Exchanges· ★★★· neutral·

Crypto-linked firms raise $1.76B in week led by Tenstorrent's $1.5B round

  • —Tenstorrent closed a $1.5 billion Series E at a $6.2 billion post-money valuation, with Tether Investments among participants
  • —Whop raised a $200 million Series D led by Sequoia and Shopify Ventures at a $5.1 billion valuation
  • —Robinhood Ventures Fund I disclosed a $30 million preferred-stock investment in Erebor Bank
  • —Mural raised a $15 million Series A led by Tether, bringing cumulative funding to $28 million
Why it matters: Tenstorrent accounted for about 85% of the weekly total, highlighting how crypto investors are increasingly backing AI infrastructure rather than blockchain-native startups.
Source: crypto.news