Institutional capital continued flowing into fundamental crypto infrastructure during the second week of September 2026. Oak HC/FT led a $35 million Series A round for Latitude on September 9, coinciding with analytics firm TRM Labs seeing its valuation surge to $2 billion through a Series C expansion.
Latitude provides infrastructure bridging two financial systems. The company builds rails that use stablecoins as a behind-the-scenes settlement mechanism. Once value is transferred across the blockchain network, Latitude’s system delivers final payouts to recipients via local banking rails in the destination country.
Regulatory compliance underpins Latitude’s cross-border operations. The company has secured money-transmitter licenses or regulatory approvals across 45 US markets. That legal standing opens a compliant avenue for US-based businesses needing to pay overseas vendors or counterparties without the friction of legacy systems.
TRM Labs’ Valuation Leap
San Francisco-based TRM Labs posted substantial growth in its company valuation. Its Series C funding expansion on September 9, led by Blockchain Capital, doubled the firm’s valuation to $2 billion. This figure is twice its valuation from the initial Series C round back in February, although the blockchain analytics and compliance firm chose to keep the amount of newly injected capital undisclosed.
Where the $151 Million Flowed
Disclosed crypto industry funding throughout the week of September 5 to 11, 2026, totaled $151 million across five distinct funding deals. The largest funding amount came from the previously announced $100 million deal between Nasdaq and Kraken. Latitude’s cash injection ranked second at $35 million, followed by Antarctic Exchange securing $7 million.
Funding for Antarctic Exchange was provided by Valisa Capital Markets and Lucidity Capital to build a decentralized perpetual futures platform. The capital pegged the project’s valuation at $70 million via a SAFE-plus-token funding structure. In a separate deal on September 8, Robinhood made a strategic move by announcing equity stakes in Crypto.com and OG.com through a prediction-market partnership, with the investment sum undisclosed.
Traditional Players Make Moves
The collaboration between Nasdaq and Payward - the parent company behind Kraken - highlights frontline technology exchange. Kraken is preparing to adopt Nasdaq’s market surveillance technology across all its trading venues. Meanwhile, Nasdaq plans to launch its own stock tokenization framework through a product called Nasdaq Equity Tokens in the second quarter of 2027.
This flurry of deals in early September demonstrates the direction of institutional investment. Millions of dollars are not flowing into retail platforms or experimental coins, but are instead concentrated in infrastructure entities and compliance tools that complement modern banking systems.
Reported by crypto.news.
Also read: What Is DeFi (Decentralized Finance)?
Disclaimer: This article is for informational and educational purposes only, not financial advice. Cryptocurrency assets are highly volatile and carry significant risk. Always do your own research (DYOR) and never invest more than you can afford to lose.
