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

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The week of August 17-23, 2025, recorded $63.77 million in crypto funding across 13 projects, with DigiFTโ€™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 weekโ€™s funding as per Crypto Fundraising data.

Hereโ€™s a detailed overview of this weekโ€™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

๐Ÿšจ ๐——๐—ถ๐—ด๐—ถ๐—™๐—ง ๐—–๐—น๐—ผ๐˜€๐—ฒ๐˜€ ๐—ฆ๐˜๐—ฟ๐—ฎ๐˜๐—ฒ๐—ด๐—ถ๐—ฐ ๐—ฅ๐—ผ๐˜‚๐—ป๐—ฑ ๐˜๐—ผ ๐—ฆ๐—ฐ๐—ฎ๐—น๐—ฒ ๐—œ๐—ป๐˜€๐˜๐—ถ๐˜๐˜‚๐˜๐—ถ๐—ผ๐—ป๐—ฎ๐—น-๐—š๐—ฟ๐—ฎ๐—ฑ๐—ฒ ๐—ฅ๐—ช๐—” ๐—œ๐—ป๐—ณ๐—ฟ๐—ฎโ€”led by ๐—ฆ๐—•๐—œ ๐—›๐—ผ๐—น๐—ฑ๐—ถ๐—ป๐—ด๐˜€, Japan’s largest financial group!

This roundโ€”alongside @mirana, @OffchainLabs, @0xPolygon, Yunqi Partners, and techโ€ฆ pic.twitter.com/gvlLF2ostk

โ€” 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

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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 weekโ€™s nearly $1.5 billion. Read our last weekโ€™s coverage here.

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