Follow Web3 news and funding trends with our daily updated dashboard on startups and investment in the Web3, crypto and blockchain sectors, based on Crunchbase’s comprehensive data.
Last updated: 09/06/2026
Eleven companies joined The Crunchbase Unicorn Board in April 2024 — a big jump up from the six companies that joined in April 2023 but still a fraction of the 40 added to the board in April 2022.
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The Web3 Tracker is a one-stop shop for following Web3 trends, news and data about venture funding and leading investors in the sector.
Web3 refers to the next evolution of the internet primarily built on blockchain technology. While the concept has been around for just under a decade and didn’t enter mainstream usage until a few years ago, the Web3 sector has attracted more than $100 billion in investment, Crunchbase data shows.
Web3: A brief history
Whereas Web 1.0 represents the early days of the internet and its static, heavy content-related nature, Web 2.0 was the maturation of that into a more user-generated network that brought about more utility, sharing and interactivity.
Web3 could be the most significant step yet. The term was coined by Ethereum co-founder Gavin Wood in 2014 and refers to moving the internet toward decentralized technologies with the promise of increased transparency and accessibility. Proponents say the shift toward Web3 will make the internet open to more innovative technologies and shift power away from large tech companies.
Web3 is an umbrella term used to describe a new iteration of the Internet that’s primarily built on blockchain technology.
While the Internet of today—or Web2—primarily focuses on user generated content, social networking and cloud computing, Web3’s core focus is on decentralization, transparency and accessibility. The technology ushering in this new era was created in response to the centralized nature of the Internet and the perception that a handful of large corporations control what is and isn’t allowed on the web. Web3 proponents say it puts the power back into the hands of users and creates a more open, transparent and accessible Internet ecosystem.
A few examples of Web3 companies in the U.S. include Alchemy, a developer platform that helps companies build reliable decentralized applications; Polygon, a platform for Ethereum scaling and infrastructure development; and Chainlink, a startup that’s focused on making it easier for traditional data sources, such as APIs, to connect with blockchain technology.
The top three Web3 startups by total funding are Block.one, with $4.1 billion raised; Bitstocks Trading Limited, with £1.5 billion ($1.8 billion) raised; and FTX Exchange, with $1.7 billion raised.
The top three startups in the Web3 ecosystem with the highest valuations are FTX Exchange, valued at $32 billion; Blockchain.com, valued at $14 billion; and OpenSea, valued at $13.3 billion.
While Web3 isn’t a technology, there have been innovations created based on what the concept represents: a decentralized internet. An NFT, or non-fungible token, is an example of one such innovation. NFTs allow individuals to claim ownership over digital art and other assets. For example, if you’re an artist, you can turn an art piece into an NFT and sell it on a marketplace like OpenSea. To purchase the NFT, an individual might pay you 5 Ether for ownership rights. Your newly acquired Ether coins could then increase (or decrease) in value based on demand and market conditions.
A cryptocurrency is a digital currency that’s tradeable and uses cryptography to secure transactions. To create more transparency, these transactions are primarily stored on the blockchain, making them completely traceable.
There are a wide variety of cryptocurrencies, each with its own use case. For example, Bitcoin is considered a store of value. Stellar Lumens (also known as XLM), the token created by the Stellar Development Foundation, was created to help individuals transfer money quickly. These cryptocurrencies, and many like them, can be used for things like investing and making purchases.
Note: please do your research before investing in any cryptocurrency or digital asset.
No. Web3 is the name used to describe the innovations that blockchain technology has given rise to. Cryptocurrency is the digital currency used within the blockchain ecosystem.
To understand how Web3 works, first you need to know the basics of blockchain technology. The blockchain is a distributed database, or ledger, that’s not owned by any one entity (decentralization). It stores information, such as cryptocurrency transactions, in a digital format that can’t be edited or deleted (transparency). This information is stored in a “block” that connects to other blocks when it reaches storage capacity limits, creating a chain. Hence the name blockchain.
With the transparent and decentralized nature of the blockchain, developers are now building a new wave of innovative applications that leverage this technology; what is now known as Web3.
Yes. Our Web3 Tracker is a public resource. We do ask that you please cite Crunchbase as the data source and include a link to the Web3 Tracker when possible. For additional press inquiries, email press@crunchbase.com.
Please reach out to support@crunchbase.com if your company’s data needs to be updated or if something is missing.
All of our Web3 news and trends coverage is here.
Félix
$1B
Félix is a chat-based platform that enables Latinos in the US to send money abroad. We combine Blockchain and Artificial Intelligence to disrupt how remittances are done today and build the future of cross-border payments.
Miami, United States, North America
Number of Acquisitions 0
Total Funding Amount $187M
Fasset
$1B
Fasset is a digital banking and financial platform offering interest-free saving, investing, spending, and money transfer services. Its platform provides multi-currency accounts, global debit cards, instant settlements, and access to investments in crypto, stocks, funds, and commodities. Fasset also offers business banking, API services, and over-the-counter trading solutions, with infrastructure powered by blockchain technology.
