Ethereum News Today: Major Crypto Firms Raise $1.6 Billion as Institutional Confidence Surges

Major crypto firms have secured over $1.6 billion in funding during the week of July 28 to August 2, 2025, signaling a renewed wave of institutional confidence in the sector [1]. This surge in capital is being directed toward projects focused on real-world applications such as payments, treasury management, and financial infrastructure, reflecting a broader shift in perception around the utility and legitimacy of digital assets.

Leading the charge, MARA, the largest publicly traded Bitcoin mining company, secured $850 million through a private offering of zero-coupon convertible notes maturing in 2032, with a potential additional $150 million upsell. The funds will be used to acquire more Bitcoin, reduce debt, and stabilize the company’s stock price. This deal underscores investor confidence in MARA’s market position and strategic vision [1].

In another significant move, Mill City Ventures became the first publicly listed company to launch a crypto treasury strategy supported by the Sui Foundation. Through a private placement, the firm invested $450 million to acquire 76.3 million SUI tokens at $3.64 each. The company plans to expand its holdings via over-the-counter deals and public market purchases, with backing from Karatage and the Sui Foundation [1].

FG Nexus, formerly known as Fundamental Global, raised $200 million to invest in Ethereum (ETH), staking, and decentralized finance. This marks Ethereum’s 10th anniversary and a strategic pivot toward using ETH as a core treasury asset. The initiative received support from major players including Galaxy Digital, Kraken, and Digital Currency Group [1]. In parallel, the ETH Strategy campaign added 12,342 ETH worth $46.5 million through private sales, with most of the assets allocated to staking and liquidity.

Smaller but impactful crypto infrastructure projects also attracted significant funding. RD Technologies secured $40 million to build stablecoin infrastructure, coinciding with the implementation of Hong Kong’s stablecoin licensing framework. Billions Network raised $30 million from Polychain Capital and others to develop regulated digital products, including a cross-border wallet. Meanwhile, Tether-backed Stable raised $28 million to build a blockchain supporting USDT transactions, and Zodia Markets secured $18.25 million to expand its stablecoin trading and cross-border payment platform [1].

The funding boom comes amid growing institutional adoption and regulatory clarity in key markets, reducing uncertainty and encouraging long-term investment. Multiple firms are now treating crypto assets as strategic components of their balance sheets, with several planning to increase exposure through direct holdings and staking strategies.

The continued influx of capital into the crypto sector highlights a broader trend of firms positioning themselves for long-term value creation through digital assets. As more projects integrate crypto into their financial strategies, the industry is expected to see greater institutional participation and regulatory oversight, shaping the next phase of its development.

Source:

[1] TheCoinrise.com - https://thecoinrise.com/crypto-funding-hits-1-6b-in-a-week-as-treasury-bets-grow/

[2] CCN.com - https://www.ccn.com/

[3] Yahoo.co - https://www.yahoo.com/news/articles/lemonade-day-2025-portland-where-150000566.html

[4] wallstreetmediaco.net - https://wallstreetmediaco.net/what-is-a-smart-contract-2/