Weekly Wrap: Crypto Funding - March 29, 2025

April 1, 2025

Here’s your Weekly Wrap of all things crypto funding, ending March 29, 2025

This week’s crypto funding landscape saw $199.25 million raised across key sectors, with DeFi ($122.35M), Wallet ($24.5M), and Meme ($15M) leading the way. DeFi funding focused on liquid restaking, MEV strategies, and capital efficiency, with Maven 11 securing $107M. Wallet investments highlighted demand for blockchain-based card issuance and stablecoin interoperability, led by Rain ($24.5M). Meme projects attracted $15M, with Coresky spearheading the sector. AI, FinTech, and Gaming also saw investment activity, contributing to the evolving Web3 ecosystem.

Below is a summary of projects receiving funding this week:

Category	Organization Name	Project Description	Money Raised this Round
AI			13,400,000
	Capx AI	Ethereum L2 for AI Agents	13,400,000
DeFi			122,350,000
	Fragmetric	Liquid (Re)staking on Solana	5,000,000
	KiloEx	Perpetual DEX focused on risk management and capital efficiency	750,000
	Magpie Protocol	Swap Execution Engine	1,600,000
	Maven 11	Crypto Vc	107,000,000
	Warlock	Omni-chain MEV liquidation engine	8,000,000
FinTech			2,500,000
	DeCharge	Solana-powered decentralized EV charging	2,500,000
Gaming			7,500,000
	Immortal Rising 2	Fantasy RPG game	3,000,000
	Tarta Labs	Anime IP ecosystem for 3D Adventure ARPG Spot Zero	4,500,000
Infrastructure			14,000,000
	Arcium	Parallelized confidential computing network	1,000,000
	Chronicle Protocol	Verifiable & Decentralized Oracles	12,000,000
	Skate	Enables users to interact with applications from any VM	1,000,000
Meme			15,000,000
	Coresky	Meme Launch Incubation Platform	15,000,000
Wallet			24,500,000
	Rain	Blockchain-based card issuing and stablecoin interoperability platform	24,500,000
Grand Total			199,250,000

DeFi

DeFi projects raised $122.35 million, highlighting continued investment in decentralized financial solutions and risk management protocols.

• Maven 11 led the sector with a $107 million raise, reinforcing its position as a key player in crypto venture capital. The firm focuses on supporting blockchain-based financial infrastructure and innovative DeFi protocols. With this funding, Maven 11 aims to expand its investment portfolio, backing projects that enhance DeFi scalability, security, and user accessibility.
  

• Fragmetric secured $5 million to enhance liquid (re)staking on Solana, enabling users to maximize staking yields while maintaining liquidity. The platform allows stakers to unlock capital efficiency by using their staked assets across various DeFi applications. This approach contributes to a more flexible and yield-generating staking ecosystem, addressing liquidity constraints in traditional staking models.
  

• Warlock raised $8 million to develop an omni-chain MEV liquidation engine, optimizing liquidation processes across multiple blockchain networks to improve capital efficiency and arbitrage opportunities. By leveraging MEV strategies, the engine enhances liquidation speed and efficiency, reducing losses for traders and liquidity providers. Warlock aims to create a more stable and efficient DeFi environment by mitigating risks associated with liquidations and slippage.
  

• Magpie Protocol secured $1.6 million to develop its swap execution engine, designed to facilitate cross-chain token swaps with high efficiency. The protocol focuses on enhancing interoperability between different blockchain networks, ensuring seamless and cost-effective trading experiences. Magpie Protocol seeks to provide a more user-friendly DeFi experience by reducing slippage and transaction costs in decentralized exchanges.
  

• KiloEx raised $750,000 to build a perpetual DEX focused on risk management and capital efficiency. The platform aims to offer traders advanced tools for hedging and leveraging positions while minimizing exposure to market volatility. With an emphasis on sustainability and robust risk controls, KiloEx is positioned to cater to both institutional and retail traders in the DeFi space.

Wallet

Wallet projects secured $24.5 million, reflecting strong interest in blockchain-based payment solutions and stablecoin interoperability.

• Rain led the sector with its $24.5 million raise, focusing on blockchain-based card issuing and expanding stablecoin interoperability. The platform enables users to seamlessly convert and spend digital assets through a payment network that integrates with major financial services. With its focus on regulatory compliance and financial accessibility, Rain aims to bridge the gap between traditional banking and blockchain-based payments.

  
  

Meme

Meme projects raised $15 million, reflecting growing investor interest in community-driven and viral blockchain initiatives.

• Coresky secured $15 million to develop a meme launch incubation platform, providing infrastructure and support for meme token projects and NFT-driven communities. The platform aims to streamline token launches, enhance market accessibility, and create engagement-driven ecosystems for viral content. By integrating tokenomics, NFT utilities, and decentralized governance, Coresky seeks to empower creators and investors in the evolving meme economy.
  

Conclusion

The Web3 investment landscape continues to expand, with DeFi attracting the largest share of funding, led by Maven 11 ($107M) and growing interest in MEV strategies and liquid restaking. Wallet solutions saw significant backing, with Rain ($24.5M) focusing on blockchain-based card issuance and stablecoin interoperability. Meme projects also gained traction, with Coresky ($15M) driving investment in community-driven crypto initiatives. Meanwhile, AI ($13.4M), Gaming ($7.5M), and FinTech ($2.5M) rounds reflect ongoing diversification across the Web3 ecosystem.

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.