[Crypto Dealbook] $1.84517 billion raised cumulatively this month... Kalshi accounts for 80% of weekly fundraising

Crypto venture funding reached $1.845 billion across 50 rounds so far in October, per CryptoRank data, up sharply from September's $680.5 million (52 rounds) and August's $1.593 billion (62 rounds). The month's largest deal was Calsi's $1 billion raise, which alone accounted for 80% of the week's total funding. Other notable rounds included Hive Digital Technologies' $129 million post-listing debt raise on October 27 and Hyperbolic Labs' $30 million Series A extension led by Walden Catalyst. Smaller deals included MokaTrade's $4.87 million seed round backed by CoinFund and Luxor's $16 million strategic raise. The concentration of capital in a single mega-round highlights how headline deals are masking softer activity across the broader market; watch whether November funding broadens beyond a few large transactions.