Anchorage and TRM Labs Lead Massive $300M Funding Week for Crypto - Crypto Economy

TL;DR

• Anchorage Digital closed a $100 million investment led by Tether, setting a valuation of $4.2 billion for the platform.
• TRM Labs completed a $70 million Series C led by Blockchain Capital, raising its valuation to $1 billion.
• The week recorded 14 funding rounds and four M&A transactions.

The first week of February concentrated close to $300 million in investments tied to the crypto industry. The period between February 2 and February 6 recorded 14 funding rounds and four M&A transactions, according to data compiled by RootData. The activity was distributed across crypto infrastructure, staking services, social and memecoin platforms, and real-world asset tokenization projects.

The two largest funding rounds involved Anchorage Digital and TRM Labs. On February 5, Anchorage Digital closed a $100 million strategic investment led by Tether. The deal assigned the company a valuation of $4.2 billion and was directed toward the development of regulated digital asset infrastructure. Anchorage operates as a regulated crypto custody and banking platform focused on institutional services.


Anchorage Reaches a $4.2 Billion Valuation

That same day, TRM Labs completed a $70 million Series C that lifted its valuation to $1 billion. The round was led by Blockchain Capital, with participation from Goldman Sachs, Citibank, Galaxy Ventures, and other investors. The funds will be allocated to the expansion of AI-based security tools and the scaling of risk assessment solutions within the blockchain ecosystem. TRM Labs develops blockchain intelligence technology applied to compliance and risk management, with a focus on detecting crypto-related crimes.

In addition to the funding rounds, four mergers and acquisitions were recorded. On February 3, Tokens.com was acquired by the relaunched Bed Bath & Beyond. The company has shifted its focus toward digital assets and retail innovation models. The project targets the development of a unified platform for RWA tokenization that will combine traditional real estate financing with onchain liquidity. The platform is scheduled to launch by mid-2026.


Mergers and Acquisitions

That same day, Bitwise agreed to acquire Chorus One, a provider of staking infrastructure and validator services. The transaction will strengthen Bitwise’s presence in the market for blockchain network operations and validation services.

On February 4, Amadeus Protocol acquired Bitte for $1.7 million. Two days later, on February 6, Pump.fun completed the acquisition of Vyper, a platform associated with memecoin trading. In this last case, details regarding the valuation of the transaction were not disclosed