World and Meey Group were the leading companies in terms of funding received.
Investor attention was primarily focused on blockchain services and DeFi sectors.
Five projects did not disclose the amounts raised.
Between May 17 and May 24, a total of 20 projects secured $437.3 million in investments.
Over the past week, several blockchain and technology startups secured substantial funding across a variety of sectors:
-
$135M — World (formerly Worldcoin): A digital identity project focused on privacy protection, human identity verification, and inclusive financial systems. The funding came from a private token sale involving Andreessen Horowitz, Mirana Ventures, Selini Capital, Bain Capital Crypto, and Arctic Digital.
-
$80M — Meey Group: A tech company specializing in real estate solutions raised funding from GEM Investments. It offers real estate data and exchange platforms such as Meey Map, Meey CRM, and Meey Atlas, along with AR/VR visualization apps.
-
$57.8M — BTCS: A blockchain tech firm received post-IPO funding from ATW Partners and Charles Allen to purchase Ethereum tokens as part of its digital asset and validator node strategy.
-
$41M — Slash: A fintech platform offering banking services for businesses, including deposits, corporate cards, and payment processing. Funding was secured in a Series B round led by Goodwater Capital.
-
$32M — Hedra: An AI-powered video generation startup raised Series A funding led by Andreessen Horowitz, with additional support from a16z speedrun, Index Ventures, and Abstract Ventures.
-
$18M — Catena Labs: A Web3-focused company working on identity, communication, commerce, and AI projects. The seed round included investments from Coinbase Ventures, Andreessen Horowitz, Circle Ventures, Breyer Capital, and Tom Brady.
-
$17.9M — Roxom: A trading exchange offering stocks, commodities, and futures priced in bitcoin. The undisclosed funding round included Draper Associates, Borderless Capital, Kingsway Capital, and Ego Death Capital.
-
$11M — True Markets: A crypto exchange platform raised Series A funds led by Accomplice and RRE Ventures, with participation from Variant, Reciprocal Ventures, PayPal Ventures, Paxos, and Solana Foundation.
-
$9.7M — The Blockchain Group: A publicly traded firm listed on Euronext Growth Paris received post-IPO funding from Quadrille Capital and angel investor Yves Chouefati.
-
$6.2M — XP: A blockchain-based ticketing service on the Solana network raised seed funding from Blockchange Ventures, L1 Digital, and Reflexive Capital. It facilitates ticket resales for events.
-
$5.2M — TrendX: A marketplace that provides market intelligence and AI-driven trend detection. The strategic round included Animoca Brands and CREAM.
-
$5M — VOYA Games: A Web3 gaming company developing "Craft World," a dinosaur-themed civilization builder, secured funding from 1kx, Sebastien Borget, RockawayX, Jeffrey Zirlin, and Makers Fund.
-
$4.1M — Rover: A DeFi platform for liquid bitcoin staking on Botanix raised funds in an undisclosed round involving Animoca Brands, CMS Holdings, MH Ventures, and others.
-
$4M — ARAI: An AI tools provider integrating with decentralized platforms for real-time support and strategic guidance. The seed round featured HongShan, Animoca Brands, Folius Ventures, and more.
-
$3.2M — Tradoor: A decentralized exchange offering up to 400x leverage on BTC and ETH futures. The private token sale included Kenetic Capital, TON Ventures, and others.
-
$3.2M — Veda: A DeFi infrastructure project for optimizing yield across protocols raised funding from Draper Dragon, BitGo, and Marana Ventures.
-
$1.66M — Coinsilium Group: A venture firm supporting early-stage blockchain and token economy startups, received post-IPO debt financing.
-
$1.35M — DigiShares: A platform for tokenizing real-world assets like real estate, raised strategic funding from Valereum PLC.
-
$700K — Puffverse: A blockchain-based virtual world integrating gaming and social elements, including "PuffGo" and the PuffTown hub, secured funds through a public token sale.
-
$330K — Tao Strategies Singapore: A Bittensor infrastructure firm operating validator and mining nodes raised strategic funding from Tiger Royalties and Investments.
Additional notable rounds:
-
$400M — Kraken: The global crypto platform filed a Form D with the SEC for a securities offering exempt from registration.
-
$175M — Theta Capital: Closed a fund-of-funds round to invest in crypto-focused VCs like Polychain and Coinfund.
-
$4.08M — Secured Finance: A DeFi service provider for institutions filed a Form D with the SEC, with funding intended for P2P lending, derivatives, and smart contract-based collateral and clearing solutions.
Several other projects also secured funding, though the amounts were not disclosed.
Taker Protocol, a blockchain network utilizing the Nominated Proof-of-Liquidity (NPOL) consensus mechanism—which allows users to stake bitcoin-based liquidity tokens to earn yield and participate in network validation—raised strategic funding from 071labs.
Astar (formerly Plasm), a decentralized blockchain platform for Web3 that supports both EVM and WebAssembly environments with cross-compatibility, also secured strategic investment from Animoca Brands.
Impossible Cloud, a decentralized data storage solution provider valued at $470 million, received funding in an undisclosed round from NGP Capital.
Bitlayer, a Bitcoin Layer 2 solution offering compatibility with the Ethereum Virtual Machine (EVM) and its tooling—while using Bitcoin as the native token—secured strategic funding from MN Capital.
SuperSol, an infrastructure Layer 2 solution built on the Solana blockchain and designed to enhance scalability, reliability, and programmability for decentralized applications (dApps), secured funding from Ajna Capital in an undisclosed round.
Top 5 funds by number of investments in the period from May 17 to May 24, according to CryptoRank data:
Over the week, projects from the following segments attracted funding: blockchain services, DeFi, GameFi, CeFi, blockchain infrastructure, and NFT