Crypto Chaos: $63M in 13 Projects-DigiFT Leads with $11M! 💸

The week of August 17-23, 2025, witnessed a modest $63.77 million in crypto funding across 13 projects, with DigiFT’s $11 million strategic round leading the charge, as if one were to lead a parade of financial whimsy. 🧠

TECH, and Legion-projects so obscure, they’d make a librarian weep. 📚

Multi-chain and cross-ecosystem projects dominated this week’s funding as per Crypto Fundraising data, a testament to the industry’s unending quest for complexity. 🌀

Here’s a detailed overview of this week’s crypto funding activity, where dreams of wealth are as fleeting as a cryptocurrency’s value: 🧨

DigiFT

• DigiFT raised $11 million in a Strategic round-perhaps a strategic move to outshine its competitors, who are presumably busy counting their losses. 🚨
• Investors include SBI Holdings, Mirana Ventures, and Offchain Labs-three entities so wealthy, they could fund a moon colony. 🌕
• DigiFT has raised a total of $21.5 million-enough to buy a small island, if only the island were willing to accept crypto. 🏝️
• The project is a regulated DeFi exchange-regulated, of course, by the same rules that govern a toddler’s bedtime. 🛏️

Irys

• Irys secured $10 million in a Series A round-proof that even datachains need a little cash to keep ticking. ⏱️
• The investment was backed by CoinFund, Hypersphere, and Tykhe Ventures-three names so vague, they might as well be code for “I have no idea.” 🤷‍♂️
• The datachain platform raised a total of $18.7 million-enough to build a spaceship, if only it were less… data-heavy. 🚀

Block Earner

• Raised $8 million in a Series A round-$8 million, a sum so paltry, it’s practically a joke. 😂
• Fully diluted valuation of $75 million-because nothing says “trust me” like a number so high, it’s a mathematical impossibility. 🧮
• Block Earner is a web3 fintech platform-web3, fintech, and a sprinkle of magic. 🧙‍♂️
• Investors include Titan Fund and Haun Ventures-two entities that probably invest in everything except common sense. 🤯
• The project has raised a total of $14.4 million-enough to fund a small country’s lottery, if that country were a startup. 🎰

A notable drop in VC funding this week, compared to last week’s nearly $1.5 billion-proof that even in crypto, the rich get richer, and the rest of us get… confused. 🤔

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2025-08-23 16:38