Funding

Closed in December 2025, per the co-founder, as a SAFE with token warrants; valuation not disclosed. The Block puts Payy's total raised at $8M including the Polybase pre-seed.

ZODL, founded by former Electric Coin Company chief executive Josh Swihart, announced over $25M; no lead named. Cypherpunk Technologies (Nasdaq: CYPH) said it invested $5M of it.

Public auction of ZAMA tokens with encrypted bids, which ran from 21 to 24 January 2026; Zama announced the results on 26 January. $118.5M was committed (including $2.2M via KuCoin and $4.2M via CoinList) by 11,103 unique bidders, and 880,000,000 tokens were sold at a $0.05 clearing price. Winning bids paid $44M, used as the amount. Zama says its public sale has three parts, a community sale (2% of supply), this auction (8%) and a pre-TGE sale (2%); only the auction is counted here.

3,221 ZEC donated to Shielded Labs, which is funded by donations and independent of the block reward and development fund; about $1.16M per The Block's article body ($1.2M in headlines). DL News says it is the twins' second contribution to Shielded Labs, after one in 2023 that is not quantified in the sources opened.

Aztec reports 19,476 ETH raised from over 16,700 participants, half of the capital from its community. The sale ran 2 to 6 December 2025 and the USD figure is The Block's conversion at the time of reporting.

Investor list not exhaustive; unnamed angels also took part.

Release dated 22 October 2025 (posted 27 October); amount not disclosed.

The Block reports $154.9M of USDC committed by 10,518 participants against a $3M cap (with a $750,000 minimum) at $0.30 per UMBRA; buyers received about 2% of their commitment and the rest was refunded. The accepted total is not stated, so the $3M cap is used as the amount. The sale completed on Friday 10 October 2025.

Zama says it raised over $57M at a valuation above $1B, led by Pantera Capital and Blockchange.

Coinbase Ventures joined as a new investor; 1kx Capital, OrangeDAO, South Park Commons and Script Capital followed on.

Sale ran 24 March to 1 April 2025: 20,000,000 ARX (2% of supply) offered at $0.20 ($200M FDV), a $4M base offering, with up to 80,000,000 more at Arcium's discretion. CoinList reported nearly 3,500 purchasers and commitments above the target but did not publish the final amount sold, so amountUsd is null.

CoinDesk names Hack VC as lead, plus unnamed angels and strategic contributors from Arbitrum, Worldcoin and Sei; round type not named.

'Audit monero-serai and monero-wallet' (kayabaNerve): 1,050.2 XMR raised against a 1,050 XMR goal from 58 contributions; completed. Amount is in XMR and no USD value is computed. Date is the proposal's date in the CCS listing.

ofrnxmr's BasicSwapDEX proposal (part 2): 1,685.8 XMR raised against a 1,685 XMR goal from 2 contributions; work in progress. Amount is in XMR and no USD value is computed. Date is the proposal's date in the CCS listing.

CoinList announced a public community round for the NIL token with a purchase period from 19 to 26 June 2024 (the date used is the scheduled close), at the same $400M valuation as Nillion's Series A. CoinList has not published the amount sold, so amountUsd is null.

Fhenix's blog (republished in August 2025) gives the $15M Series A led by Hack VC; The Block dates the announcement, adds Dao5, says the round closed in May 2024 and puts total funding at $22M.

The Block reports the round took Arcium's total raised to $9M; Arcium was founded by the team behind Elusiv. Arcium's own announcement URL now returns HTTP 404.

Structured as a SAFE with token warrants at a $70M valuation.

'Full-Chain Membership Proofs + Spend Authorization + Linkability Development CCS' (kayabaNerve): 921.2 XMR raised against a 920 XMR goal from 18 contributions; work in progress. Amount is in XMR and no USD value is computed. Date is the proposal's date in the CCS listing.

'Full-Chain Membership Proofs + Spend Authorization + Linkability Research CCS' (kayabaNerve): 2,000 XMR raised against a 2,000 XMR goal from 61 contributions; work in progress. Amount is in XMR and no USD value is computed. Date is the proposal's date in the CCS listing.

Pre-seed in March 2024 with Vitalik Buterin taking part; amount and day not disclosed, so both are null. The Block also names Bankless, Number Group, Public Works, Sam Kazemian and Dan Finlay as 0xbow backers without assigning them to a round.

Co-led by Multicoin Capital and Protocol Labs, with the strategic founders Zama names. TechCrunch, citing sources, put the valuation at the high end of $300M to $400M; Zama's chief executive declined to disclose it.

