Dogecoin Prediction Market Draws Focus as Crypto Sentiment Sits in Fear on Nov 2, 2026

Dogecoin Prediction Market Draws Focus as Crypto Sentiment Sits in Fear on Nov 2, 2026

by | Nov 2, 2026 | Opinion

A Dogecoin prediction market priced at 1am EST on November 2, 2026 is drawing attention as the broader crypto market trades cautiously, with total market value down 0.5% at $2.69 trillion, according to CoinGecko data cited by Coin Gabbar.

The Dogecoin prediction market arrives at a moment when sentiment is fragile. The Fear and Greed Index stood at 37 on November 2, a reading of Fear, up from 34 a day earlier but down 30 points from a month ago, Coin Gabbar reported.

The contract gives traders a way to take a position on where Dogecoin will print at a specific early-morning timestamp, and it does so against a defined benchmark rather than any single exchange's order book. That structure matters on a day when the market itself is sending mixed signals, with the two largest assets edging higher while overall value slips.

How the Dogecoin prediction market is priced

The price used to settle the Dogecoin prediction market is based on CF Benchmarks' corresponding Real Time Index, and Robinhood notes that not all cryptocurrency price data is the same.

Trading on the contract runs 24 hours a day, with a maintenance break from 3AM to 5AM ET on Thursday, according to Robinhood.

Event contracts are offered by Robinhood Derivatives, LLC through KalshiEX LLC, ForecastEX, LLC, Rothera Exchange and Clearing LLC, or North American Derivatives Exchange, Inc.

Because settlement references an index rather than a single venue, the outcome of the Dogecoin prediction market does not hinge on one exchange's pricing at the cutoff. Robinhood's disclosure that crypto price feeds can differ is a direct reminder that the benchmark, not any individual quote, decides the result.

Rules and risks for traders

Robinhood bars employees of any of the source agencies from trading the contract, and it also prohibits anyone holding material, non-public information on the underlying asset from participating.

The firm warns that trading in futures, options on futures and cleared swaps carries substantial risk and is not suitable for every investor.

Those restrictions are designed to keep the contract clean of conflicts of interest and information advantages. The risk warning, meanwhile, places the product in the same category as other leveraged or derivatives-style instruments that can produce losses quickly.

Market backdrop on November 2

The wider market offered a mixed picture for anyone pricing a Dogecoin prediction market. Bitcoin rose 1.1% to $78,412.53 over 24 hours and Ethereum gained 0.9%, even as the total market fell 0.5%, Coin Gabbar reported, citing CoinGecko data recorded at 1:30 AM UTC on November 2, 2026.

Bitcoin's market cap stood near $1.57 trillion with trading volume of about $81.33 billion, while 24-hour volume across the market was close to $105 billion. Bitcoin dominance was 58.5% and Ethereum held 10.4%.

Sentiment has deteriorated steadily. The Fear and Greed Index was 50 a week ago, a Neutral reading, and 67 a month ago, a Greed reading, leaving it down 13 points over the week and 30 points over the month, according to Coin Gabbar.

Coin Gabbar said the 3-point daily gain shows fear easing slightly, though the index remains well below the neutral mark of 50 and above the Extreme Fear threshold, which starts below 25.

Beyond the majors, sector-level data pointed to mild weakness rather than stress. The stablecoin market cap was $293 billion, down 0.1%, while the DeFi market cap stood at $74.1 billion, down 0.9%, with volume near $3.7 billion and sector dominance of 2.8%.

What is driving caution

Traders are focused on the US midterms, headlines around a possible resumption of the Iran war and a series of fresh security incidents, Coin Gabbar reported. The outlet said the day's moves mostly reflect sentiment rather than a change in market structure, with prices barely moving while risk is spread across politics, regulation and security.

Among the security incidents weighing on the market, BTCPay Server officials reported several hot wallets were drained and urged users to shut down their instances until the issue ends. Separately, Talis Protocol said an exploit of its Injective contracts on October 31 resulted in the theft of roughly 5,700 NFTs.

Talis said it paused listings, returned more than 26,000 NFTs and plans compensation for affected users. The cluster of incidents added to a cautious tone even as large-cap prices held relatively steady.

