January 21, 2025
Here’s your Weekly Wrap of all things crypto funding, ending January 18, 2025.
This week’s crypto funding landscape saw investments spread across 18 projects, with DeFi, Fintech, and Social emerging as the top-performing sectors. Together, these categories raised a combined total of $349.9 million, showcasing the blockchain industry's continued evolution in financial and social solutions.
Below is a summary of the projects receiving funding this week:
Category | Organization Name | Project Description | Money Raised this Round |
AI |
|
| 3,400,000 |
Metya | An AI-driven web3 dating platform | UNDISCLOSED | |
Mind AI | An AI Agents for Smart Trading Platform | 1,200,000 | |
Reppo Labs | A Permissionless Data-AI Coordination Layer | 2,200,000 | |
Sapiens AI | An AI-powered Web3 Networking firm | UNDISCLOSED | |
DeFi |
|
| 150,000,000 |
Phantom | A Crypto Wallet Built for DeFi & NFTs | 150,000,000 | |
DEX |
|
| 10,000,000 |
GTE | Decentralized Trading Venue Built on MegaETH | 10,000,000 | |
Fintech |
|
| 133,000,000 |
Komainu | First regulated digital asset custody solution | 75,000,000 | |
Sygnum Bank | Global digital asset banking group | 58,000,000 | |
Gaming |
|
| 4,750,000 |
BeraTone | Building the premiere video game experience on Berachain | 2,000,000 | |
Hyve Labs | A Web3 Gaming Platform | 2,750,000 | |
Infrastructure |
|
| 23,000,000 |
Interstate | A preconfirmations protocol | UNDISCLOSED | |
Merit Systems | Creating an Open Source Economy | 10,000,000 | |
Reown | Creating Toolkits to build onchain UX | 13,000,000 | |
RWA |
|
| 2,500,000 |
BounceBit | Building institutional RWA infrastructure | UNDISCLOSED | |
Brickken | A BNB Chain RWA Tokenization Provider | 2,500,000 | |
Social |
|
| 23,250,000 |
EarnOS | A Digital Advertising Firm Using Zktls | 5,000,000 | |
oshi | Uniting Anime Creators and Fans with Blockchain | 12,500,000 | |
Tapestry | An Internet's Social Graph on Solana | 5,750,000 | |
Grand Total |
|
| 349,900,000 |
DeFi
The DeFi category dominated the funding activity this week, raising an impressive $150 million from a single project. This funding underscores the significant interest in enhancing decentralized finance tools and applications.
Phantom, a crypto wallet for DeFi and NFTs, led the category with its substantial $150 million raise. Phantom’s platform supports multiple blockchains and offers wallet services, including token swaps and NFT management. This investment is expected to bolster its expansion and enhance its multi-chain functionalities.
Fintech
The Fintech category secured a total of $133 million across two projects, highlighting the ongoing push to integrate blockchain with traditional financial services.
Komainu, the first regulated digital asset custody solution, raised $75 million. This funding is expected to strengthen its position as a trusted platform for institutional-grade custody services, bridging the gap between traditional finance and digital assets.
Sygnum Bank, a global digital asset banking group, brought in $58 million. As a fully regulated digital asset bank, Sygnum is focused on expanding its services, including tokenized investments and lending solutions, to support a growing ecosystem of blockchain-based finance.
Social
The Social category showcased strong growth, raising a total of $23.25 million across three projects. These investments reflect blockchain's increasing integration with content creation and social networking platforms.
oshi, which unites anime creators and fans through blockchain, led the category with $12.5 million raised. The platform leverages blockchain to provide creators with tools for collaboration and fan engagement, while enabling fans to directly support projects through tokenized rewards.
Tapestry, an internet social graph built on Solana, secured $5.75 million. By enabling decentralized social connections and data ownership, Tapestry is working to redefine how users interact within social ecosystems.
EarnOS, a digital advertising firm utilizing zkTls, raised $5 million. The platform aims to bring privacy-preserving solutions to digital advertising, allowing advertisers to reach audiences while safeguarding user data.
Conclusion
This week’s funding activity underscores the expanding diversity and investor interest across the blockchain ecosystem. The DeFi sector led the funding with $150 million, reflecting the robust demand for decentralized finance tools and NFT-integrated wallets. In the Fintech sector, Komainu and Sygnum Bank raised a combined $133 million, signaling continued investment in regulated custody and digital banking solutions. The Social sector attracted attention with $23.25 million raised, highlighting the growing intersection of blockchain, content creation, and decentralized social networks.
These developments demonstrate the blockchain industry’s increasing focus on financial integration, scalable solutions, and social applications, positioning the ecosystem for sustained growth.
A central focus of investor activity in the cryptocurrency space is the evaluation of new crypto projects to invest in, particularly those with huge potential. This blog provides insight into what new ventures are benefiting from venture capital support (VC funding in crypto). These new crypto projects, funded by professional investors, can dictate the next narrative in crypto and the next big crypto movers.
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