Crypto Fundraising weekly
Dates: 25 – 31, May 2025

This week's biggest funding round

Twenty One raised $100M in a funding round from .

Twenty One (XXI) is a Bitcoin-native public company structured to maximize Bitcoin ownership per share (BPS). Led by Strike founder Jack Mallers and backed by Tether, SoftBank, and Bitfinex, it operates entirely on a Bitcoin standard. The company is focused on accelerating Bitcoin adoption and literacy through a range of financial products, media initiatives, and strategic services. With a current holding of 31,500 BTC, it aims to be the most effective public vehicle for Bitcoin accumulation and monetization.

Pre-seed and Seed investment rounds

Donut raised $7M in a Pre-seed funding round from BITKRAFT Ventures*, Hack VC*, HongShan (ex Sequoia China)*, Sky9 Capital, Matrix Partners, Makers Fund, Altos Ventures, Vessel Capital, Sonic SVM.

Donut is the world’s first Agentic Crypto Browser built on Solana, designed for the age of AI agents and on-chain financial actions. Unlike traditional browsers, Donut acts as an intelligent terminal that understands real-time token data, wallet risks, and market signals—allowing users to transact, trade, and earn directly within the browser. Donut combines DEXs, wallets, and networks into a seamless interface powered by agentic models and extensions.

Dexari raised $2.3M in a Seed funding round from Prelude*, Lemniscap*, Binance US, Infinite Field, Kiln, Will Price.

Dexari is a mobile-first, self-custodial trading platform that offers decentralized perpetual futures trading with up to 50x leverage. Powered by Hyperliquid’s on-chain order book, it provides users with a seamless trading experience, combining the transparency of DeFi with the usability of centralized platforms. Features include email-based onboarding, multi-chain support, gas fee sponsorship, and robust security measures like 2FA and MPC wallet recovery.

EGO tech raised $800K in a Pre-seed funding round from Raj Gokal, Marc Boiron, Hustle Fund, Zhuoxun Yin, Maghnus Mareneck, Barry Plunkett.

EGO.tech is a Web3 platform enabling the creation and trading of tokens linked to online profiles, effectively tokenizing digital identities. It introduces a novel asset class by fusing online attention with real-world fundamentals, empowering users to monetize their personas and communities. By allowing anyone to tokenize any internet profile, EGO aims to redefine digital engagement and investment strategies.

Rumi raised $4.7M in a Pre-seed funding round from a16z Crypto Startup Accelerator (CSX)*, Escape Velocity*.

Rumi Labs is revolutionizing entertainment by transforming passive media consumption into interactive, AI-powered experiences. Through a browser extension, users can earn rewards while watching their favorite streaming content, as Rumi’s AI analyzes videos in real-time to generate insights and analytics. This data feeds into a decentralized infrastructure (DePIN), enabling the development of contextually-aware AI agents that enhance storytelling and viewer engagement. Backed by leading Web3 investors, Rumi empowers users to actively participate in shaping the future of media.

Asigna raised $3M in a Seed funding round from Hivemind*, Tykhe Ventures*, Portal Ventures, Sats Ventures, Trust Machines, Bitcoin Frontier Fund.

Asigna is a non-custodial smart multisig vault designed for secure Bitcoin asset management. It enables teams, DAOs, and institutions to securely manage shared Bitcoin treasuries and participate in Bitcoin DeFi while minimizing risks. Asigna integrates with the Bitcoin base layer, Layer 2 solutions like Stacks, and metaprotocols such as Ordinals, BRC-20, and Runes. The platform supports features like embedded apps, developer SDKs, and customizable dashboards for portfolio tracking.

Other investment rounds

Assisterr AI raised $2.8M in a  funding round from Google for Startups, Outlier Ventures, Web3com Ventures, Echo, Moonhill Capital.

Assisterr AI is a cutting-edge AI platform designed to revolutionize customer service and support. By leveraging advanced artificial intelligence and machine learning, Assisterr AI provides businesses with automated customer interaction solutions that enhance efficiency and improve user experiences. The platform integrates seamlessly with existing systems, offering features such as natural language processing, sentiment analysis, and real-time data insights. Assisterr AI aims to empower organizations to deliver personalized, responsive, and scalable customer support, reducing operational costs while increasing customer satisfaction.

Cooking City (MagicSeven Co., Ltd.) raised $7M in a  funding round from Jump Crypto, CMT Digital, Mirana Ventures, Bitscale Capital, Everest Ventures Group (EVG).

Cooking City is a cooking game developed by MagicSeven Co., Ltd. that offers players the opportunity to cook and serve a variety of global cuisines across numerous themed restaurants. The game features regular events, such as Dinner Peak and World Chef Leaderboard, providing additional challenges and rewards. It has introduced a cryptocurrency token named $COOKCITY, that is built on the Solana blockchain and is part of an initiative to integrate blockchain technology into the game’s ecosystem.

