Circle’s $1.1b IPO, IOST’s $21m raise

June 7, 2025 Reacher Dex Screener
Binance
Circle's $1.1b IPO, IOST's $21m raise



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Crypto venture funding roared back to life in the first week of June, with capital flowing into both blockbuster deals and early-stage bets.

The headline grabber was Circleā€™s long-awaited initial public offering (IPO), which brought in $1.1 billion and marked the companyā€™s debut on the NYSE under the ticker CRCL.

Altogether, crypto projects attracted $1.17 billion from June 1ā€“7, according to Cryptofundraising data. From major strategic rounds like IOST and Avantis to smaller seed raises for emerging players like 3Jane and Launcher Capital, the week highlighted a growing investor appetite across the Web3 stack.

Hereā€™s a list of the different funding activity:

IOST

IOST (IOST) secured $21 million in a Strategic round

The investment was backed by DWF Labs, Presto, and Redman Management

Rails

Raised $14 million in an Unknown round

Investors include Kraken Ventures, Slow Ventures, and CMCC Global

Rails has raised $20.2 million so far

Avantis

Avantis gathered $8 million in a Series A round

The investment was backed by Pantera, Founders Fund, and Salt Fund

The project has raised $12 million so far

Projects < $6 million





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