According to a report released by Gate Research Institute titled (Comprehensive Interpretation of Web3 Financing in June 2025), a total of 119 financing rounds were completed in June, amounting to as much as 5.14 billion USD, setting a new monthly record for 2025, with a strong rebound in capital inflows. This round of growth is driven by both institutionalization and scaling, with funds highly concentrated in compliant financial services, the expansion of public companies, and deep integration with traditional finance. Among them, the CeFi sector leads with 3.3 billion USD, nearly three times the total of other sectors, mainly due to the activity of large mergers and IPO follow-up financing, indicating that Web3 and traditional finance are accelerating integration.
From the perspective of financing scale, medium-sized projects (3–10 million USD) are the most active, accounting for 37.8%; at the same time, large financing projects (single amounts over 50 million USD) also account for 16.7%, significantly boosting the overall scale. In terms of round distribution, the strategic round is the most active, also accounting for 37.8%; the mid to late stages (Series A/B/C) and strategic rounds together attract over 80% of capital, indicating that capital favors mature projects with clear business models and defined growth paths.
In addition, the Gate Research Institute released two major reports during the same period: (Analyzing the Binary Relationship Between Public Companies and Cryptocurrencies) explores the roles played by public companies and cryptocurrencies in the ecosystem; (Market Biweekly Report (June 24 to July 7, 2025)) shows that BTC is consolidating at a high level, BONK has risen over 56%, and the small and mid-cap rotation market is heating up.