Initial Coin Offering Funded Financial Services Startups
Across these 15 Financial Services Initial Coin Offering entries (most recent through oldest: 2025-09-24 back to 2021-08-05), the disclosed amounts are sha…
Across these 15 Financial Services Initial Coin Offering entries (most recent through oldest: 2025-09-24 back to 2021-08-05), the disclosed amounts are sharply skewed. Venice Swap raised $100M on 2022-04-21, while the next-highest disclosed rounds are Ava Labs at $230M (2021-09-16) and Bitcoin.com at $34M (2022-05-05); otherwise, several rounds sit at $10M, $30M, or below (e.g., Ethena $20M on 2025-09-24; Akt $30M on 2022-03-17; 5ire $100K on 2022-03-29).
Date clustering is also visible: four rounds land between 2022-03-17 and 2022-04-21 (Akt $30M; Mina $92M on 2022-03-17; 5ire $100K; Venice Swap $100M), and several additional entries fall in early 2022 (Minterest $6M on 2022-02-14; MX Global $100K on 2022-03-01; Affyn $10M on 2022-01-13). Geographic and company-size outliers stand out as well, including repeated Singapore listings (Affyn $10M on 2022-01-13; Meta Bank Defi $100K on 2021-12-08) alongside multiple U.S. entries such as Ava Labs (Brooklyn) and TrueFi (San Francisco).
Most recent rounds
15 shownRelated listings
Frequently asked
What stands out most in disclosed round size for Financial Services ICOs on this page?
The largest disclosed amount is Ava Labs at $230M (2021-09-16). Venice Swap’s $100M (2022-04-21) is the next-highest figure, while several others cluster at $10M or below, including multiple $10M rounds (Ondo Finance $10M on 2022-07-06; Affyn $10M on 2022-01-13; SmartFi $10M on 2021-10-12) and small outliers like 5ire $100K (2022-03-29) and MX Global $100K (2022-03-01).
Is there a noticeable date cluster among these ICO rounds?
Yes. Four entries fall within a narrow window from 2022-03-17 to 2022-04-21, including Akt $30M (2022-03-17), Mina $92M (2022-03-17), 5ire $100K (2022-03-29), and Venice Swap $100M (2022-04-21). A second concentration appears in early 2022 as well, with Minterest $6M (2022-02-14) and MX Global $100K (2022-03-01) sitting just before that cluster.
Which geographies appear repeatedly, and do they include both large and small disclosed amounts?
Singapore appears twice with a wide spread: Affyn raised $10M on 2022-01-13, while Meta Bank Defi raised $100K on 2021-12-08. The U.S. also shows multiple entries across different cities (e.g., Mina $92M in San Francisco on 2022-03-17; TrueFi $13M in San Francisco on 2021-08-05; Ava Labs $230M in Brooklyn on 2021-09-16), suggesting city-level variety rather than a single dominant U.S. hub in this slice.
Which “outlier” entries might deserve extra diligence beyond the size/volume norm?
Several amounts deviate from the mid-range cluster: 5ire at $100K (2022-03-29) and MX Global at $100K (2022-03-01) are much smaller than the main $10M–$30M set, while Ava Labs’ $230M (2021-09-16) and Venice Swap’s $100M (2022-04-21) sit well above most other disclosed rounds (e.g., Lum Network $4M on 2021-12-14; Minterest $6M on 2022-02-14).
How do the most recent and the oldest disclosed rounds compare in both timing and amount?
The most recent entry is Ethena at $20M on 2025-09-24. The oldest disclosed entry on this page is TrueFi at $13M on 2021-08-05, placing both at similar mid-range levels compared with the larger outliers (Ava Labs $230M on 2021-09-16 and Venice Swap $100M on 2022-04-21) that occur between them.
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