
Crypto seed funding in October 2026 came to $98.9M: NAUT holds 13 crypto seed rounds announced between 1 and 21 October, and the 12 that named an amount raised that sum, at a median of $5.0M. Sequoia Capital, Portal Ventures, Polychain Capital, Lattice and 5 other firms led or co-led the 8 rounds that named a lead, 38 investors appear across the 13 cap tables, and only 4 of them appear twice.
Data as of 28 October 2026, from NAUT's funding records. The scope is seed-stage venture rounds into crypto and Web3 companies announced in October 2026: 12 rounds marked Seed and 1 Extended Seed. Each round is checked against outside reports, listed under Sources, except the PERPTools and HoneyB rounds, where this check found no report it could confirm line by line, so both are reported from NAUT's records alone. The reports found on the HoneyB round describe Portal Ventures as the sole lead with PEER VC participating, while NAUT's record lists both as leads; this piece follows NAUT's record. 2 of the 13 companies have no NAUT page yet, Catalyst (catalyst.app) and Orbio.so, so neither is linked below. The $30M Catalyst is a trading-agent company, a different business from the DeSci project of the same name already on NAUT. 4 of the 13 rounds carry sector tags in the database (DEX, Stablecoins, Infrastructure, DeFi) and 9 carry none, so the sector groupings here are read off each company's own description. EFY Finance disclosed no amount. NAUT Research wrote this report; no one paid for it.
Which crypto seed funding rounds closed, and who led each?
| Date | Company | Round | Raised | Led by |
|---|---|---|---|---|
| 1 Oct | Seed | $5M | None named | |
| 2 Oct | Seed | $4.6M | ||
| 6 Oct | Seed | $1.5M | ||
| 7 Oct | Extended Seed | $16M | None named | |
| 7 Oct | Seed | $13M | ||
| 8 Oct | Seed | $1M | None named | |
| 8 Oct | Seed | $3M | ||
| 8 Oct | Catalyst (catalyst.app) | Seed | $30M | |
| 10 Oct | Orbio.so | Seed | $1.2M | None named |
| 13 Oct | Seed | Not disclosed | None named | |
| 15 Oct | Seed | $8M | ||
| 20 Oct | Seed | $5M | ||
| 21 Oct | Seed | $10.6M |
9 firms led or co-led those 8 rounds, and Portal Ventures is the only name on 2 of them. 5 rounds named no lead at all.
Who runs each company, and who backed it?
PERPTools runs a decentralised perpetual contract exchange.
- Co-founder and CEO: Evgen Tokarev
- Backed by: NEAR Foundation, Big Brain Holdings, Shima Capital, Sfermion and Animoca Brands
Walapay sells cross-border payments on stablecoin rails.
- Founder: Thomas Borgers. Co-founder: Dimitri Borgers
- Led by: Generative Ventures
- Joined: Polygon, NGC Ventures, Big Brain Holdings, Jsquare, Contribution Capital, Reflexive Capital, Commerce Ventures, Verda Ventures and FGV Capital
Imperial is a perpetuals terminal on Solana.
- Co-founder and CEO: Jordan Prince
- Led by: Foundation Capital, with angels from the Solana ecosystem
Noah runs a stablecoin payment platform out of the UK, and its $16M came as a seed extension.
- Co-founder and CEO: Shah Ramezani
- Joined: Felix Capital, FJ Labs, LocalGlobe and Endeit Capital
Vest Exchange runs a multi-chain perpetual DEX covering 500+ crypto, US equities and forex pairs.
- CEO: Justin Ma
- Led by: Portal Ventures, the only firm on this list to back 2 of these rounds as a lead, with individual investors from Citadel Securities, BlackRock and KKR
Anyflo came out of stealth in October, incubated by its backer.
- Founder: Lola Oyelayo-Pearson
- Backed by: Mysten Labs, which put in the full $1M
Soda Labs builds privacy tooling for blockchains.
- Led by: NextBlock, which funded the $3M round on its own
- Its CEO has no NAUT person page yet, so the company page is the route in
EFY Finance lets LatAm users hold, invest in and transfer cryptoassets, with Spanish-language product copy.
- CEO: Andres Tobon
- Backed by: Tether, which did not disclose the size of its cheque
Multiliquid works on liquidity for tokenised assets.
- Founder: Will Beeson
- Led by: Polychain Capital
- Joined: Circle Ventures, CMT Digital, Strobe Ventures, Generative Ventures and Metalayer Ventures
HoneyB calls itself the institutional yield layer for Bitcoin.
- NAUT records 2 leads on the $5M round: Portal Ventures and PEER VC
- Its co-founders have no NAUT person pages yet
Dataline feeds market data to AI agents that act onchain.
- Co-led by: Lattice and Dispersion Capital
- Joined: Coinbase Ventures, Symbolic Capital and Anagram Crypto
- Catalyst (catalyst.app) took the largest round of the month, $30M, led by Sequoia Capital, with Coinbase Ventures, Jump Trading, Lux Capital and Anti Fund. It has no NAUT page yet.
- Orbio.so raised $1.2M with no lead or backer recorded, and has no NAUT page yet.
How much crypto seed funding did each startup raise?
These 10 rounds raised $67.7M of the $98.9M. The other 2 disclosed rounds, Catalyst at $30M and Orbio.so at $1.2M, stay out of the chart because neither company has a NAUT page to link to, and EFY Finance named no amount.
What this tells a BD team
- Every one of these teams closed money in the last 30 days and is small enough to answer. 12 of the 13 rounds were seed, 1 was a seed extension, and the median cheque into them was $5.0M.
