- Crypto projects secured $11 million this week.
- The industry is projected to secure $18 billion this year.
Three crypto projects raised $11 million in the last week of May, pushing the total amount raised in 2025 past the $7.7 billion mark.
That’s almost 89% more than what it raised during the same period last year and just short of the $9.6 billion raised throughout 2024.
The data, collected from DefiLlama, suggest that venture capitalists and other investors are on track to plough $18 billion into crypto startups this year, which is in line with PitchBook’s forecast.
US President Donald Trump’s pro-industry policies, and institutional adoption are seen as key drivers behind the boom.
Here are the top three biggest raises from this week.
Beam, $7 million
Beam secured a $7 million seed funding round this week. The company said it will use the money to expand its payment service and boost compliance.
“We’re now one step closer to connecting stablecoins natively to every instant payment rail in the world,” Dan Mottice, founder and CEO at Beam, said in a statement.
Castle Island Ventures led the raise. Archetype, Bankless Ventures, Verda Ventures and Arca were among other investors who participated in the round.
H100 Group, $2.2 million
H100 Group, a Swedish healthtech firm, raised $2.2 million this week to bolster its Bitcoin treasury as well as expanding its digital infrastructure service for health providers.
The raise took the form of a series of convertible loan agreements, the firm said. Blocktream CEO Adam Back led the raise. Other investors included Morten Klein, Alundo Invest AS, Race Venture Scandinavia AB, and Crafoord Capital Partners.
The news came as several companies buy Bitcoin to bolster their treasuries akin to Michael Saylor’s Strategy, formerly known as MicroStrategy.
Ducat, $1.5 million
Ducat secured $1.5 million to expand its Bitcoin borrowing service. The project said it has raised $4 million in total so far, according to the firm’s announcement.
Web3 and blockchain-technology focused investor Hivemind Capital Partners led the raise.
You’re reading the latest installment of The Weekly Raise, our column covering fundraising deals across the crypto and DeFi spaces, powered by DefiLlama.
Eric Johansson is DL News’ News Editor. Got a tip? Email at eric@dlnews.com.
