From October 18 to 25, 2025, the crypto industry saw 36 investment deals, of which 29 disclosed financial details. The total amount raised reached $728.6 million, including corporate deals, venture funding, and token sales. The most significant event of the week was the merger of the investment platform Echo with the cryptocurrency exchange Coinbase, valued at $375 million.
This is reported by Business • Media
Venture Funding and Investment Rounds
The key beneficiary of venture funding was the neobank Pave Bank, which raised $39 million with support from Accel, Tether Investments, and other market participants. Notable rounds also included projects like Sign Protocol ($25.5 million), BitcoinOS ($10 million), Bluwhale ($10 million), Limitless Labs ($10 million), StraitsX ($10 million), Cybrid ($10 million), and Natural ($9.8 million). Investor funds are directed towards the development of products in the fields of digital assets, payment solutions, infrastructure for stablecoins, AI networks, DePIN, Web3, and decentralized financial services.
Among other projects that received significant funding were Nubila Network ($8 million), pieverse ($7 million), METYA ($6 million), Turtle ($5.5 million), TBook ($5 million), Open Campus ($5 million), Tesser ($4.5 million), Printr ($2 million), Technotainment ($2 million), ONE ($1.2 million), Aureo ($1.1 million), Entry ($1 million), and bitsCrunch ($500,000). Some startups did not disclose investment details.
Particularly noteworthy is Tether’s investment in the African startup Kotani Pay, which focuses on simplifying financial transactions between the traditional system and Web3. Additionally, the decentralized oracle network APRO secured strategic funding along with expert support from YZi Labs and several investors.
“From October 18 to 25, 36 projects reported investments in one form or another.”
Token Sales and Public Offerings
Significant investor interest was directed towards token sales. For instance, Lit Protocol successfully closed a pre-TGE round at $17.7 million, involving institutional investors and the community. Demand for token launch tools was also confirmed by Rayls ($1.75 million), dm.fun ($9.9 million), and the Solana-based project Loyal ($2.5 million). The funds will be allocated to further technology development, integration of new features, and enhancing user interaction security with AI.
Corporate Deals, M&A, and Major Acquisitions
In the corporate placement sector, Greenlane Holdings raised $110 million through a private placement aimed at forming a corporate treasury based on the Berachain token. The fintech company afinyo secured 3 million euros to purchase bitcoins, aiming to become the first bitcoin treasury in Germany.
The largest deal of the week was Coinbase’s acquisition of Echo for $375 million, highlighting the expansion of infrastructure for on-chain financing. Significant mergers also occurred: Pier Two acquired Blockport (a Solana validator), FalconX announced its intention to acquire 21Shares, and Modern Treasury absorbed the startup beam, valued at $40 million. Additionally, Fireblocks acquired Dynamic to develop integrated solutions for crypto wallets, and Clanker integrated with Farcaster. Aava Labs strengthened its position through the acquisition of Stable Finance.
Trends of the Week and Investor Activity
Over the past week, the most active players in the market included Flowdesk, YZi Labs, Animoca Brands, UOB Venture, and FalconX. Funding was received by projects in blockchain services, infrastructure, CeFi, DeFi, and decentralized applications. The previous week also saw a high volume of raised funds — over $2.2 billion.
These results indicate a growing trust among investors in innovative solutions within the crypto sphere and an increase in strategic deals among key industry players.