From March 22 to March 29, 2025, 23 projects in the cryptocurrency sector raised a total of $90.01 million in investments. The leaders in funding were the projects Rain, CoreSky, and Chronicle.
This is reported by Business • Media
Funding Leaders
Among the most successful projects, the following stand out:
- Rain: raised $24.5 million. This company issues debit and credit cards that allow payments in stablecoins. The Series A round was led by Norwest Venture Partners with participation from Galaxy Ventures, Goldcrest, Thayer, and Hard Yaka. The funds will be used to expand the team, develop new technologies, and obtain additional regulatory licenses.
- CoreSky: attracted $15 million. This platform, created for voting on meme coins to gauge public opinion at early stages, received funding in a Series A round led by Tido Capital.
- Chronicle: raised $12 million. This project specializes in tokenized assets and closed its seed round with participation from Strobe, Galaxy Digital, Robot Ventures, and Fenbushi Capital.
Additional Projects and Investments
Among other significant raises:
- $8 million was received by Warlock, which enhances the security of DeFi protocols.
- $5 million was raised by Fragmentic, a liquid restaking protocol.
- Many projects, such as Hibit and SpotZero, also received funding but did not disclose the investment amounts.
Funds’ attention was focused on the DeFi sector, blockchain services, and infrastructure.
Additionally, a number of projects, including Wecan, Miracle Play, and Request Finance, attracted investments to develop their technologies and expand their market presence. The funds raised will contribute to the further growth and development of the digital world’s infrastructure.