Crypto Market Sees Important Funding and Expansion in March 2025
The third week of March 2025 witnessed a surge in crypto funding and expansion. Kraken acquired NinjaTrader for $1.5 billion, enhancing its trading analytics capabilities. Meanwhile, MoonPay secured $200 million for its payment infrastructure.
According to Crypto Fundraising, the week’s total funding surpassed $2 billion. The focus was on trading tools, storage solutions, and payment infrastructure.
Kraken’s Acquisition of NinjaTrader
Kraken’s $1.5 billion acquisition of NinjaTrader aims to build robust finance and trading infrastructure. This move will strengthen Kraken’s position in the market by developing advanced analytical trading tools.
MoonPay’s Financial Boost
moonpay received a $200 million revolving credit line from Galaxy, a crypto-focused financial services firm. This funding will help MoonPay expand its payment and trading solutions. Galaxy’s support highlights the industry’s growth and maturity.
Walrus and VIA Raise Significant Capital
Walrus secured $140 million, backed by Standard Crypto, a16z crypto, and Electric Capital.The investment will aid in developing storage solutions on the Sui (SUI) ecosystem. The company has raised a total of $