📊 Summary of Funded Projects (May 05, 2026 – May 11, 2026)
- Duration
- In Progress
- Task
- Supported Chains
- Category
Table of Contents
We have summarized the projects that announced funding between May 5, 2026, and May 11, 2026.
This article is also distributed on Candy Drops' X account, so please be sure to follow us on X as well!
Project List
@onrefinance | $5M (Series A) | May 5, 2026
@sportix_ai | $3.5M (Seed) | May 5, 2026
@ElasticsAI | $2M (Pre-seed) | May 5, 2026
@GSR_io | Strategic Investment (Undisclosed) | May 5, 2026
@centrifuge | Strategic Investment (Undisclosed) | May 5, 2026
@opentrade_fi | $17M (Strategic Investment) | May 6, 2026
@stockcoinai | Seed (Undisclosed) | May 6, 2026
@Kalshi | $1B (Series F) | May 7, 2026
@saturn_credit | $2M (Seed) | May 7, 2026
@stableyard | Strategic Investment (Undisclosed) | May 7, 2026
@AntierSolutions | $3M (Strategic Investment) | May 8, 2026
@ility_xyz | $2M (Private) | May 8, 2026
@circle | $222M (Token Presale) | May 11, 2026
@_ALCPB | €15.2M (Private Placement) | May 11, 2026
@USBD_Stablecoin | $2M (Pre-seed) | May 11, 2026
@fortuneglobal_ | Seed (Undisclosed) | May 11, 2026
OnRe (@onrefinance)
OnRe is a project building reinsurance infrastructure on Solana. Its first pool establishes a balanced real-world reinsurance portfolio using Ethena's sUSDe as collateral. Forward Industries separately plans to allocate up to $25M into OnRe’s yield-bearing tokens. This Series A will be used for mainnet expansion and attracting institutional contributors. It targets the demand for sustainable on-chain yield sources as unproductive stablecoin and treasury assets continue to accumulate.
💸 Amount: $5M (Series A)
👥 Investors: @FWDind (co-lead), @Rockaway_X (co-lead)
📅 Date: May 5, 2026
Sportix (@sportix_ai)
Sportix is an AI sports intelligence platform specializing in football. It provides a simulation engine that analyzes real-time match data, player performance, and media sentiment to predict match results. They are also building an on-chain reputation system for analysts, aiming for a mechanism to record prediction accuracy in a verifiable manner. The official platform launch is set for Q2 2026, just before the 2026 FIFA World Cup.
💸 Amount: $3.5M (Seed)
👥 Investors: @CoinvestorV, @animocabrands, @BeckerVentures, @X21_Digital, @alphacapital_vc
📅 Date: May 8, 2026
🔗 N/A
Elastics (@ElasticsAI)
Elastics is a Warsaw-based AI-native operating system for prediction markets. Users can trade in prediction markets using natural language, while autonomous AI agents execute research, execution, and risk management across multiple venues. Founded by former Goldman Sachs employee Szymon Pawica and quant mathematician Mateusz Brodowicz. This $2M pre-seed round was oversubscribed, led by Frst, and will be used for AI/quant hiring and product development. It positions itself to capture the "tooling layer" behind the Kalshi/Polymarket boom.
💸 Amount: $2M (Pre-seed)
👥 Investors: @frst_vc, @ElevenLabs, @xbtogroup, @redstone_defi, @a16z
📅 Date: May 5, 2026
GSR (@GSR_io)
Founded in 2013, GSR is a leading crypto market maker and liquidity provider, offering everything from spot and derivatives to structured products. SC Ventures, the VC arm of Standard Chartered, invested as the first external strategic shareholder at a valuation of approximately $1B. GSR plans to expand by separately raising up to $150M from other strategic backers. For the fiscal year ending June 2024, it maintained high profitability with revenue of $287M and post-tax profit of $71M. Founded by former Goldman Sachs traders, this deal is a landmark case of traditional finance (Standard Chartered) absorbing crypto market infrastructure.
