Fortitude Mining Holdings has amended its credit facility with parent company Digital Currency Group, increasing the total commitment from $26 million to $50 million. Combined with approximately $7 million remaining under the initial commitment, Fortitude now has roughly $31 million of borrowing capacity available. The amendment allows DCG to fund future loans in Zcash (ZEC) rather than cash, with loans denominated and repayable in US dollars. Fortitude expects the remaining $31 million commitment will be funded in ZEC, which it plans to sell through market transactions. The company intends to use proceeds for Zcash mining machine purchases, facility acquisitions, and infrastructure expansion. The facility is secured by specified assets and includes mandatory prepayment provisions and restrictive covenants. Fortitude continues advancing its proposed business combination with HeartSciences, which would make it publicly traded under the ticker symbol "TUDE".

Circle has raised $440 million in what the company calls the largest crypto funding round in history. The financing ranks among the top 10 private fintech investments and will support Circle's growth, organisational development, and market expansion. Investors include Fidelity Management and Research Company, Marshall Wace, Willett Advisors, Digital Currency Group, FTX, Breyer Capital, and others. Circle provides payments and treasury infrastructure for internet businesses, enabling them to use stablecoins and public blockchains. The company's platform has processed over 100 million transactions for more than 10 million retail customers and 1,000 businesses. Circle co-develops USD Coin (USDC) with Coinbase. USDC has reached $22 billion in circulation and supported over $615 billion in transactions over the past year, growing 436% in 2021.

Adjacent has raised $2.5 million in a pre-seed round led by Night Capital and VanEck, with participation from UFO Holdings, Maven11 and DCG. The startup is building an independent index provider for event contracts and prediction markets. The funding coincides with the launch of Adjacent's first index family focused on the 2024 US elections. Its initial products, RED and BLUE indices, track forward expectations of political party control across multiple levels of US office, providing a consolidated benchmark for election risk. Adjacent publishes its index construction rules and methodologies in a governance portal, targeting use cases across trading, research and editorial integrations. The company plans to expand beyond US politics into global elections, financial markets and macroeconomic events, whilst exploring custom index design for counterparties.