FxWirePro- 90 Days in Crypto: Launches & Funding

Biggest Funding Round

Kalshi

Prediction Markets

Investors: AI6Z, COATL, and others

Stage | Date: Series F | May 21

Funds Raised: $1.20 billion

Biggest Token Launch

Re [RE]

Public Sale Valuation: $50M

ROI: 13.8x

Market Cap: $110 million

Current FDV: $688 million

Biggest M&A

Bullish

Exchange

Date: May 5, 2026

Acquired: Equinity (Transfer Agent)

Deal Value: $4.20 billion

Biggest New DeFi Protocol

Saturn

Stablecoin Wrapper

Private Funding: $2.8M

Revenue (Annualized): $2.98 million

Current TVL: $172 million

Biggest Network Launch

Fluent

Layer 2

$FLUENT FDV | MC: $58.3M | $11.7M

DEX Volume, 30D: $10.9 million

Current TVL: $24.2 million

Most Active Fund

Coinbase Ventures

Biggest Funding Round: Canton Network — $335 million

Preferred Stage: Strategic

Q2 Funding Rounds: 16 rounds