Dubai, United Arab Emirates, Asia
Number of Acquisitions 0
Total Funding Amount $146M
FalconX
$8B
FalconX is a digital assets prime brokerage that provides trading, financing, and custody services tailored for financial institutions. The company focuses on facilitating access to global liquidity in the cryptocurrency market. FalconX employs data science techniques to enhance trade execution and optimize efficiency for its clients. The platform supports a range of digital asset transactions, enabling institutions to manage their investments effectively. By offering comprehensive solutions in the digital asset space, FalconX meets the needs of institutional clients seeking to navigate the complexities of cryptocurrency trading and management.
San Mateo, United States, North America
Number of Acquisitions 3
Total Funding Amount $474M
Velaura AI
$1B
Velaura AI develops ultra-low-power computing technology for artificial intelligence applications across cloud, edge, and physical environments. The company provides AI compute solutions designed to reduce power consumption while supporting data center scalability and operating efficiency. Its technology also supports edge AI applications by enabling local processing for responsiveness, autonomy, and deployment across connected devices. For physical and embodied AI, Velaura AI focuses on energy-efficient computing that can extend battery life and support continuously operating intelligent systems. The company also provides resources covering its technology, applications, and developments in AI computing.
Santa Clara, United States, North America
Number of Acquisitions 0
Total Funding Amount $399M
Augustus
$1B
Augustus builds an AI-native, stablecoin-based clearing and banking platform for financial institutions. The company focuses on enabling digital asset and stablecoin-based clearing to support payments and banking workflows. Its platform is designed for banks, fintechs, and other regulated financial institutions that require infrastructure for digital asset transactions. Augustus integrates artificial intelligence into its systems to support automated processes and decisioning around payments and clearing. The company positions its offerings as core banking and payments infrastructure centered on digital assets rather than traditional legacy systems.
San Francisco, United States, North America
Number of Acquisitions 0
Total Funding Amount $249M
Ripple
$40B
Ripple provides one frictionless experience to send money globally using the power of blockchain. It offers a global real-time payment system that enables banks and financial institutions around the world to directly transact with each other without the need for a central correspondent. The company also offers FX Market Making, a solution enabling enterprises to gain access to cross-currency liquidity through a distributed network that allows foreign exchange to be externally sourced from a competitive FX marketplace or an internal FX trading desk. This minimizes FX exposure thereby lowering the volatility and counter-party risk of trades. Ripple Insights features industry updates, insider perspectives, and in-depth market analysis.
San Francisco, United States, North America
Number of Acquisitions 8
Total Funding Amount $794M
OKX
$25B
OKX is a global digital-asset platform that provides cryptocurrency trading and investment services, including spot and derivatives markets, staking and other earning products, peer-to-peer trading, and Web3 tools such as a self-custody wallet and access to decentralized applications.
Mahé, Seychelles, Africa
Number of Acquisitions 0
Total Funding Amount $210M
Crypto.com
$20B
Founded in 2016, Crypto.com is trusted by millions of users worldwide and is the industry leader in regulatory compliance, security and privacy. Our vision is simple: Cryptocurrency in Every Wallet™. Crypto.com is committed to accelerating the adoption of cryptocurrency through innovation and development of new use cases including prediction markets and tokenized RWAs.
Singapore, Singapore, Asia
Number of Acquisitions 11
Total Funding Amount $400M
Polymarket
$15B
Polymarket enables participants to buy and sell shares that represent the probability of specific outcomes, with prices ranging between zero and one dollar to reflect market expectations. Trades occur in a peer-to-peer order book where users transact directly with one another rather than with a central counterparty. Polymarket uses USDC.e as collateral and represents positions as conditional tokens that are settled through smart contracts on the Polygon blockchain. Event outcomes are resolved through a decentralized oracle process that verifies results before distributing payouts to holders of winning shares. The platform uses a non-custodial model where participants maintain control of their assets through personal wallets while all transactions and positions remain publicly verifiable onchain.
New York, United States, North America
Number of Acquisitions 4
Total Funding Amount $2B
Trade Republic
$15B
Trade Republic is a mobile-only and commission-free broker that brings the opportunity to invest easily. The company works as a broker for a new generation for a more mobile, more intuitive, faster - and permanently free of commission. Trade Republic was founded in 2015 and based in Berlin, Germany.
Berlin, Germany, Europe
Number of Acquisitions 0
Total Funding Amount $1B
ANote Music
$19M
ANote Music is the European leading platform to buy, sell and earn music royalties. Through the primary and secondary market, anybody can invest in music unlock earnings from a timeless asset class.
