The week of November 16-22, 2025, recorded $1.42 billion in crypto VC funding throughout 16 initiatives.
Abstract
- Crypto VC funding hit $1.42B throughout 16 offers, led by Kalshi’s big $1B increase.
- Kraken added $200M at a $20B valuation, whereas Doppel raised $70M in Sequence C.
- Smaller rounds included WizzWoods ($10M), Solomon Labs ($8M), and RateX ($7M).
As per the information, Kalshi’s $1 billion increase led this sturdy funding interval that featured a number of nine-figure investments throughout buying and selling platforms and infrastructure ventures.
Right here’s a breakdown of this week’s crypto VC exercise as per Cryptofundraising knowledge:
Kalshi
- Kalshi raised $1 billion in an unknown spherical
- Absolutely diluted valuation of $11 billion
- The funding was backed by Sequoia, CapitalG, and AI6Z
- The regulated prediction market trade has raised $1.52 billion up to now
Kraken
- Secured $200 million in an unknown spherical
- Kraken has a totally diluted valuation of $20 billion
- The funding was backed by Haun Ventures
- A part of $800 million whole fundraising throughout two tranches for international enlargement
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Doppel
- Doppel raised $70 million in a Sequence C spherical
- Buyers embody Bessemer Enterprise Companions, AI6Z, and South Park Commons
- The AI-powered digital danger safety platform has raised $124 million up to now
Obex
- Obex bagged $37 million in an unknown spherical
- Funding was backed by Framework, LayerZero Labs, and Sky
1/ We’ve formally raised $37M in a spherical led by @hiFramework, @LayerZero_Core, and @SkyEcosystem.
$2.5B will even be deployed by Sky into initiatives incubated by Obex.
Our mission: Present groups with capital to launch progressive, yield-seeking stablecoin initiatives on Sky.
🧵👇 pic.twitter.com/2mjYMRLvGy
— Obex (@obexincubator) November 18, 2025
Deblock
- Deblock raised $35 million in a Sequence A spherical
- Buyers embody Speedinvest, Commerz Ventures, and Latitude
- The crypto pockets has raised $63.81M up to now
At this time, we’re excited to announce our €30m Sequence A funding spherical.
Led by @speedinvest , together with @commerzventures and Latitude, and supported by current traders Shapers, @HeadlineVC, Chalfen Ventures, and @triton_xyz (previously Kraken Ventures), this spherical will allow us to… pic.twitter.com/4nn3oVWjYi
— Deblock (@DeblockApp) November 19, 2025
Numerai
- Secured $30 million in a Sequence C spherical
- Numerai has a totally diluted valuation of $500 million
- Funding was backed by Union Sq. Ventures and Shine Capital
- The venture has raised $51.5 million up to now
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Tasks Below $30 Million
- WizzWoods, $10 million in a collection A spherical
- Solomon Labs, $8 million in a public sale with $20.64 million absolutely diluted valuation
- RateX, $7 million in a strategic spherical
- Immunefi, $5 million in a public sale with $133.70 million absolutely diluted valuation
- HelloTrade, $4.6 million in a seed spherical
- BOB (Construct on Bitcoin), $4.2 million in a public sale
- 0xbow, $3.5 million in a seed spherical
- ZENi, $1.5 million in a seed spherical
- Mu Digital, $1.5 million in an unknown spherical
- Vooi, $1.25 million in a public sale
Learn our final week’s crypto VC funding report from right here.

