๐ฅ ๐๐ฟ๐๐ฝ๐๐ผ ๐ฉ๐ ๐๐ผ๐ผ๐บ ๐๐ ๐ฝ๐ฒ๐ฐ๐๐ฒ๐ฑ ๐ง๐ผ ๐๐ถ๐ $๐ญ๐ด๐ ๐๐ป ๐ฎ๐ฌ๐ฎ๐ฑ ๐ฅ
Animal spirits are back as crypto startups attract fresh VC money. Experts predict a wave of new funding as the bull market heats up.
โก VC Funding Surging in 2025
โ Total raised this year so far: $7.4 billion
โ Already 85% higher than 2024 levels (DefiLlama data)
โ PitchBook forecasts $18 billion VC inflows into crypto by end of 2025
โก Key Quote:
"Weโre in a bull market and, usually, you have a lot more activity in bull markets."
โ Utkarsh Ahuja, Moon Pursuit Capital
๐ Top Crypto Deals This Week
1๏ธโฃ Prpl โ $9 Million
โ Perpetual futures exchange Prpl raised $9M led by Dragonfly Capital
โ Other investors: Ergonia, Mirana, BHD, Hashkey, L1D, CMS, Breed
โ Built on Monad, aims to build transparent, efficient pricing engines
2๏ธโฃ KYD Labs โ $7 Million
โ Solana-based ticketing platform KYD Labs raised $7M
โ Led by a16z crypto, with Finality Capital, Ambush, Techstars
โ Empowers artists and venues to control ticketing, fan data, and profits
3๏ธโฃ Turtle Club โ $6.2 Million
โ Web3 distribution protocol Turtle Club raised $6.2M
โ Led by Theia, with Consensus, Laser Digital, L2 Iterative Ventures
โ Bridges off-chain rewards to on-chain, enabling transparent capital markets
๐ Expert Takeaway:
VC appetite is roaring back. With bullish market sentiment and institutional inflows, crypto startups are back in the spotlightโand $18B in funding is on the table for 2025.