The crypto funding sector saw major activity from May 18-24, with total investments reaching $307.5 million, led by World’s $135 million raise.
This week’s funding mainly focused on Finance and banking-focused ventures and payment and financial services sectors. Here’s an overview of the week’s crypto funding activity as per Crypto Fundraising data:
World Foundation
- Raised $135 million from a16z crypto, Bain Capital Crypto, and Selini
- World (WLD) has raised $375 million so far
- According to the announcement on May 21, the funds will be used to expand its iris-based identity network, World ID.
World Foundation raised $135M from @a16z and @BainCapCrypto to accelerate scaling the real human network.
Funding was through a recent direct purchase of liquid, market-priced $WLD.
— World (@worldcoin) May 21, 2025
Slash
- Slash scored $41 million in a Series B round
- The project has a fully diluted valuation of $370 million
- Goodwater backed the investment
- Slash has raised $60 million so far
We just raised $41M at a $370M valuation to kill the one-size-fits-all business bank.
Slash is rebuilding banking, one industry at a time — tailor-made for affiliates, crypto companies, contractors, and more.
We’re just getting started. pic.twitter.com/MLbIbQcewx
— Slash (@slashapp) May 20, 2025
Catena Labs
- Catena Labs secured $18 million in a Seed round
- The investment was backed by a16z crypto, Breyer Capital, and Z Ventures
- Gained +1 new investor
Roxom
- Gathered $17.9 million in an Unknown round
- Investors include Draper Associates, Borderless, and Kingsway Capital
- Roxom has raised $22.2 million so far
BIG NEWS from @roxom & @roxomtv 🚨
Roxom Global has raised $17.9M to build the world’s first Bitcoin Capital Market — and launch the first 24/7 media network backed by a 100% BTC treasury.
A major step toward a more transparent, decentralized, and Bitcoin-native future.
Huge… pic.twitter.com/9hSlsgcoCN
— Roxom (@roxom) May 22, 2025
TrueX
- A team of Coinbase alumni collected $11 million to debut True Markets, a stablecoin-native DeFi app offering real-time execution and self-custody on Solana.
- The investment was backed by Accomplice, Framework Ventures, and Reciprocal Ventures
- TrueX has raised $20 million so far
Projects < $6 million
- Hyperdrive: Raised $6 million in a Series A funding
- Acurast bagged $5.4 million Public sale with $90 million fully diluted valuation
- VOYA Games (Craft World) raised $5 million in an unknown round
- Rover raised $4.1 million Seed investment
- Stablecorp (QCAD) raised $1.8 million in an unknown round
- Fermi Labs bagged $1.2 million in a pre-seed round
