Crypto Funding Surpasses $1,5 Billion in June as Circle IPOs
- Crypto Funding Surges With Circle’s Billion-Dollar IPO
- Investments in cryptocurrency startups surpass $1,5 billion
- Circle and EigenLayer lead cryptocurrency investments in June
The cryptocurrency venture capital sector saw significant growth in June, with investments surpassing the $1,5 billion mark as of June 20, according to data from DeFiLlama. The performance represents the highest monthly volume since March of this year, driven mainly by Circle’s IPO on the New York Stock Exchange.
🚀 Crypto funding hits a new high! Over $1.5 billion raised in June 💰, with Circle's IPO driving a major surge! 🏦
The blockchain space is on fire 🔥 #Crypto #Blockchain #CircleIPO #Funding #cryptonews #CryptoMarket #Investing pic.twitter.com/LAtiENBydd
— Crypto News Hunters 🎯 (@CryptoNewsHntrs) June 20, 2025
The company behind the USDC stablecoin has raised approximately $1,1 billion by selling 34 million shares priced at around $31 each. That initial offering valued Circle at around $6,9 billion at the time of listing. Since then, the company’s shares have surged more than 500% to more than $200 per share, bringing its market capitalization to nearly $50 billion.
Without this investment, the total funding recorded in June would have been less than US$400 million. Still, the numbers reinforce the renewed interest of investors in projects linked to crypto assets, reflecting an improvement in sentiment towards the market.
In addition to Circle, other significant investments marked the month. EigenLayer, a protocol focused on reactivating assets on Ethereum, raised US$70 million in a round led by Andreessen Horowitz (a16z). The funds aim to accelerate the development of EigenCloud and expand its ecosystem.
a16z also invested US$33 million in Yupp, a platform focused on free testing of artificial intelligence models. Hypernative, which specializes in crypto asset security, received an investment of US$40 million.
Other notable investments include $30 million for crypto infrastructure company Turnkey, $22 million for stablecoin project Noah and $20 million for OneBalance, which seeks to simplify the user experience in the cryptocurrency sector.
The significant increase in contributions reinforces the resumption of institutional appetite for innovation in the crypto sector, especially given a more optimistic perception regarding the evolution of decentralized technologies.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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