💸 Amount: Strategic Investment (Amount undisclosed, $1B valuation)
👥 Investors: @scventuresdna
📅 Date: May 5, 2026
Centrifuge (@centrifuge)
Centrifuge is a pioneer in institutional tokenization infrastructure. Coinbase selected Centrifuge as its "preferred tokenization backbone," adopting it as the issuance platform for tokenized ETFs, credit, and structured products on Base. This round is a seven-figure strategic investment from Coinbase Ventures (the third investment following a 2022 strategic round and a 2024 $15M Series A). By becoming Coinbase’s main partner in the $27B RWA market, the goal is to concentrate institutional flow into the Base-Centrifuge pipeline. The first institutional asset is expected to launch on Base within weeks.
💸 Amount: Strategic Investment (Undisclosed)
👥 Investors: @coinbase
📅 Date: May 7, 2026
OpenTrade (@opentrade_fi)
OpenTrade is a London-based RWA x stablecoin yield platform. It provides fintechs, exchanges, and wallets with permissioned and permissionless infrastructure for stablecoin yield products backed by assets like US T-bills. TVL has surpassed $200M, and in the first four months of 2026, it processed $300M in transaction volume, aiming for $1B for the full year. Total funding has expanded to $30M+ with this round. In collaboration with Sierra Protocol, they launched the permissionless "Curation+," strategizing to build yield funnels for both institutional and individual users.
💸 Amount: $17M (Strategic Investment)
👥 Investors: @mercuryfund, NotionCapital, @a16zcrypto, @AlbionVC, @CMCC_Global
📅 Date: May 6, 2026
StockcoinAI (@stockcoinai)
StockcoinAI is an AI-native trading platform for tokenized US stocks and equity perps. It provides on-chain signals to equity and crypto derivative flows and offers access to Hong Kong IPOs and US pre-IPOs on a single interface. The Seed round was closed led by Amber Group, though the amount and valuation remain undisclosed. Their roadmap explicitly points toward Hong Kong expansion, positioning them as a player at the intersection of AI, tokenized stocks, and crypto.
💸 Amount: Seed (Undisclosed)
👥 Investors: @ambergroup_io (lead), Undisclosed Angels
📅 Date: May 6, 2026
Kalshi (@Kalshi)
Kalshi is the largest US prediction market platform operating under CFTC regulation. It offers event contracts on various events such as economic indicators, elections, sports, and climate. Institutional trading volume has increased 800% in the last six months, with annual trading volume growing 3.4x from $52B to $178B. It is a category leader accounting for 90% of the US prediction market and the majority of global volume. This Series F nearly doubled its valuation from five months ago (now valued at $22B), providing capital to expand adoption among hedge funds, asset managers, prop traders, and insurance companies.
💸 Amount: $1B (Series F, $22B valuation)
👥 Investors: @CoatueMgmt (lead), @sequoia, @a16z, @paradigm, @IVP, @MorganStanley, @ARKInvest
📅 Date: May 7, 2026
Saturn Credit (@saturn_credit)
Saturn Credit is a lending protocol building the application layer for Bitcoin. Centered on Strategy’s STRC (Bitcoin-linked credit instrument), they launched a dual-token system of USDat and sUSDat in March 2026. USDat is a stablecoin pegged 1:1 to USDC backed by short-term US T-bills, while sUSDat is an ERC-4626 compliant yield-bearing vault that accumulates STRC yields. Shortly after launch, TVL reached $125M+, and the Saturn Foundation plans to allocate up to 5% of future governance tokens to early LPs.
💸 Amount: $2M (Seed)
👥 Investors: @TheSpartanGroup, @Anchorage, Susquehanna Crypto, etc.
📅 Date: May 8, 2026
Stableyard (@stableyard)
Stableyard is a full-stack commerce platform providing an end-to-end experience layer for stablecoin payments. Merchants and fintechs can complete routing, settlement, and balance reconciliation with a single integration, receiving stablecoins from any chain or wallet and settling in their desired currency. A strategic investment from Movement (a Move-based Layer 1) will enable the integration of Movement ecosystem apps and merchant lead generation. Co-founders Avinash and Mitesh have been building a relationship with Movement for about two years.
