Crypto & Blockchain Funding Soars: Over $676M Invested in Top Projects

The blockchain and cryptocurrency sectors witnessed a robust influx of capital in the first week of June 2025, with numerous innovative projects securing substantial funding. Over a span of seven days, a total of 20 ventures announced investment inflows, and among these, 14 publicly disclosed their financial details, collectively raising more than $676 million. This significant capital injection underscores continued investor confidence, particularly in the rapidly evolving fields of decentralized finance (DeFi) and core blockchain infrastructure.

Highlights from Key Funding Rounds

The period from June 1st to June 7th saw a diverse range of projects attract considerable investment, with a strong emphasis on foundational technologies and advanced applications.

Major Capital Injections

A few projects secured exceptionally large funding rounds, dominating the total disclosed amount:

• SharpLink: $425 million
  This substantial private funding round, led by Consensys with participation from various other entities and angel investors, is earmarked for establishing an Ethereum reserve. SharpLink also intends to leverage these crypto assets for additional revenue generation, including proceeds from staking activities.
• Scalable Capital: $176.5 million (equivalent to €155 million)
  The German fintech startup successfully closed an undisclosed funding round. Co-led by Sofina and Noteus Partners, with existing investors Balderton Capital, Tencent, and HV Capital also participating, these funds will fuel the expansion of its investment platform across Europe and support the launch of new products.
• IOST: $21 million
  The team behind this modular RWA (Real World Asset) infrastructure project announced the completion of a strategic funding round. Participants included prominent entities such as DWF Labs, Presto, and Rollman Management Groups. While a special distribution mechanism was utilized, specific details were not disclosed. The capital is designated for new product development and overall project growth.
• Rails: $14 million
  This crypto exchange secured its funding through a token sale held in April 2025. Key investors included Kraken, Slow Ventures, CMCC Global, Quantstamp, and Round13 Capital. The platform operates on the Ink network, a blockchain developed by Kraken.

Notable Investments Under $10 Million

Several other projects also received significant backing, reinforcing various niches within the crypto ecosystem:

• Avantis: $8 million
  A decentralized exchange (DEX) operating on the Base network, Avantis concluded its Series A round. Co-led by Founders Fund and Pantera Capital, with additional participation from Symbolic Capital, SALT Fund, and Flowdesk, this round was reportedly closed in 2024 but publicly announced only recently.
• Soul Labs: $6 million
  This studio, focused on developing a unified liquidity layer to connect money markets across different ecosystems, conducted a public token sale. The funds will primarily be used for security audits and other preparations leading up to its mainnet release.
• 3Jane: $5.2 million
  Paradigm provided funding to 3Jane, a startup building a DeFi protocol for unsecured credit lines in USDC. The studio employs a proprietary credit scoring system and zkTLS technology, with its mainnet release anticipated in Q3 2025.
• Dedge Security: $4.5 million (equivalent to €4 million)
  The Spanish startup completed a seed round led by Tritemius. Dedge Security specializes in developing a platform for ensuring the security of smart contracts, decentralized applications, and blockchain infrastructure throughout their lifecycle.
• HashPower: $4 million
  This staking protocol concluded a strategic investment round with participation from HashKey Capital, FBG Capital, Hailstone Labs, and DePIN X Capital. The project enables users to earn mining and staking rewards from high-quality projects without needing to own specialized hardware. The capital will support its scaling efforts.
• Launcher Capital: $4 million
  The team secured a seed round led by Andreessen Horowitz’s crypto arm (a16z crypto). Launcher Capital aims to redefine modern game development by creating an infrastructure that supports AI-driven games and facilitates the monetization of creative ideas.
• HeyElsa: $3 million
  HeyElsa closed a funding round led by M31 Capital, with contributions from Coinbase Ventures’ Base Ecosystem Fund, MH Ventures, Absoluta Digital, 2Shares, Levitate Labs, and others. The project is an AI layer built on Solana, designed to provide efficient AI support for smart agents and decentralized applications.
• AINX: $2 million
  AlphaGamma spearheaded the seed round for AINX, a decentralized AI computing network built on the Helioq protocol, with additional support from angel investors. Its flagship product, the Helioq NodeX device, allows individuals to contribute computing power and earn rewards. The funds will accelerate ecosystem development and scaling.
• Shards Protocol: $2 million
  Shards Protocol announced the completion of a funding round with participation from Animoca Brands, Kyber Ventures, Yield Guild Games, and others. The developers are building Aura, a protocol designed to reward users for their engagement in the Web3 space.
• Variational: $1.5 million
  This peer-to-peer crypto derivatives protocol on the Arbitrum network attracted funding from Mirana Ventures, Caladan, Zoku Ventures (formerly Superpotion), and other key partners. The capital will be used for further development of its Omni platform, which supports numerous markets with zero trading fees and narrow spreads, leveraging its Omni Liquidity Provider (OLP).

Additional Strategic Investments and Partnerships

Beyond the disclosed funding rounds, several other notable financial movements and strategic alliances were announced:

• Momentum DEX
  The decentralized exchange Momentum successfully closed a strategic funding round, achieving a significant $100 million valuation. This round was co-led by OKX Ventures, Coinbase Ventures, Protagonist, and DNA Fund, with additional participation from Gate Ventures, MEXC Ventures, KuCoin Ventures, Coin Bureau, Monke Ventures, MultiChain Advisors (MCA), Crypto Lark, and theonlynom. These funds are designated for scaling the project.
• Orionx
  Cryptocurrency exchange Orionx received a strategic investment as part of its Series A round from Tether, the issuer of USDT. This capital injection is set to strengthen Orionx’s regional operations, expand its technological capabilities, and scale its stablecoin-based infrastructure for remittances, payment collection, and treasury services across Latin America, aligning with Tether’s broader expansion strategy in the region.
• YZi Labs and OneKey
  YZi Labs announced a strategic investment in OneKey, a developer of hardware crypto wallets. This infusion will bolster OneKey’s efforts in developing next-generation hardware, enhancing on-chain threat detection and contract analysis capabilities, and expanding compliance initiatives and user growth in key markets like the U.S., Europe, and emerging regions.
• ThermAI
  The ThermAI protocol secured a strategic infusion from Daniel Keller, co-founder of Flux and lead architect of Zelcore. ThermAI operates as a decentralized heat recovery protocol from hardware nodes, usable for domestic purposes, where node operators earn rewards for both computational contributions and heat generation.
• Shiga Digital
  Tether also invested in the African startup Shiga Digital. The terms and amount of this investment were not disclosed. Shiga Digital offers various blockchain-powered financial products aimed at supporting local businesses, often those lacking access to international financial markets.
• Quranium
  The Quranium project received a strategic infusion from Animoca Brands. Positioned as the world’s first convergence layer, Quranium aims to integrate AI, blockchain, and quantum security into a resilient digital foundation. The specifics of this investment remain undisclosed.

These investment activities highlight a dynamic landscape where capital continues to flow into projects that promise to advance the utility, security, and accessibility of blockchain technology and decentralized applications.