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Crypto VC Funding: DigiFT secures $11m, Irys bags $10m

Crypto VC Funding: DigiFT secures $11m, Irys bags $10m

Crypto.NewsCrypto.News2025/08/22 16:00
By:By Vignesh KarunanidhiEdited by Anna Akopian

The week of August 17-23, 2025, recorded $63.77 million in crypto funding across 13 projects, with DigiFT’s $11 million strategic round leading.

Summary
  • Crypto funding hit $63.7 million across 13 projects, down from $1.5 billion last week
  • DigiFT led with $11 million, as Irys and Block Earner raised $10 million and $8 million
  • Smaller rounds included DecentralGPT, Overtake, LO:TECH, and Legion

Multi-chain and cross-ecosystem projects dominated this week’s funding as per Crypto Fundraising data .

Here’s a detailed overview of this week’s crypto funding activity:

DigiFT

  • DigiFT raised $11 million in a Strategic round
  • Investors include SBI Holdings, Mirana Ventures, and Offchain Labs
  • DigiFT has raised a total of $21.5 million
  • The project is a regulated DeFi exchange

🚨 𝗗𝗶𝗴𝗶𝗙𝗧 𝗖𝗹𝗼𝘀𝗲𝘀 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗰 𝗥𝗼𝘂𝗻𝗱 𝘁𝗼 𝗦𝗰𝗮𝗹𝗲 𝗜𝗻𝘀𝘁𝗶𝘁𝘂𝘁𝗶𝗼𝗻𝗮𝗹-𝗚𝗿𝗮𝗱𝗲 𝗥𝗪𝗔 𝗜𝗻𝗳𝗿𝗮—led by 𝗦𝗕𝗜 𝗛𝗼𝗹𝗱𝗶𝗻𝗴𝘀, Japan's largest financial group!

This round—alongside @mirana , @OffchainLabs , @0xPolygon , Yunqi Partners, and tech… pic.twitter.com/gvlLF2ostk

— DigiFT (@DigiFTTech) August 21, 2025

Irys

  • Irys secured $10 million in a Series A round
  • The investment was backed by CoinFund, Hypersphere, and Tykhe Ventures
  • The datachain platform raised a total of $18.7 million

Block Earner

  • Raised $8 million in a Series A round
  • Fully diluted valuation of $75 million
  • Block Earner is a web3 fintech platform
  • Investors include Titan Fund and Haun Ventures
  • The project has raised a total of $14.4 million

Projects < $8 Million

  • Cointel raised $7.4 million in an unknown round
  • DecentralGPT bagged $7 million in an unknown round
  • Overtake took home $7 million in an unknown round
  • LO:TECH raised $5 million in a Seed round
  • Legion bagged $5 million in a Seed round
  • o1 exchange raised $4.2 million in an unknown round
  • LYS Labs raised $4 million in a Seed round
  • Capital B (ex The Blockchain Group) raised $2.57 million in an unknown round
  • Loop Crypto bagged $2 million in a Strategic round
  • Vanish raised $1 million in a pre-seed round

There is a notable drop in VC funding this week in comparison to last week’s nearly $1.5 billion. Read our last week’s coverage here .

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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