Crypto Fundraising weekly
Dates: 22 – 28, Jun 2025

This week's biggest funding round

Kalshi raised $185M in a Series C funding round from Paradigm*, Sequoia Capital, Multicoin Capital, Neo, Bond Capital.

Kalshi is a CFTC‑regulated prediction market exchange where users trade “event contracts” on real-world outcomes—ranging from politics and sports to economic indicators and weather. It allows participants to buy and sell binary contracts that resolve to $1 if the event occurs.

Pre-seed and Seed investment rounds

Jarsy raised undisclosed amount in a Pre-seed funding round from Breyer Capital*, Karman Ventures.

Jarsy is a tokenized investment platform that democratizes access to private- and public-market opportunities by fractionalizing shares of high-growth companies like SpaceX, OpenAI, and Tesla. Every J-token is 1:1 backed by real equity held in legal SPVs, with ownership transparently recorded on-chain. Governance-ready, investor-friendly, and globally accessible, Jarsy bridges blockchain tech with compliance to open private equity to all.

Spekter Games raised $5M in a Pre-seed funding round from a16z Games Speedrun, London Venture Partners (LVP), BRV Capital Management, Chamaeleon, Accelerator Ventures, Impact46, Versus Ventures, Alumni Ventures (AVG).

pekter Games is a game publisher building roguelite action games on chat-based super apps like Telegram. Their debut title, Spekter Agency, offers fast-paced gameplay and arcade-style mechanics inspired by hits like Vampire Survivors, with passive Web3 rewards (Spark points) layered beneath the core experience. Designed for instant play via Telegram Mini Apps, it removes onboarding friction and leverages over a billion active users.

Twyne raised $450K in a Pre-seed funding round from Euler Labs*, Daedalus.

Twyne is a cross-market credit delegation protocol that unlocks unused borrowing power across DeFi lending platforms. It enables Credit LPs to delegate idle credit, while Borrowers tap leveraged positions or protect collateral. The protocol features automated rebalancing, dynamic interest rate models, and secure liquidation mechanisms. By redistributing borrowing capacity, Twyne maximizes capital efficiency and offers yield to lenders without requiring them to actively deploy assets.

Sphinx Protocol raised $2M in a Pre-seed funding round from Eckhardt Capital*, Big Brain Holdings, Blockchain Founders Fund (BFF), Blizzard, TRIVE Ventures, Cosmos Hub, London Real Ventures, GS Futures, Andrew Durgee, Stefan Rust, Zachary Keats.

Sphinx is the first institutional-grade commodity derivatives exchange built on its own permissioned Layer 1 blockchain. It provides 24/7 direct access to futures, options, and perpetual swaps across oil, gas, and other energy commodities — enabling atomic settlement, 10x lower trading fees, and a 28% increase in capital efficiency. By removing friction in order matching, execution, clearing, settlement, trade netting, and cross-asset margining, Sphinx reduces back-office costs by 50% while boosting speed and liquidity. Designed for seamless institutional integration, Sphinx is the future of financial exchange infrastructure.

Other investment rounds

Niural raised $31M in a Series A  funding round from Marathon Management Partners*, M13, Inspired Capital, New Form Capital, Hustle Fund, GS Futures, Alliance DAO (ex DeFi Alliance).

Niural is an AI-native Professional Employment Organization (PEO) and HR platform that automates global payroll, compliance, benefits, and contractor management. Equipped with EMMA—an AI-powered co-pilot—it streamlines complex back-office workflows and cutting time spent on operations. Trusted by growing companies, it offers centralized control, multi-currency wallets, tax automation, and SFCR2-level security.

Bit Digital raised $150M in a  funding round from .

Bit Digital, Inc. (NASDAQ: BTBT) is a vertically integrated digital asset and AI infrastructure company. It operates sustainable Bitcoin mining across facilities in the U.S., Canada, and Iceland using renewable energy, and runs one of the largest institutional Ethereum-staking platforms. It also provides GPU-powered HPC cloud and colocation services through its subsidiary WhiteFiber.

MEET48 raised undisclosed amount in a  funding round from YZi Labs (ex Binance Labs).

MEET48 is the entertainment-focused AI-Agent and fan economy ecosystem, enabling users to create and manage AI-driven virtual idols. With tools like AIShowBOX and MEME platform MarsProtocol, MEET48 blends AIGC-powered music, dance, gaming, and social interaction into a unified Web3 experience on BNB Chain.

Trusta AI (TrustScan) raised undisclosed amount in a Strategic  funding round from ConsenSys, Starknet, GSR Markets LTD, UFLY Labs.

