Venture capital appetite for crypto startups is showing signs of resilience despite broader market turbulence. This week, at least 15 firms across different slices of the ecosystem secured fresh funding. According to Crypto Fundraising data , the last week of May ended with $161.1 million in crypto funding activity. Twenty One, a new Bitcoin treasury company, raised a massive $100 million; Conduit Pay landed $36 million to expand its crypto-native banking services; and Donut, a newcomer focused on wielding artificial intelligence, secured $7 million in a pre-seed round. The flurry of deals highlights investor conviction in crypto’s long-term potential, even as asset prices wobble. The investment rounds ranged from pre-seed to Series A stages. Here’s a complete breakdown of this week’s crypto funding developments. You might also like: Tornado Cash developer case: Judge declines to order DOJ review Twenty One, $100 million Raised $100 million in an Unknown round Twenty One is focused on improving Bitcoin ( BTC ) adoption Conduit Pay, $36 million Conduit Pay secured $36 million in a Series A round The investment was backed by Dragonfly, Ribbit Capital, and Sound Ventures We’ve raised $36 million in Series A funding to scale global stablecoin payments – a generational change in how money moves. The round was co-led by @dragonfly_xyz and @altosvc , with participation from @sound_ventures_ , Commerce Ventures, @circle_ventures , @DCGco and existing… pic.twitter.com/UGQjRRqlsp — Conduit (@ConduitPay) May 28, 2025 Donut Labs, $7 million Donut raised $7 million in a pre-seed round to build an AI-powered crypto browser. Donut’s investors include BitKraft, Hack VC, and HongShan Beam Cash, $7 million Beam Cash gathered $7 million in an Unknown round The investment was backed by Castle Island Ventures, Archetype, and Bankless Ventures The project has raised $14 million so far Cooking City, $7 million Cooking City raised $7 million in an Unknown round Investors include Jump Capital, CMT Digital, and Mirana Ventures You might also like: XRP price approaching critical support: a technical analysis deep dive Projects Rumi, $4.7 million in pre-seed funding Oncade, $4 million in an Unknown round Naoris Protocol, $3 million strategic investment Asigna, $3 million in a seed round Assisterr AI, $2.8 million in an unknown round with $75 million fully diluted valuation Dexari, $2.3 million in a seed funding round H100 Group, $2.2 million in an unknown round BlockSpaces, $2 million backed by Axiom, Sand Harbor Capital Ducat, $1.5 million in a public sale EGO, $800,000 in a pre-seed round Read more: Pullback or power-up? Bitcoin dips as demand roars on
