Crypto Funding Surges to $2.36 Billion in April 2026, Led by Prediction Markets

News Flash 2026-05-12 16:27

The cryptocurrency funding market experienced a significant rebound in April 2026, with total fundraising reaching approximately $2.36 billion. This surge was primarily driven by large-scale transactions in the prediction markets and stablecoin sectors. Kalshi led the prediction markets with a $1 billion funding round, while other notable contributions included $6 million for XO Market and $5 million for Pumpcade. In the stablecoin and payment infrastructure sector, $128 million was raised, highlighted by Fun's $72 million and Belo's $14 million. Paxos Labs also secured $12 million, attracting attention from major investors like Blockchain Capital and Uniswap Labs. Meanwhile, the DeFi and RWA sectors raised $88 million, with Galaxy Digital leading a $20 million round for Fence. The AI and crypto intersection space saw $24 million in funding, with Balcony and AlphaNet among the key recipients.

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