The week of August 17-23, 2025, recorded $63.77 million in crypto funding across 13 projects, with DigiFT’s $11 million strategic round leading.
Summary
Crypto funding hit $63.7 million across 13 projects, down from $1.5 billion last week
DigiFT led with $11 million, as Irys and Block Earner raised $10 million and $8 million
Smaller rounds included DecentralGPT, Overtake, LO:TECH, and Legion
Multi-chain and cross-ecosystem projects dominated this week’s funding as per Crypto Fundraising data.
Here’s a detailed overview of this week’s crypto funding activity:
DigiFT
DigiFT raised $11 million in a Strategic round
Investors include SBI Holdings, Mirana Ventures, and Offchain Labs
DigiFT has raised a total of $21.5 million
The project is a regulated DeFi exchange
Irys
Irys secured $10 million in a Series A round
The investment was backed by CoinFund, Hypersphere, and Tykhe Ventures
The datachain platform raised a total of $18.7 million
Block Earner
Raised $8 million in a Series A round
Fully diluted valuation of $75 million
Block Earner is a web3 fintech platform
Investors include Titan Fund and Haun Ventures
The project has raised a total of $14.4 million
Projects < $8 Million
Cointel raised $7.4 million in an unknown round
DecentralGPT bagged $7 million in an unknown round
Overtake took home $7 million in an unknown round
LO:TECH raised $5 million in a Seed round
Legion bagged $5 million in a Seed round
o1 exchange raised $4.2 million in an unknown round
LYS Labs raised $4 million in a Seed round
Capital B (ex The Blockchain Group) raised $2.57 million in an unknown round
Loop Crypto bagged $2 million in a Strategic round
Vanish raised $1 million in a pre-seed round
There is a notable drop in VC funding this week in comparison to last week’s nearly $1.5 billion. Read our last week’s coverage here.
