Exchanges· ★★★· bullish· October 17, 16:00

Incrypted: 23 crypto deals worth $492.5M in October 1–17

—Spiko raised $90M Series B led by NEA for tokenized RWA instruments
—Meanwhile secured $37.5M led by Bain Capital Crypto for bitcoin life insurance
—DATA Network took $30M from Sui Foundation with a 1:1 token migration
—Fission raised $10M Series A led by Pantera Capital

Why it matters: The scale of venture funding into RWA and stablecoin infrastructure shows where institutional capital is placing its Web3 bets.

Source: Incrypted

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