FxWirePro- Top Recent Crypto Fundraising Events

Report 1: June 28, 2025

Major Funding Rounds

Kalshi - $185M (Series D)

• Kalshi is the U.S.-based prediction market
• Investors: Sequoia Capital, Ventures

Digital Asset - $135M (Series Unknown)

• Digital Asset develops the Canton Network for institutional finance
• Investors: DRW, Tradeweb, Circle

WLFI - $100M (Series Unknown)

• World Liberty Financial is a DeFi project, promoted by Trump family
• Investors: Various

Zama - $57M (Series Unknown)

• Zama protocol allows developers to build encrypted dApps
• Investors: Various

Veda - $18M (Series Unknown)

• Veda is the DeFi engine for financial apps
• Investors: Ventures

GTE - $15M (Series Unknown)

• GTE is a decentralized exchange built on the MegaETH blockchain
• Investors: Various

Concrete - $9.5M (Series Unknown)

• Concrete is the DeFi Liquidity Metalayer protocol
• Investors: Various

Wildcard - $6.5M (Series Unknown)

• Wildcard is a hybrid of MOBA, real-time strategy and collectible game
• Investors: Various

Key Investors Featured

• Paradigm - Multiple investments
• Sequoia Capital - Kalshi investment
• Goldman Sachs - Investment activities
• Ventures - Multiple portfolio companies
• YZiLabs - Investment activities
• Pantera - Investment activities
• BlockChange - Investment activities

Report 2: July 5, 2025

Major Funding Rounds

Distinct Possibility Studios - $30.5M (Series Unknown)

• Distinct Possibility Studios is an indie game studio
• Investors: Various

The Open Platform - $28.5M (Series Unknown)

• TOP is the main developer behind TON's main browserent wallet
• Investors: Various

Glow Finance - $9.5M (Series Unknown)

• Glow Finance offers DeFi features that maximize capital efficiency
• Investors: Various

Zypher Network - $7M (Series Unknown)

• Zypher is ZK computing layer for trustless AI agents & large dApps
• Investors: Various

Datagram - $4M (Series Unknown)

• Datagram is a hyperfabric DePIN powering connected intelligence
• Investors: Various

Limitless - $4M (Series Unknown)

• Limitless Labs develops a prediction market platform on Base
• Investors: Various

MEET48 - TBA (To Be Announced)

• MEET48 is a Web3 entertainment platform powered by Web3 and AI
• Investors: TBA

Perena - TBA (To Be Announced)

• Perena is the first stablecoin infrastructure protocol on Solana
• Investors: TBA

Key Investors Featured

• Bitkraft - Gaming and entertainment investments
• Ribbit Capital - Fintech investments
• Brevan Howard - Traditional finance entering crypto
• Pantera - Continued investment activities
• YZiLabs - Ongoing investment activities
• Coinbase Ventures - Exchange-backed investments
• Maelstrom - Investment activities
• Blizzard - Gaming industry investments
• Echo - Investment activities
• Susquehanna - Trading firm investments

Investment Trends Analysis

Funding Categories by Sector:

1. DeFi Protocols - Multiple large rounds including Concrete, Glow Finance
2. Gaming/Entertainment - Distinct Possibility Studios, Wildcard, MEET48
3. Infrastructure - Digital Asset, Zypher Network, Perena
4. Prediction Markets - Kalshi, Limitless
5. AI/ML Integration - Zypher Network, MEET48

Geographic Distribution:

• U.S.-based: Kalshi, Distinct Possibility Studios
• Global: Various international projects

Investment Stages:

• Series D: Kalshi ($185M)
• Various early to mid-stage rounds
• Multiple TBA announcements indicating ongoing deal flow