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Strive Secures $630M; Tether Activity, CeFi Draw Attention

Incrypted tracked 11 investment deals between Oct. 17 and 24, 2026, with disclosed amounts for six totaling nearly $691 million. Strive’s completed $630 million preferred-share offering accounted for most of that sum; its shares began trading on Oct. 20, 2026. The roundup also included deals completed earlier, including Dataline’s financing, closed in April, and Robinhood Ventures Fund I’s investment in Erebor Bank, completed Sept. 17.

Tether backed Mural and Peso, making it the most active investor in the roundup; the amount of Peso’s funding was not disclosed. Bitget announced plans to acquire GMO-Z.com, but completion remains subject to regulatory approvals and other conditions. OpenWorld signed an agreement to acquire Blocksight and plans to integrate its technology after the deal closes.

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