AI infrastructure drew billions globally, with Firmus raising $2B for Asia expansion and Singapore's Acrab securing $130M. In crypto, stablecoin and RWA deals led Asia-linked rounds: Yellow Card raised $40M from Standard Chartered and Sony, Japan's JPYC added $6.3M, and Dow Protocol netted $10.5M for e-commerce RWA financing. Mastercard's BVNK acquisition underscores the institutional push into stablecoin rails.