Instinct Raises $250M at $2.5B Valuation

This round at a $2.5B valuation signals sustained institutional appetite for crypto infrastructure despite broader market volatility. The scale of capital suggests backers are betting on long-term adoption rather than short-term price cycles. The key question is how Instinct deploys this war chest—whether it expands into new verticals or deepens existing services—and whether similar mega-rounds follow, which would indicate a broader funding thaw in the sector.