Crypto VC Sees Resurgence — Satsuma Raises $135M, QCEX Secures $
Amid persistent market volatility and macroeconomic uncertainty, venture capital is once again flowing into the crypto sector — and doing so with conviction. In recent weeks, two major players, Satsuma and QCEX, closed significant funding rounds, raising a combined $247 million. These deals signal a renewed appetite for Web3 and decentralized finance (DeFi) solutions, even as the broader market remains cautious.
Satsuma, a blockchain analytics and infrastructure startup, secured $135 million in its Series B round. According to insiders, leading investors include a16z Crypto, Polychain Capital, and Paradigm. The company focuses on developing high-performance tools for DeFi monitoring, on-chain risk management, and data analysis — solutions increasingly demanded by institutional clients.
Meanwhile, QCEX raised $112 million in a Pre-Series A round to accelerate the launch of its next-generation hybrid exchange. Targeting institutional traders, QCEX offers a dual-layer trading model that combines custodial infrastructure with decentralized security mechanisms. Investors include Galaxy Digital and several venture groups from the Middle East.
Why Do These Deals Matter?
Analysts say the return of venture capital to crypto is no longer driven by hype, but by fundamentals. Investors are now focusing on scalable, revenue-generating business models and robust technology stacks. After the fallout from FTX and the 2022–2023 market correction, due diligence is far more rigorous — and both Satsuma and QCEX meet these higher standards.
These funding rounds also create secondary market opportunities. Historically, successful VC deals have often preceded token launches or public offerings — opening the door for profitable early-stage investments. At BBDelta, we anticipate Satsuma may issue a utility token by 2026, while QCEX is already in talks with exchanges about potential listings.
The Bigger Picture
Crypto VC funding grew by 22% quarter-over-quarter, signaling the early stages of a new investment cycle. What’s notable is the shift in capital allocation: investors are moving away from purely speculative projects and into Web3 infrastructure, analytics, and compliance-focused platforms.
BBDelta believes this signals the arrival of "smart capital" — institutions betting not on short-term returns, but on long-term infrastructure that will underpin the next phase of crypto adoption.
Satsuma, a blockchain analytics and infrastructure startup, secured $135 million in its Series B round. According to insiders, leading investors include a16z Crypto, Polychain Capital, and Paradigm. The company focuses on developing high-performance tools for DeFi monitoring, on-chain risk management, and data analysis — solutions increasingly demanded by institutional clients.
Meanwhile, QCEX raised $112 million in a Pre-Series A round to accelerate the launch of its next-generation hybrid exchange. Targeting institutional traders, QCEX offers a dual-layer trading model that combines custodial infrastructure with decentralized security mechanisms. Investors include Galaxy Digital and several venture groups from the Middle East.
Why Do These Deals Matter?
Analysts say the return of venture capital to crypto is no longer driven by hype, but by fundamentals. Investors are now focusing on scalable, revenue-generating business models and robust technology stacks. After the fallout from FTX and the 2022–2023 market correction, due diligence is far more rigorous — and both Satsuma and QCEX meet these higher standards.
These funding rounds also create secondary market opportunities. Historically, successful VC deals have often preceded token launches or public offerings — opening the door for profitable early-stage investments. At BBDelta, we anticipate Satsuma may issue a utility token by 2026, while QCEX is already in talks with exchanges about potential listings.
The Bigger Picture
Crypto VC funding grew by 22% quarter-over-quarter, signaling the early stages of a new investment cycle. What’s notable is the shift in capital allocation: investors are moving away from purely speculative projects and into Web3 infrastructure, analytics, and compliance-focused platforms.
BBDelta believes this signals the arrival of "smart capital" — institutions betting not on short-term returns, but on long-term infrastructure that will underpin the next phase of crypto adoption.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.