Wintermute, YZi Labs pile in as crypto startups snag $100m this week – DL News
- This week saw raises for infrastructure and banking projects.
- Investors expect $25 billion in fundraising this year.
Eleven crypto companies raised $99.6 million this week, according to DefiLlama data.
That brings the total funding for crypto companies to nearly $22 billion so far in 2025, far outpacing 2024’s total by over $11 billion.
Investors from Galaxy Ventures and Codebase expect it to go even higher, with investors expected to plough over $25 billion into the industry in 2025.
Despite the October deleveraging, the crypto fundraising environment remains stable, according to Mike Giampapa, General Partner of Galaxy Ventures.
Giampapa told DL News that while the crash broke records for the dollar amount leveraged traders lost, the…
