From September 6 to 13, 2025, the crypto market experienced an active week of financial activity. Incrypted recorded 30 investment deals totaling over $5.04 billion, including venture funding, token sales, corporate deals, and strategic financing for DeFi ecosystem growth.
Venture Deals: Web3 and DeFi Startups Secure Funding
Traditional venture investments this week covered 10 projects:
- Gemini raised $50M from Nasdaq Ventures ahead of its IPO, integrating custodial and staking services for clients.
- Inversion secured $26.5M in a seed round from leading investors including Hashkey Capital and Dragonfly.
- Transak received $16M to expand its Web3 payment infrastructure.
- Tetra Trust — $10M for developing Canada’s first licensed digital asset custody platform.
- GigaStar, Koah, Wildcat, Gyld Finance, Thirdverse, and Recoveris raised between $1.26M and $6M at various growth stages.
Other projects, including Based and KaleidoSwap, attracted strategic investments to enhance spot trading, cross-chain transfers, and DeFi solutions, while ChatterPay integrated crypto payments via WhatsApp for Latin America.
Token Sales: Bitcoin Meets DeFi
The Lombard platform, integrating Bitcoin into DeFi via its LBTC product, raised $94.7M in a public token sale. Funds will be used for staking, trading, and DeFi products without fragmenting liquidity.
Corporate Placements: Solana Accumulation Strategy
Notable corporate deals include:
- Forward Industries — private placement of $1.65B to accumulate Solana, led by Galaxy Digital, Jump Crypto, and Multicoin Capital.
- Metaplanet (Japan) raised $1.44B via new share issuance to invest in Bitcoin.
- Figure, StablecoinX, Gemini, and Capital B also completed large IPOs and PIPE deals worth hundreds of millions of dollars.
Mergers and Acquisitions
Two notable M&A deals occurred this week:
- HackQuest acquired the Buidlbox platform for hackathons and bounty programs.
- DeFi protocol Sensible joined Coinbase to accelerate the launch of on-chain products for users.
Accelerators and DAO Funding
Plume Network supported seven startups through the Ascend RWA program, focusing on tokenizing real-world assets and developing DeFi solutions:
- Tradible — decentralized asset trading without intermediaries.
- Jarsy — access to tokenized economic rights for retail investors.
- Glider, DeSyn Protocol, Canary Protocol, AXC, and Voltaire — tools for crypto portfolio management, tokenized ETFs, and RWA infrastructure.
This week demonstrates that investors continue to actively fund DeFi and Web3, while corporate and venture deals are creating new liquidity levels. Solana, Bitcoin, and tokenized assets remain key focal points for institutional and retail investors.