Small tokens posted outsized moves that underscored speculation remains active. AudaCity gained 52.5% while UnifAI Network fell 48.8%, and Coin Gabbar noted such tokens rank between 413 and 950 by market cap and can jump or drop quickly.

What comes next

Coin Gabbar said the market is waiting on the outcome of the November 3 US election, the US jobs data due this week and a fresh reserve report from Binance, which the exchange expected to publish on November 2.

The outlet framed the outlook in two directions. Its bear case holds that a negative election outcome, a resumed war or new hacks could push prices lower and drag the Fear and Greed Index toward Extreme Fear, while its bull case says calm election results and steady economic data could lift sentiment back above 50.

For now, Coin Gabbar described the market as cautious but not panicking, with Bitcoin's 1.1% gain and 58.5% dominance showing relative strength even as fear remains elevated. It added that a Fear reading of 37, combined with the midterms, the jobs report and developments in the Iran conflict over the coming days, leaves the market exposed to sudden swings.

Conclusion

The Dogecoin prediction market priced at 1am EST on November 2, 2026 is being settled against CF Benchmarks' Real Time Index at a time when the crypto market is down 0.5% and sentiment sits in Fear at 37. The next concrete markers for traders are the November 3 US election result, this week's US jobs data and the Binance reserve report expected on November 2.

Frequently Asked Questions

What price source settles the Dogecoin prediction market on November 2, 2026?

The price used to determine the market is based on CF Benchmarks' corresponding Real Time Index, according to Robinhood. The firm also notes that not all cryptocurrency price data is the same, which is why the settlement source matters for traders.

What was the Fear and Greed Index reading on November 2, 2026?

The Fear and Greed Index stood at 37 on November 2, 2026, a reading of Fear, according to Coin Gabbar. That was up from 34 a day earlier but down 30 points from a month ago, when the index read 67, or Greed.

What are the trading hours for the Dogecoin event contract?

Trading runs around the clock, with a single maintenance pause from 3AM to 5AM ET on Thursday, according to Robinhood. The product is offered by Robinhood Derivatives, LLC and routed through several partner exchanges rather than one venue.

What was the total crypto market cap at 1:30 AM UTC on November 2, 2026?

The global crypto market capitalization stood at $2.69 trillion, down 0.5%, according to CoinGecko data recorded at 1:30 AM UTC on November 2, 2026 and cited by Coin Gabbar. Trading volume over 24 hours was near $105 billion.

What events are crypto traders watching after November 2, 2026?

Traders are watching the November 3 US midterm election result, this week's US jobs data and the Binance reserve report, which the exchange expected to publish on November 2, according to Coin Gabbar.

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Cardano Treasury Budget Plan Would Let Funding Stewards Seek Grants Too

Cardano Treasury Budget Plan Would Let Funding Stewards Seek Grants Too

by | Nov 2, 2026 | Funding

Cardano treasury budget planning for 2027 took a new turn on October 28, when Intersect published a proposed Cardano Ecosystem Budget Process, or CEBP, that would hand stewardship roles to Intersect, PRAGMA and the Cardano Foundation across six spending domains. Under the plan, those designated organizations would help shape domain strategies and budgets while remaining eligible to seek funding in the same areas, with final spending decisions left to delegated representatives, or DReps.

The Cardano treasury budget proposal matters because it would concentrate early influence over how grant requests are framed, compared and presented, even though DReps would keep authority over approvals and withdrawals. According to CryptoSlate, three institutions could shape funding assessments and still pursue grants under a framework that calls for disclosure and safeguards.

How the Cardano treasury budget would be split

The plan divides spending into seven domains, with six of them assigned to stewards. Intersect would steward Core Development and Maintenance, Applied Research, and Governance Coordination, while PRAGMA would oversee Developer Support and the Cardano Foundation would oversee Marketing, Analysis & Events plus Adoption & Ecosystem Growth.

A seventh domain, Open Contributions, would have no steward and would let any proposer approach DReps directly. That route is central to the proposal's balance for independent applicants, because it preserves a path outside the institutional process.

