The third week of March 2025 brought a major crypto exchange expansion as Kraken completed its $1.5 billion acquisition of NinjaTrader. Meanwhile, MoonPay secured $200 million for its payment infrastructure.
According to Crypto Fundraising, the week’s funding reached over $2 billion. The week’s funding has seen a jump toward trading tools, storage solutions, and payment infrastructure.
NinjaTrader, $1.5 billion
- Acquired by Kraken for $1.50 billion.
- The M&A deal will expand Kraken’s trading analytics capabilities.
- Building finance and trading infrastructure.
- Developing analytical trading tools.
🚨 MASSIVE NEWS 🚨
Kraken is acquiring @NinjaTrader for $1.5B, locking in the largest TradFi + crypto deal ever.
Another huge milestone on our road to becoming the world’s go-to platform for trading anything, anytime, anywhere.
More details 👇https://t.co/Pdv5hiAAub
— Kraken Exchange (@krakenfx) March 20, 2025
MoonPay, $200 million
- Moonpay received a $200 million revolving credit line from Galaxy, a crypto-focused financial services firm.
- The company, which focuses on building payment and trading solutions, has raised a total of $1.16 billion so far.
Walrus, $140 million
- Walrus secured $140 million in an unknown round with $2 billion FDV.
- The investment was backed by Standard Crypto, a16z crypto and Electric Capital.
- Walrus is building storage solutions on the Sui (SUI) ecosystem.
Big news in decentralized storage!
Walrus Foundation has secured $140,000,000 in fundraising, led by @standardcrypto, to scale programmable storage built on @SuiNetwork.
Storage isn’t just storage anymore – it’s dynamic, verifiable, and programmable. AI datasets, blockchain… pic.twitter.com/aNPZ4FRo6h
— Walrus 🦭/acc (@WalrusProtocol) March 20, 2025
VIA, $28 million
- VIA raised $28 million in Series B funding.
- The investment was backed by Bosch Ventures, BMW i Ventures, and MassMutual Ventures.
- The project has raised $45.15 million so far.
Thank you to Bosch Ventures for leading our $28 million Series B round. We’re very excited to have @BMWiVentures, @MMVglobal, and Sentinel Global join Bosch Ventures as new investors to support our mission. 🌱
Special thanks to the many government and enterprise customers who… pic.twitter.com/kqMunOAqy9
— VIA (@solvewithvia) March 18, 2025
Crossmint, $23.6 million
- Crossmint, an NFT payment infrastructure builder, secured $23.6 million in Series A funding
- The investment was backed by Ribbit Capital, Franklin Templeton, and Nyca
Halliday, $20 million
- Halliday raised $20 million in Series A funding.
- Its backers include Andreessen Horowitz’s a16z crypto, Ron Conway’s SVA Angel and Blizzard.
- The company, which is creating gaming payment infrastructure, has raised $26 million so far.
Utila, $18 million
- Utila secured $18 million in Series A funding.
- The company is backed by Nyca Partners, Wing Venture Capital and NFX.
- Utila is building multichain security wallet; It has raised $29.5 million so far.
🚀 Exciting News! Utila Secures $18M in Series A Funding! 🚀
We’re thrilled to announce that Utila has raised $18 million in Series A funding, led by Nyca Partners, with participation from Wing Venture Capital, NFX, Haymaker Ventures, Gaingels, and Cerca Partners.
This brings… pic.twitter.com/VRyhEW9ojg
— Utila (@utila_io) March 19, 2025
SlingShot DAO, $16 million
- SlingShot DAO has raised $16 million in an unknown round.
- Dragonfly, Animoca Brands, and DCG participated in the effort.
- The project has raised $19 million so far.
Slingshot has raised $16M from some of the biggest names in Web3.
These are the same investors who backed multi-billion dollar crypto projects before they took over the industry.
Let's get to know all of them in less than 3 minutes… 🧵 pic.twitter.com/uvFW2b0M1y
— Slingshot DAO (@SlingshotDAO) March 16, 2025
Privy, $15 million
- Privy secured $15 million in an unknown round
- The investment was backed by Ribbit Capital, Sequoia, and Paradigm
- The startup has raised $33 million so far.
Notable crypto VC funding rounds < $10 million
- Ephyra, $10.5 million for AI gaming on P2E
- Yeet, $7.75 million for P2E gaming on Berachain
- Pluralis Research, $7.60 million for AI infrastructure
- Uranium Digital, $6.10 million for real-world assets on Solana (SOL)
- ABEX, $6 million for financial asset management
- Soluna, Opinion Labs, and Hibachi each raised $5 million
- Stable Sea, $3.5 million for stablecoin payments
- Redacted, $3.01 million with $70 million FDV for entertainment
- Level Protocol, $2.6 million for stablecoin solutions
- Manifest Finance, $2.5 million for real-world assets
- Stoffel MPC, $1.6 million for privacy infrastructure
- Oro, $1.5 million for Solana real-world assets
- Kamigotchi, $1.3 million for P2E gaming
- Bedrock, $1.25 million with $25 million FDV for DeFi staking
- NeuronX, $1 million for AI lending solutions