In June 2025, 109 projects in the Web3 and blockchain sectors raised investments, with $2.87 billion going to 89 companies.
The top 5 projects in June by the amount of raised funds included the following:
$600 million — Lion Group. The Hong Kong fintech company announced the receipt of funds in a round of debt financing following an initial public offering (post-IPO). Investments from ATW Partners will be directed towards forming a treasury strategy based on assets Hyperliquid ($HYPE ), Solana ($SOL ), and Sui ($SUI ).
$425 million — SharpLink. The company received investments in a private funding round led by Consensys and involving several other counterparties and business angels. It will spend these funds to create an Ethereum reserve.
$250 million — BitMine. The platform providing businesses access to institutional-level Bitcoin mining announced the raising of funds through a sale of shares. The transaction was led by MOZAYYX with the participation of notable investors such as Founders Fund, Pantera, and others. Plans include using the raised investments to acquire Ethereum (ETH) as a primary reserve asset.
$220 million — Hut 8. The Bitcoin mining company announced a sale of shares in a post-IPO funding round aimed at accumulating Bitcoins and purchasing necessary equipment.
$176.5 million — Scalable Capital. The German startup raised €155 million in a funding round, the details of which are undisclosed, under the joint leadership of Sofina and Noteus Partners. Other investors included Balderton Capital, Tencent, and HV Capital. The funds will be used for scaling and launching new products.