Stewards would outline strategies, recommend budget caps in U.S. dollars and set up how funding requests are gathered and assessed. They would coordinate with other stewards on dollar-denominated caps and define the application process for their domains.

The same organizations could also submit their own funding requests or help other applicants prepare proposals for an on-chain vote. The framework does not guarantee a steward money from its domain, but it does not bar one from applying either.

Conflict rules and safeguards still undefined

The Cardano treasury budget framework says a steward may receive domain funding if the request is transparently declared and paired with safeguards, subject to DRep approval. It does not spell out what those protections would be.

The published text leaves common recusal rules, independent assessments and appeals procedures for steward-related applications unspecified. That gap is important because steward duties could shape which priorities get funded, how rival bids are weighed and what information reaches voters.

Under the working terms of Intersect's Growth & Marketing Committee, members must flag possible conflicts to committee leadership and face sanctions for code violations, but those terms remain subject to ratification and adjustment. The Budget Committee also has a grievance procedure covering conflicts and process-fairness concerns within its own activities, with escalation through Intersect leadership to the board.

The 2026 budget FAQ already in place gives oversight of administrative disbursements to an independent Oversight Committee with five members, though its remit excludes funding selection. The proposed framework also promises a shared public code of conduct in the planned information action.

DReps keep control of approvals and withdrawals

DReps would keep authority over annual objectives, domain budgets, steward appointments and treasury withdrawals. They would also remain responsible for approving stewards, distributing budgets and authorizing every withdrawal from the treasury.

Because the process cannot be enforced directly on-chain, it would rely on DReps socially committing to follow it in the relevant domains. Part of that pledge would be to withhold backing from any withdrawal that falls outside the agreed process, which could make the application rules influential without creating a technical barrier to submission.

The framework would not release treasury funds by itself. Each withdrawal would still need a separate on-chain governance action within the Net Change Limit, or NCL, which sets the total ceiling on treasury withdrawals during a period.

A domain plan could be rejected by DReps or replaced with another model, while independent applicants would still have to secure funding approval. In that sense, the proposal changes how requests are prepared and assessed, but not who makes the final decision.

Open Contributions and the NCL remain open questions

The Open Contributions allocation remains unquantified. No dollar amount or guaranteed NCL share is set in the plan, though it says an allowance would be developed alongside the other budgets and that the planned NCL action would include a reasonable allowance for that route.

Feedback submitted through DRepTalk included a proposal from the participant known as SIPO to reserve a specific slice of the NCL for Open Contributions. SIPO also proposed disclosure of stewards' roles and relationships with applicants, and both suggestions remain under consultation.

Under the framework, the information action that sets the NCL would recommend shifting the proposed budget of any rejected stewarded domain into Open Contributions. That provision would preserve an alternative route for applicants if one of the stewarded domains failed to win support.

The published versions also contain an action-count discrepancy. Six stewarded domains and one NCL action imply seven actions, but Intersect's blog describes eight, and the forum version initially gives seven before mentioning an eighth without consistently accounting for the total.

What comes next for the 2027 trial

Intersect said in an October 30 update that consultation remained open ahead of a tentative November 10 submission of an initial concept information action. That action would seek concept approval, aiming for no less than 51% backing from DReps, and would assign stewards the job of drawing up detailed domain plans.

A subsequent round, targeted for December 2026 or January 2027, would aim for a minimum of 60% backing on each domain action and 51% on the NCL action. Those votes would address domain arrangements and the 2027 NCL, and would seek DReps' commitment to the framework for 2027.

The 2027 process would proceed only as a trial, and only with DRep approval. Intersect frames the approach as an answer to DReps facing numerous hard-to-compare requests with insufficient expert guidance, arguing that shared presentation standards and domain expertise could simplify funding decisions.

Contracts already in place sit apart from the arrangements being proposed for the future. On October 17, Intersect said the 2026 budget cycle had produced 25 vendor smart contracts valued at 204,639,279 ADA.

Conclusion

The proposal establishes a structure in which Intersect, PRAGMA and the Cardano Foundation could help design Cardano treasury budget assessments while remaining eligible to seek funding from the same domains. DReps would keep control over steward approval, budget distribution and every withdrawal, and the 2027 process would proceed only as a trial if they sign off. The next concrete step is the tentative November 10 concept information action, followed by a later round in December 2026 or January 2027 on domain arrangements and the NCL.

