News linked to this event type.
According to The Block, the number of monthly crypto venture capital deals in May 2026 dropped to approximately 50—the lowest level since before 2021. Both historically most active sectors—infrastructure and crypto financial services—fell to multi-year lows. A large-scale shift of investor attention toward the AI sector, coupled with a shortage of high-quality early-stage projects, are the primary drivers behind this decline in deal volume. Although the number of deals declined, total funding remained relatively high, exhibiting a “fewer deals, larger amounts” pattern—the recent $1 billion fundraising round by prediction market platform Kalshi being a prime example. Analysts note that the current low-noise environment actually presents a window of opportunity for projects with clear use cases and genuine traction. Whether a recovery emerges in the second half of 2026 will depend on whether new sectors beyond prediction markets and financial infrastructure can generate broad-based investment consensus at scale.
Data shows that the number of monthly venture capital deals in the crypto industry fell to around 50 in May, returning to levels seen before 2021, when the industry was significantly smaller than it is today.The contraction in deal activity is evident across almost all categories, with infrastructure and crypto financial services—two previously most active sectors—also approaching multi-year lows.The report suggests that the cooling of fundraising is mainly due to two factors: first, investor attention and capital are continuously shifting towards AI, structurally squeezing crypto financing; second, the crypto industry currently lacks the highly attractive early-stage projects that were abundant during the cycles of 2021 and 2024, leading investment institutions to be more selective and cautious in their screening.
SpaceX, the company led by Elon Musk, disclosed in a filing with the U.S. Securities and Exchange Commission (SEC) on Wednesday that it plans to fix the offering price at $135 per share (consistent with the price disclosed by sources) before officially commencing its IPO roadshow. SpaceX stated that the company plans to issue 555.6 million shares, thereby raising $75 billion. Typically, at this stage of the IPO process, issuers set a price range to test market demand sensitivity at different price levels. However, SpaceX has adopted a more unique pricing strategy. Calculated at $135 per share, SpaceX's valuation would reach $1.77 trillion. This valuation would make SpaceX the seventh-largest publicly traded company in the US by market capitalization, surpassing Tesla, which currently has a valuation of approximately $1.6 trillion. SpaceX plans to officially list on the Nasdaq Stock Exchange on June 12. (Jin Shi)
According to Fortune, Variant, a venture capital firm focused on crypto, has closed its fourth fund, Variant 4, with $222 million in commitments. The fund will primarily invest in earliest-stage companies and support their growth.
Jeff Walton (@PunterJeff) of Strive stated that Strive is raising funds at a rate of $8.1 million per day. If this capital is used to pay dividends, it could support the issuance of $15.5 billion worth of SATA tokens. Jeff Walton indicated that this amount of capital is equivalent to purchasing approximately 175,000 BTC at current prices, which would increase its total BTC holdings to 10 times its current size. (BitcoinTreasuries.NET)
According to Reuters, citing sources, DeepSeek plans to raise approximately $7 billion in its Series A funding round, with a valuation as high as $59 billion. Tencent and CATL will be DeepSeek’s largest external investors; NetEase and JD.com also plan to participate in the investment.
According to the Wall Street Journal, AlphaSense, an AI-powered market intelligence platform, has raised $350 million in funding, achieving a new valuation of $7.5 billion—marking a significant increase from its previous round in 2024, which valued the company at $4 billion. Investors in this round include Accenture and the asset management division of JPMorgan Chase. Jack Kokko, CEO of AlphaSense, stated that the company may pursue an initial public offering (IPO) in the future.
快手旗下可灵 AI 正在进行分拆后首轮融资，投前估值达 180 亿美元。该项目计划于 2027 年初递交港股上市申报材料。
: NewLimit, a longevity technology startup co-founded by Coinbase founder Brian Armstrong, announced the completion of a $435 million Series C funding round, achieving a valuation of $3.1 billion. The round was led by Peter Thiel's fund, Founders Fund, with continued participation from Abstract Ventures, Kleiner Perkins, NFDG, Eli Lilly Ventures, Valor Equity Partners, and others. New investors introduced in this round include Thrive Capital, Greenoaks, and Quiet Capital.In 2021, Brian Armstrong, along with former GV partner and bioengineer Blake Byers and stem cell biologist Jacob Kimmel, jointly invested $110 million to establish NewLimit in South San Francisco.
According to on-chain analyst PeckShield (@PeckShieldAlert), Strategy sold 32 BTC (average price: $77,135, totaling approximately $2.5 million—0.0038% of its 843,000-BTC holdings) for capital allocation, and concurrently sold 801,994 common shares, raising roughly $128.3 million. This move symbolically broke its “never sell” principle, triggering market volatility: sUSDat—a staked stablecoin fully backed by digital credit (STRC)—briefly dropped nearly 7% to below $0.93 before rebounding to $0.98.
