Crypto Funding Frenzy: $200M Raise That Will Make You Question Your Life Choices!

So, picture this: it’s the last week of February 2025, and Figure just decided to throw a wild party with a cool $200 million for their asset management platform. Who needs a birthday cake when you can have crypto cash instead, am I right? 🎉

According to Crypto.news (who’s like the gossip queen of the blockchain world), nearly $500 million was raised across the board this week. Serious money flowing into DeFi and asset management solutions—looks like everyone’s joining the crypto revolution! Here are the major players:

Figure, $200 million

Raised a jaw-dropping $200 million in what they’re calling an “unknown round.” Sounds all mysterious, doesn’t it?
Backed by Sixth Street Partners—no, they don’t play Monopoly in their spare time.
Figure is on a quest to build banking solutions that won’t give you a headache.
In total, they’ve made it rain a staggering $1.72 billion. Who said money can’t buy happiness?

Ethena Labs, $100 million

Secured a fab $100 million in a private funding séance that clearly worked.
Backed by Franklin Templeton, Polychain Capital, and Pantera. If they were a band, they’d be selling out stadiums left and right.
Oh, and they snagged an extra $16 million from MEXC Ventures in the same week. Just casually raking it in!
Ethena Labs is on a mission to conjure DeFi solutions on Ethereum. No magic wands included!
In total, they’ve raised over $136.5 million. What’s next, a yacht party?

Bitwise, $70 million

Bitwise pulled in a nifty $70 million in yet another “unknown round.” This is starting to sound a bit like a secret club.
Backed by Electric Capital, MassMutual Ventures, and MIT Investment Management. Smart cookies, aren’t they?
Bitwise aims to solve the puzzle of asset management. Spoiler alert: it includes algorithms, not ancient scrolls.
They’ve raised a total of $87 million. Not too shabby!

“Today we’re excited to announce… Bitwise is now officially in the $70 million club! 🎉”
“Investors include: Electric Capital, MassMutual, and MIT. Trust us, it’s a big deal.”

Raise, $63 million

Raise did a little fundraising tango and secured $63 million.
Backed by the power trio of HAUN, Paper, and Selini. Sounds like a decadent dessert line!
They’re all about creating marketplace and payment solutions. Because who doesn’t love shopping?

Thanks, @InvestorHangout for the assist! 😇

Aurum, $12 million

Aurum snatched $12 million in a round that’s just hiding in plain sight.
This brainy project is mixing AI with asset management like it’s a trendy cocktail.

Orochi Network, $12 million

Say hello to Orochi Network, which just pulled $12 million in seed funding. 🌱
Backed by Presto, Smape, and Anti Capital—sounds like they’re ready to conquer the world.
This team is busy building zero-knowledge tech infrastructure. I mean, sounds rather top-secret, doesn’t it?

🐉 “Orochi Network just raised $12M and is ready to unleash some serious data magic.”

Geodnet, $8 million

Geodnet just scored $8 million in strategic funding. Like playing chess in the crypto world!
Backed by Meld.cap and DACM, they’re building IoT data service infrastructure. Sounds fancy!

Notable crypto VC funding rounds under $8 million

Mavryk Network raised $5.20 million. That’s right, L1 real-world assets are in.
Imua nabbed $5 million for AI security on L1. Because, let’s face it, we all need some security!
Shaga brought in $4 million for Solana gaming. Let the games begin!
Finisterra Labs pulled $3.75 million for data analytics. They’re basically the number crunchers of the future.
Memes Lab, FanTV, and Byzantine Finance all raised $3 million. Memes, in a financial context? Who says money can’t be fun?
Endless and EthicHub each got $1 million—because every penny counts in this wild ride.

2025-03-01 15:47