Crypto VC funding: Figure leads with $200m raise, Ethena Labs nabs $100m
The final week of February 2025 saw Figure secure $200 million for its asset management platform.
Crypto.news collected data from Crypto Fundraising and discovered that the week’s funding reached nearly $500 million across multiple sectors. There were major investments targeting DeFi infrastructure and asset management solutions; here they are:
Figure, $200 million
- Raised $200 million in an unknown round
- Backed by Sixth Street Partners
- Figure is building asset management and banking solutions
- The project has raised $1.72 billion so far
Ethena Labs, $100 million
- Secured $100 million in private funding
- Backed by Franklin Templeton, Polychain Capital, and Pantera
- It received an…