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

Crypto
Last updated: August 23, 2025 6:17 pm
Crypto
Published: August 23, 2025
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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. 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 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.

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