#CryptoFundraiser
Crypto VC Fundraising Resilient
Between June 15–21, 18 crypto projects raised a combined $159.5 million, mostly in infrastructure and AI-focused startups—despite a shaky market .
Stablecoin Infrastructure Boom
Plasma’s XPL token sale raised a massive $500 million, 10× its initial goal, signaling strong appetite for stablecoin-compatible chains .
UK Retail Bitcoin Trust Round
Vinanz exceeded its target by raising £3.58 million (vs. £1M goal) to grow its Bitcoin treasury strategy .
🗳️ Market Moves & Political Connections
Tron Goes Public via SRM Merger
Justin Sun's Tron is going public through a reverse merger with SRM Entertainment. The deal, valued at $210 million, coincides with a pause in the SEC's probe .
Trump Media’s Crypto Push
Trump Media & Technology Group filed to launch a Bitcoin–Ether ETF, aiming for 75% BTC and 25% ETH allocation, and looks to expand its "Bitcoin treasury" after a $2.5B fundraising plan .
Plus, DRW Investments has injected $100 million into TMTG crypto efforts, following a crypto-favorable regulatory shift