Crypto Startups Raise $1.15B in June 2025 as Kalshi and Digital Asset Lead Funding Surge

Crypto startups secured $1.15 billion across 140 deals in June 2025, marking a 9% increase from May. Predictions market platform Kalshi dominated headlines with a $185 million funding round at a $2 billion valuation, backed by Paradigm, Sequoia Capital, and Citadel Securities CEO Peng Zhao. The firm, which recently won a legal battle against the CFTC, plans to expand broker integrations and introduce new contract types.

Digital Asset followed closely with a $135 million raise to accelerate institutional adoption of its Canton Network, an interoperable blockchain for tokenized real-world assets. The funding, led by DRW Venture Capital and Tradeweb Markets, aims to onboard more financial firms and asset classes, bridging traditional finance with decentralized ledger technology.

Token sales are also resurging, signaling renewed investor confidence in the sector.