Crypto Fundraising weekly
Dates: 27 Jul – 02 Aug 2025

This week's biggest funding round

Mara Holdings raised $1B in a funding round from .

MARA leverages blockchain-based digital asset computation to support the energy transformation by converting stranded or underutilized energy into economic value. It deploys scalable data centers powered by excess energy, contributing to sustainability, and optimizing global energy efficiency. MARA focuses on creating value from renewable and waste energy while securing blockchain networks.

Pre-seed and Seed investment rounds

Stable raised $28M in a Seed funding round from Bitfinex*, Hack VC*, USDT0*, Franklin Templeton, Castle Island Ventures, eGirl Capital, ByBit, Mirana Ventures, SIG DTI (a Susquehanna International Group Company), Nascent, Blue Pool Capital, BTSE, KuCoin Ventures, Paolo Ardoino, Nathan McCauley, 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.

Taceo raised $5.5M in a Seed funding round from Archetype*, a16z Crypto Startup Accelerator (CSX), Cyber Fund, A Capital, Polymorphic Capital, Daedalus, WAGMI Ventures.

TACEO is a cryptography-focused infrastructure provider enabling collaborative, privacy-preserving computation using coSNARKs—a hybrid of zero-knowledge proofs and multiparty computation (MPC). Through tools like coCircom and coNoir, developers can run encrypted computations on shared data without exposing inputs. Its live proof delegation network, TACEO:Proof, allows off-chain Groth16 proof generation across a decentralized MPC subnet.

Due raised $4M in a Seed funding round from Speedinvest*, Semantic Ventures, Fabric Ventures, Strobe Ventures (ex BlockTower Capital), Polymorphic Capital.

Due is an international payment platform that leverages blockchain protocols to facilitate secure and cost-effective cross-border transactions through non-custodial accounts. By building on Ethereum and utilizing scaling solutions, Due aims to provide uninterrupted access to global liquidity while ensuring faster settlement times and lower transaction costs.

ARO Network raised $2.1M in a Pre-seed funding round from No Limit Holdings (NLH)*, Dispersion Capital*, Escape Velocity, Maelstrom.

ARO Network is a decentralized edge-cloud platform that leverages unused internet resources like bandwidth and compute power to support real-time content delivery and AI workloads. Anyone can host an ARO node and earn $ARO tokens for contributing network capacity. Designed to reduce latency, improve affordability, and scale AI infrastructure globally, it transforms idle equipment into a shared, owned-edge compute ecosystem.

Circle (HyperCircleApp) raised $12M in a Seed funding round from .

Circle is a Hyperliquid-based earning application that lets users generate yield by participating in HyperCycle’s decentralized AI compute network. Built atop HyperCycle’s Layer-0++ infrastructure, Circle leverages HyPC tokens and HyperShares to activate and operate compute nodes for revenue from AI agent coordination. The app provides a simplified interface to engage in HyperCycle’s ecosystem, enabling users to earn from AI tasks while benefiting from high-speed, ledgerless interoperability and secure, scalable infrastructure.

Midl raised $2.4M in a Seed funding round from Draper Associates, Draper Dragon.

Midl is a Bitcoin-native execution layer that brings full smart contract functionality and DeFi tooling directly to the Bitcoin network—no bridges, no sidechains. It allows Bitcoin users to interact with DApps, swap, stake, launch tokens, and more within their native wallets. Midl transforms BTC into a utility asset and unlocks scalable on-chain applications while preserving Bitcoin’s security and liquidity. Its native token (MIDL) supports staking, liquidity bootstrapping, governance, and yield-sharing through its “Gears” gamified incentive system, designed to onboard builders and early adopters.

Other investment rounds

Mawari Network raised undisclosed amount in a  funding round from 071labs (Zero Seven One Labs).

Mawari Network is metaverse content delivery system and Web3 project that breaks the delivery bottleneck for Metaverse content to mobile devices. It is a distributed, revenue-sharing, content delivery and rendering network powered by existing, underutilized computing and network resources. It is blockchain-enabled to programmatically scale and manage service quality.

Mill City Ventures III raised $450M in a  funding round from Karatage*, Sui Foundation, Big Brain Holdings, Galaxy Digital, Pantera Capital, Electric Capital, GSR Markets LTD, Selini Capital, Protagonist, ParaFi Capital, Borderless Capital, dao5 (daofive), Arrington Capital, Comma3 Ventures, FalconX, Paper Ventures, Maven 11 Capital.

Mill City Ventures III, Ltd. (NASDAQ: MCVT) is a publicly traded specialty finance firm offering short-term, collateral-backed loans to private businesses, public microcaps, and high-net-worth individuals. Recently, it launched the first foundation-backed SUI Treasury strategy, acquiring over 76 million SUI tokens via institutional channels and a direct agreement with the Sui Foundation. This makes Mill City the only public vehicle offering daily liquidity and regulated access to the Sui ecosystem—merging traditional lending expertise with crypto treasury exposure.

