Crypto VC funding: RQD* raises $74M, Fasset gets $68M

Crypto and blockchain companies disclosed $184.1 million across eight funding rounds between Aug. 22 and Aug. 28, led by RQD* Clearing’s $74 million growth investment. Summary Eight crypto and blockchain projects disclosed a combined $184.1 million in new financing. RQD* Clearing secured a $74 million minority growth investment led by Bain Capital. Fasset raised $68 million in Series C funding at a $1 billion valuation. Hivemind Digital Group completed a $17 million strategic round led by M&G Investments. Infrastructure, stablecoin banking, and onchain trading attracted most of the disclosed capital. Stablecoin neobank Fasset followed with a $68 million Series C that valued the company at $1 billion. Hivemind Digital Group and Entropy completed the next-largest raises, while five of the eight disclosed deals involved crypto market infrastructure, onchain finance, or tokenized assets. Funding data came from DropsTab, CryptoRank, Crypto Fundraising, and official announcements issued during the reporting period. The weekly total excludes undisclosed rounds, valuations, cumulative funding figures, acquisitions, and capital announced outside the seven-day window. RQD* Clearing secur...