Crypto VC funding: Félix lands $200M, Cari raises $32.5M

Crypto and blockchain companies disclosed $292.35 million across ten financing deals between Aug. 31 and Sep. 5, 2026. The bulk of the capital went to stablecoin payments, remittances and tokenized banking infrastructure.

Félix raises $200 million

Miami‑based Félix secured a combined equity and credit facility worth $200 million. The equity portion was $87 million, led by Andreessen Horowitz, with participation from QED Investors, Castle Island Ventures, Switch Ventures, Contour Venture Partners, Endeavor Catalyst and General Catalyst’s Customer Value Fund, which provided a $113 million credit line. Félix plans to expand its WhatsApp‑based platform for Latino customers in the U.S. into savings, lending and AI‑supported services, using USDC on Stellar for cross‑border settlements.

Cari obtains $32.5 million from U.S. banks

Washington, D.C.‑based Cari raised $32.5 million in its first external funding tranche, sourced entirely from seven regional banks: First Horizon, Huntington, KeyBank, M&T, Old National, SouthState and Glacier. The funds will support product development, onboarding of additional banks and integration of its permissioned Layer‑2 network, which is anchored to Ethereum and enables tokenized commercial bank deposits.

Other notable rounds

• OpenReserve announced a $25 million seed round led by a16z crypto, aiming to build a full‑service U.S. national bank with continuous settlement capabilities.
• Diameter Pay closed a $10 million Series A, expanding its API‑driven stablecoin payment and compliance services after processing over $10 billion in payments in 2026.
• Several projects raised between $1 million and $8 million, including Firelight ($8 M seed), MemeBitcoin ($8 M strategic), GAEA ($3.6 M strategic), Plenti ($3 M seed), ParlayX ($1.25 M pre‑seed) and Polaris ($1 M angel).

Sector focus

Payments and banking infrastructure accounted for $270.5 million, or roughly 93 % of the disclosed financing, highlighting investor interest in regulated stablecoin and tokenized deposit solutions. The reported totals exclude acquisitions and unverified reports such as a claimed $1 billion round by Polymarket.