Subzero Labs (Rialo) raised $20M in a  funding round from Pantera Capital*, Coinbase Ventures, Fabric Ventures, Mysten Labs, SIG DTI (a Susquehanna International Group Company), Variant Fund.

Subzero Labs is developing Rialo, a developer-first Layer 1 blockchain built for internet-scale decentralized applications. Combining RISC-V smart contracts, Solana VM compatibility, and native web connectivity, Rialo delivers Web2-like responsiveness with event-driven execution and built-in privacy. It aims to simplify blockchain development for real-world use cases like AI agents and prediction markets. Designed for scale, speed, and ease of use, Rialo reduces friction for builders while enabling highly interactive, scalable dApps.

Aria (Inutan X) raised $5M in a  funding round from Folius Ventures*, The Spartan Group*, Beam*, Animoca Brands, Galaxy Interactive.

Aria is a scalable RPG game developed by Inutan Studios and governed by the $ARIA token. In Aria, players can explore an open world environment, engaging in epic quests and battles.

Finloop raised $10M in a Series A  funding round from Solana Foundation.

Finloop Finance Technology Holding Limited, incubated by Fosun Wealth, is a Hong Kong–based AI-powered institutional wealth management platform. Operating under its proprietary Web5 strategy, Finloop delivers end-to-end solutions—including cash management, public/private funds, structured products, bonds, insurance, and tokenized assets (VA and RWA). With AI-driven modules like FinOne (AI investment advisor, product manager, and assistant), the platform helps financial institutions in Hong Kong and the Greater Bay Area digitally transform—with RWA issuance, virtual asset trading, and stablecoin mechanisms.

Billions Network raised $30M in a  funding round from Polychain Capital, Coinbase Ventures, Polygon, Liberty City Ventures, BITKRAFT Ventures.

Billions Network is a privacy-first digital identity verification protocol enabling both human and AI entities to prove their uniqueness and legitimacy using zero-knowledge proofs and mobile-first authentication—no biometrics required. It offers reusable, pseudonymous credentials across apps, rewarding users with “Power Points” for completing tasks.

Bitcoin Layers raised undisclosed amount in a  funding round from Starkware, Alpen Labs, Spark.

Bitcoin Layers is an open-source research and risk-assessment platform dedicated to analyzing Bitcoin scaling protocols—including Layer‑2 solutions, sidechains, wrapped BTC, and other Bitcoin-adjacent projects. It applies a transparent evaluation framework to assess security, decentralization, and custody risks across different Bitcoin layer implementations.

Falcon Finance raised $10M in a  funding round from World Liberty Financial (WLFI).

Falcon Finance is a synthetic dollar protocol that enables users to mint USDf—an over-collateralized stablecoin—using various digital assets. By staking USDf into sUSDf, users earn yield through institutional-level trading strategies. Backed by quant-focused engineers and powered by transparent collateralization infrastructure, Falcon aims to bridge on-chain liquidity with traditional finance while scaling into cross-chain and real-world asset tokenization.

STON fi raised $9.5M in a Series A  funding round from Ribbit Capital*, CoinFund*.

STON fi is a decentralized exchange (DEX) powered by the TON Blockchain, offering users virtually zero fees, low slippage, and a user-friendly interface. It operates as an automated market maker (AMM), enabling users to swap assets without relying on a central party and allowing anyone to provide liquidity to liquidity pools in exchange for fees. STON fi aims to make cryptocurrency trading accessible to a wide audience, prioritizing community engagement and support.

RD Technologies raised $40M in a Series A  funding round from Zhongan International*, Hivemind, HongShan (ex Sequoia China), Matrixport Ventures, Immutable Capital.

RD Technologies is a fintech company aiming to revolutionize payments and commerce with enhanced trust, stability, and efficiency. The company is behind HKDR, a stablecoin backed by the Hong Kong Dollar, which aims to push the capabilities of digital currencies and expand the Web3 economy across Hong Kong and Asia. Additionally, RD Technologies offers RD Wallet, a licensed Stored Value Facility that allows businesses, both local and international, to open mobile accounts and make quick, secure, multi-currency transactions, anywhere and anytime.

FG Nexus (ex Fundamental Global) raised $200M in a  funding round from Galaxy Digital, Kraken, Hivemind.

FG Nexus (formerly Fundamental Global) is a U.S.-listed capital-markets company transforming into an Ethereum treasury firm focused on accumulation, staking yield, and staking-backed tokenization. Leveraging products in reinsurance, merchant banking, and RWA issuance, FG Nexus deploys large-scale liquidity—over $200M—to grow its ETH reserve through staking and token-backed exposure.

ETH Strategy raised $46.5M in a  funding round from .

