Cryptocurrency Live News & Updates : Crypto VC Funding Hits $709M with Major Raises
15 Jun 2025 | 02:45:11 AM IST
Cryptocurrency News & Live Updates
Synopsis
Crypto funding reached nearly $709 million from June 8-14, 2025, led by IREN’s $550 million private placement, while Hypernative secured $40 million in a Series B round.
The cryptocurrency sector has witnessed a significant surge in venture capital funding, totaling nearly $709 million during the week of June 8-14, 2025. A standout was IREN’s impressive $550 million convertible notes offering, which was oversubscribed and upsized from its initial target. Additionally, Hypernative raised $40 million in a Series B round, aimed at enhancing security for Web3 applications. Other startups like Yupp, Turnkey, and OneBalance also attracted substantial investments, showcasing…
