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Raise secures $63M to launch blockchain-based gift card system Crypto gift card startup Raise raised $63 million in a strategic funding round led by Haun Ventures, with participation from Paper Ventures, Selini Capital, GSR and Solana co-founder Raj Gokal, according to Fortune…

Crypto investment funds suffered last week, shedding $508 million in net outflows, marking the second consecutive week of losses. According to CoinShares , the bleeding funds included those managed by BlackRock, Bitwise, Fidelity, Grayscale, ProShares, and 21Shares. The retreat signals investors’ cautious approach amid economic uncertainty following the U.S. presidential inauguration. Bitcoin bore the brunt , seeing $571 million flow out, while short-Bitcoin funds gained $2.8 million in inflows. Investors are bracing for potential market shifts, with the overall trading turnover plummeting from $22 billion to $13 billion within a week. “We believe investors are exercising caution following the US Presidential inauguration and the consequent uncertainty around trade tariffs, inflation, and monetary policy,” the report said. This latest setback follows a previous week of losses, bringing total outflows over the last two weeks to $924 million. That decline comes after a staggering 18-week streak of inflows totaling $29 billion, showcasing how quickly sentiment in the crypto market can change. Most losses stemmed from U.S.-based funds, accounting for $560 million in outflows. Brazil, Canada, and Hong Kong investors also pulled out, signaling widespread caution. Despite the retreat in North America, the European market stood firm. Funds in Germany, Switzerland, and Sweden posted net inflows of $30.5 million, $15.8 million, and $4.9 million, respectively. The resilience in Europe contrasts sharply with the U.S., where regulatory uncertainty and macroeconomic factors continue to create hesitation. The new U.S. administration’s stance on crypto regulations and monetary policies has left many investors on edge. The market’s reaction suggests traders are either locking in profits or hedging against potential downturns. Meanwhile, Bitcoin’s price remained relatively flat, dipping only 0.3% over the past week despite the significant outflows. This signals that while funds are shifting, the market remains in a wait-and-watch mode rather than entering a panic-driven selloff. While Bitcoin struggled, altcoins continued to attract fresh capital, proving that investors still see opportunity outside the largest cryptocurrency. XRP led the charge , pulling in $38.3 million in inflows, a continuation of the momentum it has enjoyed since mid-November 2025. Total inflows into XRP since then now stand at an impressive $819 million as speculation mounts over a potential resolution in the SEC lawsuit. Solana, Ethereum , and Sui also saw positive movement, bringing in $8.9 million, $3.7 million, and $1.47 million, respectively. These numbers indicate that investors are selectively placing bets on assets with strong fundamentals or ongoing regulatory developments that could swing their fortunes in the near future. The heaviest bleeding occurred in U.S. spot Bitcoin exchange-traded funds (ETFs), which witnessed $552.5 million in exits last week. The outflows from ETFs highlight a shifting sentiment, particularly among institutional investors who had piled into these funds following the approval of spot Bitcoin ETFs earlier this year. While Bitcoin ETFs were initially viewed as a game-changer for mainstream adoption, recent outflows suggest that investors are either locking in gains or reassessing their exposure in light of economic uncertainties. The short Bitcoin inflows indicate that some traders are even betting on further downsides for the leading cryptocurrency.

Delta Blockchain aims to simplify cross-chain Ethereum and Solana app development with new 'Inclusive Layer'

Raise, a crypto gift card platform, announced that it has completed a $63 million financing round, led by Haun Ventures, with participation from Paper Ventures, Selini Capital, GSR and Solana co-founder Raj Gokal.

1) A Solana Memecoin Contagion Key takeaways from my latest Messari report There's been a lot of talk recently about whether memecoins are dead, and whether Solana is fucked as a result. I'm here to give you the numbers. A 🧵👇 quantifying Solana's memecoin exposure: