The crypto VC funding sector visited a series C of $150 million last week, bringing total weekly investments to more than $700 million.
Payment solutions, wallet infrastructure, and financial services attracted the bulk of the capital, according to Crypto Fundraising data.
Let's dive deeper into the main crypto VC funding efforts and which companies were involved.
Helio, $175 million
- MoonPay acquired the startup for $175 million.
- Helio, the decentralized finance (DeFi) platform, is backed by Pantera Capital; blockchain and gamification innovator Animoca Brands; DAO Maker, a platform for decentralized venture funding; and OKEx Ventures, the investment arm of one of the largest cryptocurrency exchanges.
Ghost, $150 million
- It raised $150 million in Series C with a $3 billion FDV.
- Phantom is supported by Sequoia, Paradigm, and a16z crypto.
- Building solutions wallet for Solana (SOL) ecosystem.
- Phantom has raised $268 million to date.
Alterya, $150 million
- Alterya has secured an M&A deal worth $150 million
- The company was acquired by Chainlysis
At least $75 million
- Komainu received $75 million in Series B funding
- Blockstream supports the project.
- Komainu develops asset management solutions.
Sygnum, $58 million
- We secured $58 million in strategic funding at a $1 billion valuation.
- Filder Ventures is a sponsor, helping Sygnum raise a total of $188 million.
1Money Network, $20 million
- It raised $20 million in seed funding
- F/Prime Capital, Galaxy, and Hack VC are among 1Money's investors
- 1Money Network is building L1 payment infrastructure
Litas, $20 million
- We received $20 million in private funding.
- Sponsored by Rothman Management.
- Lita combines payment and wallet solutions and creates easy-to-use financial tools.
Dfns, $16 million
- It raised $16 million in Series A funding.
- With support from Further, Wintermute, and others.
- The project focuses on the infrastructure of wallets.
Reown (ex WalletConnect), $13 million
- We raised $13 million in Series B funding.
- Backed by Union Square Ventures, 1kx, and GDA Capital.
- Reown is building API solutions for wallets.
Exclusive crypto VC funding rounds under $10 million
- Merit Systems raised $10 million for software development
- Synthr received $10 million in an undisclosed round
- GTE raised $9.44 million in seed funding
- Tapestry raised $5.75 million in Series A
- EarnOS received $5 million in seed funding
- Hyve Labs raised $2.75 million in pre-seed funding
- Brickken raised $2.50 million in seed funding with a $22.50 million FDV
- Reppo received $2.22 million in an undisclosed round
- BeraTone and DePIN DAO raised $2 million each
- Timeswap raised $2 million through a public sale with a $20 million FDV
- DeFi AI and Mind AI producers each received $1.20 million
- MilkyWay raised $1 million through a public sale
- ChainAwareAi received $50,000 through donations
