The third week of March 2025 brought a major crypto exchange expansion as Kraken completed its $1.5 billion acquisition of NinjaTrader. Meanwhile, MoonPay secured $200 million for its payment infrastructure. According to Crypto Fundraising , the week’s funding reached over $2 billion. The week’s funding has seen a jump toward trading tools, storage solutions, and payment infrastructure. You might also like: Ethereum whales buy the dip, accumulate $236m ETH in 72 hours NinjaTrader, $1.5 billion Acquired by Kraken for $1.50 billion. The M&A deal will expand Kraken’s trading analytics capabilities. Building finance and trading infrastructure. Developing analytical trading tools. https://twitter.com/krakenfx/status/1902677547730772476 MoonPay, $200 million Moonpay received a $200 million revolving credit line from Galaxy, a crypto-focused financial services firm. The company, which focuses on building payment and trading solutions, has raised a total of $1.16 billion so far. Galaxy is proud to support @moonpay with a $200M revolving credit line to help drive growth and expand access to digital assets. As @novogratz says: “Initiatives like this are key to the continued expansion and maturity of the industry, and we look forward to our ongoing… https://t.co/98tGHgliLF — Galaxy (@galaxyhq) March 20, 2025 Walrus, $140 million Walrus secured $140 million in an unknown round with $2 billion FDV. The investment was backed by Standard Crypto, a16z crypto and Electric Capital. Walrus is building storage solutions on the Sui ( SUI ) ecosystem. https://twitter.com/WalrusProtocol/status/1902726276953104673 VIA, $28 million VIA raised $28 million in Series B funding. The investment was backed by Bosch Ventures, BMW i Ventures, and MassMutual Ventures. The project has raised $45.15 million so far. https://twitter.com/solvewithvia/status/1902000790350246111 Crossmint, $23.6 million Crossmint, an NFT payment infrastructure builder, secured $23.6 million in Series A funding The investment was backed by Ribbit Capital, Franklin Templeton, and Nyca Excited to announce our $23.6M fundraise, led by Ribbit Capital—to bring every business and AI agent onchain. pic.twitter.com/CDukWnBpSy — Crossmint (@crossmint) March 18, 2025 Halliday, $20 million Halliday raised $20 million in Series A funding. Its backers include Andreessen Horowitz’s a16z crypto, Ron Conway’s SVA Angel and Blizzard. The company, which is creating gaming payment infrastructure, has raised $26 million so far. 1/ Today, we are thrilled to announce our $20M Series A, led by @a16zcrypto , with participation from @svangel , @CrediblyNeutral , and @BlizzardFund . This funding fuels the development of our Workflow Protocol, so developers never need to write a smart contract again. pic.twitter.com/UfbvZWHdov — Halliday (@HallidayHQ) March 18, 2025 Utila, $18 million Utila secured $18 million in Series A funding. The company is backed by Nyca Partners, Wing Venture Capital and NFX. Utila is building multichain security wallet; It has raised $29.5 million so far. https://twitter.com/utila_io/status/1902342852983627915 SlingShot DAO, $16 million SlingShot DAO has raised $16 million in an unknown round. Dragonfly, Animoca Brands, and DCG participated in the effort. The project has raised $19 million so far. https://twitter.com/SlingshotDAO/status/1901385136664392175 Privy, $15 million Privy secured $15 million in an unknown round The investment was backed by Ribbit Capital, Sequoia, and Paradigm The startup has raised $33 million so far. Privy raises $15M in a round led by Ribbit Capital. Participants include Sequoia, Paradigm, Blue Yard, and Coinbase. Sequoia and Blue Yard previously led the Seed round, Paradigm led the Series A, and Coinbase made a strategic investment in mid-2024. https://t.co/tbaJyDUqla pic.twitter.com/JzE3KlWoqB — Messari (@MessariCrypto) March 19, 2025 Notable crypto VC funding rounds Ephyra, $10.5 million for AI gaming on P2E Yeet, $7.75 million for P2E gaming on Berachain Pluralis Research, $7.60 million for AI infrastructure Uranium Digital, $6.10 million for real-world assets on Solana ( SOL ) ABEX, $6 million for financial asset management Soluna, Opinion Labs, and Hibachi each raised $5 million Stable Sea, $3.5 million for stablecoin payments Redacted, $3.01 million with $70 million FDV for entertainment Level Protocol, $2.6 million for stablecoin solutions Manifest Finance, $2.5 million for real-world assets Stoffel MPC, $1.6 million for privacy infrastructure Oro, $1.5 million for Solana real-world assets Kamigotchi, $1.3 million for P2E gaming Bedrock, $1.25 million with $25 million FDV for DeFi staking NeuronX, $1 million for AI lending solutions Read more: Coinbase in ‘advanced’ talks to acquire Deribit: report
