Crypto venture capital activity held steady during the first week of February. Between Feb. 1 and Feb. 7, 2026, projects across the sector raised about $251.9 million in total funding, spread across 12 deals, according to Cryptofundraising data.
Most of the capital came from just two transactions. A strategic investment into Anchorage Digital and a late-stage raise by blockchain intelligence firm TRM Labs made up the majority of the week’s total, showing that investors remain focused on regulated infrastructure and compliance-focused platforms, even as broader market conditions stay uncertain.
Anchorage Digital Raises $100M in Strategic Round
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Anchorage Digital accounted for the largest raise of the week after securing $100 million in a strategic investment led by stablecoin issuer Tether. The company runs a regulated crypto platform and works with institutional clients across custody, staking, and digital asset banking.
Following the round, Anchorage Digital’s total funding now stands at roughly $587 million. The raise further strengthens its position among the most well-funded firms serving institutional crypto clients.
TRM Labs Closes $70M Series C
TRM Labs followed with a $70 million Series C round, giving the blockchain intelligence company a fully diluted valuation of $1 billion. Investors in the round included Blockchain Capital, CMT Digital, and Goldman Sachs.
The firm develops compliance and risk monitoring tools used by exchanges, government agencies, and financial institutions. With this round completed, TRM Labs’ total funding has climbed to around $219.9 million.
Additional Funding Activity Across the Market
Outside the two largest deals, several other projects also raised meaningful capital during the week.
Jupiter, a decentralized exchange aggregator on Solana, raised $35 million through a strategic round during the week.
Bluff followed with a $21 million raise. The social betting and entertainment platform brought in funding from firms such as 1kx and Makers Fund as part of the round.
Opinion closed a $20 million Series A round, with investors including Hack VC, Jump, and Primitive taking part.
Relay Protocol, which also operates under the name Reservoir, added $17 million in Series B funding. Archetype and Union Square Ventures were among the investors involved.
Smaller Early-Stage Rounds
Alongside the larger deals, several early-stage projects raised more modest amounts below the $5 million mark. These included Ruvo, Hurupay, Kairos, Plutus, Penguin Securities, and Bitte, which is linked to the Mintbase ecosystem.
Taken as a whole, funding activity in early February shows that venture capital has not dried up in crypto. Capital is still moving, but it is being directed toward infrastructure, compliance-focused tools, and Solana-based projects rather than higher-risk consumer speculation.
