Fundraising

BlueFive Capital announced it has closed Onyx Fund I at $3 billion, targeting opportunistic technology and growth investments across the U.S. and Europe. The fund gives the firm significant dry powder to back scaling companies and participate in later-stage rounds.

Galaxy Digital has secured $100 million to launch a crypto hedge fund slated to debut in Q1 2026, focusing on cryptocurrencies and blockchain-disrupted financial services. The raise underscores continued institutional interest in digital-asset strategies.

Crypto custodian Anchorage Digital is pursuing $200 million to $400 million in new capital as it prepares for a possible IPO next year. The raise is positioned to strengthen the firm's balance sheet and support growth ahead of a public listing.

HashKey Capital has secured $250 million in commitments for the initial close of its fourth crypto fund, underscoring continued institutional appetite despite market volatility.

Coinbase has begun routing Solana (SOL) trading onto onchain rails to enable native on‑chain settlement and custody. The rollout arrives as crypto M&A and fundraising surge to new cycle highs.

Kraken submitted a confidential IPO filing just days after closing an $800 million funding round, seeking to lock in momentum as U.S. regulators edge toward clearer crypto rules. The move signals confidence in a firmer regulatory path and a bid to reach public markets while sentiment is favorable.

Publicly traded brain–machine interface firm VisionSys AI, which planned a $2 billion Solana treasury, announced a stock offering and its shares have tumbled roughly 88% over the past week. The sell-off underscores investor concern about dilution and the company's crypto pivot.