Crypto VC Funding Hits $478.9M; Paribu Leads with CoinMENA
The week of November 30 to December 6, 2025, recorded $478.9 million in crypto VC funding across 18 projects. Summary Weekly crypto VC funding hit $478.9M across 18 projects. Paribu’s $240M CoinMENA acquisition…
Week overview (Nov 30–Dec 6, 2025)
Total crypto VC funding for the week: $478.9 million across 18 deals. The largest item was Paribu’s acquisition of CoinMENA for up to $240 million, which dominated the period.
Top highlights
- Paribu / CoinMENA: Paribu acquired CoinMENA in a deal worth up to $240 million (M&A). CoinMENA has now raised $249.5 million to date.
- N3XT: $72 million raised in an undisclosed round. Backers include Paradigm, Hack VC, and Winklevoss Capital. N3XT provides programmable real-time settlement services.
- Canton Network (Digital Asset): $50 million strategic round with participation from BNY Mellon, iCapital, and Nasdaq. The public layer-1 has raised $447.2 million to date.
- Portal: $25 million in an undisclosed round; JTSA Global among backers. Bitcoin-based DEX; $117.5 million raised to date.
- Ostium Labs: $20 million Series A at a fully diluted valuation of $250 million. Investors include General Catalyst, Jump Trading, and Coinbase Ventures. Maker of the Ostium perpetual exchange.
- Fin (ex TipLink): $17 million in an undisclosed round. Backers include Pantera, Sequoia, and Samsung Next. Stablecoin-based, enterprise-grade payments platform.
- BitStack: $15 million Series A. French Bitcoin savings app backed by 13books, North Island Ventures, and Plug and Play.
Smaller rounds (under $15M)
- Zoo Finance (ex IndexZoo): $10 million (strategic round).
- Ranger: $6 million (public sale); $15.38 million fully diluted valuation.
- Axis: $5 million (private round).
- Altura: $4 million (seed round).
- Reya Network: $3 million (public sale); $150 million fully diluted valuation.
- TrueNorth: $3 million (pre-seed).
- DeepNode AI: $3 million (strategic round; $75 million FDV) and $2 million (seed; $25 million FDV).
- LayerBank: $2.3 million (pre-seed).
- Haiku: $1 million (pre-seed).
- Harmonix Finance: $600,000 (public sale); $25 million fully diluted valuation.
Summary
- Week total: $478.9M across 18 projects.
- Largest transaction: Paribu’s $240M acquisition of CoinMENA.
- Notable venture financings: N3XT ($72M), Canton Network ($50M), Portal ($25M), Ostium Labs ($20M), Fin ($17M), BitStack ($15M).
For context, compare this week’s figures with the previous week’s crypto VC funding report.