Citadel Securities fuels Kraken as crypto firms pull $253m this week – DL News
- Seven crypto firms raised $253 million in the third week of November.
- Citadel Securities, Coinbase Ventures, and Tether were among this week’s investors.
- Total 2025 funding now sits at over $23 billion.
Venture capitalists have funnelled $23 billion into crypto companies so far in 2025, despite the $1.4 trillion November meltdown.
Indeed, the latest market freefall is making investors more selective rather than fearful, Shane Molidor, founder of crypto advisory firm Forgd, told DL News.
“The recent market downturn is likely to smother ongoing fundraising efforts for all but the highest quality companies,” Molidor said. “Cheque sizes are smaller and investors are performing stringent due diligence.”
But top operators are seemingly…
