Crypto VC funding: Kalshi dominates with $185m, Bit Digital secures $150m
Crypto startups raised a hefty $739.5 million across 17 deals during the week of June 22–28, 2025, marking one of the sector’s strongest funding stretches in months, with infrastructure and institutional-focused projects leading the charge. Topping the list was Kalshi, a regulated prediction market exchange, which closed a $185 million Series C round at a $2 billion valuation. Bitcoin miner Bit Digital followed with $150 million, while institutional blockchain platform Canton Network and DeFi firm World Liberty Financial secured $135 million and $100 million, respectively. The week’s fundraising column, compiled with the help of Crypto Fundraising, highlights infrastructure and DeFi protocols, as well as renewed investor confidence in core blockchain services and institutional-grade products.
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