Frequently Asked Questions

What is Cardano's proposed 2027 treasury budget process?

It is a proposed Cardano Ecosystem Budget Process published by Intersect on October 28 that would assign stewardship across six spending domains to Intersect, PRAGMA and the Cardano Foundation, while leaving approval of budgets and withdrawals to DReps.

Can Cardano budget stewards apply for grants under the proposal?

Yes. The framework would let stewards submit their own funding requests or help other applicants, provided any steward funding is transparently declared and paired with safeguards, subject to DRep approval.

Who would control treasury withdrawals under the 2027 plan?

DReps would retain control. They would approve stewards, distribute budgets and authorize every treasury withdrawal, with each withdrawal still requiring a separate on-chain governance action within the Net Change Limit.

What is the Open Contributions domain in the Cardano budget proposal?

Open Contributions would be a seventh domain with no steward, allowing any proposer to approach DReps directly. Its allocation remains unquantified, with no dollar amount or guaranteed NCL share set yet.

When could the Cardano 2027 budget process be submitted and approved?

Intersect is targeting a tentative November 10 concept information action seeking at least 51% DRep support. A follow-up round in December 2026 or January 2027 would aim for a minimum of 60% backing on each domain action, with 51% required for the NCL action.

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Crypto Funding Hits $1.24 Billion as Kalshi Secures $1 Billion in New Capital

Crypto Funding Hits $1.24 Billion as Kalshi Secures $1 Billion in New Capital

by | Nov 2, 2026 | Funding

Crypto and crypto-linked companies disclosed at least $1.24 billion across 10 financing deals from October 24 to 30, according to Analytics Insight. Prediction market Kalshi led the weekly crypto funding activity with a $1 billion Series G round that placed its post-money valuation at $40 billion.

The weekly crypto funding figure includes loans and sales of existing shares alongside fresh venture capital, Analytics Insight reported. Analytics Insight compiled the data from Crypto Fundraising and CryptoRank, supplemented by announcements from the companies themselves and reports on individual transactions.

Kalshi's $1 Billion Round Tops Crypto Funding

Kalshi announced its $1 billion Series G on October 29, according to Analytics Insight. The round drew participation from Baillie Gifford, Stripes, Andreessen Horowitz, Coatue, Layer Global, Morgan Stanley Investment Management, Sequoia Global Equities, CapitalG, Hudson River Trading, and Balyasny Asset Management.

The proceeds are earmarked for building out institutional sales, broadening distribution, developing products, and expanding internationally, with overseas plans focused particularly on Latin America and Europe. Kalshi also sketched out new offerings including indices, perpetual futures tied to individual stocks, and markets for computing power, products that would extend its business beyond conventional prediction markets.

The company said its account base has passed 30 million, with annualized exchange volume above $1 trillion. Roughly 500 entities traded on Kalshi during September, and about a quarter of total exchange volume came from entities other than market makers, according to Kalshi.

Sports brought millions of people to Kalshi and helped establish deep liquidity, the company said. Annualized crypto trading on the exchange now stands at $140 billion, while politics markets have passed $8 billion on an annualized basis, and its commodities business has passed $100 million in annualized trading fees only three months after launch.

HIVE and Ibis Add Debt to Weekly Crypto Funding

HIVE Digital Technologies followed Kalshi in the week's crypto funding activity with an approximately $129 million loan agreement announced on October 27 through its BUZZ Alpha Cloud subsidiary, Analytics Insight reported. The facility runs for three years at a fixed 9% annual rate.

The money came from an institutional lender and will pay for Nvidia GPU hardware and supporting infrastructure located in Canada, and the hardware will be deployed to serve HIVE's earlier-announced contract with Cohere. The loan is secured by the equipment and associated assets and carries a limited-recourse guarantee from BUZZ HPC, and HIVE expects contract revenue to cover repayments without issuing common shares.

Separately, Ibis announced a $250 million institutional lending facility, one more sizable credit deal disclosed during the week, according to Analytics Insight.

