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Raises
Crypto Investments by Bullish
Total Investments10
DeFi3
RWA2
Liquid Staking Protocol2
Web31
L11
DePIN1
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| Name | Round | Category | Description | Lead Investor | Chains | Other Investors | |||
|---|---|---|---|---|---|---|---|---|---|
| Anvil | Oct 6, 2026 | $5m | Public token sale | DeFi | Anvil 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 loan | Founders Fund | Pantera Capital, Theta Blockchain Ventures, Bullish, Protoscale Capital, Robert Leshner, Rene Reinsberg, Mike Cahill | ||
| Deadstock | Sep 14, 2026 | $2.5m | Seed | RWA | Onchain marketplace and liquidity infrastructure for tokenized physical trading cards, linking professionally custodied collectibles one-to-one with digital ownership on Arbitrum | Bullish | |||
| Blueprint Finance (Concrete) | Aug 19, 2026 | Strategic | DeFi | Concrete 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 tooling | Polychain Capital | Bullish, KeyRock, BitGo, FalconX, G-20 Group, Flowdesk, JPEG Trading, Sentient Capital, Andes, 2Square | |||
| Arc blockchain | May 11, 2026 | $222m | Private Round | L1 | Arc 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 transfer | a16z crypto | $3b | BlackRock, Intercontinental Exchange, Apollo Global Management, SBI Holdings, General Catalyst, SC Ventures, Marshall Wace, Ark Invest, IDG Capital, Haun Ventures, Bullish | |
| Superstate | Jan 22, 2026 | $82.5m | Series B | RWA | Superstate 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 SEC | Bain Capital, Distributed Global | Haun Ventures, Brevan Howard Digital, Galaxy Digital, Sentinel Global, Hypershere, Bullish, Flowdesk | ||
| USD AI | Sep 22, 2025 | $4m | DeFi | USD.AI is a yield-bearing synthetic dollar protocol backed by real-world infrastructure assets | Bullish | ||||
| Wingbits | Jan 21, 2025 | $5.6m | Strategic | DePIN | The first-ever DePIN for aviation | Borderless Capital, Bullish | Antler, Tribe Capital, The Spartan Group, Heartcore Capital, SNZ Holding | ||
| Babylon | May 30, 2024 | $70m | Private | Liquid Staking Protocol | Bitcoin Staking Protocol | Paradigm | Polychain Capital, Bullish, HashKey Capital, Mantle Ecosystem, Galaxy, Hack VC, ViaBTC Capital, Amber Group, imToken, Breyer Capital, IOSG, HTX Ventures, LD Capital | ||
| ether.fi | Feb 28, 2024 | $27m | Series A | Liquid Staking Protocol | Native liquid restaking on Ethereum | CoinFund, Bullish | 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 | ||
| Nonco | Dec 8, 2023 | $10m | Seed | Web3 | Digital asset brokerage firm | Valor Capital, Hack VC | Morgan Creek Digital, CMCC Global, Lvna Capital, Theta Capital, Libra Capital Ventures, Bastion Trading, Bullish |