In May 2025, Web3 and blockchain projects demonstrated significant activity in the investment market. A total of 89 startups received funding, with 68 companies attracting over $757.3 million. The largest volume of investment was received by the World project, focused on digital identity, founded by Sam Altman, CEO of OpenAI. It raised $135 million in a private token sale, which included participation from venture funds Andreessen Horowitz, Mirana Ventures, Selini Capital, Bain Capital Crypto, and Arctic Digital.
This is reported by Business • Media
Top Deals of the Month in Web3 and Blockchain
- World — $135 million. A digital identity project built on privacy protection and human identity verification, as well as the development of an inclusive financial network.
- Meey Group — $80 million. A technology company implementing innovative solutions for the real estate market, including platforms for searching, sharing information, and visualizing properties using 3D, AR, and VR.
- BTCS — $57.8 million. A company working with blockchain technologies raised funds after its IPO to purchase Ethereum tokens and develop validator nodes.
- Slash — $41 million. A fintech platform for businesses offering banking services, corporate cards, and payment processing secured significant capital in a Series B round.
- Conduit — $36 million. A platform specializing in cross-border payments based on stablecoins closed its Series A with participation from leading investors.
Some companies, including Boop.Fun, Tea-Fi, AppLayer Labs, BVNK, Securitize, Redacted, Stablecorp, APX Lending, SpaceComputer, Squads, UXLINK, Taker Protocol, Astar, Impossible Cloud, Bitlayer, SuperSol, Avalon Labs, and Maelstrom Fund, did not disclose details about their funding amounts.
Investments in Artificial Intelligence
In May, five of the largest funding rounds in the artificial intelligence sector were recorded, totaling $2.5 billion. Among the leaders were Grammarly ($1 billion), Anysphere ($900 million), Pathos ($365 million), Snorkel AI, and LMArena (each with $100 million). The funds are directed towards scaling businesses, developing innovations, testing medical drugs, and improving artificial intelligence tools.
“The largest volume of known investments during fundraising was raised by counterparties from May 17 to 24 — over $437 million. This period accounted for four out of the five top rounds of the month. Investors focused on the blockchain services sector and infrastructure solutions”.
Weekly Dynamics and Investor Activity
In the first decade of May (May 1–10), 19 projects announced investments, of which 14 received over $131 million. In the following week (May 10–17), 17 companies attracted $59.75 million, and from May 17 to 24, 20 projects received $437.3 million. By the end of the month, from May 24 to 31, 25 companies raised $128.8 million, while two others did not disclose the amounts of their deals.
Among the most active investors in May were Alliance DAO, Selini Capital, and Arbitrum Gaming Ventures. Alliance DAO made six investments, while Selini Capital and Arbitrum Gaming Ventures each made five. Throughout the month, funding was attracted by projects from various sectors: DeFi, CeFi, GameFi, blockchain services, and infrastructure solutions.
Five projects also received funding on the last day of May, including Alph AI and Neutral Trade (each with $2 million), Revolving Games, Winks.Fun, and the L2 solution Reddio. The new investments contribute to the expansion of the digital asset ecosystem and the implementation of Web3 in social platforms.
Compared to the previous month, the dynamics remain high: in April, 64 projects attracted $1.75 billion in investments. Interest in Web3, blockchain, and artificial intelligence from investors is expected to continue going forward.