Crypto Funding soars to $1.06B in a Week
The week of October 12-18, 2025, witnessed a massive $1.059 billion in crypto funding across 22 projects. Tempo’s $500 million Series A round led the pack.
Tempo, a layer 1 blockchain focused on payments, secured $500 million in Series A funding. This round values the project at $5 billion. Notable investors include Gray Wolf, Thrive capital, and Sequoia.
Kraken acquired SMALL Exchange for $100 million. This deal allows Kraken to offer regulated crypto derivatives in the U.S. It follows previous acquisitions like NinjaTrader and crypto Facilities.
Daylight Energy raised $75 million to build a decentralized energy network. The project aims to make electricity more affordable and reliable. Their tweet highlights the importance of this funding.
Jito, a liquid solana staking protocol, received $50 million from ai16z. Better Payment Network (BPN) also raised $50 million in a Seed round for its cross-border payments and FX protocol.
Several other projects secured funding under $50 million. These include Telcoin, Tria, Inference, and more. The funding highlights the growing interest in payment infrastructure and trading platforms.