Trusta.AI is a permissionless, AI-powered on-chain identity and reputation protocol built for both humans and AI agents. It provides modular attestations (Proof of Humanity, Proof of AI Agent), reputation scoring (Sybil and MEDIA scores), credit profiling, and multi-agent identity verification. Trusta.AI enables secure, decentralized trust infrastructure fueled by AI and blockchain ecosystem partnerships.

World Liberty Financial raised $100M in a  funding round from Aqua 1.

World Liberty Financial is a decentralized platform enabling users to earn and borrow cryptocurrency seamlessly. It combines DeFi lending protocols with rewards, allowing users to maximize asset utility while earning competitive yields. The platform focuses on accessibility and financial empowerment within the Web3 ecosystem.

Inference Labs raised $3M in a  funding round from Arche Capital, Lvna Capital, Mechanism Capital, Delphi Ventures, Big Brain Holdings, Bitscale Capital, Contango Digital Assets, Edessa Capital, HASH CIB (Crypto Investment Bank), ID Theory, Metropolis DAO, Newman Capital, Seed Club Ventures, Skynet Trading, Stateless Ventures, X ventures, Momentum 6 (M6), Zero Dao, Andrew Kang, Santiago R. Santos, Marc Weinstein, Virtual Bacon.

Inference Labs is building a decentralized, cryptographically‑verified infrastructure for on‑chain AI. Their core offering is Proof of Inference, a zero‑knowledge protocol that proves AI computations are correct—without revealing proprietary models. Deployed on networks like Bittensor (Subnet 2) and testnet integrations on EigenLayer, it enables fast, private off‑chain inference with on‑chain proof.

Byzanlink raised $1M in a Private  funding round from Outlier Ventures, Smart IT Frame, NTDP, Sensei Capital.

Byzanlink is a Dubai-based RWA (real-world asset) tokenization and lending platform enabling institutional-grade yield on-chain. It offers tokenization-as-a-service (TaaS), account abstraction tools for seamless onboarding, and an upcoming Web3 checkout feature. Institutions, SMEs, and investors can tokenize assets, mint stable yield tokens, and access fractionalized, liquid exposure to real assets.

dKloud raised $3.2M in a  funding round from Animoca Brands, Avalaunch, Blizzard, Brinc, Genesis Block Ventures Capital (GBV), Maven Capital, Pulsar, SMO Capital, Telos, Baboon VC.

dKloud is a decentralized cloud infrastructure platform that bridges DePIN (decentralized physical infrastructure networks) with enterprise IT. It empowers businesses to deploy applications using both crypto and fiat without the operational burden of managing multiple systems. Through its toolkit—DevPack, LaunchPack, and KloudDeploy—organizations can autoscale across decentralized and conventional cloud backends, reducing costs by up to 50%. The platform also features a marketplace where developers can contribute reusable tools and earn $DKT tokens.

Makina raised $3M in a Strategic  funding round from Bodhi Ventures, Cyber Fund, Interop Ventures, Steakhouse Financial, Hypernative Labs, Kiln, base DAO, Cozomo de’ Medici, Aleksander Larsen, ivangbi, Trevor McFedries.

Makina Finance is a next-generation, non-custodial DeFi execution engine that empowers users—ranging from AI agents to asset managers—to deploy institutional-grade, risk-adjusted yield strategies on-chain. Users deposit funds into “Machines” (vaults) that automate complex strategies like yield farming, delta-neutral hedging, and cross-chain leveraged arbitrage. Execution happens atomically under real-time risk controls, with cross-chain liquidity enabled by “Calibers.”

Zama raised $57M in a Series B  funding round from Pantera Capital*, Blockchange Ventures*.

Zama is an open-source cryptography company, specializes in state-of-the-art Fully Homomorphic Encryption (FHE) solutions for blockchain and AI. Their user-friendly FHE libraries empower developers, from individuals to enterprises, to easily integrate end-to-end encryption without deep cryptography knowledge. Zama's performance focus has led to a 20x speed improvement in their FHE scheme, with plans for a 100x boost, enabling critical use cases in confidential blockchain and AI, and anticipating dedicated FHE hardware accelerators for web-scale applications like confidential Large Language Models (LLMs) and encrypted Software-as-a-Service (SaaS).

CodexField raised undisclosed amount in a  funding round from Gate Labs.

CodexField is a decentralized “Web3 Dream Studio” built on BNB Greenfield, offering Git-compatible storage, management, and monetization for code and content. Developers use gitd to securely upload and version control code, backed by decentralized storage providers and blockchain-backed metadata. It includes a Code Marketplace for buying, selling, and rating assets, supported by AI-enhanced tools and token economics.

