Crypto Fundraising weekly
Dates: 13 – 19, Jul 2025

This week's biggest funding round

Plasma raised $50M 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.

Pre-seed and Seed investment rounds

ACM+ (AI Cross Matrix) raised $12M in a Seed funding round from Asva Capital, Genesis Capital VC, BuzzBridge Capital, Avalon Wealth Club, M2M Capital.

AI Cross Matrix (ACM) is a privacy-centric financial protocol enabling decentralized, cross-chain, and untraceable asset transfers. Built on zero-knowledge proofs (ZKPs), ring signatures, and AI-driven path obfuscation, ACM ensures end-to-end anonymity and secure transaction routing. It aims to serve as the foundational layer for open, private, and compliant Web3 finance, blending advanced cryptography with decentralized infrastructure to support scalable, secure, and censorship-resistant asset flows across blockchains.

Function (ex Ignition) raised $10M in a Seed funding round from Galaxy Digital*, Antalpha Ventures, Mantle Network.

Function’s ƒ(BTC) is an institutional-grade protocol that enables seamless Bitcoin integration into DeFi. It provides direct minting and burning of FBTC via secure multi‑signature and MPC processes, unlocking BTC’s liquidity across Ethereum, Arbitrum, Mantle, and more. With over $1.6 billion in TVL and robust infrastructure backing, ƒ(BTC) empowers institutions to use Bitcoin as productive collateral in lending, yield farming, re‑staking, and cross‑chain strategies, while maintaining regulatory-grade security and multi‑chain composability.

W3 io raised $7M in a Seed funding round from Blockchange Ventures*, Framework Ventures, Arrington Capital.

W3.io is a company building the world’s first Programmable Intelligence Economy (PIE)—an automation and AI-powered middleware layer that makes blockchains smart. Its “Prodigy Networks” process, verify, and trigger on-chain and off-chain logic autonomously, enabling new classes of AI-reactive smart contracts, event-driven escrows, automated collateral systems, and adaptive cross-chain operations.

Other investment rounds

Pocket Protector raised undisclosed amount in a M&A  funding round from dYdX Foundation (dY/dX).

Pocket Protector is a social trading platform that operates via a Telegram bot and iOS app, enabling users to trade spot tokens and perpetuals on Solana, Hyperliquid, and other networks directly within chat environments. It features copy trading, limit orders, stop-loss/take-profit tools, alerts, leaderboards, and referral tracking. It blends trading execution with social engagement—making crypto trading collaborative, accessible, and real-time.

Kun raised undisclosed amount in a Series A  funding round from BAI Capital, GSR Ventures, Eternium Global.

KUN is a global digital payment service provider offering compliant, efficient, and secure solutions for cross-border trade, overseas businesses, Web3 enterprises, and high-net-worth individuals. Leveraging payment licenses and crypto regulatory frameworks in regions like Hong Kong, Singapore, the Middle East, and the EU, KUN addresses challenges in cross-border payments by bridging stablecoins and fiat systems.

Spiko raised $22M in a Series A  funding round from Index Ventures*, White Star Capital, Blockwall, Frst, Bpifrance, Rerail, Zach Abrams.

Spiko is a regulated French fintech and tokenization platform enabling the issuance and management of securities on distributed ledgers. Its first product line includes fully licensed, tokenized UCITS money market funds backed by Eurozone and U.S. Treasury bills. Accessible via any EVM-compatible Web3 wallet, Spiko offers daily yield, full liquidity, and seamless access to risk-free returns for businesses and individuals. Funds are held by Crédit Agricole and audited by PwC, ensuring institutional-grade compliance and transparency.

XMTP (Ephemera) raised $21M in a Series B  funding round from Union Square Ventures (USV)*, Andreessen Horowitz (a16z crypto)*, Lightspeed Faction*, Coinbase Ventures, Offline Ventures, Sound Ventures, Distributed Global.

XMTP (Extensible Message Transport Protocol) is the leading decentralized, end-to-end encrypted messaging network for Web3. Built on the IETF-standard MLS protocol, it enables secure, portable messaging across wallets and apps with full user control and spam protection. Supporting over 2 million identities and 60+ apps, XMTP powers DMs, group chats, and notifications across protocols like ENS, Lens, and Farcaster. Ephemera is one of the flagship apps built on XMTP—focused on privacy-first messaging and token-enabled payments. XMTP’s open-source SDKs and decentralized architecture make it the messaging backbone for the Web3 ecosystem.

Blockskye raised $15.8M in a Series C  funding round from Blockchange Ventures*, United Airlines Ventures, Lightspeed Faction, KSV Global, Litquidity Ventures, Longbrook Ventures, TFJ Capital.

