Crypto VC Funding: DigiFT secures $11m, Irys bags $10m

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.

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

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

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.