During the week of August 17–23, 2025, the crypto sector saw $63.77 million in Crypto VC Funding across 13 projects. Leading the pack, DigiFT raised $11 million in a strategic round, followed closely by Irys and Block Earner, securing $10 million and $8 million, respectively.
Overview of This Week’s Crypto Funding
- Total crypto funding reached $63.7 million, a significant decrease from last week’s $1.5 billion.
- Multi-chain and cross-ecosystem projects dominated the investment landscape.
- Smaller rounds went to projects like DecentralGPT, Overtake, LO:TECH, and Legion.
DigiFT
DigiFT led the week with $11 million in a strategic funding round. Investors included SBI Holdings, Mirana Ventures, and Offchain Labs. This brings DigiFT’s total funding to $21.5 million. The project is a regulated DeFi exchange, focusing on secure and compliant decentralized financial solutions.
Irys
Irys successfully raised $10 million in a Series A round, backed by CoinFund, Hypersphere, and Tykhe Ventures. The datachain platform has now raised a total of $18.7 million. Irys aims to expand its innovative blockchain-based solutions for data management and analytics.
Block Earner
Block Earner, a web3 fintech platform, secured $8 million in Series A funding at a fully diluted valuation of $75 million. Investors include Titan Fund and Haun Ventures. With this round, Block Earner has raised a total of $14.4 million to expand its decentralized financial offerings.
Projects Raising Less Than $8 Million
Several smaller projects also received funding this week:
- Cointel: $7.4 million (undisclosed round)
- DecentralGPT: $7 million (undisclosed round)
- Overtake: $7 million (undisclosed round)
- LO:TECH: $5 million (Seed round)
- Legion: $5 million (Seed round)
- o1 Exchange: $4.2 million (undisclosed round)
- LYS Labs: $4 million (Seed round)
- Capital B (ex The Blockchain Group): $2.57 million (undisclosed round)
- Loop Crypto: $2 million (Strategic round)
- Vanish: $1 million (pre-seed round)
While this week shows a notable drop compared to last week’s nearly $1.5 billion in funding, the trend highlights investor interest in multi-chain and cross-ecosystem blockchain projects. Startups in the crypto space continue to attract attention from strategic investors aiming to back innovative and scalable solutions.
