Crypto Cash Explosion: $709M Pumped into the Market Last Week!

IREN's $550M Deal Steals the Show

Holy moly, the crypto world just got a mega injection of cash! From June 8-14, 2025, nearly $709 million flooded into the space, and IREN's monster $550 million private placement led the charge. This isn't just money; it's a statement that crypto's not playing around anymore.

Venture Capital Keeps the Fire Burning

The venture capital scene? It's on fire, baby! From pre-seed to Series B, the cash is flowing like a river, especially in the infrastructure sector. It's like everyone's racing to build the next big thing in crypto, and the investors are right there, wallets open, cheering them on.

Startups Snagging Big Bucks

But wait, there's more! Startups like Hypernative, Yupp, Turnkey, and OneBalance are raking in the dough too. We're talking millions here, folks. It's clear as day that investors are betting big on crypto infrastructure and those cool app-layer innovations. And get this—they're doing it even with the market doing its wild rollercoaster thing.

The Breakdown: Where the Money's Going

So, what's the scoop? Using data from Cryptofundraising, here's where the cash is landing:

$IREN just closed an upsized $550m convertible notes offering. They overshot their goal, going from $450m to $500m, with an extra $50m greenshoe option. That's a net of about $534.9m, with a 3.50% coupon and a 30% conversion premium. No small potatoes here!

Hypernative? They're on a mission to make Web3 safe for the masses, and they just nabbed a $40M Series B. Co-led by 1011vc and Ballistic Ventures, with a bunch of others jumping in, they're ready to tackle the biggest hurdle in Web3—security.

Yupp's not messing around either. They just locked in a $30M Series B led by BainCapCrypto. Their goal? To power the next wave of crypto innovation. Watch out, world!

And OneBalance? They're thrilled to announce a $20m Venture Round co-led by cyberFund and blockchaincap, with more investors joining the party. That brings their total funding to $25m. Plus, they're launching a Toolkit that's gonna make getting your users onchain easier than ever.

This is just the beginning, folks. The crypto world is heating up, and the money's pouring in like never before. Stay tuned—this is gonna be one wild ride!