Crypto Venture Capital Surges 146% in June to $1.5 Billion

Venture capital activity in the crypto space has seen a significant rebound this month, with total investments crossing $1.5 billion by June 20. This marks the strongest monthly performance since March 2025 and signals growing confidence in blockchain startups after a quieter second quarter. The raised funds are more than double the $624 million recorded in May, making June the second-highest month for funding in 2025. However, the final tally could go even higher before the end of the month.

A large share of this month’s capital inflow comes from Circle’s high-profile public listing. The USDC stablecoin issuer launched on the New York Stock Exchange on June 5, selling 34 million shares at around $31 each. The offering brought in close to $1.1 billion, valuing the company at roughly $6.9 billion at the time of listing. Since going public, Circle’s stock has significantly climbed by more than 500% to an all-time high above $200. The rally has also helped propel the stablecoin issuer’s valuation to nearly $50 billion. Without Circle’s IPO, the total raised in June would have hovered around $400 million.

The broader wave of funding underlines a growing appetite among investors to back crypto innovations amid improving sentiment in the digital asset space. For context, EigenLayer secured the second-largest funding round of the month. The Ethereum restaking protocol supported the launch of EigenCloud and ecosystem growth. The venture capital firm a16z also led a $33 million investment in Yupp, a platform helping users discover and test AI models for free. Meanwhile, other significant funding rounds the industry recorded this month include a $40 million raise for security firm Hypernative, $30 million for crypto infrastructure provider Turnkey, $22 million for stablecoin project Noah, and $20 million for OneBalance, a platform focused on simplifying crypto’s fragmented user experience.

This surge in funding highlights the increasing interest and confidence in the crypto sector, particularly in blockchain startups and innovative projects. The successful IPO of Circle and the substantial investments in various crypto projects indicate a positive shift in investor sentiment, despite the quieter second quarter. The significant capital inflow suggests that investors are optimistic about the future of digital assets and the potential for growth in the sector. The funding rounds for projects like EigenLayer, Yupp, Hypernative, Turnkey, Noah, and OneBalance further demonstrate the diverse range of innovations being supported in the crypto space. As the month progresses, the total funding could continue to rise, reflecting the ongoing enthusiasm and investment in the crypto industry.