Crypto Fundraising weekly
Dates: 08 – 14, Jun 2025

This week's biggest funding round

IREN (ex Iris Energy) raised $450M in a Private funding round from .

Iris Energy (IREN) is a leading next-generation data center business that powers Bitcoin mining, AI, and other operations using 100% renewable energy. Headquartered in Australia, Iris Energy aims to scale its hash rate capacity to 30 EH/s and data center capacity to 510 MW by 2025, with plans for further expansion and power monetization activities.

Pre-seed and Seed investment rounds

Yupp raised $33M in a Seed funding round from Andreessen Horowitz (a16z crypto)*, Coinbase Ventures, Kunal Shah, Gokul Rajaram.

Yupp is a consumer AI model discovery and evaluation platform that lets users explore and compare the latest AI models for free. It crowdsources model evaluation: users submit prompts, compare multiple AI-generated responses side-by-side, and select the best ones. This generates digitally signed preference data used for AI post-training and evaluation.

Noah raised $22M in a Seed funding round from LocalGlobe*, Felix Capital, FJ Labs, Joe Lonsdale, David Helgason.

Noah is a stablecoin-based cross-border payments platform and crypto wallet designed for both businesses and individuals. It supports global transactions across 120+ local currencies, Bitcoin, and stablecoins with enterprise-grade compliance and real-time settlements. Noah provides a unified API for payment rails (cards, bank transfers, mobile money), KYC/AML tools, fast liquidity solutions, and a hosted checkout experience. Partnering with Circle, it integrates USDC for seamless payroll, remittances, and business payouts across decentralized and traditional financial systems.

Silhouette raised $3M in a Pre-seed funding round from RockawayX*, Amber Group, Hivemind, No Limit Holdings (NLH), Protagonist, NGC Ventures, Echo.

Silhouette is a privacy-focused decentralized trading protocol integrated with the Hyperliquid ecosystem. Using Trusted Execution Environments (TEEs), it enables confidential execution of various order types like swaps, RFQs, and auctions, protecting users from frontrunning and MEV. Silhouette inherits Hyperliquid’s native performance and liquidity, while introducing an encrypted execution layer to ensure trader anonymity and execution integrity.

NuConstruct raised $6M in a Seed funding round from Cyber Fund*, Maven 11 Capital, Greenfield Capital, Digital Currency Group (DCG), Eden Block.

NuConstruct is a crypto infrastructure firm providing a trustless on‑chain orderflow execution layer. It supports users, traders, dApps, and enterprises with advanced transaction processing on Ethereum and BNB Chain. The firm is building TOOL (Trustless Orderflow Operations Layer), a middleware solution that leverages Intel TDX-enabled Trusted Execution Environments (TEEs). TOOL slices each 12-second Ethereum block into one-second mini-rounds, enabling sealed-bid auctions for ultra-fast, private, and frontrunning-resistant execution.

Orange Cap Games (Vibes) raised $3.5M in a Seed funding round from 1kx*, Yuga Labs*, Bing Ventures, Infinity Ventures Crypto (IVC).

Vibes is a hybrid digital and physical trading card game developed by Orange Cap Games, centered around the Pudgy Penguins IP. It combines both physical collectibles and digital gameplay, offering a unique experience for trading card enthusiasts. Players can collect, trade, and engage with their cards across both mediums, creating an immersive and interactive gaming environment that blends traditional and modern elements.

Other investment rounds

Hyperion raised undisclosed amount in a Strategic  funding round from OKX Ventures (ex OKEx Blockdream Ventures)*, Aptos Labs, Maelstrom, Mirana Ventures.

Hyperion is a fully on-chain hybrid Orderbook-AMM DEX built natively on Aptos, combining high throughput and low latency to deliver a seamless trading experience. Designed for both professional and retail traders, it aims to serve as Aptos’ foundational trading engine, offering competitive liquidity and advanced market infrastructure.

Stable raised undisclosed amount in a  funding round from Gabriel Abed.

