Weekly Funding Roundup | 7 Projects Secured Funding, Total Amount Reaches $332 Million (Jan 5 - Jan 11)
According to incomplete statistics from Odaily, between January 5 and January 11, 2025, seven blockchain-related funding rounds were disclosed globally, raising a total of $332 million. This marks a significant increase compared to the previous week.
The largest single funding round was secured by stablecoin company Rain, which raised $250 million at a $1.95 billion valuation, led by ICONIQ. AI data exchange platform Protege followed with a $30 million Series A round led by a16z. Other notable raises include a $30 million strategic investment for Web3 gaming platform RuneSoul, a $15 million round for Bitcoin protocol Babylon with participation from a16z Crypto, and a funding round of over $10 million for RWA infrastructure provider TBook. Additionally, HabitTrade raised nearly $10 million for its regulated brokerage infrastructure, KOLECT raised $1.2 million in a pre-seed round, and digital payment infrastructure PhotonPay raised tens of millions in a Series B round.
The funds are primarily allocated for global expansion, platform development, regulatory compliance, and advancing blockchain-based financial infrastructure.
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