Ground raises $3.6 million pre-seed to bring on-chain yield into fintech apps

San Francisco-based Ground came out of stealth on June 24 after raising $3.6 million in a pre-seed round co-led by Bain Capital Crypto and ParaFi. The raise was structured as a SAFE with token warrants and did not grant investors any board seats or advisor roles. The financing closes a fundraise that started in September 2025 and wrapped the following month.