Crypto Cash Bonanza: $170M Splurged on Blockchain Dreams! 🚀💰

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Ah, the week of July 13-19, 2025—a time when the air was thick with the scent of venture capital and the dreams of blockchain barons. 🤑 In the shadows of the digital proletariat, a staggering $170.3 million was tossed around like confetti at a capitalist carnival, spread across 10 projects that promise to “revolutionize” the world. Or so they say. 😏

Infrastructure, that unsung hero of the crypto world, stole the show like a circus ringmaster, with eight out of ten projects clutching their funding like misers clutching gold. High-throughput payment systems, AI, and business banking—the trifecta of buzzwords that make investors weak in the knees. 🌟

Leading the charge was Plasma, with a cool $50 million public sale. “Scalable blockchain solutions,” they whisper, as if scalability were the holy grail of human achievement. 🏆 Meanwhile, Spiko and Dakota, those darling darlings of traditional finance and real-world assets, continued to charm the wallets of the wealthy. 🧑‍💼

But let’s not forget the rest of the circus acts—each one more dazzling than the last, all vying for their slice of the crypto pie. Here’s a peek behind the velvet curtain of this week’s funding extravaganza:

Plasma

  • Raised $50 million in a public sale. 🎉
  • Fully diluted valuation: $500 million. 🤑
  • A high-throughput, zero-fee payment platform. 🚀
  • Total raised so far: $77.5 million. 💼

Spiko

  • Secured $22 million in a Series A round. 🎊
  • Focuses on finance/banking, infrastructure, lending/borrowing, and real-world assets. 🏦
  • Investors: Index Ventures, White Star Capital, and Blockwall. 👔

XMTP (Ephemera)

  • Received $21 million in a Series B round. 📡
  • Backed by Dawn Square Ventures, a16z crypto, and Lightspeed Faction. 🕶️
  • Total backing: $41 million. 💰

We’re thrilled to announce our $20M Series B to fuel XMTP’s mission:

🌐 Build the most secure, decentralized messaging protocol
🤖 Support any identity across any digital ecosystem
📡 Help fuel the next generation of messaging applications

XMTP is rebuilding secure messaging…

— XMTP (@xmtp_) July 17, 2025

Two Prime

  • Gathered $20 million in an “Unknown” round. 🤷‍♂️
  • Operates in asset management, Bitcoin ecosystem, and lending/borrowing. 💹
  • Investors: Mara Holdings and SIG. 🧐

Blockskye

  • Raised $15.8 million in a Series C round. ✈️
  • Backed by BlockChange, United Airlines Ventures, and Lightspeed Faction. 🛫
  • A corporate travel and payments platform. 🧳

Dakota

  • Confirmed $12.5 million in a Series A round. 💼
  • A modern business banking platform. 🏛️
  • Investors: CoinFund, Haun Ventures, and Triton Capital. 🧑‍💼

— Dakota (@dakota_xyz) July 15, 2025

ACM+ (AI Cross Metrix)

  • Raised $12 million in a Seed round. 🌱
  • Operates in AI, infrastructure, multichain, privacy, and zero-knowledge sectors. 🤖
  • Backed by Zama Capital, Genesis Capital, and Bu Bridge. 🌉

Function (ex Ignition)

  • Gathered $10 million in a Seed round. 🌱
  • An institutional-grade protocol. 🏛️
  • Investors: Galaxy Digital, Antalpha Ventures, and Mantle Network. 🌌

BIG NEWS at @fxn_xyz: We are excited to announce @galaxyhq has joined our $10M seed round as an investor and core contributor, alongside @Mantle_Official, and @AntalphaGlobal.

With over $1.5B in TVL, $FBTC is the institutional gateway for productive and functional Bitcoin.

The…

— Function | FBTC (@FunctionBTC) July 15, 2025

Projects < $10 Million

  • W3 io, $7 million in a Seed round. 🌱
  • Vision, $3 million in a Public sale with $462 million fully diluted valuation. 🌈

And there you have it, comrades—a week of crypto funding that would make even the most jaded capitalist blush. 🤑 But remember, in the grand theater of blockchain, the real question is: will these projects build a utopia, or just another gilded cage? 🤔

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2025-07-19 21:10