The crypto VC funding sector touted a $150 million Series C round this past week, bringing total weekly investments to over $700 million. Payment solutions, wallet infrastructure, and financial services drew the most capital, according to Crypto Fundraising data. Let’s dive deeper into the key crypto VC funding efforts and which firms were involved. Helio, $175 million MoonPay acquired the startup for $175 million. Helio, the decentralized finance (DeFi) platform, is backed by Pantera Capital; blockchain and gamification innovator Animoca Brands; DAO Maker, a platform for decentralized venture funding; and OKEx Ventures, the investment arm of one of the largest cryptocurrency exchanges. HUGE NEWS! Helio is joining forces with @moonpay 🟠🟣 In just 3 years, we’ve built a lot, powered $1.5B+ in transactions and became Solana’s go-to payment processor. MoonPay’s unmatched position as a bridge between traditional finance and DeFi, combined with their strong… pic.twitter.com/ljIjssrHz2 — Helio (@helio_pay) January 13, 2025 Phantom, $150 million Raised $150 million in Series C with $3 billion FDV. Phantom is backed by Sequoia, Paradigm, and a16z crypto. Building wallet solutions for Solana ( SOL ) ecosystem. Phantom has raised $268 million so far. We're thrilled to share we've raised a $150M Series C at a $3B valuation, co-led by @sequoia and @paradigm . This milestone accelerates our mission to build the world’s biggest and most-trusted consumer finance platform. pic.twitter.com/REIt4wqeGh — Phantom (@phantom) January 16, 2025 Alterya, $150 million Alterya bagged an M&A deal worth $150 million The firm was acquired by Chainlysis You might also like: XRP and SOL get new competition from this AI token Komainu, $75 million Komainu secured $75 million in Series B funding Blockstream backs the project. Komainu is developing asset management solutions. Today we announced the completion of our Series B fundraising with a $75 million strategic investment from @Blockstream Capital Partners. Read more here: https://t.co/loF7XOsLJc pic.twitter.com/IYCnH9l0ZD — Komainu (@KomainuCustody) January 16, 2025 Sygnum, $58 million Secured $58 million in strategic funding with $1 billion valuation. Filder Ventures is a backer, helping Sygnum raise $188 million in total. 📣 News: Sygnum Completes USD 58m Strategic Growth Round, Achieves Unicorn Status with 1bn valuation https://t.co/2bZnlcM6TW Sygnum announces it has raised a total of USD 58 million in its oversubscribed Strategic Growth Round, giving it a post-money valuation of more than 1… — Sygnum Bank (@sygnumofficial) January 14, 2025 1Money Network, $20 million Raised $20 million in seed funding F/Prime Capital, Galaxy, and Hack VC are among 1Money’s investors 1Money Network is building L1 payment infrastructure Litas, $20 million Secured $20 million in private funding. Backed by Rothman Management. Lita is combining payment and wallet solutions and creating user-friendly financial tools. Dfns, $16 million Raised $16 million in Series A funding. Backed by Further, Wintermute, and others. The project is focusing on wallet infrastructure. 🎉 Exciting news! 🎉 Today is a pivotal day in our journey to build the most secure and scalable wallet infrastructure for crypto finance. We’re delighted to announce that @dfnsHQ has successfully raised $16M in our Series A funding round! 🙌 This round was led by @further ,… pic.twitter.com/cbR8n0jhAC — Dfns (@dfnsHQ) January 14, 2025 Reown (ex WalletConnect), $13 million Gathered $13 million in Series B funding. Supported by Union Square Ventures, 1kx, and GDA Capital. Reown is building API solutions for wallets. Notable crypto VC funding rounds under $10 million Merit Systems raised $10 million for software development Synthr secured $10 million in an unknown round GTE gathered $9.44 million in seed funding Tapestry raised $5.75 million in Series A EarnOS secured $5 million in seed funding Hyve Labs raised $2.75 million in pre-seed funding Brickken gathered $2.50 million in seed funding with $22.50 million FDV Reppo secured $2.22 million in an unknown round BeraTone and DePIN DAO each raised $2 million Timeswap gathered $2 million through public sale with $20 million FDV DeFi Agents AI and Mind AI each secured $1.20 million MilkyWay raised $1 million through public sale ChainAwareAi secured $50,000 through grants You might also like: The bull market is in full swing but these 3 cryptos still look cheap
