Crypto VC Funding Frenzy: Helio Acquired for $175M, Phantom Hits $3B, 15 Startups Raise $700M

As an analyst, I’m thrilled to share that the cryptocurrency venture capital sector announced a whopping $150 million Series C round just last week. This addition brings the total weekly investments in the sector to an impressive $700 million.

According to Crypto Fundraising data, payment systems, digital wallet structures, and financial offerings attracted the largest amounts of investment capital.

Let’s dive deeper into the key crypto VC funding efforts and which firms were involved.

Helio, $175 million

  • MoonPay acquired the startup for $175 million.
  • Helio, the decentralized finance (DeFi) platform, is backed by Pantera Capital; blockchain and gamification innovator Animoca Brands; DAO Maker, a platform for decentralized venture funding; and OKEx Ventures, the investment arm of one of the largest cryptocurrency exchanges.

🌞 EXCITING ANNOUNCEMENT! 🌞

Helio is teaming up with MoonPay, marked by the colors 🟠🟣!

In just three years, we’ve constructed a substantial foundation, processed over $1.5 billion in transactions and established ourselves as Solana’s preferred payment processor.

MoonPay stands out as an exceptional intermediary between traditional finance and DeFi, boasting a robust… infrastructure that complements our own strengths well. 🤝💼

— Helio (@helio_pay) January 13, 2025

Phantom, $150 million

  • Raised $150 million in Series C with $3 billion FDV.
  • Phantom is backed by Sequoia, Paradigm, and a16z crypto.
  • Building wallet solutions for Solana (SOL) ecosystem.
  • Phantom has raised $268 million so far.

We’re excited to announce that we’ve successfully secured a $150 million Series C round, with a valuation of $3 billion! This round was jointly led by Sequoia and Paradigm.

This significant achievement propels us forward in our endeavor to construct the largest and most reliable consumer finance platform globally.

— Phantom (@phantom) January 16, 2025

Alterya, $150 million

  • Alterya bagged an M&A deal worth $150 million
  • The firm was acquired by Chainlysis

Komainu, $75 million

  • Komainu secured $75 million in Series B funding
  • Blockstream backs the project.
  • Komainu is developing asset management solutions.

Today, we’re thrilled to share that we’ve successfully wrapped up our Series B funding round, securing a strategic investment of $75 million from Blockstream Capital Partners. You can find more details about this exciting news here: [link]

— Komainu (@KomainuCustody) January 16, 2025

Sygnum, $58 million

  • Secured $58 million in strategic funding with $1 billion valuation.
  • Filder Ventures is a backer, helping Sygnum raise $188 million in total.

🎉 Announcement: Sygnum successfully concludes a $58 million Strategic Growth Funding, surpassing the unicorn threshold with a valuation over $1 billion.

— Sygnum Bank (@sygnumofficial) January 14, 2025

1Money Network, $20 million

  • Raised $20 million in seed funding
  • F/Prime Capital, Galaxy, and Hack VC are among 1Money’s investors
  • 1Money Network is building L1 payment infrastructure

Litas, $20 million

  • Secured $20 million in private funding.
  • Backed by Rothman Management.
  • Lita is combining payment and wallet solutions and creating user-friendly financial tools.

Dfns, $16 million

  • Raised $16 million in Series A funding.
  • Backed by Further, Wintermute, and others.
  • The project is focusing on wallet infrastructure.

🥳 Great news! Today marks a significant milestone in our quest to establish the most secure and expansive wallet infrastructure for cryptocurrency finance.

We are thrilled to share that DFNS HQ has successfully secured $16 million in their Series A funding round! 🚀

The funding round was spearheaded by Further…

— Dfns (@dfnsHQ) January 14, 2025

Reown (ex WalletConnect), $13 million

  • Gathered $13 million in Series B funding.
  • Supported by Union Square Ventures, 1kx, and GDA Capital.
  • Reown is building API solutions for wallets.

Notable crypto VC funding rounds under $10 million

  • Merit Systems raised $10 million for software development
  • Synthr secured $10 million in an unknown round
  • GTE gathered $9.44 million in seed funding
  • Tapestry raised $5.75 million in Series A
  • EarnOS secured $5 million in seed funding
  • Hyve Labs raised $2.75 million in pre-seed funding
  • Brickken gathered $2.50 million in seed funding with $22.50 million FDV
  • Reppo secured $2.22 million in an unknown round
  • BeraTone and DePIN DAO each raised $2 million
  • Timeswap gathered $2 million through public sale with $20 million FDV
  • DeFi Agents AI and Mind AI each secured $1.20 million
  • MilkyWay raised $1 million through public sale
  • ChainAwareAi secured $50,000 through grants

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2025-01-18 14:20