Gauntlet has closed a $125 million Series C led exclusively by SBI Holdings, securing one of the biggest fundraising rounds in decentralised finance this year. The investment accelerates the DeFi risk management and yield curation platform's expansion into traditional capital markets and broadens its stablecoin infrastructure beyond the US dollar, making it a significant milestone. Gauntlet, which was founded by Tarun Chitra, currently oversees over $1.5 billion in carefully selected money across more than 150 protocol integrations. The additional funding is intended to enable a more comprehensive institutional strategy.

• SBI Holdings Becomes the Sole Investor in Gauntlet's Series C
• New Capital Will Fund Expansion Into Traditional Capital Markets
• Stablecoin Strategy Expands Beyond the US Dollar
• Gauntlet Now Oversees More Than $1.5 Billion Across 150+ Integrations

SBI Holdings Becomes the Sole Investor in Gauntlet's Series C

SBI Holdings, one of Japan's biggest financial services companies with a growing digital asset sector, was the only investor in Gauntlet's most recent funding round, in contrast to most venture rounds that feature several investors. The largest capital raise in Gauntlet's history, the round concluded in June.

The fundraising comes after Gauntlet's $24 million Series B, which was finished in 2022 and valued the business at $1 billion. CEO Tarun Chitra said that the new funding will be utilised to greatly increase Gauntlet's institutional services rather than only scale its current DeFi solutions, even though the company did not provide its most recent valuation. The transaction's sole financial and strategic advisor was the financial advice firm FT Partners.

The investment is in line with SBI Holdings' larger plan to increase its exposure to tokenised financial products, institutional digital asset services, and blockchain infrastructure. The business has kept growing its cryptocurrency presence through partnerships and investments in digital securities, exchanges, and blockchain-based financial infrastructure.

New Capital Will Fund Expansion Into Traditional Capital Markets

Gauntlet's risk management system will be expanded beyond decentralised finance with a large amount of the incoming investment.

Using institutional-grade risk frameworks, the company intends to develop solutions that link conventional financial institutions with on-chain markets, giving them access to blockchain-based income potential. Gauntlet aims to become the infrastructure layer that facilitates traditional investors' safe participation in tokenised financial markets rather than concentrating just on crypto-native protocols.

According to Tarun Chitra, the company's long-term goal is to use risk-managed financial products to link traditional and decentralised finance. Instead of relying solely on speculative returns, the company thinks that institutional adoption will increasingly depend on strong portfolio architecture, clear risk analytics, and well-managed on-chain strategies.

Announcing the close of our $125M Series C, led by SBI Holdings.https://t.co/Lk6HVSzU9H

— Gauntlet (@gauntlet_xyz) July 9, 2026

Stablecoin Strategy Expands Beyond the US Dollar

Gauntlet's expanding stablecoin business is another important area of focus for the incoming capital.

The company plans to increase support for more fiat-backed stablecoins, particularly those associated with the Japanese yen (JPY) and Mexican peso (MXN). This is a reflection of growing institutional demand for non-US dollar-denominated on-chain financial products.

Gauntlet hopes to help local financial institutions, international payment apps, and tokenised capital markets that need exposure to local currencies by expanding stablecoin coverage. The action may hasten the institutional adoption of yen-based digital assets and strengthen SBI Holdings' robust position in Japan.

In addition to stablecoins, the company intends to launch other on-chain investment products for institutions looking for return methods with active risk management that have been carefully chosen.

We've closed a $125M Series C led by SBI Holdings.

The capital will support building our infrastructure across traditional capital markets, expanding stablecoin coverage, and accelerating new onchain offerings.

As institutions move onchain, we're providing the quantitative…

— Gauntlet (@gauntlet_xyz) July 9, 2026

Gauntlet Now Oversees More Than $1.5 Billion Across 150+ Integrations

Gauntlet is in a position of significant scale as he enters the following stage. The company claims to presently oversee over 150 integrations across the decentralised finance ecosystem, managing over $1.5 billion in curated capital.

Gauntlet has progressively moved into yield curation, assisting users in allocating capital among strategies while continuously monitoring protocol risk, liquidity conditions, and market exposure. Gauntlet was first well-known for creating quantitative risk models utilised by top DeFi protocols.

With the most recent capital, the business can expand on that base and aim for a far larger market. Gauntlet is portraying itself as an infrastructure for organisations venturing into tokenised banking, rather than just crypto-native protocols.

The business anticipates accelerating the development of institutional on-chain solutions, growing its multi-currency stablecoin offerings, and solidifying its position at the nexus of traditional finance and decentralised markets with the financial and strategic support of SBI Holdings.

If you find any issues in this article or notice missing information, please feel free to reach out at team@etherworld.co for clarifications or updates.

To promote your Web3 articles, events, and projects, you may reach out anytime via EtherWorld PR for submissions and collaboration.

Related Articles

1. Bitcoin's Latest Proposal Sparks Major Community Divide
2. Securitize Goes Public With $1.25B NYSE Debut
3. Ondo Brings BlackRock ETF & Micron Shares Onchain
4. 17 Banks Join Swift's Blockchain Payment Push
5. Europe's Largest Fintech Revolut to Delist USDT by August 31

To follow blockchain news, track Ethereum protocol progress, and read our latest stories, subscribe to our weekly today.