Crypto venture funding roared back to life in the first week of June, with capital flowing into both blockbuster deals and early-stage bets. The headline grabber was Circle’s long-awaited initial public offering (IPO), which brought in $1.1 billion and marked the company’s debut on the NYSE under the ticker CRCL. Altogether, crypto projects attracted $1.17 billion from June 1–7, according to Cryptofundraising data. From major strategic rounds like IOST and Avantis to smaller seed raises for emerging players like 3Jane and Launcher Capital, the week highlighted a growing investor appetite across the Web3 stack. Here’s a list of the different funding activity: You might also like: Lightchain AI gains trader favor as Polygon fails to turn tech hype into real demand IOST IOST ( IOST ) secured $21 million in a Strategic round The investment was backed by DWF Labs, Presto, and Redman Management 📢 Big news from IOST! ⚡️ We’ve secured $21M in strategic funding to accelerate RWA 3.0 growth and build a compliant, interoperable, multi-chain ecosystem. 🤝 Major thanks to @DWFLabs , @Presto_Labs , @Rollman_Mgmt & others for their trust https://t.co/UXThL29ZnI — IOST (@IOST_Official) June 6, 2025 Rails Raised $14 million in an Unknown round Investors include Kraken Ventures, Slow Ventures, and CMCC Global Rails has raised $20.2 million so far We’re proud to announce that Rails is now live! 🚀 Today marks the beginning of a new era of trading 🔐User-controlled on-chain custody ⚡ Centralized execution speed ✔️ Zero-knowledge transparency Proud to be backed with $20M to date from @Slow @Kraken @Quantstamp @Round13 … https://t.co/jJfJFDOGoc — Rails (@rails_xyz) June 4, 2025 Avantis Avantis gathered $8 million in a Series A round The investment was backed by Pantera, Founders Fund, and Salt Fund The project has raised $12 million so far We’re excited to announce our $8M Series A, co-led by @PanteraCapital , @foundersfund . This raise accelerates our vision to build DeFi’s universal leverage layer — for everything. Gold, FX, Oil, Equities, Crypto, Sports and more: 24/7, fully onchain, and accessible to anyone. pic.twitter.com/tUievq7k8h — Avantis (@avantisfi) June 3, 2025 Projects Soul Labs, $5.96 million in a Public sale 3Jane, $5.2 million in a Seed round Launcher Capital, $4 million in a Seed round HashPower, $4 million in a Strategic round HeyElsa, $3 milliona in an Unknown round Shards Protocol (Aura), $2 million in an Unknown round AINX, $2 million in a Seed round Variational, $1.5 million in a Strategic round LayerEdge, $1 million in a Public sale Read more: Hyperliquid coin forms bullish pennant as momentum builds: is a breakout imminent?