- 2 lanes repeat. Perpetuals and derivatives took 3 of the 13 rounds, PERPTools, Imperial and Vest Exchange, and stablecoins and payments took 3 more, Walapay, Noah and EFY Finance. A desk selling trading, custody or payments plumbing has 6 fresh buyers there.
- 8 of the 13 companies already name a person on NAUT. Evgen Tokarev at PERPTools, Justin Ma at Vest Exchange and Will Beeson at Multiliquid are 3 of them. For Soda Labs, HoneyB and Dataline the company page is the way in.
- Pick the lane you sell toPerps took 3 rounds, PERPTools, Imperial and Vest Exchange; stablecoins and payments took 3, Walapay, Noah and EFY Finance.
- Sort by what they can spendNoah at $16M, Vest Exchange at $13M and Dataline at $10.6M lead the 10 charted rounds, which raised $67.7M between them.
- Open the company page and take the name8 of the 13 companies name a person on NAUT, such as CEO Justin Ma at Vest Exchange.
- Reach out while the round is still newsEvery round above was announced between 1 and 21 October 2026.
What this tells a founder raising a seed round
- $5.0M is the middle of this market. 12 rounds disclosed an amount, from $1M at Anyflo to $30M at Catalyst, and the median sat at $5.0M.
- Seed round investors here spread their bets. 38 investors appear across the 13 rounds, 42 times in total, so only 4 backed 2 rounds each and none backed 3: Portal Ventures led Vest Exchange and co-led HoneyB, Generative Ventures led Walapay and joined Multiliquid, Coinbase Ventures joined Catalyst and Dataline, and Big Brain Holdings backed PERPTools and Walapay.
- A sole backer can still be the whole round. NextBlock funded the $3M at Soda Labs alone, Mysten Labs put the full $1M into Anyflo, and Foundation Capital is the only firm NAUT records on Imperial's $1.5M.
- Strategics write seed cheques in this set. Tether backed EFY Finance, Polygon joined Walapay, Animoca Brands and NEAR Foundation backed PERPTools, and Circle Ventures joined Multiliquid.
- Check your number against the middleThe median of the 12 disclosed rounds was $5.0M, with $1M at Anyflo the floor and $30M at Catalyst the ceiling.
- Shortlist the funds that repeatPortal Ventures, Generative Ventures, Coinbase Ventures and Big Brain Holdings each backed 2 of these 13 rounds.
- Match the lead to your stageFoundation Capital led a $1.5M round, Polychain Capital an $8M one and Sequoia Capital a $30M one, all inside 3 weeks.
- Open the investor page and take the partnerAll 38 investors across these rounds have a NAUT page with their team on it.
How to reach the decision makers
Every company, investor and person named above links to its NAUT page, which carries the team, the backers and the people to contact. All 38 crypto seed backers from these 13 rounds have a page on NAUT, and 8 of the 13 companies name at least 1 person on theirs. The 2 companies with no page yet, Catalyst (catalyst.app) and Orbio.so, are in NAUT's funding records but not yet published, so start from their lead investors instead.
Crypto seed funding FAQ
How much crypto seed funding was raised in October 2026?
$98.9M across the 12 of 13 crypto seed rounds that disclosed an amount, announced between 1 and 21 October 2026, at a median of $5.0M. EFY Finance named no amount for its round.
Who invested in crypto seed rounds in October 2026?
38 investors appear across the 13 rounds. 9 firms led or co-led the 8 rounds that named a lead: Sequoia Capital, Portal Ventures, Polychain Capital, Generative Ventures, Foundation Capital, NextBlock, PEER VC, Lattice and Dispersion Capital. Coinbase Ventures, Jump Trading, Lux Capital, Circle Ventures, Tether and Polygon joined without leading.
Which crypto seed round was the largest in October 2026?
Catalyst (catalyst.app) took $30M on 8 October 2026, led by Sequoia Capital. The largest round with a NAUT page is Noah's $16M extended seed on 7 October 2026.
Which investors backed more than 1 crypto seed round in October 2026?
4 firms backed 2 of the 13 rounds each, and none backed 3: Portal Ventures, Generative Ventures, Coinbase Ventures and Big Brain Holdings.
Which crypto sectors raised seed money in October 2026?
Perpetuals and derivatives took 3 of the 13 October 2026 rounds, PERPTools, Imperial and Vest Exchange, and stablecoins and payments took 3, Walapay, Noah and EFY Finance. The rest sit in Bitcoin yield (HoneyB), tokenised asset liquidity (Multiliquid), agent data (Dataline), privacy tooling (Soda Labs) and payment orchestration (Anyflo).
Sources
- PERPTools: NAUT funding records only; this check confirmed no outside report for the round.
- Walapay: Renascence, The SaaS News
- Imperial: KuCoin News, Dealroom
- Noah: Tech.eu, Dealroom
- Vest Exchange: KuCoin News, The Block
- Anyflo: KuCoin News, CryptoRank
- Soda Labs: Dealroom, Invezz
- Catalyst (catalyst.app): KuCoin News, Fortune
- Orbio.so: TokenPost, KuCoin News
- EFY Finance: Crypto Briefing, CryptoRank
- Multiliquid: KuCoin News, The Block
- HoneyB: NAUT funding records only; the reports found describe Portal Ventures as sole lead with PEER VC participating, where NAUT's record lists both as leads, so neither report is used here as a source.
- Dataline: Bloomingbit, KuCoin