- Crypto fundraising by VCs hit record highs, with over $10.3 billion raised in H1 2025.
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Crypto fundraising reaches its highest level in three years as investment activity surges in 2025.
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June 2025 emerges as the strongest month, amassing nearly $5.14 billion in crypto funding.
Venture capital (VC) funding into crypto has rebounded significantly, with $10.03 billion raised in Q2 2025, the highest quarterly total since Q1 2022 where it clocked in $16.64 billion. In fact, in June alone, VCs pulled in $5.14 billion, marking the highest single‑month figure since early 2022 and signaling renewed investor enthusiasm.
Some of the notable fundraisers that unfolded in the recent past include: Strive Funds massive $750 million round to fund its Bitcoin‑related strategies.TwentyOneCapital managed to secure $585 million in April, while Securitize raised a $400 million.
Other notable rounds included Kalshi ($185M), Auradine ($153M), ZenMEV ($140M), and Digital Asset ($135M). This surge reflects renewed institutional confidence in digital assets and blockchain technology, driven by stabilizing markets and a more defined regulatory landscape.
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As for deal activity, Coinbase Ventures led the Q2 investments, by participating in 25 funding rounds from April to June, and again topping charts in June with 10 rounds. Other active investors included Animoca Brands, a16z, Pantera Capital, Galaxy, and Paradigm .
As for what kind of firms secured funding, it was spread across the entire crypto ecosystem. Blockchain infrastructure and DeFi attracted the lion’s share of capital, while CeFi, NFT, and GameFi segments also saw meaningful investments. Memecoin investments were comparatively calm, with some market hype on these speculative investments.
Seed-stage rounds accounted for the largest share of deals by count at 19.4%, with strategic, pre-seed, M&A, and Series A rounds also contributing. With institutional VC firms leading the charge, crypto funding is set to remain buoyant, anchored by large, strategic rounds and growing confidence in the space.
