Crypto VC Funding: BitGo leads with $212.8m IPO, Superstate bags $82.5m

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Source: Cryptonews Original Title: Crypto VC Funding: BitGo leads with $212.8m IPO, Superstate bags $82.5m Original Link:

Overview

Crypto VC funding reached $381.79 million across 13 projects during January 18-24, 2026. BitGo led the week with a $212.8 million IPO, accounting for over half of the total funding. Superstate and ZBD followed with $82.5 million and $40 million raises respectively.

Major Funding Rounds

BitGo

  • Raised $212.80 million through IPO
  • Total raised to date: $382.3 million
  • A digital asset security company

Superstate

  • Secured $82.50 million in Series B round
  • An asset management firm
  • Backed by Bain Capital Crypto, Schonfeld Global, and Haun Ventures, alongside other investors
  • Total raised to date: $100.5 million

ZBD (Zebedee)

  • Raised $40 million in Series C round
  • Backed by Blockstream Capital Partners
  • A global Web3 payment service provider for gaming
  • Total raised to date: $87.3 million

River (ex Satoshi Protocol)

  • Gathered $12 million in strategic round
  • Building a chain-abstraction stablecoin system
  • Investors include Tron, Justin Sun, and Maelstrom
  • Total raised to date: $14 million

Finst

  • Raised $9.35 million in Series A round
  • Backed by Endeit
  • A Netherlands-based cryptocurrency exchange

Cork Protocol

  • Secured $5.50 million in seed round
  • Investors include Road Capital, CSX, and Collab

Other Notable Funding

  • Akedo: $5 million in seed round
  • Bitway (ex Side protocol): $4.44 million in seed round with $50 million FDV
  • Warden: $4 million in strategic round with $200 million FDV
  • Immunefi: $2.50 million in public sale
  • HyperLend: $1.70 million in unknown round
  • Pan Network: $1 million in unknown round
  • Bitway (ex Side protocol): $1 million in public sale
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TheShibaWhisperervip
· 12h ago
BitGo's IPO this time is truly outrageous, soaring directly to 212.8 million, it feels like the entire market has come alive.
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WenMoon42vip
· 22h ago
BitGo's IPO this time is indeed fierce, with 212.8M directly crushing the competition... But speaking of which, the 82.5M from SuperState isn't insignificant either. Does it feel like overall funding is warming up this year?
View OriginalReply0
VitalikFanboy42vip
· 22h ago
BitGo's funding amount is really outrageous, with 212.8M taking off directly. Other projects are getting beaten down.
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GasFeeBarbecuevip
· 22h ago
BitGo's $212.8M IPO is indeed impressive, but it seems like those subsequent projects are getting a bit overwhelmed...
View OriginalReply0
GhostInTheChainvip
· 22h ago
BitGo directly went public and raised $212.8M, truly impressive... The traditional VC approach is also popular in the Web3 space.
View OriginalReply0
DAOdreamervip
· 22h ago
BitGo's IPO this time is really aggressive, with over 200 million directly invested. I just want to know if they can sustain this valuation in the future.
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