🌎 Crypto Funding Hits $500 Million in Late February

Crypto Funding Rounds Reach Nearly $500 Million in Late February

The final week of February 2025 saw significant investments in the cryptocurrency space, with major funding rounds targeting DeFi infrastructure and asset management solutions. According to recent data, the total funding for the week reached nearly $500 million across multiple sectors.

Notable Funding Rounds

Several projects secured significant funding, including:

Figure: $200 million in an unknown round, backed by Sixth Street Partners, to build asset management and banking solutions. The project has raised $1.72 billion so far.
Ethena Labs: $100 million in private funding, backed by Franklin Templeton, Polychain Capital, and Pantera, to create DeFi solutions on Ethereum. The project received an additional $16 million in funding from MEXC Ventures in the same week.
Bitwise: $70 million in an unknown round, backed by Electric Capital, MassMutual Ventures, and MIT Investment Management, to build asset management solutions. The project has raised $87 million so far.
Raise: $63 million in strategic funding, backed by HAUN, Paper, and Selini, to create marketplace and payment solutions.
Aurum: $12 million in an unknown round with $100 million FDV, combining AI with asset management.
Orochi Network: $12 million in seed funding, backed by Presto, Smape, and Anti Capital, to build infrastructure with zero-knowledge technology.
Geodnet: $8 million in strategic funding, backed by Meld.cap and DACM, to create IoT data service infrastructure.