Financing Weekly | 21 Public Financing Events, Decentralized Derivatives Trading Protocol Variational Completes $50 Million Series A Funding, Led by Dragonfly Capital

Funding Rounds

▤ Summary

This funding roundup reports 21 global blockchain financings last week totaling over $467 million. It highlights Variational's $50M A round led by Dragonfly Capital, PopDEX's $30M raise, Catena Labs' $30M A round, and other notable DeFi, AI, infrastructure, and CeFi deals. The piece also covers strategic investments such as HashKey's $40M into SignalPlus and acquisitions including MoonPay's purchase of Decent and Zama's acquisition of TokenOps. Deals span decentralized derivatives, RWA yield protocols, cross-chain infrastructure, privacy blockchains, stablecoin rails, and AI-native banking and settlement layers. Use this roundup to track where investor capital and strategic consolidation are concentrating across crypto infrastructure, wallets, DeFi protocols, and regulated digital-asset services.

$ Funding

$
Amount $50.0M Total raised
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Date May 24, 2026 Announcement date
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Investors Dragonfly Capital Partners, Animoca Brands, Stellar, Acrew Capital, Baillie Gifford, North Island Ventures, Sky9 Capital, MissionOG, Tether Lead investors
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Company variational.io Funded company

▥ Classifications

industries
Fintech & Banking
applications
Accounting and Taxes

◇ AskAI Classifications

Labels
Financial Technology API Software Digital Asset Infrastructure

▦ Linked Companies

Checker Corp.
up to $1M
SignalPlus
$1M to $5M
TokenOps
up to $1M
Witheisen
$1M to $5M
Catena Labs
up to $1M
Zodia Custody
$1M to $5M
Variational
up to $1M
Cycles
$1M to $5M
JPYC株式会社
$10M to $25M