PhotonPay Raises $40 Million in Crypto Funding Week

PhotonPay said on October 30 that it had raised $40 million in a Series C round, with Blockchain Capital in the lead, SBI Group joining as a new investor, and existing backers IDG Capital, GL Ventures, and Lightspeed Faction adding follow-on investments. Blacksheep Technology served as the company's sole financial adviser on the deal.

PhotonPay said the proceeds will go toward growing its stablecoin-centric Financial Operating System, with spending directed at better multi-asset wallets, wider global card issuing, stronger local clearing infrastructure in key markets, and an execution layer built for AI agents, according to PR Newswire.

As of August 2026, PhotonPay's annualized transaction volume reached $65 billion. The firm holds 34 payment and financial licenses and regulatory authorizations spanning the Americas, Europe and Asia, and counts more than 200,000 business customers in over 200 countries and territories.

"Moving money across borders in seconds means little if it still takes days to put that capital to work," said Lewison Chen, Founder and CEO of PhotonPay. "At the same time, business software is becoming increasingly autonomous," Chen added.

PhotonPay's Stablecoin and AI Strategy

PhotonPay's Financial OS connects on-chain liquidity with the banking, clearing and card networks businesses rely on for everyday operations, according to PR Newswire. Its multi-asset wallet connects stablecoin liquidity with fiat balances, integrating asset conversion, foreign exchange, and local clearing into a single connected workflow.

Businesses can open local collection accounts in 17 key markets and receive funds in more than 60 currencies. On the payout side, the network supports over 100 payment routes across local clearing systems, bank transfers, and digital wallets, and approximately 97% of payout transactions reach recipients within hours or on the same day, with 68% arriving in real time.

Over the past 12 months, PhotonPay issued 4.4 million cards, up 275% year over year. In May 2026, PhotonPay and Mastercard completed a live agentic payment demonstration using a tokenized PhotonPay card, validating AI-initiated transactions across existing global card networks.

"AI can simplify how businesses interact with financial services, but it cannot replace the infrastructure required to deliver them," said JP Pi, Chief Compliance Officer at PhotonPay.

PhotonPay's established global payment network and its vision for a stablecoin-centric Financial OS align closely with SBI Group's strategy to advance digital financial infrastructure and expand the practical adoption of digital assets, according to PR Newswire. Founded in Hong Kong in 2015, PhotonPay operates 16 offices worldwide and employs nearly 600 people.

Smaller Rounds Fill Out the Week

Elsewhere in the week's crypto funding activity, Hyperbolic announced a $30 million Series A1 led by Walden Catalyst, with participation from Dell Technologies Capital, General Catalyst and Vista Equity Partners. The company will direct the capital toward Forge software, cloud coordination services and a planned GPU marketplace.

Luxor disclosed a $16 million strategic round led by CMT Digital, with Canaan, MicroBT, Halo and Steelhead participating in a transaction that combined fresh capital with secondary share sales. Luxor plans to expand AI hardware, cloud services and compute derivatives.

Predicate secured an $8 million Series A, according to CryptoRank, and its announcement identified Paxos as a new strategic participant and placed cumulative funding at $15 million. Cancore announced $7.2 million in seed financing from supporters including Paper Ventures, DAO5, and ArkStream Capital, and the company aims to connect Canton assets with public-chain liquidity.

Conclusion

Crypto and crypto-linked companies disclosed at least $1.24 billion across 10 financing deals from October 24 to 30, with Kalshi's $1 billion Series G at a $40 billion post-money valuation accounting for the bulk of the weekly crypto funding total. HIVE Digital Technologies added an approximately $129 million infrastructure loan and PhotonPay closed a $40 million Series C led by Blockchain Capital.

Kalshi plans to deploy its new capital toward institutional sales, wider distribution, product development, and international expansion focused on Latin America and Europe. PhotonPay said its funding will go toward multi-asset wallet capabilities, global card issuing, local clearing infrastructure, and an agent-ready financial execution layer.

Frequently Asked Questions

How much crypto funding was disclosed in the week of October 24 to 30, 2026?

