The week of August 17-23, 2025, recorded $63.77 million in crypto funding across 13 projects, with DigiFT’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 week’s funding as per Crypto Fundraising data. Here’s a detailed overview of this week’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 🚨 𝗗𝗶𝗴𝗶𝗙𝗧 𝗖𝗹𝗼𝘀𝗲𝘀 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗰 𝗥𝗼𝘂𝗻𝗱 𝘁𝗼 𝗦𝗰𝗮𝗹𝗲 𝗜𝗻𝘀𝘁𝗶𝘁𝘂𝘁𝗶𝗼𝗻𝗮𝗹-𝗚𝗿𝗮𝗱𝗲 𝗥𝗪𝗔 𝗜𝗻𝗳𝗿𝗮—led by 𝗦𝗕𝗜 𝗛𝗼𝗹𝗱𝗶𝗻𝗴𝘀, Japan's largest financial group!This round—alongside @mirana, @OffchainLabs, @0xPolygon, Yunqi Partners, and tech… pic.twitter.com/gvlLF2ostk — 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 You might also like: GoldenMining’s new mining contract simplifies daily crypto earnings 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 week’s nearly $1.5 billion. Read our last week’s coverage here. You might also like: Jerome Powell rate-cut hint jolts Ethereum price toward 2021 ATH territory