.
- Latitude – $8M Seed (NEA and 4 others): Signals that mainstream venture firms remain willing to lead meaningful early-stage rounds in Web3.
- Kulipa – $6.20M Seed (1kx and 3 others): Likely targeting payments, wallets, or transaction infrastructure, supported by crypto-native investors.
- Pixie Chess – $5.20M Seed (Paradigm and 9 others): A gaming-oriented round, pointing to sustained experimentation in on-chain games and novel digital asset economies.
- OmenX – Seed (M77 Ventures and 2 others, undisclosed amount): An early-stage play in trading, infra, or protocol tooling where investors opted not to publicize the raise size.
- PUMPCADE – $1M Pre-Seed (pump.fun and 2 others): A degen-style, high-variance consumer experiment backed by a prominent memecoin platform and partners.
Taken together, these rounds show that while big checks flowed into infrastructure and trading, seed-stage capital remains available for differentiated ideas across gaming, infrastructure, and payments.
Strategic Rounds and Ecosystem Bets
Strategic capital continues to play a central role in how Web3 companies bootstrap distribution, liquidity, and partnerships.
Key strategic deals:
- Diamante – $1.50M Strategic (Khofiz Shakhidi): A targeted investment that likely combines capital with advisory and network support in payments or fintech.
- ARO Network – $5M Strategic (No Limit Holdings): Reflects ecosystem-aligned funding in infra or tooling where the strategic backer gains direct upside from protocol growth.
- predict.fun – Strategic (YZi Labs, prev. Binance Labs and other, undisclosed amount): Highlights ongoing ecosystem interest in prediction markets and gamified on-chain experiences.
Strategic capital typically comes with commercial relationships such as integrations, liquidity commitments, or joint go-to-market efforts, making these rounds important beyond their raw dollar values.
Undisclosed Rounds, M&A-Like Signals, and Late Stage
Several rounds did not disclose funding size but still carry strong signaling value through stage labels and investor names.
- Keyrock – Series C (SC Ventures and others, undisclosed): A late-stage round into a leading market maker and liquidity provider, indicating sustained confidence in trading infrastructure even at more mature stages.
- Utexo – Undisclosed stage (Gate Ventures, undisclosed amount): An early or mid-stage infrastructure or tooling play backed by a dedicated crypto venture fund.
- 2U2ai – Undisclosed stage (Becker Ventures, CGV, Gemhead Capital, K24 Ventures, undisclosed amount): Sits at the intersection of AI and Web3, where investors may favor flexible terms and low public disclosure.
These deals, combined with other flexible “Undisclosed” rounds, suggest that actual capital deployment into Web3 infrastructure, AI intersections, and liquidity services is higher than headline volume implies.
Key Investor Highlights
A mix of top-tier venture firms, crypto-native specialists, and large asset managers were active this week.
Notable investor appearances:
- Pantera Capital: Led OpenFX’s $94M Series A, reinforcing its focus on trading, liquidity, and infrastructure bets.
- RRE Ventures: Led Midas’s $50M Series A, signaling strong interest in Web3 financial products and structured yield offerings.
- T. Rowe Price: Backed Cross River’s $50M round, further integrating traditional financial institutions into Web3 infrastructure plays.
- Andreessen Horowitz (a16z crypto): Led or anchored The Better Money Company’s $10M round, and continues to show presence across consumer and fintech-focused Web3 strategies.
- Castle Island Ventures, NEA, 1kx, Paradigm, Alliance DAO, M77 Ventures: A broad set of thesis-driven crypto investors backing infrastructure, gaming, and tooling projects like Valinor, Latitude, Kulipa, Pixie Chess, and Uniblock.
The breadth of this investor set underscores that high-conviction capital remains available across stages, particularly for teams building critical infrastructure, liquidity, and developer tooling.
