Crypto Fundraising weekly
Dates: 29 Jun – 05 Jul 2025

This week's biggest funding round

BitMine raised $250M in a Private funding round from MOZAYYX*, Founders fund, Pantera Capital.

BitMine (also known as BitMine Immersion Technologies) is a vertically integrated Bitcoin and Ethereum network company specializing in immersion-cooled mining, synthetic mining contracts, and institutional-grade treasury services. By submerging mining rigs in dielectric fluid, BitMine boosts hash rate by 25–30%, reduces energy use, and increases machine lifespan (). It offers Mining-as-a-Service (MaaS) to corporations and operates a treasury strategy, holding both BTC and ETH—including purchases of 100 BTC and a recent $250 million private placement to build an Ethereum reserve. With deep expertise in institutional treasury consulting, BitMine bridges advanced mining operations and corporate-grade crypto asset management.

Pre-seed and Seed investment rounds

XO Market raised $500K in a Pre-seed funding round from Cyber Fund*, Delphi Ventures*, Binary Builders, Nick White.

XO Market is a permissionless conviction market protocol that lets anyone create, trade, and resolve Yes/No markets backed by real financial stakes. Built on a sovereign rollup with Celestia for data availability, it features AI-driven oracles and decentralized arbitration to ensure fast, accurate, and tamper-resistant outcomes. Adaptive liquidity algorithms maintain market depth even in niche topics, and token-based incentives reward market creators, traders, and resolvers.

Datagram raised $4M in a Pre-seed funding round from Blizzard*, Animoca Brands, Cointelegraph Acceleration, Amber Group, Aquanow (AQN), Arche Fund (Coin98 Ventures), DePIN X, Iskra, JDI Ventures, Yellow Capital.

Datagram is a decentralized physical infrastructure network (DePIN) and AI-driven hyper-fabric Layer 1 designed to enable fast, scalable, and permissionless connectivity. By pooling idle network, compute, and storage resources, it delivers ultra-low latency for real-time applications—spanning gaming, AI/ML, video conferencing, telemedicine, streaming, and IoT. Its blockchain coordinates decentralized nodes, rewarding operators with utility tokens like $DGRAM, $UDP, and $TCP for uptime and traffic handling. With end-to-end encryption, no centralized servers, and seamless B2B2C integration, Datagram is building the backbone for next-gen decentralized connectivity.

inshAllah raised $2.1M in a Pre-seed funding round from Alliance DAO (ex DeFi Alliance)*, Blockchain Builders Fund (BBF), Polymorphic Capital, Sancus Ventures, J17 Capital, Lingfeng Innovation Fund (LIF), GD1, Adam Patel, Loopify.

inshAllah.fi is pioneering Islamic DeFi, offering fully Shariah‑compliant crypto financial products for Muslim investors. Under scholarly oversight, its flagship product Goldsand provides halal Ethereum and Solana staking—filtering out transactions that involve interest or impermissible activities—while delivering competitive yields (~2.9–3%). The platform plans to expand into halal borrowing, stablecoins, and zero-interest loans, redefining the $4 trillion Islamic finance market on crypto rails. Built by a team of engineers and Islamic finance experts, inshAllah bridges faith-based finance with emerging DeFi infrastructure.

Backseat raised $9.7M in a Seed funding round from Spiral Capital*, Headline Asia*, East Ventures.

Backseat Exchange (BSE) is a newly established Japanese cryptocurrency exchange created through the acquisition of Coinbook. Backseat aims to enhance its product offerings, recruit talent, and strengthen its organizational structure. The rebranded platform—relaunching as Backseat Cryptocurrency Exchange—will leverage Coinbook’s existing presence and operate under a refreshed management team to accelerate Web3 adoption across Japan.

Other investment rounds

Zypher Network raised $7M in a  funding round from UOB Venture Management*, Signum Capital*, Hashkey Capital, Cogitent Ventures, CatcherVC, DWF Ventures, Hong Leong Group, Hydrogenesis Labs.