Canton Network (Digital Asset) raised $135M in a  funding round from DRW Venture Capital*, Tradeweb*, BNP Paribas, Circle Ventures, Citadel Securities, DTCC, Goldman Sachs, IMC, Liberty City Ventures, Optiver, Paxos, Polychain Capital, QCP Capital, Republic, 7RIDGE, Virtu Financial.

Canton Network by Digital Asset is a public Layer‑1 blockchain designed for institutional finance, combining privacy, interoperability, and scalability. Built using DAML smart contracts, it enforces need-to-know privacy, enabling different participants to see only relevant transaction data. Powered by the Global Synchronizer Foundation (Linux Foundation-governed) and governed by major financial institutions, Canton supports atomic, cross-app transactions—such as tokenized bonds and cash—while maintaining segregation and regulatory controls.

Yield xyz (ex Omni Wallet, Steakwallet) raised $5M in a Strategic  funding round from Multicoin Capital.

Yield.xyz is a yield infrastructure platform that aggregates over 200 DeFi yield sources into a single API. Formerly known as Omni Wallet, it has evolved into a backend solution for developers and protocols to access real-time, on-chain yield data across lending, staking, and LP markets. Yield.xyz enables seamless integration of high-performing strategies without managing fragmented liquidity or yield farming complexity. With its developer-first tooling, it powers wallets, apps, and on-chain services to deliver optimized DeFi experiences at scale.

Veda raised $18M in a  funding round from CoinFund*, Coinbase Ventures, Maelstrom, GSR Markets LTD, Animoca Ventures, BitGo, Mantle Network, Draper Dragon, Credibly Neutral, Relayer Capital, PEER Venture Partners, Heartcore Capital, Alumni Ventures (AVG).

Veda is a native yield infrastructure platform designed to simplify and enhance decentralized finance (DeFi) participation. By tokenizing complex DeFi interactions, Veda enables protocols, asset issuers, and applications to embed yield directly into their user interfaces, eliminating the need for users to navigate a complex network of primitives and assets. Its modular architecture supports flexible yield optimization strategies, including those driven by AI agents, and enforces verifiable on-chain constraints to enhance security. Operating across multiple blockchains, Veda ensures secure cross-chain operations, providing users with streamlined access to cross-chain yield products.

The Global Token Exchange (GTE) raised $15M in a Series A  funding round from Paradigm*.

GTE is a decentralized trading platform offering centralized exchange (CEX)-level performance with the security and transparency of decentralized finance (DeFi). It provides an all-in-one trading venue, including a central limit order book, automated market maker (AMM), and a launchpad for token creation. GTE ensures users receive optimal on-chain prices by scanning all trading venues on MegaETH. The platform is fully non-custodial, allowing users to maintain control over their funds.

Concrete Protocol (Blueprint Finance) raised $9.5M in a  funding round from Polychain Capital*, YZi Labs (ex Binance Labs), VanEck, LeadBlock Bitpanda Ventures, Decima, Halo Capital, Portal Ventures, Auros Global, Selini Capital, Gate io, Presto Labs, Curved Ventures, Pivot Global, Nonce Classic, Renzo, Crypto Discover, FounderHeads VC, BitGo, Baboon VC, MrBlock, DCF God, Jason Yanowitz, Adaptive Frontier, Sam Kazemian, HDF humble defi farmer.

Concrete is an appchain designed to enhance on-chain debt and credit, offering higher yields, liquidation protection, and advanced predictions within the decentralized finance (DeFi) space developed by Blueprint Finance. As the native base protocol for generating credit products and derivatives, Concrete addresses the missing link in on-chain finance, aiming to become a foundational element for a new class of credit, debt, and structured products in the crypto industry.

Glow Finance raised $9.5M in a Strategic  funding round from Polychain Capital*, YZi Labs (ex Binance Labs), VanEck, LeadBlock Bitpanda Ventures, Decima, Halo Capital, Portal Ventures, Auros Global, Selini Capital, Gate io, Renzo, Crypto Discover, Presto Labs, Pivot Global, FounderHeads VC, Nonce Classic, BitGo, Adaptive Frontier, Curved Ventures, Baboon VC, DCF God, Sam Kazemian, MrBlock, Jason Yanowitz, HDF humble defi farmer.

Glow Finance is a margin-first DeFi “liquidity hub” built on Solana by Blueprint Finance, integrating trade, borrow, earn, and liquid restake functions into a unified, non‑custodial interface. It features programmable margin accounts with cross-asset functionality and modular sub-accounts tailored for advanced strategies. Through adapters, Glow enables seamless interaction with Solana DEXs and introduces $glowSOL—a liquid restaking token for boosted yield. Backed by Polychain, VanEck, and others, it launched on mainnet in April 2025 with a mission to power capital efficiency and strategy composability on Solana.

* fund, that lead investment round