Blockchain Funding Weekly: 16 Public Deals, Zama Raises $57M at $1B Valuation with Pantera Capital

·

The blockchain ecosystem continued its momentum last week (June 23–29), recording 16 public funding events globally with a total disclosed capital exceeding $272 million**. Additionally, corporate crypto treasury initiatives raised over **$1.25 billion, highlighting sustained institutional interest in digital assets.

This week’s funding landscape revealed strong investor appetite across DeFi, infrastructure, and privacy-focused protocols, with notable participation from heavyweight firms like Pantera Capital, Paradigm, and Multicoin Capital. The surge in strategic investments in real-world asset (RWA) tokenization, confidential computing, and institutional-grade DeFi tools signals a maturing market focused on scalable, compliant, and high-utility blockchain applications.

DeFi: Infrastructure and Institutional Adoption Drive Growth

Decentralized finance remains a dominant force in blockchain innovation, with 8 funding rounds reported this week—nearly half of all deals. The focus has clearly shifted from consumer-facing apps to core infrastructure enabling secure, efficient, and institution-ready DeFi solutions.

Veda Secures $18M for Modular DeFi Vaults

Veda, a DeFi infrastructure provider, raised $18 million** in a round led by CoinFund, with participation from Coinbase Ventures, Animoca Ventures, GSR, and BitGo. Veda offers a modular vault framework that simplifies the creation of yield-generating products for developers. With over **$3.7 billion in assets under management and more than 100,000 user deposits, Veda is already integrated with major protocols like ether.fi, Plasma, and Berachain.

👉 Discover how next-gen DeFi platforms are redefining yield generation and asset management.

GTE Launches High-Speed DEX on MegaETH with $15M from Paradigm

GTE, a decentralized exchange (DEX) built on the EVM-compatible MegaETH blockchain, secured $15 million in an A-round led exclusively by Paradigm. Positioned as the “world’s fastest DEX,” GTE combines a centralized limit order book (CLOB) model with decentralized settlement—achieving latency on par with centralized exchanges like Binance while preserving self-custody.

With over 700,000 testnet users, GTE aims to solve the trade-off between speed and decentralization that plagues traditional DEXs.

Blueprint Finance Raises $9.5M for Multi-Chain Lending Infrastructure

Blueprint Finance, the team behind Concrete (Ethereum) and Glow Finance (Solana), closed a $9.5 million** strategic round led by Polychain Capital. YZi Labs and VanEck also participated. The platform currently manages over **$650 million in TVL and focuses on simplifying DeFi lending for both retail and institutional users.

This investment will fuel expansion into new blockchains and enhance risk modeling for cross-chain lending.

Yield.xyz Lands $5M Strategic Investment from Multicoin Capital

Yield.xyz, formerly Omni Wallet, rebranded into a DeFi yield aggregation platform after being acquired by Echo Base (Paxful’s parent). The company secured $5 million from Multicoin Capital to scale its API-driven solution that integrates over 200 yield sources across Solana.

Yield.xyz enables wallets like Ledger to embed plug-and-play DeFi functionality, bridging traditional fintech and decentralized finance.

Jarsy Opens Private Equity Access with $5M Pre-Seed

Jarsy, a platform tokenizing private equity stakes in pre-IPO companies like Stripe and Anthropic, raised $5 million** in a Pre-Seed round led by Breyer Capital. By issuing 1:1 backed tokens, Jarsy lowers the entry barrier to elite private markets—allowing investments starting at just **$10.

Regulatory compliance is central to Jarsy’s model, positioning it as a bridge between Web3 and traditional finance.

Makina Powers AI Agents in DeFi with $3M Raise

Makina Finance secured $3 million to develop its institutional-grade DeFi execution engine. Designed for AI agents and asset managers, Makina enables risk-adjusted yield strategies on-chain. Backers include Bodhi Ventures, Cyber Fund, and Kiln.

As AI-driven trading grows, Makina’s infrastructure could become critical for autonomous financial agents.

Sphinx Builds Institutional Commodities Exchange on Layer1

Sphinx raised $2 million to launch an institutional-grade derivatives exchange for commodities like oil and gas. Built on a permissioned Layer1, Sphinx offers 24/7 access to futures, options, and perpetual contracts—targeting professional traders seeking blockchain efficiency without sacrificing compliance.

Byzanlink Advances RWA Tokenization in Dubai

Byzanlink, a Dubai-based RWA infrastructure firm, closed a $1 million private round from Outlier Ventures and other regional investors. Focused on tokenizing private equity, credit, and real estate, Byzanlink operates under DMCC regulations—enhancing credibility for institutional adoption.

Web3 Gaming: Strategic Bets on Interactive Entertainment

Two significant investments highlight growing confidence in Web3 gaming’s long-term potential.

Endless Clouds Raises $6.25M, Launches END Token

Animoca Brands-backed Endless Clouds raised $6.25 million to expand its open-world MMORPG Treeverse. The studio also launched the END utility token, which will power gameplay mechanics and governance across future titles.