Crypto and crypto-linked companies disclosed at least $1.24 billion across 10 financing deals from October 24 to 30, according to Analytics Insight. The total covers debt financing and secondary share sales, not just new startup capital, and was compiled from Crypto Fundraising and CryptoRank deal lists alongside company announcements.

What was Kalshi's valuation after its $1 billion Series G round?

Kalshi announced its $1 billion Series G on October 29, placing its post-money valuation at $40 billion, according to Analytics Insight. Investors in the round included Baillie Gifford, Stripes, Andreessen Horowitz, Coatue, Morgan Stanley Investment Management, Sequoia Global Equities and CapitalG.

What are the terms of HIVE Digital Technologies' $129 million loan?

HIVE Digital Technologies announced an approximately $129 million loan agreement on October 27 through its BUZZ Alpha Cloud subsidiary. The three-year facility carries a fixed annual interest rate of 9%, finances Nvidia GPU systems and related infrastructure in Canada, and uses equipment and related assets as collateral.

Who led PhotonPay's $40 million Series C round?

Blockchain Capital led PhotonPay's $40 million Series C, with participation from new investor SBI Group and follow-on investments from existing investors IDG Capital, GL Ventures, and Lightspeed Faction. Blacksheep Technology acted as exclusive financial advisor to PhotonPay on the transaction.

How will Kalshi use the $1 billion in new capital?

Kalshi plans to use the capital for institutional sales, wider distribution, product development, and international expansion, with overseas plans focused particularly on Latin America and Europe, according to Analytics Insight. The company also outlined plans for indices, single-stock perpetual futures, and compute markets.

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Crypto VC Funding: Kalshi Raises $1 Billion, HIVE Secures $129 Million Loan

Crypto VC Funding: Kalshi Raises $1 Billion, HIVE Secures $129 Million Loan

by | Nov 2, 2026 | Funding

Crypto VC funding for the week of October 24 to 30 was dominated by prediction-market operator Kalshi, which raised $1 billion in a Series G round at a $40 billion post-money valuation, according to Crypto News and Analytics Insight. Kalshi announced the round on October 29.

Crypto and crypto-linked companies disclosed at least $1.24 billion across 10 financing deals during the week, according to Analytics Insight and Crypto News. TOKENPOST counted eight disclosed financings totaling about $1.23 billion, and said the tally includes debt and secondary share sales rather than venture investment alone.

Kalshi's $1 Billion Series G

Wellington, Sequoia and other investors backed Kalshi's $1 billion raise, which valued the company at $40 billion, Crypto News reported. The raise follows Kalshi's $1 billion Series F in May at a $22 billion valuation, according to TOKENPOST, and the valuation follows earlier fundraising discussions reported in September.

According to Crypto News, Kalshi plans to put the capital toward institutional sales, distribution, product development and overseas growth, particularly in Latin America and Europe. Kalshi said its account base has passed 30 million, with annualized volume on its exchange running above $1 trillion, according to Analytics Insight.

Sports brought millions of people to Kalshi and helped establish deep liquidity, the company said. Roughly 500 entities traded on the exchange in September, and those other than market makers accounted for about 25% of total volume.

HIVE's $129 Million AI Infrastructure Loan

HIVE Digital Technologies followed Kalshi among the week's largest transactions, with its BUZZ subsidiary arranging approximately $129 million in debt for Canadian AI infrastructure, Crypto News reported. HIVE announced the loan agreement on October 27 through its BUZZ Alpha Cloud subsidiary, according to Analytics Insight and TOKENPOST.

The borrowing runs for three years at a fixed 9% annual rate, with GPUs and related assets pledged as security, according to Analytics Insight, Crypto News and TOKENPOST. The funds are earmarked for Nvidia GPU hardware and supporting infrastructure at a Canadian site tied to a previously announced Cohere contract, and HIVE plans to buy NVIDIA GB200 systems, TOKENPOST reported.

According to HIVE, the loan will not involve issuing common shares, and the company intends to repay it using contract revenue. "We have signed $600 million of TCV for GPU cloud deals this year," HIVE President and CEO Aydin Kilic said, according to TOKENPOST.

