
Kalshi crushes it with $185m, Bit Digital bags $150m in crypto VC bonanza!
Date: 2025-06-28 20:00:00 | By Clara Whitlock
Crypto Startups Smash Funding Records: $739.5M Raised in One Wild Week!
Kalshi Leads the Charge with a Massive $185M Series C Round
Hang onto your hats, folks! The crypto world just exploded with a mind-blowing $739.5 million in funding across 17 sizzling deals during the week of June 22-28, 2025. We're talking one of the hottest funding streaks we've seen in ages, and it's all about beefing up infrastructure and reeling in those big institutional players.
Who's at the top of this cash mountain? None other than Kalshi, the regulated prediction market exchange that just closed a jaw-dropping $185 million Series C round, slapping a cool $2 billion valuation on their heads. Hot on their heels, Bitcoin miner Bit Digital snagged $150 million, while the institutional blockchain platform Canton Network and DeFi powerhouse World Liberty Financial each walked away with $135 million and $100 million, respectively. It's raining cash out here!
Our weekly fundraising roundup, brought to you by the awesome folks at Crypto Fundraising, is shining a spotlight on the heavy hitters in infrastructure and DeFi. But that's not all—this cash splash is a clear sign that investors are back in the game, throwing their support behind the backbone of blockchain and those slick, institutional-grade products.
Listen up, because Kalshi's CEO just dropped some serious news on Twitter: "I’m excited to announce our $185M Series C valuing Kalshi at $2B. The round was led by Paradigm with participation from Sequoia, Multicoin, Peng Zhao, Neo, and Bond Capital. People choose to work at Kalshi not because of the money we've raised, but because of our ambition:..." Talk about a power move!

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