
18 crypto projects raised over $956M in a week
Cryptocurrencies
April 28, 2025
Between April 19 and 26, 18 crypto and fintech projects raised over $956 million in investments, demonstrating the ongoing strong interest of venture capital funds in the digital assets market.
Top Deals of the Week
- $400M — Securitize secured funding to launch the Mantle Index Four (MI4) fund, which aims to become a crypto equivalent of the S&P 500. Key partners include BlackRock, KKR, and Hamilton Lane.
- $179M — Bitdeer raised capital post-IPO to develop cloud computing and GPU infrastructure, supported by Matrixport Ventures.
- $100M — Upexi, a holding company specializing in Amazon brands and D2C sales, completed a post-IPO funding round involving GSR Investments, Borderless Capital, and others.
- $52M — Alpaca, a fintech company offering API-first brokerage services for stocks, options, ETFs, and cryptocurrencies, raised a Series C round led by Portage Ventures and Unbound.
- $50M — SkyAI conducted a public token sale to enhance its Web3 data aggregation platform, with plans to integrate Ethereum and Base blockchains.
- $50M — Nous Research secured Series A funding from Paradigm to develop open-source AI models and decentralized learning systems.
- $29M — Symbiotic received Series A investments from Pantera Capital and Coinbase Ventures to advance its customizable staking protocol.
- $20M — ZND obtained token investment commitments from Rollman Management Digital to support technological development and business operations.
- $20M — Theo attracted funding from HackVC and Anthos Capital to build decentralized institutional-grade trading infrastructure.
- $15M — Analog secured funding from Bolt’s Capital to develop omnichain interoperability protocols for optimized Web3 data access.
- $13M — Arch Network raised Series A funding from Pantera Capital and Multicoin Capital to enhance Bitcoin-based programmable smart contracts infrastructure.
- $8M — Tally received Series A funding from Blockchain Capital, AppWorks Venture, and BitGo to develop DAO management tools and infrastructure.
- $7.5M — MagicBlock closed a seed round with support from Mechanism Capital, Lightspeed Venture Partners, and others to expand its GameFi platform.
- $5M — Mask, a company developing browser extensions that integrate Web3 and privacy features into social media platforms, secured strategic funding from DWF Labs.
- $5M — Inco raised strategic funding from a16z CSX and Coinbase Ventures to support decentralized Web3 application development.
- $1.25M — Catalysis, a blockchain infrastructure provider, raised pre-seed funding from HASHED, Spaceship DAO, and others.
- $1.1M — InflowPay secured funding to develop a cross-border payments platform for emerging markets, backed by Alliance DAO and Stake Capital Group.
- $325,000 — LTV Protocol raised investments from angel investors including the CEO of P2P, co-founders of Matter Labs, and contributors from MakerDAO, Neon Labs, and others to advance leveraged DeFi yield strategies.
Beyond these main deals, two other notable developments occurred. Publicly listed company SOL Strategies announced a $500 million convertible bond deal with ATW Partners to expand infrastructure and project support for the Solana ecosystem.
Additionally, venture firm RockawayX secured $125 million to launch a new fund focused on Solana ecosystem investments, DeFi projects, and hardware-based blockchain networks through RockawayX Infra. These moves underline Solana’s growing importance in the Web3 landscape.