Crypto VC Funding Week: HIFI Leads with $37M Series A Amid $104M Total

Eight disclosed financings announced from Sep 19 to Sep 25 2026 raised more than $104.2 million across the crypto and blockchain sector. The week’s largest venture round was HIFI’s $37 million Series A, while a $25 million public stock offering by Forward Industries also contributed to the total.

Key Funding Highlights

• HIFI – $37 million Series A led by Left Lane Capital to expand its stablecoin settlement platform, card issuance and tokenized capital markets.
• Forward Industries – $25 million registered direct offering of common shares to expand its Solana treasury strategy.
• Atum – $13.5 million raise from investors including Variant and PayPal Ventures to build a cross‑stablecoin, cross‑chain payments network.
• MeshWallet – $10 million private round to develop a self‑custodial TRC‑20 USDT wallet.
• CatchBack – $8 million seed round led by Foundation Capital, with participation from Y Combinator, Robinhood Ventures, Coinbase Ventures and the Solana Foundation.
• Infini – $6 million seed round supporting a stablecoin‑settled payments and treasury platform.
• infiniFi – more than $3 million round led by Electric Capital, bringing total outside funding above $6 million.
• functionSPACE – $1.7 million pre‑seed round for an on‑chain pricing protocol.

Payment Infrastructure Dominates

Funding for payment‑related projects accounted for $60.5 million of the week’s disclosed capital, with HIFI, Atum and MeshWallet together representing the bulk of that amount.

Other Notable Activity

• Two strategic rounds (XStable and Travix) were disclosed without monetary amounts and therefore excluded from the total.
• The $25 million Forward Industries offering is a public‑company financing, distinct from venture capital rounds.