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Aeon, a Nigerian cybersecurity startup, has raised $1 million in pre-seed funding led by Terra Industries, the hardware company that has itself pulled in $51.7 million so far in 2026. Resilience17, the early-stage firm founded by Flutterwave CEO Olugbenga Agboola, joined the round, alongside DFS Labs, Kaleo Ventures, Seedstars and Ajim Capital.

The crypto industry has spent years trying to build a better mousetrap for institutional finance. New blockchains, custom validators, vertical integrations—all promising to replace the creaky, legacy plumbing of Wall Street. Ondo Finance is taking a different path: it is simply moving into the house that already exists.