OrangeX Rises as Crypto Funding Cools and Matures

OrangeX, a global cryptocurrency trading platform, has successfully completed a $20 million Series B funding round led by Kryptos, with continued support from SCI Ventures and other major investors [1]. The funds will be allocated toward strengthening the company’s core infrastructure and accelerating its global market expansion. This follows a $10 million Series A round in September 2023, also led by Kryptos and supported by NGC Capital, Phase Capital, and SCI Ventures [1].

The latest funding round places OrangeX among a group of seven Web3 projects that collectively raised $191.5 million in the final week of August 2025 [2]. This week’s top seven fundraising efforts included Raincards, which raised $58 million, M^ZERO with $40 million, and Amdax with $23.5 million. OrangeX secured the fourth position in the rankings, with the capital expected to support infrastructure development and market growth. aPriori, a DeFi protocol focused on liquid staking and capital efficiency, also raised $20 million, bringing further momentum to on-chain trading innovations [2].

The broader crypto market saw $5 billion in funding across August 2025, though this marked a 20.6% decrease from July’s $6.54 billion. The average round size dropped to $86.07 million in August, from $108.29 million in July [2]. Analysts attribute the decline to a natural cooling in investment activity, though the consistent presence of large-scale funding rounds indicates a stable and evolving digital asset ecosystem.

OrangeX’s strategic focus on infrastructure and international expansion aligns with broader industry trends, including increased institutional adoption and the growing role of spot ETFs in driving trading volume [1]. As the crypto market matures, firms are prioritizing scalability, compliance, and technological innovation to meet demand from both retail and institutional investors. OrangeX’s recent funding underscores the continued confidence of venture capital firms in the long-term viability of digital asset platforms.

The firm’s Series B round was part of a broader trend in crypto fundraising, with several other projects securing significant backing. For instance, aPriori raised $20 million to develop high-frequency trading capabilities on-chain, while Amdax focused on building a Bitcoin accumulation strategy. These developments highlight the sector’s ongoing diversification, with startups addressing challenges across liquidity, infrastructure, and programmability in the digital asset space [2].

Source:

[1] Crypto trading platform OrangeX completes $20 million ... (https://www.cointime.ai/flash-news/crypto-trading-platform-orangex-completes-43166)

[2] $191.5 Million Raised Led by Raincards, M^ZERO, Amdax ... (https://cryptonews.net/news/finance/31531302/)