Luxembourg, Luxembourg, Europe
Number of Acquisitions 0
Total Funding Amount $5M
MultichainZ
$40M
The platform ships through three surfaces. Agent Studio (agent.multichainz.com), built on Base, lets users deploy AI agents such as the Stable Yield Router, Collateral Guardian, Harvest + Auto-Compound, and Delta-Neutral Yield with a bring-your-own-model design and human-in-the-loop consent. Plug, an MCP + REST gateway, gives developers a single integration point to equip any agent with wallets, payments, and on-chain actions. Under the hood, MultichainZ combines ERC-4337/7702 session wallets with spend caps, ERC-8004 agent identity, x402 machine-to-machine USDC payments, and EIP-712 consent signing, monitored by Sentinel agents. Revenue is USDC-denominated with $CHAINZ staking unlocking discounts and governance. Backed by Horizon Ventures, PanCrypto, and Bluechips Capital, MultichainZ (AS LABS Pte Ltd) is headquartered in Singapore with operations in London and is led by founder and CEO Sash Jeetun, a Web3 builder and investor since 2013.
Singapore, Singapore, Asia
Number of Acquisitions 0
Total Funding Amount $35M
Ego Blockchain
$20M
Ego is a quantum-safe Layer-1 blockchain written in Rust that rewards participants for contributing physical infrastructure rather than for solving arbitrary computational puzzles. Nodes earn EGOC by providing three measurable resources: encrypted file storage, verified wireless coverage, and CPU/GPU compute capacity. Each is validated cryptographically — storage through Proof of Replication and Proof of Spacetime challenges, coverage through witness-attested reports across distinct geographic cells, and compute through on-chain escrow tied to provider uptime. Consensus is HotStuff-style BFT requiring a two-thirds supermajority, giving finality in seconds rather than probabilistic confirmations. The network is accessed through Ego Desktop, a native application for Windows, macOS and Linux that runs a full node while also serving as a non-custodial wallet, encrypted storage client, peer-to-peer messenger, and development environment for smart contracts.
Calgary, Canada, North America
Number of Acquisitions 0
Total Funding Amount $0
Labs
$140M
Labs Companies, Inc. (branded and doing business as Labs) is an American global frontier intelligences supercompany that develops and operates human-enhancement technologies across a family of research labs. Headquartered in Santa Monica, California, Labs was established in 2025 through the restructuring of LavLabs Inc., and serves as the parent company of a multilabs ecosystem advancing the 7 Frontier Intelligences™: Superintelligence, Spatial Intelligence, Distributed Intelligence, Financial Intelligence, Science Intelligence, Experiential Intelligence, and Physical Intelligence. Labs operates through seven Core Labs: Labsintelligence, Labs Realities, Labs Blocks, Labs Crypto, LabsX, LavLabs, and Labsintuition. Together, these labs develop products, services, platforms, and technologies (PSPTs) designed to expand human capabilities across artificial intelligence, immersive computing, digital economies, scientific discovery, consumer experiences, and intelligent physical systems. The company also operates a family of Cluster Labs focused on investment, finance, media, entertainment, education, entrepreneurship, real estate, and ecosystem development. These include Labs Financial Group, Labs Investor Group, Labs Realty Group, Labs Studio Group, Labs Health Group, Labs Entertainment Group, and Labs Media Group. Labs' inaugural flagship brand is Yuhmmy, a Social-Taste Superbrand™ and ecosystem focused on discovering, experiencing, and sharing anything tasty. Through products including the Yuhmmy App, Tastechat, Taste Sports, Taste Drops, Cravecash, YuhmmyAI, and Yuhmmy AR/VR, Yuhmmy advances the emerging Tasteconomy through its proprietary Tasteintelligence framework. Inspired by the spirit of chemistry and experimentation, the name Labs reflects a commitment to innovation, while its test-tube emblem, Chemí (/kim-me/), symbolizes creativity, discovery, and human progress. Labs' purpose is to elevate possibility through design, intelligence, and shared imagination to expand human potential. Its mission is to inspire creativity to shape futures that strengthen communities and advance human capabilities. Its vision is to accelerate the evolution of embodied existence by unlocking human capacity through Frontier Intelligences. Through its Core Labs, Cluster Labs, and ecosystem of brands, Labs is building technologies that connect the digital and physical worlds while advancing the future of human enhancement. Through Labs Foundations, the company supports sustainability, STEAM education, and scholarships for underserved communities via 5227.org and Lifthumankind.org, committing 1% of proceeds, products, equity, and resources through the Pledge 1% movement.
Santa Monica, United States, North America
Number of Acquisitions 0
Total Funding Amount $29M
HIFI
$36M
HIFI is a next-generation payments infrastructure platform. The company powers a suite of modern payment APIs to enable businesses to move money faster on a global scale for the next chapter of the internet. Our payment rails powers businesses to move money instantly with near-zero cost to enhance cash flow, reduce inefficiencies, increase visibility, and combat fraud. Zach Walsh and Mohamed Afifi founded the company in New York City in 2022.
New York, United States, North America
Number of Acquisitions 0
Total Funding Amount $30M
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