Crypto’s Big Payday: Circle Hits $1.1B, IOST Grabs $21M, and More Shocking Deals!

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Hold on tight, folks! Crypto funding has come roaring back like a bull on Red Bull this week! June kicked off with some big bucks flying around, and we’re talking blockbuster deals as well as some wild early-stage bets. 🤑

First up, we’ve got Circle! They’ve made a grand entrance with their long-awaited IPO, bringing in a jaw-dropping $1.1 billion. Not too shabby, right? Now they’re strutting their stuff on the NYSE with the ticker CRCL. 💰

But wait, there’s more! Crypto projects managed to snag a whopping $1.17 billion from June 1–7. From huge strategic rounds (looking at you, IOST and Avantis) to seed rounds for the little guys like 3Jane and Launcher Capital, the appetite for Web3 is *insatiable*. 🚀

Now, let’s break it down into the fun details (because who doesn’t love a good list of money being thrown around?):

📢 Big news from IOST!

⚡️ We’ve secured $21M in strategic funding to accelerate RWA 3.0 growth and build a compliant, interoperable, multi-chain ecosystem.

🤝 Major thanks to @DWFLabs, @Presto_Labs, @Rollman_Mgmt & others for their trust

— IOST (@IOST_Official) June 6, 2025

Rails

  • Raised a cheeky $14 million in an Unknown round (mystery much?)
  • Backed by Kraken Ventures, Slow Ventures, and CMCC Global (they mean business!)
  • Rails has now raised a total of $20.2 million (that’s one hefty wallet!)

We’re proud to announce that Rails is now live! 🚀

Today marks the beginning of a new era of trading
🔐User-controlled on-chain custody
⚡ Centralized execution speed
✔️ Zero-knowledge transparency

Proud to be backed with $20M to date from @Slow @Kraken @Quantstamp @Round13…

— Rails (@rails_xyz) June 4, 2025

Avantis

  • Avantis snagged $8 million in a Series A round (money in the bank!)
  • Investors? Pantera, Founders Fund, and Salt Fund—talk about a dream team!
  • In total, Avantis has raised $12 million (not too shabby for a DeFi platform!)

We’re excited to announce our $8M Series A, co-led by @PanteraCapital, @foundersfund.

This raise accelerates our vision to build DeFi’s universal leverage layer — for everything.

Gold, FX, Oil, Equities, Crypto, Sports and more: 24/7, fully onchain, and accessible to anyone.

— Avantis (@avantisfi) June 3, 2025

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2025-06-07 23:41