Initial Coin Offering Funded Startups in United States
12 initial coin offering funded startups in united states — recent funding rounds, disclosed amounts, and headquarters. Updated weekly, free to browse.
Among the 12 most recent U.S. initial coin offering entries shown here, MegaETH’s $50M round (2025-10-29) stands out as the only disclosed amount above $50M in this slice; the next-largest disclosed rounds are Mina ($92M on 2022-03-17) and Ava Labs ($230M on 2021-09-16), which are both well above the rest. The disclosed-amount distribution also has clear lows: Crypto Bank closed at $100K on 2021-10-04, far below the $10M–$14M cluster that appears multiple times (e.g., Ondo Finance $10M on 2022-07-06; Shrapnel $7M on 2022-04-11; SmartFi $10M on 2021-10-12; VCR Group $14M on 2022-01-13).
Geographically, San Francisco-based companies recur (Mina 2022-03-17; Agoric 2021-11-11; Azuki 2022-10-25; Braintrust is in San Jose; and other cities include New York, Seattle, Orem, Brooklyn, Sheridan, and Stanford). Temporally, the visible rounds run from 2021-08-05 (TrueFi) through 2025-10-29 (MegaETH), with a tight concentration in 2021–2022: 10 of the 12 rows fall between 2021-08-05 and 2022-10-25. Sector-wise, “Financial Services” appears most frequently (Ondo Finance, Mina, SmartFi, VCR Group? no, VCR Group is Administrative Services; Ava Labs, TrueFi, plus one more Financial Services entry), making it the dominant category among these 12.
Most recent rounds
12 shownRelated listings
Frequently asked
What’s the largest disclosed IPO-style crypto funding amount in this list, and how isolated is it?
Ava Labs has the largest disclosed amount at $230M (2021-09-16). It dwarfs the next set of large disclosed rounds (Mina $92M on 2022-03-17; Braintrust $100M on 2021-12-09; MegaETH $50M on 2025-10-29), with most other disclosed amounts landing well below $50M.
Which round looks like a low-end outlier, and where does the rest cluster?
Crypto Bank is the low-end outlier at $100K (2021-10-04). Excluding that, several disclosed rounds cluster in the low tens of millions, including Ondo Finance $10M (2022-07-06), SmartFi $10M (2021-10-12), VCR Group $14M (2022-01-13), and Shrapnel $7M (2022-04-11).
Are there clear time clusters across the 12 most recent entries?
Yes. Ten of the 12 rows fall in 2021–2022, spanning from TrueFi $13M (2021-08-05) through Azuki $3M (2022-10-25). Only two entries extend beyond that window: Shown in 2025 is MegaETH $50M (2025-10-29), while the remaining non-2021–2022 items are still within the same overall slice.
Does a single geography dominate, or are cities spread out?
San Francisco appears repeatedly: Mina ($92M on 2022-03-17), Azuki ($3M on 2022-10-25), and Agoric ($32M on 2021-11-11) are all listed in San Francisco, while other metros are more one-off (New York: Ondo Finance $10M on 2022-07-06 and Ava Labs $230M on 2021-09-16; Seattle: Shrapnel $7M on 2022-04-11; Brooklyn: Ava Labs).
Which sectors show up most often, and do any categories look underrepresented?
Financial Services is the most frequent sector in this slice, appearing in Ondo Finance ($10M on 2022-07-06), Mina ($92M on 2022-03-17), SmartFi ($10M on 2021-10-12), Ava Labs ($230M on 2021-09-16), and TrueFi ($13M on 2021-08-05). Other sectors appear once each in these 12 rows, such as Blockchain/Cloud Computing (MegaETH) and Information Technology (Shrapnel).
What’s the most recent entry in the list, and how does it compare to earlier rounds in the same table?
MegaETH is the most recent entry, closing an Initial Coin Offering at $50M on 2025-10-29. In context, that sits below the largest earlier disclosed rounds (Ava Labs $230M on 2021-09-16; Mina $92M on 2022-03-17; Braintrust $100M on 2021-12-09) but above multiple low-to-mid tens of millions (e.g., Agoric $32M on 2021-11-11 and VCR Group $14M on 2022-01-13).
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