Bain Capital, Apollo pile in as crypto companies raise $2.5bn in October – DL News

Weekly Raise

  • Total investment into crypto firms has already blown past $19 billion this year.
  • Polymarket’s $2 billion raise from the Intercontinental Exchange has topped the month.
  • A Dutch Bitcoin firm is turning Europeans to the treasury play.

Twenty-seven crypto companies raised over $2.5 billion in October, according to DefiLlama data.

That brings the total funding for crypto companies to over $19 billion so far in 2025, outpacing 2024’s total by over $9 billion.

And analysts say investment in the space is just heating up.

PitchBook predicted that the industry will raise $18 billion this year.

Investors from Galaxy Ventures and Codebase expect it to go even higher and that investors will plough over $25 billion into the industry in 2025.

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