Infrastructure Dominates Crypto Fundraising in May 2025 with $134M Raised
Infrastructure projects captured over 60% of the $134.72 million raised in crypto presales during May 2025, according to data from Outset PR. While meme coins garnered headlines, they accounted for just 9.4% of total fundraising, highlighting a shift toward utility-focused investments.
DeFi campaigns surged mid-month, absorbing $22.54 million in capital. The data reveals a market increasingly prioritizing structural projects over speculative assets, with infrastructure and utility tokens leading the charge.
Outset PR's methodology categorized projects by product function, capital behavior, and narrative positioning—focusing on tangible utility rather than marketing claims. This granular approach underscores the maturation of crypto fundraising beyond HYPE cycles.