TechCrunch reports that before its March 2024 Series A Zama had raised $8M across a pre-seed and a seed round, taking its total to $81M. It gives no dates, split or investors for the two rounds, so date is null and they are combined in one row.

Seed led by 1kx; angel investors also took part.

Amount, lead and participants come from search snippets of Hinkal's weekly report for 13 to 19 November 2023 on Medium (https://medium.com/@hinkal.pro/hinkals-weekly-progress-report-13-november-19-november-20e978346451), which returns HTTP 403; a Wayback Machine copy exists but returned HTTP 429 when checked, so they are not verified and date is null. Hinkal's own site, the source opened, cites $6M in total funding from SALT, Draper Associates, Orange DAO and SNZ.

Seed co-led by Bain Capital Crypto and Polychain Capital, announced by Nocturne Labs per CoinDesk.

Fhenix's blog (republished in August 2025) gives the $7M seed co-led by Multicoin Capital and Collider Ventures; the date and Robot Ventures come from The Block.

Raised by p0x labs, the team developing Manta Network, at a $500M valuation; Decrypt names only the two leads.

CryptoSlate reports a $5M round led by Sora Ventures and says the project, begun in 2021, had earlier funding from Zee Prime Capital, Mechanism Capital, Hypersphere and Daedalus, among others; it does not say whether they joined this round, and gives no round type.

The foundation announced its third round, raising USD 25M, co-led by returning fund CMCC Global (the post does not name another co-lead), with Electric Capital, which has backed every round, the funds listed and more than 30 angels. CoinDesk also reports $25M and describes CMCC Global as the lead. The Block describes the money as funding the Anoma ecosystem, which includes Namada.

Raised as Polybase, Payy's former name, through a SAFE with a token side letter; The Block's 2026 Payy report counts it in Payy's $8M total.

Seed co-led by Dragonfly Capital and Naval Ravikant. Renegade's own announcement on its Substack could not be opened because the domain no longer resolves.

Valuation not disclosed.

Reported as over $20M from more than 150 investors; round type not named. TechCrunch says Nillion, founded in November 2021, had no prior funding. Nillion's press release on Business Wire returned HTTP 403.

Seed co-led by LongHash Ventures and Staking Facilities Ventures; crypto.news also names the founders of Solana, Zeta, Notify, Solflare and UXD Protocol as participants.

Light Protocol Labs announced a $4.2M seed round led by Polychain Capital in a Medium post dated 17 October 2022 (https://medium.com/light-protocol-writings/announcing-our-4-2m-raise-3f19f5d3f66f). Medium refuses automated access, so the copy opened is the Wayback Machine snapshot of 22 August 2024. Advanced Blockchain and dLab, which led an earlier raise, also joined. Light's About page lists several of these backers and says the team is joining Helius.

Light Protocol Labs' October 2022 seed announcement says Advanced Blockchain and dLab led a previous fundraise; its amount and date are not given, so both are null.

Token sale by the Mina Ecosystem, a group of teams including the Mina Foundation; the foundation's chief executive said effectively all of it would go to developer grants. Terms and the full participant list were not disclosed.

Shade Protocol's announcement of a $5M private raise to build privacy-preserving DeFi on Secret Network; it lists 21 partners, although the post says 20. The copy on Shade's blog carries a 2026 publication date and the original announcement date was not confirmed, so date is null. Its apps ShadeSwap, ShadeLend and ShadeX are registry entries.

ForkLog quotes Aleo's announcement of the round and reports that SoftBank and Kora each took a seat on Aleo's board. ForkLog marks its English page as AI translated.

CoinDesk describes $10M of backing: DCG acquired and staked over $10M of RAIL (seller not stated) and donated over $7M in stablecoins to the Railgun DAO treasury, with support from its subsidiary Foundry Labs. The two figures exceed the headline $10M and the article does not reconcile them. DCG is the only investor named and is not described as leading a round, so lead is null.

SCRT Labs announced $400M of ecosystem funding (a $225M ecosystem fund and a $175M accelerator pool funded in SCRT), and Secret Network said these firms had recently acquired substantial SCRT positions, amounts undisclosed; CoinDesk does not say whether the tokens came from SCRT Labs or the market. The $400M is funding for builders on the network rather than capital raised by it, so amountUsd is null. Arrington Capital is also named as an ecosystem fund partner. The SCRT Labs press release on Business Wire returned HTTP 403.

