Crypto.com secured $400M from Citadel Securities at a $20B valuation, while Alpaca raised $135M and Flex $70M for stablecoin-based banking. Asia links abound: Japan's SBI acquired Singapore's Coinhako, India's Emergent hit $1.5B, and Hong Kong-based AI-Native DEX Quote Trade closed $4M. AI and robotics saw mega-rounds, with Fireworks at $1.5B and Walden Robotics at $300M.