Stablecoin remittance startup Felix Pago raised a $200 million Series B led by a16z, splitting the round into $87 million of equity and a $113 million credit facility from General Catalyst's Customer Value Fund.

Miami-based Felix Pago lets users in the US send money to Latin America through WhatsApp, settling on the backend with Circle's USDC and blockchain rails. It has processed more than $8 billion in remittances to date, a sharp step up from its $75 million raise in April 2025 and a $15.5 million Series A the year before.

With the fresh capital, the company plans to expand beyond transfers into lending and savings products for Latin American immigrants, and to build an AI-powered financial assistant.

The round is another sign of investors piling into stablecoin payments, betting that dollar-pegged rails can undercut legacy remittance costs and pull everyday cross-border finance onchain.

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Parlay stacks predictions into one high-multiplier bet. Pascal trades events like perps. SnapMarkets resolves in 30 seconds. Kash lives inside your X feed.

The space is specializing fast. Check the full breakdown.

August 2026 had 31 calendar days. Crypto got hacked on 16 of them, totaling $147.3M lost across 20 incidents (>$500K). One breach dwarfed the whole month: Tectonic's $75M on the 30th alone was over half the total damage.

Kraken parent Payward and the London Stock Exchange are partnering to bring UK stocks onchain, tokenizing the 100 largest London-listed companies as xStocks for 24/7 trading.

Subject to regulatory approval, the LSE will begin listing xStocks and supporting their trading on LSE 24, its newly announced 24-hour venue that is set to eventually span tokenized US, EU and UK equities. The two firms will also explore native, LSE-issued equity tokens that let exchange members issue and serve shares directly onchain.

The partnership could open UK-listed shares to investors in more than 110 countries, though xStocks remain unavailable to UK and US residents for now.

In just over a year, xStocks have generated more than $40 billion in total trading volume, nearly $20 billion of it settled onchain, and now count more than 200,000 holders, according to Payward.

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Ethena launched Ethena Pay, its stablecoin neobank, on Avalanche, letting users hold a synthetic dollar and earn a 6% savings rate straight from the app.

The 6% is generated by sUSDe, Ethena's staked synthetic dollar, which pays a yield sourced from funding rates and reserve income. It now settles natively on Avalanche after USDe and sUSDe went live across the chain, with liquidity and lending support from venues like Uniswap, LFJ and Euler.

The move is Ethena's clearest step yet toward becoming a consumer neobank, bundling dollar savings, payments and yield into one app rather than a pure DeFi protocol.

Yield-bearing stablecoins are fast becoming the headline feature for onchain neobanks, with a wave of apps racing to pair everyday spending and savings against tokenized dollars.

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Fomo acquired the technology, IP, and team of Mobula, an onchain data and trading-infrastructure platform, for $17M. The move brings a data stack Fomo already relied on fully in-house as the app scales.

Mobula's real-time APIs and security-enriched endpoints had been quietly powering core parts of Fomo, from its scam-detection to its social discovery features. With the deal, Mobula's engineering leadership joins Fomo, while Mobula itself continues to operate as an independent entity.

The acquisition lands during a sharp growth run: Fomo says its user base has more than doubled to over 1.9 million since early July, adding upward of 30,000 users a day, with monthly volume projected to climb from $500 million in June to roughly $2.8 billion in August.

Owning the data layer, rather than renting it, gives Fomo tighter control over the infrastructure behind its fastest-growing features.

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Andreessen Horowitz topped up its fifth growth fund to $8.5 billion, adding about $1.75 billion since the vehicle launched in January at $6.75 billion.

The expansion came just days after a16z closed a separate $1.1 billion Machine Age fund dedicated to AI hardware, covering semiconductors, networking, storage, data-center infrastructure and robotics.

The growth fund is a general late-stage vehicle rather than a crypto-specific one. Across its five vintages, a16z's growth strategy now exceeds $24 billion and backs more than 100 companies through their scaling phase.

The back-to-back raises underline how aggressively a16z keeps building dry powder even as parts of the venture market cool, cementing its place among the largest and most active investors across tech and crypto.

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OpenSea has added Solana NFT trading, letting users buy, sell, and trade the network's collectibles more than four years after a short-lived 2022 beta. Solana is the first non-EVM chain to regain NFT support since that program closed.

Users can now trade popular Solana collections including Claynosaurz, Mad Lads, BoDoggos, Collector Crypt, and Phygitals directly on OpenSea. The 2022 beta covered just 165 collections and gained little traction, ceding most Solana NFT volume to Magic Eden and Tensor.

Solana returned to OpenSea in April 2025 with OS2, but only for fungible tokens, with the company signaling NFTs would follow. That step now completes, extending OpenSea's multichain push beyond EVM networks.

The re-entry pits OpenSea directly against the Solana-native marketplaces that built their lead while it was away.

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Pavel Durov released Gram Wallet, a self-custodial wallet built directly into Telegram, now live for a small initial group of users before a gradual rollout to the app's more than one billion users.

Unlike the third-party Wallet that previously lived inside Telegram, Gram Wallet is Durov's own product. Each user holds their own address behind a 24-word recovery phrase, so private keys stay outside Telegram's reach. Transfers are fee-free and the wallet natively supports Telegram Collectibles.

Access is opening in waves over the coming weeks and through September, expanding region by region as the network scales. GRAM rose about 7% on the news, with trading volume up roughly 137%.

The rollout puts a self-custody wallet in front of one of the largest user bases in tech, a notable step for onchain access at consumer scale.

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Polymarket is raising $1 billion in a round led by 1789 Capital, a deal that would value the prediction-market platform at $21 billion, according to a Bloomberg report.

1789 Capital is expected to contribute hundreds of millions of dollars to the round. The $21 billion figure marks a sharp step up from April, when Polymarket closed financing at a $15 billion valuation with backing from D.E. Shaw and G Squared.

The raise underscores how quickly prediction markets have moved into the mainstream, with Polymarket cementing its position as the category's most valuable player as trading volumes and institutional interest climb.

A $21 billion valuation would place Polymarket among the most richly valued private companies in crypto, just four months after its previous round.

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