Spekter Games Secures $5M Pre-Seed from a16z Speedrun

Spekter Games Inc. raised $5 million in a pre-seed round featuring a16z speedrun and London Venture Partners. Its first game, Spekter Agency, is live and designed for chat-based super apps. Funds will support expansion to iOS and Android platforms and development of a second title.

👉 Explore how blockchain is transforming gaming economies and player ownership.

DePIN: dKloud Bridges Enterprise IT with Decentralized Cloud

dKloud, a DePIN-powered enterprise cloud platform, raised $3.15 million from Animoca Brands, Avalaunch, and Blizzard. The platform connects decentralized physical infrastructure networks (DePIN) with traditional IT systems, allowing businesses to deploy apps using crypto or fiat without complex multi-system management.

Developers can contribute tools to dKloud’s marketplace and earn DKT tokens, fostering an open ecosystem.

Infrastructure & Tools: Privacy, AI Verification Take Center Stage

With 8 deals in this category, infrastructure remains the backbone of blockchain innovation.

Digital Asset Raises $135M for Canton Network

Digital Asset, developer of the privacy-centric Canton Network, secured $135 million from DRW Venture Capital and Tradeweb Markets. The network supports confidential transactions for RWAs such as bonds, funds, commodities, and insurance products.

Major institutions like Goldman Sachs and BNY Mellon are already testing Canton for cross-chain RWA settlement—signaling strong enterprise traction.

Zama Achieves Unicorn Status with $57M B Round

Zama, a privacy protocol leveraging fully homomorphic encryption (FHE), raised $57 million** at a **$1 billion valuation, led by Pantera Capital. Its testnet launches July 1, enabling developers to deploy confidential smart contracts across chains.

Zama currently processes 20 TPS but aims to exceed 10,000 TPS per chain using specialized hardware accelerators. It combines FHE with MPC and ZKP technologies, initially EVM-compatible with plans to expand to Solana.

Inference Labs Secures $6.3M for AI Trust Layer

Inference Labs raised $6.3 million to advance its “Proof of Inference” protocol—a zero-knowledge system that verifies AI model outputs while preserving model privacy. Backed by Delphi Ventures and Arche Capital, the project targets use cases in healthcare, finance, and DeFi.

The testnet is live, with mainnet expected by Q3 2025. Strategic partnerships include EigenLayer and Bittensor.

Other Applications: From Predictive Markets to Fan Economies

Kalshi Valued at $2B After $185M Raise

Although not counted in weekly totals due to timing, Kalshi—a U.S.-regulated prediction market—raised $185 million** at a **$2 billion valuation, led by Paradigm. Unlike unregulated competitors like Polymarket, Kalshi complies with CFTC rules—making it accessible to American users.

YZi Labs Invests in Web3 Idol Platform MEET48

YZi Labs supported MEET48 through BNB Chain’s MVB accelerator. MEET48 blends virtual concerts, idol games, and real-world events around its $IDOL token, targeting over 30 million Asian fans. A major Web3 concert is scheduled for August 2 in Hong Kong.

Corporate Crypto Reserves: Strategic Bitcoin & BNB Holdings Expand

While separate from startup funding, corporate treasury moves reflect macro confidence:

Key Blockchain Funding Keywords:

Frequently Asked Questions (FAQ)

Q: What is the significance of Zama’s fully homomorphic encryption (FHE) in blockchain?
A: FHE allows computations on encrypted data without decryption—enabling truly private smart contracts. Zama’s implementation could revolutionize data-sensitive applications like healthcare or finance on public blockchains.

Q: Why are so many funds flowing into DeFi infrastructure instead of consumer apps?
A: Investors are prioritizing foundational layers that enable scalability, security, and compliance. These tools reduce friction for institutional adoption and support next-gen use cases like AI agents and RWA markets.

Q: How does Canton Network ensure privacy while enabling cross-institutional transactions?
A: Canton uses configurable privacy settings where only involved parties can view transaction details. It’s designed for regulated institutions needing confidentiality without sacrificing auditability or interoperability.

Q: What makes Kalshi different from other prediction markets?
A: Kalshi is fully regulated by the CFTC, allowing U.S. users to legally participate—unlike many offshore platforms restricted in the country.

Q: Can retail investors access platforms like Jarsy or dKloud?
A: Yes—Jarsy allows $10 minimum investments in private tech firms. dKloud offers a developer marketplace where contributors earn tokens—democratizing access to enterprise cloud innovation.

Q: Is the rise in corporate Bitcoin holdings sustainable?
A: With companies like MicroStrategy leading the way, Bitcoin is increasingly seen as a treasury reserve asset. As volatility decreases and adoption grows, more firms may follow suit as part of diversified balance sheets.

👉 Stay ahead of crypto trends and explore platforms shaping the future of finance.