Payments, Compute and Credit Rounds

PhotonPay closed a $40 million round to grow its stablecoin payments and financial services platform, Crypto News reported. The Series C was led by Blockchain Capital, with SBI Group joining existing investors IDG Capital, GL Ventures and Lightspeed Faction, according to Analytics Insight and Crypto News.

As of August, PhotonPay said its annualized transaction volume stood at $65 billion and its customer base included more than 200,000 businesses, according to Analytics Insight and Crypto News. The company's platform links stablecoin liquidity to the banking and payment rails that businesses use for spending and settlement.

Hyperbolic announced a $30 million Series A1 led by Walden Catalyst, with Dell Technologies Capital, General Catalyst and Vista Equity Partners participating, according to Analytics Insight and Crypto News. CMT Digital led a $16 million strategic round for Luxor, joined by Canaan, MicroBT, Halo and Steelhead, in a transaction combining new investment and secondary share sales.

Smaller Deals and the Week's Tally

Beyond the largest deals, investors put money into compliance software, tokenized credit, cross-chain trading and brokerage infrastructure, Crypto News reported. Predicate raised an $8 million Series A led by Blockchain Capital, with Paxos as a new strategic participant and cumulative funding at $15 million, according to Analytics Insight and Crypto News.

Cancore disclosed a $7.2 million seed round with backing from Paper Ventures, dao5, ArkStream Capital and others, aimed at widening links between Canton assets and public-chain liquidity, Crypto News reported. Spicenet secured a $5 million Series A led by dao5, with Babylon and Astrarizon participating, and Birch Hill announced a $4 million seed round led by Multicoin Capital, with ParaFi, Castle Island Ventures and Nascent participating.

Mochatrade's latest seed financing amounted to $4.87 million, bringing cumulative funding to $5.56 million, and The Block reported that CoinFund led with Coinbase Ventures participating, according to Crypto News. Separately, Ibis unveiled a $250 million institutional lending facility with FalconX credit capacity, though TOKENPOST noted the figure is the facility's capacity rather than an equity raise or disclosed amount drawn.

The weekly figures came from Crypto Fundraising and CryptoRank deal lists, checked against company announcements and individual transaction reports, according to Crypto News. Because the total counts a secured loan and secondary sales alongside equity, it captures wider financing activity than venture capital investment by itself, TOKENPOST reported.

Conclusion

Crypto VC funding in the final week of October was led by Kalshi's $1 billion Series G at a $40 billion valuation, with HIVE Digital's approximately $129 million AI infrastructure loan and PhotonPay's $40 million Series C among the other large transactions. Kalshi said the new capital would fund institutional sales, distribution, product development and expansion in Latin America and Europe, while HIVE said it would repay its loan from contract revenue tied to its Cohere deployment.

Frequently Asked Questions

How much did Kalshi raise and at what valuation?

Kalshi raised $1 billion in a Series G round announced on October 29 at a $40 billion post-money valuation, from Wellington, Sequoia and other investors. The raise followed a $1 billion Series F in May at a $22 billion valuation.

What are the terms of HIVE's $129 million loan?

HIVE's BUZZ Alpha Cloud subsidiary arranged an approximately $129 million, three-year loan at a fixed 9% annual rate, secured by GPUs and related assets. The funds will finance Nvidia GPU systems for a Canadian deployment supporting a Cohere contract, with repayment intended from contract revenue and no common shares issued.

How much crypto VC funding was disclosed for the week of October 24 to 30?

Crypto and crypto-linked companies disclosed at least $1.24 billion across 10 financing deals, according to Analytics Insight and Crypto News. TOKENPOST counted eight disclosed financings totaling about $1.23 billion, noting the tally includes debt and secondary share sales.

What will Kalshi use the $1 billion in proceeds for?

Kalshi said the money would go toward building institutional sales, widening distribution, developing products and growing abroad, particularly in Latin America and Europe. The company reported more than 30 million accounts and annualized trading volume exceeding $1 trillion.

Who led PhotonPay's $40 million Series C?

PhotonPay's $40 million Series C was led by Blockchain Capital, with SBI Group joining existing investors IDG Capital, GL Ventures and Lightspeed Faction. The Hong Kong company said annualized transaction volume reached $65 billion by August, with over 200,000 businesses as customers.

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