ETH Strategy is an autonomous on-chain treasury protocol offering leveraged ETH exposure without margin liquidations or volatility decay. It accumulates ETH through convertible debt and ETH bonding, growing ETH per STRAT token while maintaining accretive dilution. Inspired by MSTR-style treasury models, ETH Strategy adds DeFi-native tools like a gamma vault and risk-managed ETH call selling. STRAT holders gain amplified ETH upside via a transparent, composable, and yield-generating treasury structure.

D2X raised $5M in a Strategic  funding round from Circle Ventures*, CMT Digital*, Point72 Ventures, Tioga Capital Partners, GSR Markets LTD, Fortino Capital.

D2X is an EU-regulated derivatives exchange specializing in crypto options and futures, serving institutional investors with a focus on regulatory compliance and operational excellence. It operates under MiCA, the EU’s regulatory framework for digital assets, offering a high-performance trading environment and robust risk management to address the challenges faced by institutional players in the digital asset space.

GAIB raised $10M in a  funding round from Amber Group*.

GAIB is building the economic layer for the AI and compute future by financializing and tokenizing enterprise-grade GPUs. GAIB transforms GPUs into a new commodity asset class, enabling investors to own a share of the AI revolution. Backed by real AI-generated cash flows, GAIB addresses the rising demand for high-performance computing by reimagining the financing, trading, and utilization of GPUs, creating a decentralized and vibrant economy for compute resources.

Euler raised undisclosed amount in a  funding round from M31 Capital.

Euler Finance is a modular, permissionless lending protocol built on Ethereum, designed to support lending and borrowing of a wide range of crypto assets, including long-tail tokens. Utilizing the Euler Vault Kit (EVK) and Ethereum Vault Connector (EVC), it enables developers to create customizable lending vaults and connect them for complex financial strategies. Euler’s architecture allows for dynamic risk management through asset tiers and supports features like sub-accounts and reactive interest rates.

Billy Bets raised $1M in a  funding round from Coinbase Ventures, Virtuals Ventures, Contango Digital Assets, 0xJeff, Farokh, Tom Shaughnessy, Keyboard Monkey.

Billy Bets is an autonomous AI-driven sports betting agent built by Virtuals. Powered by Sportstensor intelligence and real-time sports data, Billy analyzes basketball, football, and baseball markets, autonomously places on-chain bets, and learns continuously from betting behavior. By holding $BILLY tokens, users gain exposure to its betting performance through a buy‑back and burn mechanism.

Pri0r1ty Intelligence Group (Pr1bit) raised $1M in a  funding round from .

Pri0r1ty Intelligence Group PLC (LSE: PR1) is a UK-based, publicly listed AI SaaS company serving SMEs with AI-powered business automation tools. Its flagship platform, Pri0r1ty Advisor, streamlines marketing, finance, HR, and support through tailored AI agents. Expanding into crypto, it operates a Lightning Network routing node, offers Bitcoin and stablecoin payment solutions via Pr1bit, and manages on-chain treasury strategies.

Zodia Custody raised $18.3M in a  funding round from Pharsalus Capital*, Circle Ventures, The Operating Group, XVC (XDC Ventures), Token Bay Capital, Human Capital.

Zodia Custody is a digital asset custodian offering secure and compliant custody services tailored for institutional investors. Established as a joint venture between Standard Chartered and Northern Trust, Zodia Custody combines traditional banking expertise with innovative digital asset solutions. The firm operates under regulatory approvals from authorities such as the UK’s Financial Conduct Authority and the Central Bank of Ireland, ensuring adherence to stringent compliance standards. Zodia Custody provides services including cold wallet storage, staking, and seamless trading from cold storage, all designed to meet the complex needs of institutional clients in the evolving digital asset landscape.

Pear Protocol raised $4.1M in a Strategic  funding round from Castle Island Ventures*, Compound, Florin Digital, Sigil Fund.

Pear Protocol is a decentralized pair trading platform enabling one‑click leveraged trading of token pairs with high capital efficiency. Designed for narrative-driven and market-neutral traders, it integrates with Hyperliquid and supports up to 60x leverage using stablecoin collateral. Features include ratio-based stop-loss/take-profit logic, limit and TWAP orders, and deep liquidity. Governed via a DAO, Pear also runs staking (stPEAR), token burns, and partner rewards programs.

H100 Group raised $11.4M in a  funding round from .

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.

Manifold Labs (Targon) raised $10.5M in a Series A  funding round from Open Source Software Capital (OSS Capital)*, Digital Currency Group (DCG).

...Lending/Borrowing, DEX, DeFi, NEAR EcosystemManifold Labs is a decentralized AI infrastructure company building Targon—a decentralized inference cloud for Bittensor. Through products like Targon, Sybil (a hybrid AI search engine), and Tao.xyz (a Bittensor analytics terminal and wallet), Manifold provides enterprise-grade AI compute, tooling, and insights. It supports node operators with compute licensing, inference services, and developer interfaces, powered by the native TAO token.

* fund, that lead investment round