Winks Fun raised undisclosed amount in a  funding round from IOSG Ventures.

Winks.fun is a Web3 platform that integrates decentralized applications directly into social media platforms like Twitter, Discord, and Telegram. It enables users to perform on-chain actions—such as swapping tokens, bridging assets, minting NFTs, and claiming airdrops—without leaving their social feeds.

Naoris Protocol raised $3M in a Strategic  funding round from Mason Labs*, Frekaz Group, Level One Robotics, Tradecraft Capital.

Naoris Protocol is a decentralized cybersecurity mesh that transforms every connected device into a validator node, enhancing network security as it scales. Utilizing post-quantum cryptography, a custom Decentralized Proof of Security (dPoSec) consensus mechanism, and decentralized SWARM AI, it provides real-time threat detection and continuous verification across digital infrastructures. This approach ensures robust protection for both Web2 and Web3 systems, fostering a trustless environment where devices collaboratively maintain and enhance cybersecurity.

Conduit Pay raised $36M in a Series A  funding round from Dragonfly Capital*, Altos Ventures*, Sound Ventures, Commerce Ventures, Circle Ventures, Digital Currency Group (DCG), Portage Ventures.

Conduit is a modern cross-border payments platform designed for businesses seeking faster, cheaper, and more transparent international transactions. It enables near-instant global transfers across stablecoins, USD, and local currencies, connecting to various payment rails like SWIFT, ACH, and local methods in regions such as Latin America, Africa, China, and the US. Conduit offers a developer-friendly API and an intuitive web app, allowing companies to manage accounts payable, global payroll, and treasury operations efficiently. With support for both fiat and crypto, Conduit simplifies complex financial workflows, making global money movement seamless and scalable.

Oncade raised $4M in a  funding round from a16z Crypto Startup Accelerator (CSX)*.

Oncade is a Web3-native game distribution platform that empowers developers to sell directly to players, bypassing traditional 30% platform fees. It offers tools for presales, affiliate-driven community distribution, in-game item monetization, and automated global tax compliance. Built by industry veterans from OUYA, Razer, and Call of Duty, Oncade enables developers to scale revenue through direct-to-consumer storefronts, live operations, and creator payouts—all without upfront costs.

BlockSpaces raised $2M in a Strategic  funding round from Axiom*, Leadout Capital, Sand Harbor Capital.

BlockSpaces is a Bitcoin-native financial infrastructure platform that enables institutions to utilize Bitcoin as programmable collateral. Its flagship product, Auto Reconciled Collateral Contracts (ARCC), automates risk management and settlement processes, facilitating real-time margin calculations and reducing counterparty risk. The Fusion wallet integration layer seamlessly connects Bitcoin and Lightning Network transactions to traditional financial systems, supporting applications such as loans, bonds, and derivatives.

Beam Cash raised $7M in a  funding round from Castle Island Ventures*, Archetype, Bankless Ventures, Verda Ventures, Arca Fund.

Beam is a payments platform that bridges traditional finance and blockchain technology to facilitate fast, low-cost, and secure global money transfers. It enables users to send and receive funds across borders using stablecoins and fiat currencies, offering services like real-time currency exchange, crypto-to-fiat conversions, and seamless integration with bank accounts and digital wallets. Beam’s infrastructure supports businesses with tools like a no-code dashboard, API integrations, and white-label solutions, ensuring compliance with financial regulations through built-in KYC, AML, and transaction monitoring. Registered as a U.S. Money Services Business and SOC 2 Type II compliant, Beam is designed to streamline financial operations for individuals and enterprises alike.

Ducat raised $1.5M in a Public sale  funding round from .

The Ducat Protocol governs the issuance and redemption of UNIT Collateralized Debt Positions (CDP) using Bitcoin-native, zero-knowledge proof circuits. The governance token, DUCAT, is designed for decentralization, providing a stablecoin solution that fuses Bitcoin’s censorship resistance with decentralized, native collateral. Ducat addresses the centralization issues in the stablecoin market by offering a Bitcoin-native, self-custodial, and permissionless smart contract system, catering to Bitcoin holders’ preferences for security and autonomy.

H100 Group raised $2.2M in a  funding round from Adam Back*.

H100 Group AB is a Swedish health technology company specializing in AI-powered automation and digital solutions for health and longevity service providers. H100 became Sweden’s first publicly listed company to adopt Bitcoin as a treasury reserve asset.

Hyperion raised undisclosed amount in a  funding round from Maelstrom.

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.

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

Avalon Finance is a decentralized lending protocol built on Merlin Chain, comprising three main components: overcollateralized lending, derivatives trading, and an algorithmic stablecoin. It operates within a framework emphasizing user control and compliance with regulatory requirements, ensuring transparency and security. Users retain ownership and control over their assets, with the platform providing a range of services, including access to information and resources while adhering to legal standards and best practices.

* fund, that lead investment round