The crypto sector just had its best funding week in months, with startups raising $739.5 million across 17 deals from June 22–28. Infrastructure and institutional-focused projects dominated, signaling renewed investor confidence in blockchain’s core technologies.
Top Fundraises of the Week
💰 Kalshi – $185M Series C ($2B valuation)
I’m excited to announce our $185M Series C valuing Kalshi at $2B.
The round was led by Paradigm with participation from Sequoia, Multicoin, Peng Zhao, Neo, and Bond Capital.
People choose to work at Kalshi not because of the money we've raised, but because of our ambition:… pic.twitter.com/OGgZSwOPvj
⚡ Bit Digital – $150M (Bitcoin mining) 🔗 Canton Network – $135M (Institutional blockchain) 💸 World Liberty Financial – $100M (DeFi)
Why This Funding Boom Matters
âś… Institutional focus: Big-money projects led the charge âś… Infrastructure emphasis: Core blockchain services back in favor âś… Market confidence: Largest weekly haul in recent months
