Cryptocurrency Projects Raise $214 Million in a Week: Top 3 Rounds

As Bitcoin reaches new all-time highs, venture financing is also gaining momentum. Over the past week, cryptocurrency projects have attracted $214 million.

According to DeFi Llama, the total amount of funds directed into the industry since the beginning of 2025 has reached $7.7 billion, an 87% increase compared to the same period in 2024.

Venture funds also hold a significant amount of undistributed capital. For instance, a16z crypto established its fourth fund of $4.5 billion back in 2022. The total amount of funds under management has reached $7.6 billion, with a substantial portion yet to be invested.

The market is further boosted by the easing of monetary policy by the Fed and support for the crypto sector from the administration of U.S. President Donald Trump.

The largest funding rounds of the week:

Worldcoin

The iris-scanning project founded by OpenAI CEO Sam Altman raised $135 million through the sale of WLD tokens to funds a16z and Bain Capital Crypto.

The funds will be used to develop the World ID digital identification system and expand into the U.S.

Slash

The fintech startup providing banking services to marketing agencies and crypto companies raised $41 million in a Series B round led by Goodwater Capital, reports Fortune.

The platform allows businesses to convert fiat into cryptocurrencies and manage digital assets.

Catena Labs

The a16z crypto fund led the seed round of the startup Catena Labs, raising $18 million. The project is backed by Circle co-founder Sam Neville. The platform is developing a bank for AI agents—algorithms that analyze data and execute trades without human intervention.

According to Neville, Catena Labs will use stablecoins but will not limit itself to them.

Analysts at PitchBook predict that by the end of the year, the industry could attract up to $18 billion—almost double the average annual figures of the previous two years.

Earlier, PitchBook data indicated that the volume of venture deals involving cryptocurrency startups in January-March amounted to $6 billion.