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Seven Biggest VC Crypto Raises Over The Past Few Months — Who Landed the Most Cash?

CCN
Despite subdued overall VC activity, seven crypto companies secured substantial funding rounds recently, led by Revolut's $1 billion raise.

Summary

Crypto venture capital investment remained subdued in late 2025 compared to bull-market peaks, though Q3 saw a quarter-on-quarter increase with $4.59 billion invested across 414 deals, dominated by later-stage firms. Seven companies secured significant funding, including Revolut ($1 billion), prediction-market operator Kalshi ($1 billion), and crypto exchange Kraken ($500 million). Other major raises went to Erebor ($250 million), Lava ($200 million), Fnality ($135 million), and Zerohash ($104 million). While macroeconomic pressures may keep deployment muted into early 2026, a more favorable U.S. regulatory environment and rising valuations are boosting investor confidence in established players.

(Source:CCN)