Existing partners a_capital, Ethereal Ventures and Libertus Capital returned. The post names zk.money as Aztec's first product; Aztec's registry entries are zk.money and aztec-connect.

Iron Fish's post names these investors and says many others took part.

Public sale of ZKP tokens (5% of supply) that opened on Tuesday 23 November 2021 and closed in under 90 minutes, per Cointelegraph's report of Thursday 25 November; Panther put its total raised at $32M.

TechCrunch reports $26M for the Anoma Foundation, raised through a SAFT (simple agreement for future tokens). The foundation confirms its 2021 round was led by Polychain Capital but does not restate the amount; CoinDesk later describes it as a $26M round in November 2021.

To incubate Penumbra, a fully shielded layer-1 network in the Cosmos ecosystem; its DEX is the registry entry penumbra-dex.

More than 30 venture funds took part; Cointelegraph names no lead or round type.

Panther told Cointelegraph it raised $10M in private funding before its November 2021 public sale, across pre-seed, seed and three private sale rounds covering 15% of the ZKP supply. Dates and investors of each round are not given, so date is null.

ForkLog quotes Aleo announcing the $28M raise and naming a16z its lead Series A investor, and lists the other participants. ForkLog marks its English page as AI translated. Aleo's own press release on Business Wire returned HTTP 403.

CoinList scheduled the community sale for 13 to 14 April 2021, with an uncapped sale from 16 April only if tokens were left over, and later reported $18.7M of MINA bought by more than 40,000 participants from over 375,000 registrants. CoinDesk reports that the allocation, 7.5% of supply, sold out in four hours, so the date is the community sale's opening day.

The Block lists these investors 'to name a few'.

ForkLog, citing CoinDesk, reports $10.9M for O(1) Labs, taking its total investment to $29.4M; round type not named. ForkLog marks its English page as AI translated.

'Monero Atomic Swaps implementation funding' (h4sh3d et al.): 2,730.8 XMR raised against a 2,727 XMR goal from 145 contributions; completed. Amount is in XMR and no USD value is computed. Date is the proposal's date in the CCS listing.

Dragonfly's managing partner Haseeb Qureshi said the firm invested in PepperSec, Inc., the developer of Tornado Cash, in August 2020; the day, amount and instrument are not stated in the sources opened.

The foundation says it completed rounds in 2020 and 2021, both led by Polychain Capital, with funds including Coinbase Ventures, P2P Capital, Figment, ZKV, Maven 11, Chorus One, Lemniscap, CMS, Wicklow Capital, Informal Systems and the Interchain Foundation taking part across them, and that Electric Capital has supported every round. It gives no amount or month for the 2020 round, so both are null.

'RandomX Audits' (Howard Chu): 1,400 XMR raised against a 1,400 XMR goal from 40 contributions; completed. Amount is in XMR and no USD value is computed. Date is the proposal's date in the CCS listing.

CoinDesk names no lead or round type; ForkLog later described the April 2019 round as a Series A.

U.Today reports that ConsenSys Labs gave $2.1M in a seed round for AZTEC that Entrepreneur First and Samos Investments, among others, also joined; it is not clear whether $2.1M is the whole round or ConsenSys Labs' share. ConsenSys's own release could not be reached.

Seed for O(1) Labs, then building Coda (now Mina), in May 2018; day not confirmed, so date is null. Global Venturing and ForkLog give $3.5M; CoinDesk's April 2019 report does not state the seed amount.

Oasis Labs' release names these investors 'and more'; it does not name a lead or the round type.

Enigma raised about $45M from sales of ENG tokens in 2017. The SEC found the sale an unregistered securities offering; in February 2020 Enigma consented, without admitting or denying the findings, to a $500,000 penalty, a claims process returning funds to buyers, registering the tokens as securities and filing periodic reports. The release gives no exact sale dates, so date is null.

Non-profit funded by donations; several Founders' Reward recipients, including Least Authority Enterprises, pledged part of their reward. The Zcash blog put the initial endowment at 273,000 ZEC over the first four years of mining. No USD value was given, so amountUsd is null.

Seventeen investors put $2M into the company for 6.25% of it, an implied $32M valuation, bringing the total raised to $3M. Date is the disclosure post; the post says only that the round was taken in that summer.

The Zcash Company (now Electric Coin Company) said it had closed a $1M funding round, with investors sharing in the Founders' Reward through their stake. The post does not name the investors in its text or the round type. The electriccoin.co address now redirects to the same post on zodl.com.