A total of 17 public fundraising events occurred in the crypto market last week, raising a total of about $295 million Investment and Financing Weekly

Finishing: Luan Peng, RootData

According to incomplete statistics from RootData, from July 7 to July 13, 2025, there were 17 public investment and financing events in the blockchain and crypto industry, with a cumulative financing of about $295 million.

From the perspective of track distribution, the projects that have received financing are mainly distributed in infrastructure and game tracks. Popular projects include crypto over-the-counter settlement platform BridgePort, stablecoin startup Agora , UK-listed The Smarter Web Company , and El Salvadoran financial platform NEXBRIDGE.  

In addition, Kuru Labs announced the closing of an $11.5 million Series A funding round led by Paradigm to build a new decentralized exchange on the Monad blockchain that integrates automated market makers (AMMs) and centralized order book (CLOB) architectures.

(List of projects that raised more than $5 million last week, data source: Rootdata)

1. Infrastructure

Monad Foundation acquires Portal, a stablecoin infrastructure project

According to Blockworks, the Monad Foundation announced the acquisition of stablecoin infrastructure project Portal, for an undisclosed amount.

Portal will continue to operate as a separate entity, but will leverage Monad's technology to serve customers, and Portal founder Raj Parekh will move to the role of Head of Payments and Stablecoins at the Monad Foundation.

OpenSea acquires Rally to expand the token trading space

According to The Block, OpenSea has acquired Rally, the company that develops the Rally wallet and mobile-first Web3 app experience.

The acquisition aims to strengthen OpenSea's expansion into the token trading space, which now covers 19 blockchains.

BridgePort, a crypto over-the-counter clearing platform, closed a $3.2 million seed round led by Further Ventures

BridgePort, a crypto OTC settlement platform, closed a $3.2 million seed round led by Further Ventures with participation from Virtu, XBTO, Blockchain Founders Fund, Fun Fair Ventures, and Humla Ventures.

BridgePort provides a middleware solution that connects trading platforms, custodians, and trading firms. Designed to streamline capital allocation and post-trade processes, while addressing prepayment requirements, credit risk, and settlement inefficiencies through real-time messaging and collateral management.

2. Games

Gaming infrastructure developer BRAVO READY acquires Honeyland, a Solana blockchain strategy game

According to Businesswire, Honeyland, a Solana blockchain strategy game launched by Hexagon Studios, has announced that it has been acquired by game infrastructure developer BRAVO READY for an undisclosed amount.

Honeyland previously raised $4 million at a $20 million valuation, and the acquisition will be part of BRAVO READY's real-time revenue generation portfolio.

3. CeFi

El Salvadoran financial platform NEXBRIDGE closed an $8 million Series A funding round led by Fulgur Ventures

NEXBRIDGE and its trading platform NEXPLACE have closed an $8 million Series A funding round led by Fulgur Ventures to expand the ecosystem of compliant digital asset issuance and trading based on the Bitcoin Liquid network.

NEXBRIDGE HAS PREVIOUSLY LAUNCHED USTBL, THE FIRST COMPLIANT DIGITAL ASSET BACKED BY U.S. BONDS, AND THIS FUNDING ROUND WILL ACCELERATE THE LAUNCH AND DISTRIBUTION OF MORE ASSETS ACROSS LICENSED PLATFORMS. The two platforms will be fully integrated in the second half of 2025 and will strengthen the regulatory compliance and asset transparency structure.

Stablecoin startup Agora closed a $50 million Series A funding round led by Paradigm

Stablecoin startup Agora announced the closing of a $50 million Series A funding round led by Paradigm, according to Fortune.

The company closed a $12 million seed round last year, and after this fundraising, Agora hopes to build its own stablecoin, AUSD, a cryptocurrency pegged to underlying assets such as the U.S. dollar.

