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Raises

Crypto Investments by Bullish

Total Investments10

DeFi3

RWA2

Liquid Staking Protocol2

Web31

L11

DePIN1

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NameRoundCategoryDescriptionLead InvestorChainsOther Investors
AnvilOct 6, 2026$5mPublic token saleDeFiAnvil is an Ethereum collateral protocol that lets users reserve digital assets as verifiable guarantees for financial commitments such as payments and credit without requiring a loanFounders Fund
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Pantera Capital, Theta Blockchain Ventures, Bullish, Protoscale Capital, Robert Leshner, Rene Reinsberg, Mike Cahill
DeadstockSep 14, 2026$2.5mSeedRWAOnchain marketplace and liquidity infrastructure for tokenized physical trading cards, linking professionally custodied collectibles one-to-one with digital ownership on ArbitrumBullish
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Blueprint Finance (Concrete)Aug 19, 2026StrategicDeFiConcrete is a full-stack DeFi vault infrastructure platform that enables institutions, protocols, asset issuers, and capital allocators to deploy and manage onchain strategies with automated execution, accounting, risk controls, and quantitative strategy toolingPolychain Capital
Bullish, KeyRock, BitGo, FalconX, G-20 Group, Flowdesk, JPEG Trading, Sentient Capital, Andes, 2Square
Arc blockchainMay 11, 2026$222mPrivate RoundL1Arc is a stablecoin-native Layer 1 blockchain developed by Circle for institutional financial applications. It uses USDC-denominated gas, sub-second finality, configurable privacy, and native stablecoin infrastructure to support payments, tokenized assets, capital markets, FX settlement, and autonomous value transfera16z crypto$3b
BlackRock, Intercontinental Exchange, Apollo Global Management, SBI Holdings, General Catalyst, SC Ventures, Marshall Wace, Ark Invest, IDG Capital, Haun Ventures, Bullish
SuperstateJan 22, 2026$82.5mSeries BRWASuperstate is an asset management firm that uses blockchain technology to issue tokenized investment products. It focuses on improving efficiency and transparency in asset management and has filed an Ethereum-based open mutual fund tied to short-term U.S. government bonds with the SECBain Capital, Distributed Global
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Haun Ventures, Brevan Howard Digital, Galaxy Digital, Sentinel Global, Hypershere, Bullish, Flowdesk
USD AISep 22, 2025$4mDeFiUSD.AI is a yield-bearing synthetic dollar protocol backed by real-world infrastructure assetsBullish
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WingbitsJan 21, 2025$5.6mStrategicDePINThe first-ever DePIN for aviationBorderless Capital, Bullish
Antler, Tribe Capital, The Spartan Group, Heartcore Capital, SNZ Holding
BabylonMay 30, 2024$70mPrivateLiquid Staking ProtocolBitcoin Staking ProtocolParadigm
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Polychain Capital, Bullish, HashKey Capital, Mantle Ecosystem, Galaxy, Hack VC, ViaBTC Capital, Amber Group, imToken, Breyer Capital, IOSG, HTX Ventures, LD Capital
ether.fiFeb 28, 2024$27mSeries ALiquid Staking ProtocolNative liquid restaking on EthereumCoinFund, Bullish
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Amber Group, Bankless Ventures, OKX Ventures, ConsenSys, Foresight Ventures, Fourth Revolution Capital, Punk Ventures DAO, White Star Capital, Relayer Capital, Collider Ventures, Lvna Capital, Draper Dragon, Arrington Capital, North Island Ventures, Chapter One, Version One Ventures, Node Capital, Stani Kulechov, Sandeep Nailwal, Defi Dad, Parallel, Will Price, leptokurtic, MrBlock
NoncoDec 8, 2023$10mSeedWeb3Digital asset brokerage firmValor Capital, Hack VC
Morgan Creek Digital, CMCC Global, Lvna Capital, Theta Capital, Libra Capital Ventures, Bastion Trading, Bullish