HomeNewsPayments and L2 Projects Lead Crypto Fundraising as Investors Target Infrastructure Growth

Payments and L2 Projects Lead Crypto Fundraising as Investors Target Infrastructure Growth

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Crypto fundraising accelerated last week, with over $162 million raised across key sectors like payments, stablecoins, and Ethereum Layer 2 infrastructure, according to CoinMarketCap data for October 27–November 2.

The largest round came from Hercle Group, which secured $60 million to expand its payments and stablecoin operations. The round was backed by F-Prime Capital, underscoring institutional interest in scalable digital payment solutions.

MegaETH followed with a $49.95 million raise aimed at building a new Layer 2 network within the Ethereum ecosystem. The public sale on Echo Sonar drew strong participation from both retail and institutional investors, reinforcing momentum for ETH scaling plays amid renewed activity around rollup projects.

Other notable rounds included:

  • Bron Wallet – $15 million from LocalGlobe and Fasanara Digital, focusing on multi-party computation (MPC) wallets.
  • Zardot (ZAR) – $12.9 million for a payment-wallet hybrid platform, backed by a16z crypto.
  • Standard Economics – $9 million seed round led by Paradigm, targeting stablecoin and payment infrastructure.
  • Accountable Data – $7.5 million from Pantera Capital, building yield and proof-of-reserve (PoR) solutions.
  • MMT Finance – $4.5 million public sale on Buildpad, expanding its DEX within the Sui ecosystem.
  • Pieverse – $3 million strategic round with backing from CMS Holdings, developing its x402 interoperability layer.

The fundraising mix highlights a clear investor focus on real-world payment integration, DeFi infrastructure, and next-gen wallet security, themes expected to drive blockchain adoption into 2026.

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Simon Njenga
Simon Njengahttps://www.ethnews.com/
Simon Njenga is a passionate crypto writer and blockchain enthusiast with a flair for making complex concepts accessible to the masses. With a background in finance and a keen interest in emerging technologies, Simon has become a trusted voice in the world of cryptocurrency. His work has been featured in leading crypto publications and websites, where he provides insights, analysis, and up-to-date information on the ever-evolving crypto landscape.
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