This round of financing will be used to build and improve the global payment infrastructure, compliance system, and business presence in key markets; enhance cross-border payment service capabilities and global operational capabilities; and further advance the company’s development of a new-generation financial infrastructure that is compliant, efficient, and built for the internet era.
According to Cointelegraph, TapTools, a real-time Cardano analytics platform, announced it will gradually shut down over the next two weeks. Since the beginning of this year, the platform has lost two co-founders, its Chief Operating Officer, Chief Technology Officer, and a backend developer. This exodus has resulted in a critical knowledge gap, rendering the platform unable to maintain normal operations. TapTools also cited high operational costs—including infrastructure, development, and support—as another key reason for the shutdown. The platform stated it remains open to external acquisition or financing. Cardano founder Charles Hoskinson accepted partial responsibility, noting he had previously proposed an “index program” to rescue struggling projects, but the initiative failed to materialize.
According to Tech in Asia, Special, an AI-powered M&A firm co-founded by Nate Cavanaugh and Justin Fox—both former staff members of the U.S. government’s Department of Government Efficiency (DOGE)—has announced a funding round of undisclosed amount, led by Andreessen Horowitz (a16z). Investors include Antonio Gracias, founder of Valor Equity Partners; Anthony Armstrong, former CFO of xAI; Brian Armstrong, CEO of Coinbase Global; and Shyam Sankar, CTO of Palantir Technologies. Special plans to acquire service-based businesses by automating workflows with AI to reduce costs, and has already reached an agreement to acquire a Texas-based healthcare company, which will be integrated into Figure Health—the company’s business line focused on aging populations.
according to sources familiar with the matter, SpaceX plans to launch a major IPO next week, targeting a valuation of approximately $1.75 trillion. The sources stated that Elon Musk's rocket manufacturing company may sell less than 5% of its shares, valued at between $60 billion and $80 billion. This proportion is significantly lower than a typical IPO. The exact figures could still change before Wednesday afternoon. The company plans to submit updated documents on Wednesday afternoon, which will include the offering price guidance range for the issuance. Earlier this year, following the acquisition of the AI company xAI, SpaceX's valuation stood at approximately $1.25 trillion. (Jin Shi)
Leverage Shares posted on X, stating that if SpaceX eventually goes public with a valuation between $1.75 trillion and $2 trillion, Musk's approximately 43% stake would be worth between $752 billion and $860 billion. Combined with his holdings in Tesla and other companies, his total assets could reach the trillion-dollar level.
According to Businesswire, Nasdaq-listed digital asset treasury company Datavault AI announced that it has signed a non-binding financing agreement to complete a $2 billion structured financing in four tranches. The counterparty will subscribe to newly issued shares of Datavault AI at a price per share ranging from $1.55 to $2.00, backed by collateral financing from Datavault AI’s digital asset exchange and RWA tokenization business. The new funds are intended to expand Datavault AI’s SanQtum GPU edge computing network, support platform development, and repay existing debt.
Odaily Odaily Alexandre Laizet, director of Capital B’s Bitcoin strategy board, stated on X that the company has submitted a new proposal to the board, seeking shareholder approval for a capital raising authorization of up to $122 billion. The proposal aims to accelerate its Bitcoin treasury reserve strategy, including a capital increase of up to €5 billion (equivalent to $5.8 billion) through 125 billion shares at current par value, and a credit instrument authorization of up to €100 billion (equivalent to $116 billion).Shareholders can vote online before the company's joint general meeting of shareholders on June 17. Previously, Capital B purchased 192 Bitcoins for $15.2 million, and subsequently acquired an additional 4 Bitcoins, bringing its total holdings to 3,139 Bitcoins. (cointelegraph)
According to official announcements, Deepcoin, a global cryptocurrency exchange, has officially obtained the Bitcoin Service Provider (BSP) license issued by the Central Reserve Bank of El Salvador, enabling it to offer Bitcoin custody, Bitcoin trading, and related exchange services within the country’s regulatory framework. This license is a key authorization under El Salvador’s Bitcoin regulatory system; applicants must meet requirements in governance, risk management, cybersecurity, and anti-money laundering (AML)/countering the financing of terrorism (CFT) compliance. Deepcoin stated that this approval marks a new milestone in its global compliance strategy.
According to PRNewswire, SignalPlus announced the completion of its $50 million Series B1 funding round, achieving a post-money valuation of $500 million. HashKey Capital led the round, with participation from BlockBooster and AppWorks. Goldman Sachs served as the exclusive financial advisor.
French listed company Capital B (ALCPB) is seeking shareholder approval to raise up to $58.2 billion through a new share issuance and up to $116.4 billion through credit instruments to increase its BTC holdings. (BitcoinTreasuries.NET)