Zypher Network is a zero-knowledge computing layer designed for trustless AI agents and large decentralized apps. It offers middleware solutions like Proof of Prompt and Proof of Inference to ensure data integrity and privacy, without exposing underlying content. With its Zytron Layer 3 rollup and Z4 gaming framework, Zypher supports decentralized, serverless execution for Web3 games and AI workflows, enabling zkAI mining across chains like BNB and Linea. The network integrates digital miners, proof-of-work validations, and ZK-enabled gaming infrastructure, empowering verifiable, autonomous, and secure on-chain AI and gaming applications.

Oasis Pro Markets raised undisclosed amount in a M&A  funding round from Ondo Finance.

Oasis Pro Markets operates OATS PRO, the first US-regulated alternative trading system (ATS) for tokenized digital securities. It enables issuers and accredited or institutional investors to onboard, issue, and trade both public and private equity or debt as digital assets. With blockchain-powered tokenization, fiat or stablecoin settlement, and transfer agent services, Oasis delivers a compliant, efficient marketplace for real-world assets in digital form.

Perena raised undisclosed amount in a  funding round from SIG DTI (a Susquehanna International Group Company)*, Native Crypto, Hermeneutic Investments, Echo.

Perena is a decentralized finance (DeFi) platform that enhances stablecoin usability, liquidity, and rewards within the ecosystem. It offers a suite of tools designed to facilitate the seamless exchange of on-chain assets and maximize yield generation from idle stablecoin liquidity. By consolidating liquidity into a central asset, Perena enables new stablecoins to access existing liquidity pools and underlying assets at a lower cost, thereby reducing entry barriers. The platform also addresses issues of fragmented and shallow liquidity pools by unifying liquidity and facilitating efficient asset distribution.

The Open Platform (TOP) raised $28.5M in a Series A  funding round from Ribbit Capital*, Pantera Capital.

TOP (The Open Platform) builds infrastructure and tools for Web3 developers on TON Blockchain to launch Telegram-native crypto applications. Its suite includes SDKs, APIs, wallets, and DeFi primitives—enabling in-chat games, token swaps, NFT experiences, and more to reach Telegram’s massive user base. With support for TON Connect, STON.fi, and TON Play, TOP empowers users and builders to seamlessly integrate crypto within familiar Telegram flows, driving mass adoption with accessible, consumer-ready Web3 features.

Pipe Network (Permissionless Labs) raised $7.5M in a Public sale  funding round from .

Pipe Network is an incentivized internet infrastructure project that aims to revolutionize content delivery networks (CDN) by using blockchain technology. It allows users to contribute their computing power to expand CDN nodes and improve content delivery. By leveraging crypto incentives, Pipe plans to enhance the speed and efficiency of data transfer, reducing latency caused by geographical distances. The project is built on the Solana blockchain and is expected to launch its testnet during the Breakpoint conference in Singapore.

Coinstash raised $3.1M in a Series A  funding round from .

Coinstash is an Australian-based cryptocurrency exchange and trading platform established in 2017. It allows users to securely buy, sell, and trade over 1,000 cryptocurrencies with AUD support, competitive flat fees, and powerful tools like limit orders, recurring buys, and portfolio trackers. With full AUSTRAC licensing, partnerships with Fireblocks and Chainalysis, and features like DeFi connector and SMSF support, Coinstash aims to bridge traditional finance and blockchain. It caters to both retail and institutional clients through a mobile app, web dashboard, and dedicated support.

Distinct Possibility Studios raised $30.5M in a  funding round from BITKRAFT Ventures*, Brevan Howard Digital*, Tezos Foundation, Hashed, Delphi Ventures, Shima Capital, North Island Ventures (NIV), Decasonic.