💸 Amount: Strategic Investment (Undisclosed)
👥 Investors: @movementlabsxyz
📅 Date: May 7, 2026
Antier Solutions (@AntierSolutions)
Antier Solutions is an enterprise blockchain engineering firm based in Mohali, India. This is their first institutional round after over 10 years of bootstrapped operations. Under CEO Vikram R. Singh, the company has delivered over 1,000 projects to enterprises, startups, and governments, including BFSI (finance) sectors. The funds will be used for platform expansion in key markets including the US, MENA, and Asia-Pacific, and to strengthen compliance, tokenization, custody, and enterprise chain development.
💸 Amount: $3M (Strategic Investment, First Institutional Round)
👥 Investors: @GvflLimited
📅 Date: May 8, 2026
🔗 https://www.antiersolutions.com/
ILITY Network (@ility_xyz)
ILITY Network is an L1 blockchain for ZK (Zero-Knowledge) cross-chain data verification. It provides a privacy-preserving primitive that allows users to prove on-chain holdings and transaction history across multiple wallets without exposing addresses or transaction details. $ILY serves as the core token for gas, staking, governance, and ecosystem incentives. The Alpha Mainnet is already live, and the launch of ILITY Hub is imminent. Animoca Brands and DuckDAO co-led a $2M round at a $21M valuation. A points program is currently running on the ZK cross-chain testnet.
💸 Amount: $2M (Private, $21M valuation)
👥 Investors: @animocabrands, @dao_duck, @X21_Digital, @UZcapitalX, @0xVegaVentures
📅 Date: May 8, 2026
Circle / Arc Blockchain (@circle)
A private placement for ARC, the token for Arc—a public blockchain designed by Circle for institutional finance. Led by a16z crypto ($75M investment), the round raised $222M at a $3B FDV. Arc features native USDC integration, fiat-denominated gas, deterministic sub-second finality, and institutional-grade compliance. The testnet has been live since October 2025 with over 100 institutions participating, including BlackRock, Visa, and HSBC. While Circle's (CRCL) Q1 2026 revenue rose 20% YoY, it missed consensus; the stock price jumped 16% on the Arc announcement day but settled lower at the close.
💸 Amount: $222M (Token Presale, $3B FDV)
👥 Investors: @a16zcrypto (lead, $75M), @BlackRock, @apolloglobal, @ICE_Markets, @SBIGroup, @JHIAdvisors, @StanChart, @gcvp, @ARKInvest, @IDGCapital, @HaunVentures, @Bullish, Marshall Wace
📅 Date: May 11, 2026
Capital B (@_ALCPB)
Capital B is a European Bitcoin Treasury Company listed on the Paris Stock Exchange (EPA: ALLMG, formerly The Blockchain Group). With Adam Back and French quantum manager TOBAM as strategic investors, it issued 23M shares to institutional investors in the US and Europe at €0.66/share. With net proceeds of €14.4M, they plan to purchase approximately 182 more BTC, bringing holdings from 2,943 BTC to 3,125 BTC. Back also subscribed to separate warrants worth €1.1M. The medium-term goal is 15,000 BTC by the end of 2027, with a long-term goal of 210,000 BTC (1% of total supply) by 2033. Adam Back's stake is ~13.43%, Blockstream Capital Partners ~14.42%, and TOBAM ~4.2%.
💸 Amount: €15.2M ($17.8M, Private Placement)
👥 Investors: @adam3us (Blockstream CEO), TOBAM
📅 Date: May 11, 2026
Boundary Labs (@USBD_Stablecoin)
Boundary Labs is an Ethereum-based startup planning to launch USBD, an institutional stablecoin centered on continuous on-chain verification. The CEO is Matthew Mezger, formerly of Deutsche Bank and Digital Currency Group. USBD is over-collateralized and non-yielding, while a separate sUSBD token accumulates yields from delta-neutral DeFi strategies. Targeting asset managers, hedge funds, and family offices, it mandates KYC/KYB. A security audit by Cyfrin has been completed. USBD and sUSBD are scheduled to deploy on the Ethereum mainnet in early summer 2026, aiming for $100M TVL by year-end.
