From 22 to 28 August, eight encryption and block chain companies disclosed a total of $184.1 million in new financing. It has been disclosed that the main financial flows have been to market infrastructure, stable currency banks, chain transactions and monetization-related operations, with RQD* Clearing and Fasset having the bulk of the two transactions.
RQD* takes the biggest amount this week.
RQD* Clearing, based in New York, received $74 million in minority equity growth investments, with the participation of the Bain Capital Tech Opportunities and the ABN AMRO Clearing Bank and Nyca Partners.
RQD* mainly provides clearing, hosting and technical services to voucher dealers, registered investment advisers and offshore financial institutions to facilitate their access to the United States market. The company indicated that the funds would be used for product development and to facilitate its expansion in the United States, Europe and Asia.
The company also plans to build a digital asset and monetized securities infrastructure, with the objective of enabling financial institutions to host block-chain-based assets and interface with existing liquidation systems. This transaction represents approximately 40 per cent of the total amount of financing disclosed during the week.
Fasset valuation to $1 billion.
Fasset, a stable currency banking platform, completed $68 million in C rounds of financing, with a post-trading valuation of $1 billion, led by the Japan SBI Group. Previously, Fasset had completed the $51 million B round of financing in May.
After two rounds of financing combined, Fasset disclosed that it had reached $119 million in 2026. The company provides stable currency payments, tokenized assets and digital banking services in 125 countries.
Fasset indicated that the new funds would be used to expand payment networks, develop AI-based financial instruments and, together with SBI, to advance its digital banking project in Malaysia. Although the company announced the current round of finance in Los Angeles, its expansion focused on emerging markets and cross-border payments.
Institutional funds continue to flow to monetization and chain transactions
Hivemind Digital Group completed $17 million in strategic financing, with M&G Investments. CPIC Investment Management Hong Kong, ZA Bank, FalconX and Sonic Boom Ventures participated. According to the company, the funds will be used for monetization infrastructure, institutional cooperation and investment related to digital assets.
Entropy completed 14 million US dollars in equity financing, with the Ribbit Capital taking the lead. The company did not disclose the valuation or other equity investors. Entropy received an additional $40 million in HYPE pledge support, but this portion is not included in the total amount of the current week ' s financing.
Entropy builds the market based on the Hyperliquid HIP-3 system, whose first product provides an open market for the valuation of the Anthropic private market through a lasting contract. The team stated that the follow-up would also expand to more markets, such as private companies, equities, commodities and the development of pricing and liquidity tools that lacked consistent public offer assets.
Of the remaining disclosures, City Protocol received $4 million, Chomp financed $3.6 million, Oro received $3 million and XStable received $0.5 million. FinTax and TermMax also disclosed strategic investments but did not disclose specific amounts and were therefore not included in the total for the current week.