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VC Roundup: Tokenization, DataChain, and Stablecoins


The tokenization of the real-world asset (RWA) has become a major focus for venture capital, as investors are zero at the intersection of two powerful trends: institutional adoption of blockchain technology and the search for alternative yield sources.

In 2025, tokenization emerged as one of the largest blockchain growth areas, with a total cost of onchain assets rising to $ 28 billion from $ 15 billion over the year. As venture companies grow More selective in their capital allocationsTokenized assets stand as a clear place of opportunity.

So far, most of the activity is centered on Private Credit and US Treasury BondsBut the scope continues to expand to include equities and even energy ownership.

The RWA sector has grown rapidly over the last two years. Source: Rwa.xyz

Meditate on this momentum, many major blockchain players-including plume, galaxy ventures, Morpho, OKX ventures, digital and centrifuge-has launched a nine-week accelerator program called Ascend to support developers who are building infrastructure and application.

This month’s VC roundup is spotlights of some space -active companies, including tokenization platform plural, data chain IRYS, Programmable Credit Protocol Credocol Credocol, Web3 Infrastructure Provider Yellow Network and Stablecoin Infrastructure Developer Ulati.

Related: VC Roundup: The Bitcoin Defi Surge, but tokenization and stablecoins take vapor

The Plural tokenization platform closes $ 7 million seeds of seed

Plural, a tokenization platform that allows high yield investments in energy assets such as solar, storage and data center, raised $ 7.13 million in a seed round led by paradigm, with participation from Maven 11, Neoclassic Capital and Volt Capital.

The company brings energy assets to onchain, a transition it sees as critical as artificial intelligence has resulted in the world’s energy demand. According to International Energy Agency.

The plural approach is in line with the wider trend of Asset tokenization in the blockchain industryWhere more real-world assets are brought onchain to open new yield sources for investors.

IRYS raised $ 10 million to generate data -program

IRYS, a layer-1 blockchain designed for intensive data applications such as artificial intelligence, raised $ 10 million in a series of a coinfund-led cycle. Amber group, hypersphere, breed VC and other investors also participated.

Iys described herself as a “Datachain” – a blockchain developed to store large volume of data at low cost. By providing this infrastructure, the company said that the data creators provide to change the stored information in “programmable economic ownership.”

The Coinfund called the decentralized data storage of one of the oldest promises of the blockchain industry, but it was noted that Datochains have long been struggling. Challenges include limits on how much data can be stored, improper economic incentives and the inability of permanent and temporary storage, the company said.

Source: Coinfund

Programmable Credit Protocol ensures $ 4.5 million seed spinning

Credit Coop, a blockchain -based protocol, raised $ 4.5 million from venture companies including Maven 11, LightSpeed ​​Faction and Coinbase Ventures. The fund will support the expansion of the company’s operation.

The platform relates to institutional lenders with yield opportunities supported by a borrower’s proven cash flow. For businesses, it allows traditional properties and expected cash flow to be used as collateral for credit.

To date, Credit Coop is processing more than $ 150 million in total volume, with $ 8.5 million in the active loan remaining.

Related: VC Roundup: The Bitcoin Defi Surge, but tokenization and stablecoins take vapor

Ripple co-founder-backed yellow raises $ 1m in token sale

The Web3 Infrastructure Company Yellow Network has raised more than $ 1 million from US accredited investors through a token sale in the Republic. The Reg D-Following offer of yellow tokens is oversubscribe, the company said.

Backed by Ripple co-founder Chris Larsen, the Yellow Network builds an infrastructure for digital asset trading, providing brokers, exchanges and institutions with back-end systems that allow safe cross-chain trading.

The company said the increase shows that crypto recruitment can be carried out within regulated frameworks. “The US market is ready for regulated digital infrastructure, where institutions and creators can engage in confidence,” Alexis Sirkia of the Yellow Network said.

Stablecoin Utila infrastructure provider raises $ 22 million

Utila, a blockchain infrastructure company that specializes in Stablecoin operations, raised $ 22 million in a series a extension round chaired by Red Dot Capital Partners, with participation from NYCA Partners, Wing VC and more. The company offers caution, purse management and compliance solutions to help businesses include Stablecoin operations.

The fund comes in the middle rising adoption of stablecoinsapproaching a combined market capitalization of $ 300 billion. The ornament reported that it processed more than $ 60 billion in transactions as demand for Stablecoin -focused operating systems increased.

The Capital of the Stablecoin Market exceeds $ 285 billion. Source: Delete

Related: PayPal Ventures Backs Kite AI with $ 18m in Power AI agent