Venture capital appetite for crypto startups is showing signs of resilience despite broader market turbulence. This week, at least 15 firms across different slices of the ecosystem secured fresh funding.
According to Crypto Fundraising data, the last week of May ended with $161.1 million in crypto funding activity. Twenty One, a new Bitcoin treasury company, raised a massive $100 million; Conduit Pay landed $36 million to expand its crypto-native banking services; and Donut, a newcomer focused on wielding artificial intelligence, secured $7 million in a pre-seed round.
The flurry of deals highlights investor conviction in crypto’s long-term potential, even as asset prices wobble. The investment rounds ranged from pre-seed to Series A stages. Here’s a complete breakdown of this week’s crypto funding developments.
We’ve raised $36 million in Series A funding to scale global stablecoin payments – a generational change in how money moves.The round was co-led by @dragonfly_xyz and @altosvc, with participation from @sound_ventures_, Commerce Ventures, @circle_ventures, @DCGco and existing… pic.twitter.com/UGQjRRqlsp
— Conduit (@ConduitPay) May 28, 2025
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