💸 Amount: $2M (Pre-seed)
👥 Investors: Galaxy Ventures, Blackwood, FirstBlock Capital.
📅 Date: May 11, 2026
Fortune Protocol (@fortuneglobal_)
Fortune Protocol is building AI-driven prediction market liquidity infrastructure on BNB Chain. With a unique UX combining fortune cookie elements, it enables on-chain trading of prediction models/data and DeFi integration. Seed funding will accelerate the development of AI prediction tools and large-scale models, product innovation, and ecosystem growth. It is the first protocol of its kind on BNB Chain. Amid the surge in prediction markets like Kalshi/Polymarket/Elastics, it aims for differentiation through an AI-native approach specialized for the BSC ecosystem. A points and rewards program for participants at launch has been suggested.
💸 Amount: Seed (Undisclosed)
👥 Investors: @tbvxyz, @CogitentV, @X21_Digital, @CGVFOF, @K24Ventures, @LandScape_Hold
📅 Date: May 11, 2026
A total of 16 projects were announced this week, with the total amount exceeding $1.3 billion. Notably, the $1 billion Series F by Kalshi (@Kalshi), the global leader in prediction markets. Joining top-tier firms like Coatue, Sequoia, and a16z were traditional finance (TradFi) giants such as Morgan Stanley, bringing the valuation to a staggering $22 billion. Additionally, Circle (@circle) securing $222 million for its new institutional-focused chain "Arc" indicates high expectations for the infrastructure layer.
The market trends are focused on the following three axes:
- Sophistication and AI Integration of Prediction Markets: In addition to Kalshi’s dominant share, diverse approaches were notable, such as Elastics (@ElasticsAI) utilizing AI agents, the football-specialized Sportix (@sportix_ai), and the BNB Chain-based Fortune Protocol (@fortuneglobal_).
- Institutional RWA and Stablecoins: The absorption of crypto infrastructure by traditional finance is accelerating, seen in Centrifuge (@centrifuge) strengthening its partnership with Coinbase, OpenTrade (@opentrade_fi) raising $17 million, and Standard Chartered’s (SC Ventures) strategic investment in GSR.
- Expansion of the Bitcoin Ecosystem: Financial strategies centered on BTC are also active, including Capital B (@_ALCPB) accelerating BTC holdings with Adam Back’s involvement and Saturn Credit (@saturn_credit) developing Bitcoin lending.
While small in scale, there were many pre-seed and seed cases with niche yet robust use cases, such as OnRe (@onrefinance) targeting reinsurance infrastructure on Solana and Galaxy Ventures-backed Boundary Labs (@USBD_Stablecoin), making for a week that suggests the next generation of standards.
Disclaimer
- ・This article is created for informational purposes only and should not be used to solicit the sale, purchase, or underwriting of cryptocurrencies, securities, or other financial products, nor should it be considered an invitation to engage in such transactions, or constitute financial or investment advice.
- ・The information and opinions in this article are obtained from sources that we believe to be reliable, but we do not guarantee their accuracy, completeness, suitability, timeliness, or truthfulness.
- ・We, the authors, and all related parties are not responsible for any damage or loss caused by or related to the information published in this article. Cryptocurrencies involve hacking and other risks, so please conduct thorough research before using them.
Supervised by
Shingo Arai
CEO, Rokubunnoni Inc.
After completing a Master's degree in Management Engineering at Tokyo University of Science in 2013, Shingo Arai worked as an engineer, data scientist, and data analyst at multiple companies in the web, app, and advertising industries. He entered the cryptocurrency and blockchain space around 2017, founded Rokubunnoni Inc. in January 2018, and launched Crypto Times — a blockchain-focused media outlet — in February 2018. With approximately 9 years in the industry, his expertise spans DeFi, L1/L2 protocols, tokenomics, ZKP, and domestic/international regulatory trends. He actively conducts on-chain asset management and research. He has authored and supervised hundreds of articles, spoken at conferences in Japan and abroad, served as a DeFi investment seminar instructor, and operated KOL ambassador programs.
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