BULL RUN CONFIRMED: Crypto vc funding paribu acquires coinmena for m - Investors Panic Selling!

UPDATED: Wed, 24 Dec 2025 00:17:00 GMT
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Crypto VC Funding: Paribu acquires CoinMENA for $240m, N3XT bags $72m

Anthony Patrick
Edited by
News
Crypto VC funding, Paribu acquires 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 dominated this week’s deals.
  • N3XT, Canton Network, and Portal secured major multi-million raises.

As per the data, Turkish digital asset platform Paribu’s $240 million acquisition of CoinMENA led the funding period.

Here’s a comprehensive breakdown of this week’s crypto funding activity as per Cryptofundraising data:

CoinMENA

  • CoinMENA acquired for $240 million through M&A
  • The cryptocurrency exchange was acquired by Paribu
  • The exchange has raised $249.5 million so far

N3XT

  • Raised $72 million in an unknown round
  • The investment was backed by Paradigm, Hack VC, and Winklevoss Capital
  • N3XT is a financial institution offering programmable real-time settlement

Canton Network (Digital Asset)

  • Canton Network bagged $50 million in a strategic round
  • Investors include BNY Mellon, iCapital, and Nasdaq
  • The public Layer‑1 blockchain has raised $447.2 million so far

Portal

  • Portal raised $25 million in an unknown round
  • Backed by JTSA Global
  • The Bitcoin-based DEX has raised $117.5 million so far

Ostium Labs

  • Secured $20 million in a Series A round
  • Fully diluted valuation of $250 million
  • Investors include General Catalyst, Jump Trading, and Coinbase Ventures
  • Ostium Labs is behind the perpetual exchange Ostium

Fin (ex TipLink)

  • Fin raised $17 million in an unknown round
  • Backed by Pantera, Sequoia, and Samsung Next
  • Fin is a stablecoin-based, enterprise-grade payment platform

BitStack

  • Secured $15 million in a Series A round
  • Bitstack is a French Bitcoin savings app
  • Investors include 13books, North Island Ventures, and Plug and Play

Projects Under $15 Million

  • Zoo Finance (ex IndexZoo), $10 million in a strategic round
  • Ranger, $6 million in a public sale with $15.38 million fully diluted valuation
  • Axis, $5 million in a private round
  • Altura, $4 million in a seed round
  • Reya Network, $3 million in a public sale with $150 million fully diluted valuation
  • TrueNorth, $3 million in a pre-seed round
  • DeepNode AI, $3 million in a strategic round with $75 million fully diluted valuation
  • LayerBank, $2.30 million in a pre-seed round
  • DeepNode AI, $2 million in a seed round with $25 million fully diluted valuation
  • Haiku, $1 million in a pre-seed round
  • Harmonix Finance, $600,000 in a public sale with $25 million fully diluted valuation

Read last week’s crypto VC funding data here.