Crypto Fundraising: Who Raised How Much This Week?

This week’s money trail is pointing in three clear directions: companies stacking Bitcoin, RWAs sneaking deeper into traditional finance, and AI agents quietly weaving themselves into blockchain infrastructure.

Toss in some custody, gaming, and synthetic stables, and you’ve got a funding mix that feels less like hype and more like long-term plumbing.

Let’s unpack the biggest moves.

Top Crypto Fundraises this Week

CIMG Inc.: $55 Million for a Bitcoin Treasury Pivot

CIMG Inc., a global biz group dabbling in digital health and sales tech, pulled an unusual move, raising $55 million by issuing shares swapped directly for 500 Bitcoin.

Exempt under Reg S, this latest move pushes the company to rank 60th on the Bitcoin 100 ranking, according to Bitcoin Treasuries.

Multipli: $5 Million for Institutional-Grade Yield

Multipli is chasing the holy grail of DeFi: yields on everything. With its zero-knowledge yield protocol, you can earn returns on stablecoins, BTC, and even traditionally “dead” assets across chains.

Backed by Pantera and Sequoia, this $5 million round pushes their total funding to $21.5 million.

Everlyn: $2 Million for AI Video on Chain

Everlyn is tackling onchain video with AI-powered tools for interactive content. They raised $2 million this week, led by Mysten Labs, hitting a $250 million valuation.

The pitch? Open-source AI video models that live onchain, enabling interactive dApps and richer media in Web3.

The risk? Latency. The promise? A wave of AI-driven content that doesn’t feel like grainy JPEGs taped to a blockchain.

Reflect: $3.75 Million for Yield-Bearing USDC+

Reflect raised $3.75 million to launch its synthetic USDC+ stablecoin on Solana. By delta-hedging liquid staking tokens (LSTs), Reflect aims to deliver delta-neutral yields without locking up liquidity.

Tangany: $11.6 Million to Expand Custody Under MiCA

Germany-based Tangany, a regulated digital asset custodian, bagged $11.6 million in Series A funding led by Baader Bank.

Their bread and butter? Secure warm and cold wallets for crypto and NFTs.

SonicStrategy: $40 Million for Sonic Ecosystem

SonicStrategy, born out of Sonic Labs, raised $40 million in convertible debt to fund its blockchain ecosystem while eyeing a Nasdaq listing.

The firm manages treasuries and DeFi strategies tied to Sonic’s blockchain. The takeaway? Treasury-backed public entities aren’t just a Bitcoin story anymore, other chains are getting their shot at Wall Street legitimacy.

Kite AI: $18 Million to Build AI Agent Infra

Kite AI secured $18 million in Series A funding from PayPal Ventures and General Catalyst to create a dedicated blockchain for AI agents.

Think transaction layers, payments, and identity, all designed for agentic AI economies.

GLHF: $2 Million for Gaming Expansion

Game studio GLHF raised $2 million to expand its Gigaverse title.

With backing from 1confirmation and crypto OGs, the studio hopes to avoid the “play-to-earn” flop by focusing on immersive gameplay.

Utila: $22 Million for Institutional Wallets

Utila closed a $22 million extension round, tripling its valuation, to scale its MPC wallet and stablecoin management services.

Already moving over $15 billion monthly across chains, the platform is gunning for institutional adoption with APIs and tools that simplify crypto treasury management.

Etherealize: $40 Million to Tokenize Wall Street

Etherealize raised $40 million in a round led by Electric Capital and Paradigm, with Vitalik giving his blessing.

The company builds settlement and privacy layers for tokenized assets on Ethereum, targeting institutions directly.

The Meta Summary

This week screamed institutional crypto, with RWAs and custody leading the charge. Public companies are hedging treasuries with Bitcoin and Solana, while compliant platforms like Tangany, and Etherealize pave the road for regulated adoption.

On the AI side, Kite and Everlyn show that agentic internet and onchain video are far from niche ideas. Gaming is still alive, with GLHF and Reflect trying to inject fun and utility into Web3 ecosystems.

Final Thoughts

The money is flowing into serious plumbing: custody, treasuries, RWAs, and AI infra. Meme coins aside, this is the kind of funding that could actually keep Web3 standing through the next cycle.

The only open question is whether AI chains and tokenized assets become sticky products or just another narrative detour. For now, one thing’s is quite clear: crypto is getting institutionalized, and the stakes are higher than ever.

Cya next week!