Crypto VC funding: Circle's $1.1b IPO, IOST's $21m raise
Published 8 hours ago• 1 minute read
(IPO), which brought in $1.1 billion and marked the company’s debut on the NYSE under the ticker CRCL.
Altogether, crypto projects attracted $1.17 billion from June 1–7, according to Cryptofundraising data. From major strategic rounds like IOST and Avantis to smaller seed raises for emerging players like 3Jane and Launcher Capital, the week highlighted a growing investor appetite across the Web3 stack.
Here’s a list of the different funding activity:
— Avantis (@avantisfi) June 3, 2025We’re excited to announce our $8M Series A, co-led by @PanteraCapital, @foundersfund.
This raise accelerates our vision to build DeFi’s universal leverage layer — for everything.
Gold, FX, Oil, Equities, Crypto, Sports and more: 24/7, fully onchain, and accessible to anyone. pic.twitter.com/tUievq7k8h
- Shards Protocol (Aura), $2 million in an Unknown round
- AINX, $2 million in a Seed round
- Variational, $1.5 million in a Strategic round
- LayerEdge, $1 million in a Public sale
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