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: IOST IOST (IOST) secured $21 million in a Strategic round The investment was backed by DWF Labs, Presto, and Redman Management 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 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
