Crypto Funding Surges Past $19B in 2025 as October Raises Hit $2.5B

Crypto fundraising accelerated sharply in October, with 27 blockchain and digital asset companies securing more than $2.5 billion, according to data from DefiLlama. The surge brings total funding for 2025 to over $19 billion, already surpassing last year’s total by more than $9 billion, signaling renewed investor confidence in the digital asset sector.

Investors now expect total fundraising to top $25 billion by year’s end, a significant upward revision from PitchBook's initial $18 billion forecast. Galaxy Ventures and Codebase analysts attribute this Optimism to a strong resurgence in venture and institutional interest in blockchain infrastructure.

The month’s standout raise came from Polymarket, the decentralized prediction market platform, which secured a staggering $2 billion strategic investment from Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange. The deal values Polymarket at $9 billion post-money, marking one of the largest single rounds in crypto history and underscoring Wall Street’s deepening engagement with tokenized financial products.