Amount$25M
SeriesRegistered Direct Offering
AnnouncedMar 24, 2026
SectorCryptocurrency
RegionUSA
Solid
A solid round with healthy fundamentals.
Round size vs peers
In line with the typical Registered Direct Offering round.
Syndicate size
Single investor — limited external validation.
Insider conviction
All-new money — no prior investors re-upped.
Investor track record
Mostly newer or unproven managers.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
vs. Registered Direct Offering rounds (6)
Round size distribution50th pct
smaller Registered Direct Offering roundslarger