Fourth, AI

YZi Labs has announced a strategic investment in Aspecta, a blockchain infrastructure platform

According to official sources, YZi Labs announced a strategic investment in blockchain infrastructure platform Aspecta, which provides price discovery and lifecycle liquidity for illiquid assets such as pre-issued shares, locked tokens, private equity, risk-weighted assets, and more.

5. Miscellaneous

Upexi closed a $200 million funding round to continue to increase its stake in Solana

According to official information, U.S.-listed company Upexi (NASDAQ: UPXI) announced the completion of a total financing of $200 million, including about $50 million of common stock and $150 million of convertible notes. The company said that part of the funds will be used to expand its existing business, and the rest will be used to increase its holdings of Solana assets.

Common shares were issued at $4 per share and subscribed by CEO Allan Marshall at $4.94 per share and are expected to close on July 14. The convertible notes, which have an annual interest rate of 2% and a fixed conversion price of $4.25 per share, are backed by SOL pledges by investors and are expected to close on July 16. The note financing was led by Big Brain Holdings.

After the completion of the financing, Upexi's Solana holdings will increase to about 1.65 million, more than double the previous 736,000 shares. The company plans to continue to increase its stake in SOL in the coming weeks with proceeds from equity financing. A.G.P./Alliance Global Partners acted as the exclusive private placement agent for the round.

Pump.fun announced that it has officially acquired Kolscan, a wallet tracking tool

According to official sources, Pump.fun announced that it has officially acquired the wallet tracking tool Kolscan, for an undisclosed amount.

According to reports, Kolscan focuses on monitoring the behavior of top on-chain traders, providing real-time trading dynamics, token profit and loss analysis, and a leaderboard ranked by performance.

The Smarter Web Company, a UK-listed company, has closed a £10.34 million funding round and holds 1,000 BTC

According to the announcement of The Smarter Web Company, a British listed company, the company has completed a subscription financing of 10.3415 million pounds (before tax).3,182,013 new ordinary shares were issued at a price of £3.25 each. The new shares are expected to take effect on July 14. Upon completion of the financing, The Smarter Web Company's total outstanding number of shares will reach 259,649,448 shares, and existing shareholders, including members of the Board of Directors, will be diluted by approximately 5.46%.

Previously, The Smarter Web Company increased its holdings of 226.42 bitcoins on July 7, with a total holding of 1,000 bitcoins and a total investment of 78.22 million pounds.

GameSquare, a publicly traded company, has raised $8 million to launch its Ethereum money management strategy

GameSquare Holdings, Inc. (NASDAQ:GAME), a media, entertainment and technology company, announced that it has determined its previously announced pricing for an underwritten public offering to sell 8,421,054 shares of its common stock (or its common stock equivalent) at a price of $0.95 per share, with an expected gross proceeds of approximately $8 million before underwriting discounts and commissions and offering expenses, according to an official announcement.

The Company intends to use the majority of the proceeds to accelerate the launch of its newly formed Ethereum money management strategy. GameSquare's Board of Directors has approved a phased investment in Ethereum for a total of up to $100 million, while retaining sufficient working capital to operate the business.

Tether makes a strategic investment in blockchain forensics firm Crystal Intelligence

According to CoinDesk, Tether announced a strategic investment in blockchain forensics firm Crystal Intelligence to combat crypto crime, with the exact investment amount not disclosed.

With cryptocurrency-related scams and frauds on the rise, Tether is committed to curbing the illegal use of its USDT stablecoin.

Kuru Labs, the development team of Monad's eco-DEX ecosystem, has closed an $11.5 million Series A funding round led by Paradigm

According to The Block, Kuru Labs announced the closing of an $11.5 million Series A funding round led by Paradigm to build a new decentralized exchange on the Monad blockchain that integrates an automated market maker (AMM) and a centralized order book (CLOB) architecture.

Kuru uses the default AMM strategy to provide underlying liquidity for each order book, aiming to increase the flexibility and depth of on-chain transactions. The project previously closed a $2.2 million seed round. Investors also include a number of angel investors such as 0xDesigner and Zagabond.