Weekly Wrap: Crypto Funding - March 22, 2025
- Jean D
- Mar 25
- 5 min read
Updated: Mar 27
March 25, 2025
Here’s your Weekly Wrap of all things crypto funding, ending March 22, 2025
This week’s crypto funding landscape saw a total of $753.85 million raised across 28 projects, with Web3 ($400M), Data ($168M), and Wallet ($58M) as the top-funded categories. Web3 led the sector as investors backed blockchain-based platforms and integrations, while Data projects attracted significant capital to enhance decentralized storage and computation. Wallet solutions also secured strong funding, emphasizing the growing demand for secure and accessible digital asset management. These investments highlight blockchain’s expanding role in financial and technological ecosystems, reinforcing its long-term growth trajectory.
Below is a summary of projects receiving funding this week:
Category | Organization Name | Project Description | Money Raised this Round |
AI | 17,600,000 | ||
AegisAI | Modular AI L1 blockchain for decentralized | UNDISCLOSED | |
Hibit | L1 blockchain for AI agents and next-gen DEX | 10,000,000 | |
Protocol Learning using Collaborative model training | 7,600,000 | ||
Commodities | 6,100,000 | ||
Uranium Digital | Institutional-grade spot uranium trading platform | 6,100,000 | |
Data | 168,000,000 | ||
VIA | Decentralized Data and Identity Protection Platform | 28,000,000 | |
Walrus | Scaling programmable storage built on Sui | 140,000,000 | |
DeFi | 1,000,000 | ||
NeuronX | Decentralized lending protocol on Dfinity | 1,000,000 | |
Gambling | 12,750,000 | ||
Opinion Labs | Prediction Market for Everything | 5,000,000 | |
YEET | Crypto Casino | 7,750,000 | |
Gaming | 27,800,000 | ||
Ephyra | AI-powered companions for next-level gaming | 10,500,000 | |
Kamigotchi | Fully onchain Pet idle-MMORPG | 1,300,000 | |
Slingshot DAO | Roblox AI Game Launcher | 16,000,000 | |
Infrastructure | 43,600,000 | ||
Crossmint | All-in-one API platform | 23,600,000 | |
Domin Network | Multi Chain E-Commerce Platform | UNDISCLOSED | |
Halliday | InterOp Workflow Protocol | 20,000,000 | |
Mining | UNDISCLOSED | ||
DMND | First Stratum V2 Bitcoin mining pool | UNDISCLOSED | |
Privacy | 1,600,000 | ||
Stoffel MPC | A Full Stack Privacy-enhancing Multi-Party Computation | 1,600,000 | |
RWA | 4,000,000 | ||
Manifest | Institutional-grade tokenized U.S. real estate onchain | 2,500,000 | |
Oro | Gold tokenization | 1,500,000 | |
Plume | RWA Onchain L1 | UNDISCLOSED | |
Stablecoin | 2,600,000 | ||
Level | lvlUSD is a leading stablecoin with DeFi-native yield | 2,600,000 | |
Trading | 7,300,000 | ||
BetterX | Institutional Trading Platform | 2,300,000 | |
Hibachi | The first provable exchange secured by zk math | 5,000,000 | |
Wallet | 58,000,000 | ||
Coca Wallet | Seamless, secure, and accessible stablecoin payments wallet | UNDISCLOSED | |
Privy | A Wallet Infrastructure Platform | 40,000,000 | |
Utila | Institutional digital asset wallet operations platform | 18,000,000 | |
Web3 | 400,000,000 | ||
TON | Web3 ecosystem in Telegram | 400,000,000 | |
Stablecoin | 3,500,000 | ||
Stable Sea | Global stablecoin offramps for businesses | 3,500,000 | |
Grand Total | 753,850,000 |
Web3
Web3 projects secured $400 million, reflecting growing investment in decentralized applications and blockchain-powered ecosystems. This funding surge highlights the sector’s expansion into social platforms and mainstream adoption.
TON (The Open Network) led this category with $400 million to enhance its blockchain ecosystem within Telegram. The funds will be allocated toward improving decentralized payments, smart contracts, and digital asset management, fostering smooth blockchain integration for Telegram’s vast user base. TON’s growth signals increased mainstream adoption of Web3 technologies.
Data
The Data sector attracted $168 million, emphasizing the rising demand for decentralized storage and privacy-preserving solutions. Investors are focusing on scalable and programmable data infrastructure to support Web3’s development.
Walrus raised $140 million to build a decentralized programmable storage network on Sui, enhancing data availability and efficiency for blockchain applications. The platform aims to provide secure, scalable, and cost-effective storage solutions for decentralized ecosystems. By leveraging Sui’s infrastructure, Walrus seeks to improve data interoperability and accessibility across various blockchain networks. The funding will be used for network development, expanding partnerships, and optimizing storage capabilities. This investment reinforces the industry's focus on decentralized alternatives to traditional cloud storage.
VIA secured $28 million to develop a decentralized identity protection platform, allowing users to manage their data securely. The platform uses blockchain to provide self-sovereign identity solutions, reducing reliance on centralized data storage. VIA’s system ensures tamper-proof digital identities, offering enhanced privacy and security. The funding will support technology development, integrations, and compliance efforts. This investment highlights the increasing demand for decentralized identity verification and user-controlled data solutions.
Wallet
Wallet projects secured $58 million, reflecting a growing demand for secure and accessible digital asset management tools. As adoption expands, investors are backing wallet solutions that improve usability and security.
Privy led the Wallet category with $40 million to enhance wallet infrastructure, enabling developers to integrate blockchain-based identity management solutions. The platform simplifies user authentication, wallet creation, and secure data storage, making Web3 applications more accessible. The funding will support engineering expansion, security improvements, and broader industry partnerships. By offering privacy-preserving tools and developer-friendly APIs, Privy aims to bridge traditional and blockchain-based applications.
Utila raised $18 million to develop an institutional-grade digital asset management platform for financial institutions. The platform focuses on secure custody, compliance, and automation tools to facilitate large-scale crypto adoption. The funds will be used to enhance security, expand institutional partnerships, and refine asset management infrastructure. As institutional interest in digital assets grows, Utila aims to provide enterprise-ready solutions for secure and regulated operations.
Coca Wallet secured funding (amount undisclosed) for its stablecoin payments platform, designed to improve security, accessibility, and cross-border transactions. The platform enables users and businesses to send, receive, and store stablecoins efficiently. The funding will support platform development, regulatory compliance, and market expansion. With stablecoins playing an increasing role in global finance, Coca Wallet seeks to drive wider adoption of digital asset payments.
Conclusion
This week’s crypto funding highlighted strong investment trends across Web3, Data, and Wallet, with a total of $753.85 million raised across 28 projects. Web3 projects dominated with $400 million, underscoring the demand for blockchain-based platforms and integrations. Data projects secured $168 million, reflecting the focus on decentralized storage and computation, while Wallet solutions attracted $58 million, emphasizing the need for secure digital asset management. As these sectors continue to grow, investor confidence remains strong, reinforcing blockchain’s expanding role in financial and technological ecosystems.
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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