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

The week of January 18-24, 2026, generated $381.79 million in crypto VC funding across 13 projects, with BitGo’s $212.8 million IPO leading.

Summary

• Crypto VC funding hit $381.79M across 13 projects during Jan 18–24, 2026.
• BitGo led the week with a $212.8M IPO, accounting for over half of funding.
• Superstate and ZBD followed with $82.5M and $40M raises respectively.

Here’s a look into this week’s crypto funding activity as per Cryptofundraising data.

BitGo

• BitGo raised $212.80 million through IPO
• The project has raised $382.3 million so far
• BitGo is a digital asset security company

Superstate

• Secured $82.50 million in a Series B round
• Superstate is an asset management firm
• Backed by Bain Capital Crypto, Schonfeld Global, and Haun Ventures
• Superstate has raised a total of $100.5 million

ZBD (Zebedee)

• Raised $40 million in a Series C round
• Backed by Blackstream
• ZBD is a global Web3 payment service provider for gaming
• The project has raised $87.3 million so far

River (ex Satoshi Protocol)

• Gathered $12 million in a strategic round
• River is building a chain-abstraction stablecoin system
• Investors include Tron, Justin Sun, and Maelstrom
• River has raised $14 million so far

Finst

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

Cork Protocol

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

Funding under $5 million

• Akedo, $5 million in a seed round
• Bitway (ex Side protocol), $4.44 million in a seed round with $50 million FDV
• Warden, $4 million in a strategic round with $200 million FDV
• Immunefi, $2.50 million in a public sale
• HyperLend, $1.70 million in an unknown round
• Pan Network, $1 million in an unknown round
• Bitway (ex Side protocol), $1 million in a public sale