In an impressive display of confidence in the cryptocurrency sector, startups raised a staggering $739.5 million across 17 deals during the week of June 22–28, 2025. This funding surge highlights a revitalized interest in infrastructure and institutional-focused projects, signaling a potential turning point in the market. Leading the charge is Kalshi, a regulated prediction market exchange, which secured $185 million in a Series C funding round, elevating its valuation to an impressive $2 billion.
Following closely is Bit Digital, a prominent player in the Bitcoin mining industry, which successfully raised $150 million. This funding is earmarked for enhancing its operations across Canada, the U.S., and Iceland. The week also saw significant contributions from other notable players such as Canton Network and World Liberty Financial, securing $135 million and $100 million respectively. These figures not only demonstrate the resilience of the crypto sphere but also reflect renewed investor interest in core blockchain services and institutional-grade products.
Kalshi has emerged as a standout in the funding landscape, raising a total of $215.15 million so far. Key investors such as Paradigm, Sequoia, and Multichain Capital played pivotal roles in this funding campaign. Tarek Mansour, the CEO of Kalshi, expressed his excitement over the funding, stating, “People choose to work at Kalshi not because of the money we’ve raised, but because of our ambition.” This notion echoes a larger sentiment in the market where vision and innovation are becoming key drivers of success.
Moreover, Canton Network, specializing in institutional finance through its public Layer-1 blockchain, has garnered total funds reaching $397.2 million, thanks to participation from major investors like DRW Venture Capital and BNP Paribas. Meanwhile, World Liberty Financial is focusing on the DeFi ecosystem, emphasizing areas such as lending and yield aggregators, which have become critical in the current financial landscape. The combination of infrastructure and DeFi protocols is indicating a robust response from investors eager to capitalize on the evolving dynamics of the crypto economy.
Another noteworthy mention is Zama, which has successfully raised $57 million in Series B funding, bringing its total to $130 million. Zama focuses on Privacy solutions and is operating within the cutting-edge realm of Fully Homomorphic Encryption (FHE). Meanwhile, Niural, an AI-native Professional Employment Organization (PEO), received $31 million in a Series A funding round. Together, these projects illustrate the diverse and growing landscape of crypto startups that are not only surviving but thriving amidst changing market conditions.
This week serves as a powerful reminder that the crypto sector is evolving rapidly, with investor interest shifting towards foundational technologies and services that promise long-term sustainability. As funding continues to flow into the industry, the future landscape of cryptocurrency and blockchain technology looks promising, with potential innovations poised to reshape the financial world.