Blockskye is a blockchain-powered corporate travel and payments platform that streamlines booking, reconciliation, and expense management. Integrated with KAYAK for Business and PwC workflows, it eliminates intermediaries, enabling direct supplier payments via its proprietary Blockskye Pay system. Real-time, blockchain-enabled reporting provides a single source of truth across multiple channels. The platform offers significant cost savings (around 9% per transaction), improved visibility, and streamlined compliance. Trusted by enterprises like PwC and Deloitte, Blockskye bridges legacy travel systems with blockchain efficiency.

Fluent Labs raised $2.2M in a  funding round from Echo, Native Crypto, Q42, WAGMI Ventures, TPC Ventures.

Fluent is an Ethereum Layer 2 network and development framework that unifies multiple virtual machines (VMs), including the Ethereum Virtual Machine (EVM), Solana Virtual Machine (SVM), and WebAssembly (Wasm), into a single execution environment. This “blended execution” enables seamless interoperability and atomic composability between smart contracts written in different languages, such as Solidity, Vyper, and Rust, allowing developers to build more expressive and versatile decentralized applications (dApps).

Trends raised undisclosed amount in a Angel  funding round from Anatoly Yakovenko, WereMeow, Bryan Pellegrino, Zhuoxun Yin, Lily Liu, MapleLeafCap.

Trends is a Solana-based tweet tokenization protocol that lets users mint and trade tweets as on-chain assets. Originating as OpenFriend.Tech, a Friend Tech-based social reputation tool, Trends evolved to gamify social media through tokenized engagement and ranking visibility. Users can tokenize tweets, trade them in real-time, and gain insights into social influence. It combines point tracking, leaderboard visibility, and decentralized trading mechanics to create a novel social-fi experience on Solana.

Sidekick raised undisclosed amount in a  funding round from Fenbushi Capital.

Sidekick Protocol is building a one-stop live-stream trading platform, enabling anyone to share real-time market insights and trade digital assets instantly. By combining engagement with immediate transactions, Sidekick empowers millions to connect, trade, and seize emerging opportunities effortlessly.

PlaysOut raised undisclosed amount in a Strategic  funding round from OKX Ventures (ex OKEx Blockdream Ventures).

PlaysOut is a multi-engine compatible mini-game platform that integrates mini-games into super apps, enhancing user engagement and monetization. Collaborating with platforms like Tencent Cloud and TON Play, PlaysOut offers a suite of tools for seamless integration, enabling features such as Web3 wallet login, payment systems, and NFT support.

Football Fun raised $2M in a  funding round from 6th Man Ventures (6MV)*, Devmons, Zee Prime Capital, Sfermion, The Operating Group.

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.

Vision raised $3M in a Public sale  funding round from .

Vision is Bitpanda’s unified Web3 ecosystem, designed to offer a compliant, user-friendly platform for decentralized finance. Powered by the VSN token—formed from the merger of BEST and PAN—it integrates the Bitpanda DeFi Wallet, Vision Protocol (for cross-chain liquidity), Bitpanda Launchpad, and Vision Chain (a regulated Ethereum Layer 2). Vision enables users to access RWA tokenization, governance, staking rewards, and curated token launches, creating a seamless bridge between traditional finance and Web3

Dakota raised $12.5M in a Series A  funding round from CoinFund*, 6th Man Ventures (6MV), Triton Capital, Digital Currency Group (DCG).

Dakota is a modern business banking platform that uses stablecoins backed by U.S. Treasuries to offer fast, global, non-custodial USD accounts. Designed for businesses, it supports ACH, Fedwire, SWIFT, SEPA transfers, corporate cards, and automated accounting. Clients maintain control of their assets, while Dakota ensures compliance, security, and integrations with traditional bank partners.

Two Prime raised $20M in a  funding round from MARA Holdings*, SIG DTI (a Susquehanna International Group Company).

Two Prime is an SEC-registered digital asset investment advisor offering institutional-grade bitcoin strategies. It provides bespoke BTC derivatives, structured products, and overcollateralized lending services to clients including miners, corporates, and funds.

Strangelove raised undisclosed amount in a M&A  funding round from Ondo Finance.

Strangelove is a blockchain validation and infrastructure firm focused on the Interchain (Cosmos IBC) ecosystem. They operate secure validator nodes, build middleware such as lightweight bridges and relayers, and develop core consensus and signing tools. Their open‑source contributions (like Horcrux threshold signing and Interchaintest) aim to enhance blockchain interoperability, security, and developer experience. Backed by venture partnerships and active in core IBC infrastructure, Strangelove empowers decentralized applications with trustless, permissionless connectivity across blockchain ecosystems.

* fund, that lead investment round