In June 2025, blockchain and Web3 startups raised $1.15 billion through 140 deals, indicating a renewed interest from investors in this sector.
Funding for Kalshi
One of the most notable events of the month was Kalshi, which raised $185 million at a $2 billion valuation. Backed by Citadel Securities CEO George Zhao, as well as Paradigm and Sequoia Capital, the platform allows traders to bet on real-world events, including political elections and sports events.
Funding for Digital Asset
Digital Asset secured $135 million aimed at speeding up institutional adoption of its Canton Network, which is already working with tokenized assets like bonds and funds. The new capital will support the onboarding of more financial institutions.
Return of Token Sales
In addition, June saw a revival in token sales. Successful launches included World Liberty Finance, which raised $100 million, and Eigen Labs, which attracted $70 million for zero-knowledge tooling. Zama FHE also closed a $57 million round, becoming the first unicorn in fully homomorphic encryption.
The overall funding trends for blockchain and Web3 startups open up new opportunities for growth in the sector as investor interest recovers.
