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Weekly Cryptocurrency Venture Capital Funding: Circle's $1.1 billion IPO and IOST's $21 million fundraising top the list

In June 2025's initial week, Circle's impressive $1.1 billion IPO dominated crypto venture capital funding, contributing to a total of $1.17 billion invested between June 1st and June 7th.

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Crypto venture capital funding reached a notable milestone during the first week of June 2025, with...
Crypto venture capital funding reached a notable milestone during the first week of June 2025, with Circle's impressive $1.1 billion IPO spearheading a total of $1.17 billion in investments from June 1st to 7th.

Weekly Cryptocurrency Venture Capital Funding: Circle's $1.1 billion IPO and IOST's $21 million fundraising top the list

Crypto funding bounced back in early June, with investors eagerly backing blockchain projects across the board. The week's star was Circle's IPO, hauling in a whopping $1.1 billion and securing its spot on the NYSE under CRCL.

According to Cryptofundraising data, crypto ventures attracted $1.17 billion between June 1-7. Notable funding rounds include IOST's strategic round of $21 million, Rails' $14 million unknown round, Avantis' $8 million Series A, and several smaller seed raises for up-and-coming players like 3Jane, Launcher Capital, HashPower, HeyElsa, Shards Protocol (Aura), AINX, Variational, and LayerEdge.

Here's a rundown of various funding activities:

IOST Secures $21 MillionIOST successfully secured $21 million in a strategic round, backed by DWF Labs, Presto, and Redman Management.

Rails Raises $14 MillionRails managed to gather $14 million in an unknown round with the support of investors like Kraken Ventures, Slow Ventures, and CMCC Global. So far, the company has raised a total of $20.2 million.

Avantis Gathers $8 MillionAvantis nabbed $8 million in a Series A round, with investment from Pantera, Founders Fund, and Salt Fund. The project has raised a total of $12 million so far.

Other Projects with Funding Amounts Under $6 Million

  • Soul Labs secured $5.96 million in a public sale.
  • 3Jane raised $5.2 million in a seed round.
  • Launcher Capital gathered $4 million in a seed round.
  • HashPower garnered $4 million in a strategic round.
  • HeyElsa earned $3 million in an unknown round.
  • Shards Protocol (Aura) secured $2 million in an unknown round.
  • AINX raised $2 million in a seed round.
  • Variational bagged $1.5 million in a strategic round.
  • LayerEdge raised $1 million in a public sale.

While exciting cryptocurrency projects like Metars Genesis, Sui, Qubetics, Near Protocol, and EarthMeta are making headlines in early June, there are no reports of new venture capital or seed funding rounds with named investors and disclosed amounts during this period. Stay tuned for more updates on the ever-evolving crypto landscape!

  1. The crypto venture Tron's token, Tron, could potentially benefit from the recent surge in crypto funding, as many blockchain projects are receiving investments.
  2. Kraken Ventures, a notable investor, backed Rails in its $14 million round, indicating that the crypto exchange Kraken may be interested in the technology used by Rails.
  3. In the realm of technology and finance, several decentralized exchange (DEX) projects like Shards Protocol (Aura) and LayerEdge have successfully raised funding, suggesting growth in the DEX market.
  4. The project Avantis, which operates in the finance sector, has attracted investments from notable crypto backers like Pantera, Founders Fund, and Salt Fund, showcasing renewed interest in crypto investments.
  5. With the increased interest in crypto mining and the continued development of promising projects like Metars Genesis, Sui, Qubetics, Near Protocol, and EarthMeta, investors might consider diversifying their portfolios to include XRP, a cryptocurrency with a strong focus on cross-border payments and remittances.

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