Crypto Fundraising: Who Raised How Much This Week?

August 21, 2025
Atp, AI is everywhere. Found in crime detection to DeFi sims to compute-backed stablecoins, it’s clear crypto is stapling itself to the AI hype cycle...

This week’s bag of raises is stacked with AI-meets-crypto infra, stablecoin rails going corporate, and gaming projects sneaking into compliance mode.

Less hype, more plumbing.

Billions from the big boys, scraps for the startups, and a clear message: crypto wants to be boring finance, while still pretending it’s fun.

Ready or not, let’s dive!

Top 10 Crypto Rounds This Week

1. Bullish: $1.15 Billion

Bullish is running an exchange but not just anyone. They’re the first crypto shop to hit the NYSE with an IPO settled in Solana stablecoins.

That’s right, Jefferies coordinated a $1.15 billion raise using stables like it’s just another Tuesday. Now they’re trading as BLSH, sliding crypto infra into Wall Street without fireworks.

Quiet. Sneaky, but also effective.

2. SHRAPNEL: $19.5 Million

Blockchain shooters are finally going global. SHRAPNEL, the AAA FPS with mods, NFTs, and community-driven chaos, raised $19.5 million across two rounds.

Gala Games led, with Griffin Gaming and Polychain in tow.

The catch? A GalaChain migration to make compliant RMB trading possible in China. It’s not sexy, but that’s how you scale a crypto game past Discord servers (I guess…).

3. Mesh: $130+ Million

Mesh is basically the operating system for crypto payments. They connect over 300 platforms, think Coinbase, Robinhood, PayPal, so enterprises can actually move money without duct tape.

They’ve raised more than $130 million, with fresh backing from PayPal Ventures and Coinbase Ventures (and a lot of PYUSD in the mix). Not flashy, but if stablecoins are going mainstream, these could be the guys wiring it together.

4. Hyperbeat: $5.2 Million

Hyperliquid’s not just a DEX anymore at this point, it’s now sprouting its own yield layer. Hyperbeat just pulled in $5.2 million from ether.Fi, Electric Capital, and Coinbase Ventures to build community validators and liquidity tools.

The goal? Make staking and yield less centralized, and maybe keep DeFi from imploding every other quarter.

5. Almanak: $8.45 Million

DeFi is already volatile, games are chaotic, and AI simulations might just be the cheat code. Almanak raised $8.45 million led by Delphi Labs to build agent-based models that stress test crypto systems.

HashKey and NEAR Foundation joined in. It’s not flashy, but when your protocol doesn’t blow up in the next market swing, you might end up thanking the nerds at Almanak.

6.Galaxy Digital: $1.4 Billion

Mike Novogratz’s Galaxy Digital also secured $1.4 billion in financing for a Texas-based Helios AI Datacenter. Reportedly, it’s not VC money but project financing.

Still, it’s Galaxy taking the leap from mining Bitcoin to mining compute. AI is the new oil, and Galaxy wants the pipelines.

7. DigiFT: $25 Million

DigiFT is where regulated finance finally touches crypto tokens. They run a compliant DEX for security tokens and RWAs, basically ex-bankers tokenizing stuff without rug-pulling.

Their $25 million strategic raise, led by SBI Holdings with Offchain Labs joining in, could make regulated RWA trading less of a fantasy.

8. Cointel: $7.4 Million

Crypto data is usually noise, but Cointel’s betting AI can filter the signal. They raised $7.4 million from Avalanche and Sugafam Inc. to build an insights and trading platform with global reach.

Think analytics, education, and smarter trades, without the usual bias that gets retail rekt.

9. LEGION: $5 Million

Remember ICOs? LEGION is trying to bring them back, but this time with compliance and reputation scoring. They raised $5 million from VanEck, Brevan Howard, Kraken, and Coinbase Ventures.

The pitch: token sales for the people, minus the 2017 chaos. If it works, ICOs stop being four-letter words.

10. OVERTAKE: $7 Million

On Sui, OVERTAKE is building a gaming ecosystem where players can actually create, curate, and cash out.

Their $7 million strategic round (from Sui, Immutable, and more) funds tools for developers and fairer monetization for players.

Maybe the first blockchain gaming platform that doesn’t feel like a slot machine.

Bonus Round (as always)

11. O1.exchange: $4.2 Million

Base keeps attracting infra, and o1.exchange is the latest. They raised $4.2 million from Coinbase Ventures and AllianceDAO to build a DEX with AI insights, MEV protection, and no-nonsense self-custody.

Add in fee cashbacks and analytics, and you’ve got a trading terminal for people sick of being frontrun.

12. Block Earner: A$8 Million

Australia finally has its own crypto finance player stepping up. Block Earner raised A$8 million in Series A funding from CMCC Global and King River Capital to expand lending and BTC-backed loans.

13. IVIX: $60 Million

Crypto’s not escaping regulators, so someone had to build AI for compliance. IVIX raised $60 million from O.G. Venture Partners, Citi Ventures, and Insight Partners to track illicit finance in Web3.

Call it tax gap detection, AML surveillance, or regulatory babysitting, however, it might be the kind of tool that saves whole sectors of crypto from getting nuked by regulators (we’d see..).

14. USD.ai: $13 Million

Flatcoins are back. USD.ai raised $13 million from Framework Ventures and Dragonfly to build a synthetic stablecoin backed by AI compute.

GPUs and nodes become collateral, DeFi loans fund AI startups, and yields get tied to real-world compute. Sounds wild, but maybe that’s exactly the bridge between crypto money and AI gold rush.

The Meta Summary

Atp, AI is everywhere. Found in crime detection to DeFi sims to compute-backed stablecoins, it’s clear crypto is stapling itself to the AI hype cycle.

Stablecoins keep sneaking into “serious” markets, from IPO settlements to enterprise payments, like they’re just another boring financial instrument.

Also, gaming isn’t dead, it’s just learning compliance and monetization tricks.

Final Thoughts

The big fish, Bullish and Galaxy, are raising billions while everyone else scraps for sub-$20 million checks. Call it maturity, call it consolidation, call it Wall Street cosplay.

Either way, the plumbing is what’s getting funded: compliance, infra, and rails. No meme coins, no hype cycles, just builders betting on the useful (and maybe boring) stuff that sticks.

Cya next week!

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