Distinct Possibility Studios is building Reaper Actual, an AAA-quality, open-world persistent shooter with massive map scale, player-owned bases, PvPvE warfare, resource gathering, and base defense mechanics. Built on Tezos-based Etherlink Layer 2, the game blends immersive AAA gameplay with blockchain-enabled asset ownership, with pre-alpha releases planned on Epic Games Store and Steam. Backed by major gaming and crypto investors, the studio aims to deliver “Web3 done right.”

LiquiFi raised undisclosed amount in a M&A  funding round from Coinbase.

Liquifi is an automated token operations platform that enables crypto companies to manage token vesting, lockups, airdrops, tax withholding, and cap table integrity—all without code. Its audited smart contracts and intuitive dashboard help teams launch tokens, distribute grants, and ensure global compliance, with integrated payroll and airdrop capabilities. Trusted by major protocols and managing over $8.5 billion in assets, Liquifi streamlines token lifecycle management, reduces manual overhead, and empowers organizations to scale token operations securely and transparently.

Lolli raised undisclosed amount in a M&A  funding round from Thesis.

Lolli is a rewards application that gives you bitcoin when you shop at your favorite stores.

AllScale raised $1.5M in a  funding round from Draper Dragon, Amber Group, KuCoin Ventures, Oak Grove Ventures, BlockBooster, Y2Z Ventures.

AllScale is a crypto‑fiat agnostic neobank enabling small businesses, freelancers, DAOs, and Web3 teams to scale globally with intuitive, compliant stablecoin payments. It offers instant, low‑cost cross‑border services—such as invoices, social commerce, and payroll—available 24/7 with no banking delays (). With features including one‑time invoice links, payroll dashboards, and social‑media payment embeds, AllScale simplifies international payments, HR compliance, and treasury management.

The Blockchain Group raised $13M in a  funding round from TOBAM, Adam Back.

The Blockchain Group (ALTBG) is Europe’s first publicly-listed Bitcoin treasury company, headquartered in Puteaux, France. Listed on Euronext Growth Paris, it combines institutional-grade Bitcoin asset management with strategic operations in data intelligence, AI, and decentralized tech via its subsidiaries. The group has built a substantial BTC reserve (~1,800 BTC), generated over 1,200% yield in 2025, and continues aggressive accumulation through equity and convertible bond offerings. It aims to integrate blockchain and AI solutions across business sectors while maximizing Bitcoin value for shareholders.

Limitless raised $4M in a Strategic  funding round from Coinbase Ventures, Maelstrom, Node Capital, Punk DAO, WAGMI Ventures, Collider Ventures.

Limitless is a decentralized social prediction protocol that allows creators to easily configure prediction markets and share them with their communities. Users can trade on the outcomes of real-world events, earning fees and making forecasts. The platform utilizes price feeds to resolve daily markets, similar to binary options or 0DTE options. Limitless combines community engagement with decentralized finance to offer a seamless, low-cost prediction market experience.

TWL Miner raised $95M in a Series B  funding round from .

TWL Miner is a UK-based, renewable energy-powered cloud mining platform founded in 2019. Operating over 60 data centers worldwide using solar and wind power, it allows users in 180+ countries to access scalable, hassle-free crypto mining without owning hardware. With a $10 signup bonus and daily login rewards, users choose from flexible mining contracts with daily payouts and principal return at term end.

Crystalfall raised $2M in a  funding round from Beam, CoinFund, MH Ventures, Avalanche, A100x Ventures, SNZ Holding, Lyrik Ventures.

Crystalfall is a free‑to‑play, steampunk hack‑and‑slash action RPG set in a post‑apocalyptic world shattered by a mysterious crystal‑powered asteroid. Players choose from hybrid animal‑hero classes—such as Knight, Gunner, and Technomancer—and explore randomized dungeons, battling automatons and mutated creatures. The game features deep character progression through procedural talent trees, lootable skills, crafting, and trading, with both solo and co‑op multiplayer modes. Developed by Swedish indie studio Cold River Games, Crystalfall is currently in open beta with a full PC release planned for 2025.

* fund, that lead investment round