Stable is a Layer 1 blockchain designed for stablecoin-native applications, with USDT (Tether) as its gas token. It enables zero-fee peer-to-peer USDT transfers and supports smart contracts operating directly in stablecoins. Stable’s USDT0 mechanism facilitates cross-chain USDT transfers without bridges. The architecture provides a gas-less experience, built-in fiat on-ramps, and enterprise-grade throughput—targeting cross-border payments, treasury operations, FX, and institutional use cases.

Hey Anon raised $144K in a  funding round from Sonic Innovator Fund.

Hey Anon is an on‑chain AI-powered DeFi assistant that transforms fragmented DeFi workflows into simple natural language conversations. Users can bridge, swap, stake, and borrow across chains while accessing real-time insights on project activity, prices, and community sentiment. The assistant aggregates data from Twitter, Telegram, Discord, GitHub, and Gitbook, fusing it into actionable intelligence. Built for the Sonic ecosystem, Hey Anon leverages Sonic’s speed to enable real-time execution and AI-assisted trading through an intuitive HUD.

World of Dypians raised undisclosed amount in a  funding round from Castrum Capital.

World of Dypians is a metaverse platform built on blockchain technology, offering an immersive virtual experience where users can explore, interact, and earn rewards. The platform integrates elements of DeFi and NFTs, allowing players to own assets, trade, and participate in governance. It provides various play-to-earn opportunities and supports community-driven ecosystems.

Soon (Solana Optimistic Network) raised $5M in a  funding round from Jump Crypto, Amber Group.

SOON utilizes the Solana Virtual Machine (SVM) with parallel transaction execution via Sealevel runtime, enhancing network performance and security. The Decoupled SVM, built on Anza’s SVM API, improves security by decoupling Transaction Processing Unit (TPU) and Proof of History (POH), reducing data availability wastage and removing unnecessary vote transactions. The SOON Stack enables deployment on any Layer 1 blockchain using ZK fraud proofs, significantly shortening dispute resolution times. It also offers configurable Data Availability (DA) options like EigenDA, Avail, or Celestia.

Privy raised undisclosed amount in a M&A  funding round from Stripe.

Privy is a wallet infrastructure platform designed to seamlessly integrate crypto functionalities into applications. It enables developers to effortlessly create and manage self-custodial wallets, facilitate on-chain transactions, and incorporate blockchain features through a single API. Privy supports various authentication methods, including email, SMS, and social logins, enhancing user onboarding experiences. The platform is compatible with multiple blockchain networks, such as EVM chains and Solana, and offers features like gas sponsorship and portable accounts.

OneBalance raised $20M in a Series A  funding round from Cyber Fund*, Blockchain Capital*, Mirana Ventures, L2 Iterative Ventures (L2IV).

OneBalance is a framework for creating and managing Credible Accounts. A Credible Account is an extension to existing account formats (externally owned accounts, smart accounts, stateful accounts) which allows them to make credible commitments without the need for global consensus.

TYB (Try Your Best) raised $11M in a Series A  funding round from Offline Ventures*, Strobe Ventures (ex BlockTower Capital)*, Coinbase Ventures, Castle Island Ventures, Unusual Ventures.

TYB is a Web3-native community rewards platform built on Avalanche. It empowers consumer brands—across beauty, fitness, food, and lifestyle—to create branded NFTs and coin rewards that fans earn through engaging actions like UGC, social sharing, and product feedback. Fans collect tokens and digital collectibles, redeeming them for discounts, exclusive access, and perks. Integrated with Shopify, TYB enables token-gated loyalty programs without requiring wallets or crypto experience.

OpenTrade raised $7M in a  funding round from Notion Capital*, Mercury Fund*, AlbionVC, Andreessen Horowitz (a16z crypto), CMCC Global.

