Overview of financing in the encryption field in the past week: 17 projects raised over $1 billion.

2025-07-28 01:30:18

From July 20 to 26, 2025, the financing activities in the encryption industry experienced a strong rebound, with total fundraising exceeding $1 billion, involving 17 projects. Infrastructure and artificial intelligence (AI) related platforms led the financing trend, with Satsuma raising $135 million and QCEX raising $112 million through merger and acquisition deals becoming the focal points. This wave of capital injection indicates a strong demand from investors for Blockchain foundational tools and the integration of AI, reflecting a resurgence of market confidence in next-generation encryption tools.

Overview of Financing Activities During this week’s encryption financing process, infrastructure and artificial intelligence projects attracted most investors’ attention. Here are the details of the financing situation:

Satsuma Satsuma is a Blockchain indexing platform that has successfully raised $135 million in a private funding round. The project has raised a total of $140 million to date.

QCEX QCEX secured $112 million in funding through a merger and acquisition (M&A) transaction. The project is supported by Polymarket, a derivatives exchange licensed by the Commodity Futures Trading Commission (CFTC).

Courtyard Courtyard raised $30 million in Series A funding from Forerunner Ventures, NEA, and Combinator. The project is a market platform focused on the tokenization of physical collectibles.

Bitzero Bitzero raised $25 million in undisclosed rounds, primarily focusing on the infrastructure sector.

Lightyear Lightyear raised $23 million through Series B funding. The project is supported by NordicNinja, Lightspeed, and Metaplanet, and is a global stock investment platform.

xTAO xTAO successfully raised $22.8 million through undisclosed rounds, with investors including Digital Currency Group, Animoca Brands, and Falcon X.

Other project financing situation The following are some other projects with fundraising amounts below 20 million USD:

Soluna: $20 million, undisclosed round
Poseidon: 15 million USD, seed round
Capital B (formerly The Blockchain Group): $12.05 million, undisclosed round
DSRV: 11.6 million USD, Series B financing
Gaia: $10 million, Series A funding
Freename: 6.5 million USD, Series A financing
Questflow: $6.5 million, seed round financing
Delabs Games: $5.2 million, Series A funding
Quack AI: $3.6 million, undisclosed round
Syntetika: $2.5 million, previous seed round financing
Bloom Labs Ltd: $1.6 million, previous seed round financing

Conclusion This week’s encryption financing data shows that infrastructure and AI projects remain the key focus areas for investors. With more funds being injected, the demand for encryption infrastructure in the market will continue to grow, especially with the combination of AI and Blockchain. Although some projects are still in the early stages, the accumulation of funds is expected to bring more innovation in the future. For encryption investors, seizing the opportunities brought by these technological advancements will be crucial.

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