Crypto Startups raised $739.5 million over 17 transactions in the week of June 22-28, 2025, marking one of the sector’s most powerful funding in the month.
Top of the list is Kalshi, a regulated forecast market exchange, which closed its $185 million Series C round at a $2 billion valuation. Bitcoin Miner Bit Digital continued at $150 million, while institutional blockchain platforms Canton Network and Defi Firm World Liberty Financial protected $135 million and $100 million, respectively.
Compiled with the help of Crypto Fundraising, this week’s fundraising column highlights infrastructure and Defi protocols and updated investors’ trust in core blockchain services and facility-grade products.
Calci
Kalshi raised $185 million in the Series C round, diluting $2 billion, which was fully diluted. Paradigm, Sequoia, and Multichine Capital were involved in this effort. Kalshi has raised a total of $225.15 million so far.
Bit Digital
Bit Digital protected $150 million. The company focuses on Bitcoin mining in Canada, the US and Iceland.
Canton Network (digital assets)
Canton Network raised $135 million in an unknown round, bringing funds to $397.2 million. Investors include DRW Venture Capital, TradeWeb, and BNP Paribas. Canton Network is a public layer-1 blockchain, especially for facility finance.
🧵Canton’s creators, @digitalassetcom, have raised $135M from a powerhouse group, led by @DRWTrading and @Tradeweb, with funding participants:@BNPParibas, @circle, @citsecurities, @The_DTCC, @GoldmanSachs, IMC, @LCVentures,@OptiverGlobal, @Paxos, @polychain, @QCPgroup,… pic.twitter.com/8gYOEUC8Cq
— Canton Network (@CantonNetwork) June 24, 2025
World Liberty Financial
World Liberty Financial raised $100 million in an unknown round, bringing total funds to $715 million. The WLFI tokens focus on Defi, Ethereum Ecosystem, Lending/Lonowing, and Leght Aggregators. Aquant has taken part in the latest investment.
The
Zama currently has $130 million in funding thanks to its latest $57 million Series B investment. The startup has a completely diluted valuation of $1 billion. The latest round included investors’ Pantera and block change. The project operates in the infrastructure and privacy sector and focuses on cutting-edge, fully isomorphic encryption (FHE) solutions.
Niural
Niural, an AI-Native Professional Employment Organization (PEO) and HR platform, won $31 million in the Series A round. The latest investments were supported by Marathon Digital, M13 and Inspired Capital.
🚀 Thrilled to announce Niural’s $31M Series A led by Marathon Management Partners! We’re redefining global CFO & People Ops with the first AI-native PEO platform. #Niural #AI #Fintech
⚡Niural’s end-to-end global PEO and payments platform is powered by proprietary tax engines… pic.twitter.com/y9Je76kXJ8
— Niural (@niuralHQ) June 25, 2025
Project less than $30 million
Veda, Global Token Exchange (GTE) unknown round $18 million, Series A Round Concrete Protocol (Blueprint Finance), $15 million, Unknown Round Spector Game, $9.5 million, Pre-Seed Round DKLoud, $5 million, Unknown Round Inference Lab, $3 million, $3 million, $3 million, Unknown Round Round Round Round, $3 million, $3 million, Pre-Seed Round Byzantlink, Private Round Twyne, $450,000