OpenTrade is a decentralized finance (DeFi) protocol platform offering institutional-grade lending and yield products tailored for fintechs and institutional investors in both Web2 and Web3 ecosystems. It combines technology infrastructure with legal and operational frameworks to support compliant and scalable financial services, including liquidity pools for assets like U.S. Treasury bills and investment-grade commercial paper. OpenTrade's platform, running on Ethereum and Polygon blockchains, facilitates tokenized fixed-income products and enables businesses to access financing from a network of non-bank lenders within existing systems.

Hypernative raised $40M in a Series B  funding round from Ten Eleven Ventures*, Ballistic Ventures*, StepStone Group, Boldstart Ventures, IBI Tech Fund, Quantstamp.

Hypernative is a Web3 security platform offering real-time monitoring and risk management tools to safeguard blockchain projects from potential threats. Using AI and machine learning, it analyzes both on-chain and off-chain data to detect over 200 types of risks, including smart contract vulnerabilities, bridge security flaws, and market manipulations. By identifying these risks before they escalate, Hypernative enables developers and organizations to take proactive measures, ensuring the security and stability of their decentralized applications.

Moongate raised undisclosed amount in a M&A  funding round from Humanity Protocol.

Moongate is an integrated platform empowering brands and event organizers to enhance community engagement through NFT tickets and memberships, offering exclusive experiences and benefits. With features like ticket creation, membership programs, benefit campaigns, and customer analytics, Moongate simplifies the process for vendors to interact with customers before, during, and after events, fostering brand loyalty and community interaction using blockchain technology seamlessly integrated with Web2.

Football Fun raised undisclosed amount in a  funding round from 6th Man Ventures (6MV).

Football.Fun is a Web3 fantasy football platform where player cards are traded like memecoins. Users build squads by opening player packs, compete in tournaments, and trade player shares via a dynamic AMM-based market. The platform includes free-to-play access, invite-only beta, and an airdrop for early participants.

Mixie raised undisclosed amount in a M&A  funding round from Zelgor Games.

Mixie is a Web3-native, AI-driven game-creation platform and launchpad that empowers both novice creators and seasoned developers to design immersive games—ranging from casual puzzles to 3D worlds—using no-code tools. It combines generative AI for asset creation, procedural storytelling, tokenized incentives (including staking and memecoins), and NFT drops to democratize game development.

Turnkey raised $30M in a Series B  funding round from Bain Capital Crypto*, Sequoia Capital, Lightspeed Faction, Galaxy Digital, Variant Fund, Wintermute Ventures.

Turnkey is a platform that provides simple APIs to securely manage private keys. It allows users to generate hundreds of wallets and sign thousands of transactions across any chain, all with flexible, programmable permissions to ensure you only sign what you want.

Rise Labs raised $4M in a Strategic  funding round from Galaxy Digital.

RISE is a Layer 2 platform designed to revolutionize blockchain scalability with over 100,000 transactions per second. Aiming to achieve Ethereum’s vision, RISE preserving decentralization and security while delivering near-instant, low-cost transactions. Its architecture, built on Rust-based infrastructure and parallel Ethereum Virtual Machine (EVM) execution, surpasses current Ethereum Layer 2 solutions, unlocking new possibilities for blockchain apps.

Plasma raised undisclosed amount in a Public sale  funding round from .

Plasma is a high-throughput, zero-fee payment platform built on Bitcoin. It enables USD₮ transfers with no fees and supports over 1,000 transactions per second, leveraging Bitcoin’s security. Plasma introduces a novel Nakamoto PoS consensus mechanism and a hybrid UTXO/Account architecture, allowing developers to build and execute modular smart contracts. The platform is designed to enhance Bitcoin’s utility for payments and decentralized applications with scalable, low-latency solutions.

Towns Protocol raised $3.3M in a Public sale  funding round from .

Towns is a decentralized communication protocol and application designed to empower communities to build, own, and govern their digital town squares. Leveraging Ethereum-based smart contracts, it offers end-to-end encrypted messaging, decentralized storage via distributed stream nodes, and programmable spaces that allow for customizable access, monetization, and governance. Communities can sell exclusive access to group chats, retain full ownership of their data, and establish immutable, on-chain memberships.

* fund, that lead investment round