Crypto Startups Raise $1.15B in June with 140 Deals
In June, the crypto and Web3 sectors raised $1.15B through 140 deals, marking a 3% increase in capital and a 9% rise in deal count from May, according to Messari.
Notable funding included:
- Kalshi secured $185M
- Digital Asset raised $135M for its Canton blockchain
- World Liberty Finance brought in $100M
- Eigen Labs secured $70M
Investment focus is shifting towards innovative technologies, with Zama FHE closing a $57M Series B round, achieving a $1B valuation for its fully homomorphic encryption technology.
The increased deal activity indicates robust growth in blockchain and Web3 applications.