According to Blockworks, nearly $100 million was raised in various funding rounds this week. The largest round was secured by blockchain payment network Partior, which raised $60 million in a Series B round. This round was led by Peak XV Partners and included contributions from Jump Trading Group and Valor Capital Group. Partior is a joint venture involving JPMorgan, Temasek, DBS, and Standard Chartered, all of which participated in this funding round.

Partior aims to enhance liquidity management for both corporate and financial institutions globally. The new funding will support the development of new capabilities such as Intraday FX swaps, Cross-currency repos, Programmable Enterprise Liquidity Management, and Just-in-Time multi-bank payments. Currently, Partior supports USD, SGD, and EUR, and the investment will help expand its international network and integrate additional currencies.

In other funding news, Tread.Fi, a crypto-native algorithmic trading infrastructure company led by former Morgan Stanley VP of quantitative research David Jeong, announced a $3.5 million pre-seed investment round. This round was led by New Form Capital, with participation from Aquanow and Varys Capital. Tread.Fi offers portfolio management tools and advanced execution algorithms, allowing clients to run the trading engine privately in-house. This provides a unique level of privacy and ownership over trading activities, which is advantageous for routing orders to crypto-native exchanges.

Other notable funding rounds include ZAP, a blast-based token distribution protocol, which raised $15 million led by Rarestone, Cypher Capital, and Sharding Capital. Crypto startup Rome Protocol secured $9 million to bring modular services on Solana to the Ethereum network. Additionally, DeFi fixed-rate lending protocol Term Finance raised $5.5 million in a round led by Electric Capital.