PANews, July 4th news. According to DL News, DefiLlama data shows that the total financing for cryptocurrency projects in the first half of 2025 reached $10.3 billion, exceeding the total scale for the entire year of 2024. Three iconic projects accounted for 22% of the total financing: 1. Stablecoin issuer Circle raised $1.1 billion through an IPO on the New York Stock Exchange, with the stock price soaring 500% after listing. 2. The TON Foundation, associated with Telegram, completed $400 million in Toncoin token financing in March. 3. The Trump-associated project World Liberty Financial completed a $300 million token launch on the presidential inauguration day in January, followed by four rounds of financing totaling $385 million. It is noteworthy that Hut 8, a Bitcoin mining company associated with the Trump family, raised $220 million during the same period to acquire mining machines; its co-founders include Eric Trump. Venture capital firms predict that the total industry financing for the year may exceed $25 billion.
