The third week of March 2025 introduced a serious crypto alternate growth as Kraken accomplished its $1.5 billion acquisition of NinjaTrader. In the meantime, MoonPay secured $200 million for its fee infrastructure.
Based on Crypto Fundraising, the week’s funding reached over $2 billion. The week’s funding has seen a bounce towards buying and selling instruments, storage options, and fee infrastructure.
NinjaTrader, $1.5 billion
- Acquired by Kraken for $1.50 billion.
- The M&A deal will increase Kraken’s buying and selling analytics capabilities.
- Constructing finance and buying and selling infrastructure.
- Growing analytical buying and selling instruments.
MoonPay, $200 million
- Moonpay acquired a $200 million revolving credit score line from Galaxy, a crypto-focused monetary companies agency.
- The corporate, which focuses on constructing fee and buying and selling options, has raised a complete of $1.16 billion thus far.
Walrus, $140 million
- Walrus secured $140 million in an unknown spherical with $2 billion FDV.
- The funding was backed by Commonplace Crypto, a16z crypto and Electrical Capital.
- Walrus is constructing storage options on the Sui (SUI) ecosystem.
VIA, $28 million
- VIA raised $28 million in Sequence B funding.
- The funding was backed by Bosch Ventures, BMW i Ventures, and MassMutual Ventures.
- The venture has raised $45.15 million thus far.
Crossmint, $23.6 million
- Crossmint, an NFT fee infrastructure builder, secured $23.6 million in Sequence A funding
- The funding was backed by Ribbit Capital, Franklin Templeton, and Nyca
Halliday, $20 million
- Halliday raised $20 million in Sequence A funding.
- Its backers embrace Andreessen Horowitz’s a16z crypto, Ron Conway’s SVA Angel and Blizzard.
- The corporate, which is creating gaming fee infrastructure, has raised $26 million thus far.
Utila, $18 million
- Utila secured $18 million in Sequence A funding.
- The corporate is backed by Nyca Companions, Wing Enterprise Capital and NFX.
- Utila is constructing multichain safety pockets; It has raised $29.5 million thus far.
SlingShot DAO, $16 million
- SlingShot DAO has raised $16 million in an unknown spherical.
- Dragonfly, Animoca Manufacturers, and DCG participated within the effort.
- The venture has raised $19 million thus far.
Privy, $15 million
- Privy secured $15 million in an unknown spherical
- The funding was backed by Ribbit Capital, Sequoia, and Paradigm
- The startup has raised $33 million thus far.
Notable crypto VC funding rounds < $10 million
- Ephyra, $10.5 million for AI gaming on P2E
- Yeet, $7.75 million for P2E gaming on Berachain
- Pluralis Analysis, $7.60 million for AI infrastructure
- Uranium Digital, $6.10 million for real-world property on Solana (SOL)
- ABEX, $6 million for monetary asset administration
- Soluna, Opinion Labs, and Hibachi every raised $5 million
- Secure Sea, $3.5 million for stablecoin funds
- Redacted, $3.01 million with $70 million FDV for leisure
- Degree Protocol, $2.6 million for stablecoin options
- Manifest Finance, $2.5 million for real-world property
- Stoffel MPC, $1.6 million for privateness infrastructure
- Oro, $1.5 million for Solana real-world property
- Kamigotchi, $1.3 million for P2E gaming
- Bedrock, $1.25 million with $25 million FDV for DeFi staking
- NeuronX, $1 million for AI lending options
