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Despite recent volatility in cryptocurrency markets, venture capital (VC) investment in blockchain and crypto startups continues to demonstrate resilience, with several significant funding rounds announced in March 2025.
Across Protocol Secures $41M in Token Sale
Across Protocol, an Ethereum cross-chain interoperability platform, raised $41 million through a token sale led by Paradigm, with participation from Coinbase Ventures, Bain Capital Crypto, and Multicoin Capital. The funds will support the expansion of Ethereum layer-2 connectivity using an “intents” architecture, which separates asset transfers from message verification to enhance transaction efficiency.
Crossmint Raises $23.6M to Simplify Web3 Onboarding
Enterprise Web3 company Crossmint closed a $23.6 million funding round led by Ribbit Capital. Crossmint offers low-code APIs designed to facilitate blockchain functions such as wallet creation, stablecoin integration, tokenization, and credential management. Over 40,000 companies and developers across more than 40 blockchains currently utilize Crossmint’s services.
Abound Secures $14M for Remittance Services
New York-based remittance application Abound obtained $14 million in funding from Near Foundation and Circle Ventures. Abound aims to streamline remittance processes between the United States and India, having processed over $150 million to date. The involvement of blockchain-focused investors like Near and Circle Ventures suggests a growing interest in leveraging blockchain technology for cross-border payment solutions.
Chronicle Completes $12M Seed Round
Chronicle, an Ethereum oracle and tokenization infrastructure provider, raised $12 million in seed funding led by Strobe Ventures. The company connects protocol developers to real-time data feeds essential for decentralized finance (DeFi) applications, supporting the growing demand for reliable on-chain data.
Halliday and Level Secure $12M and $7.6M Respectively
Web3 gaming platform Halliday secured $12 million in a Series A funding round led by Andreessen Horowitz (a16z). Halliday focuses on integrating blockchain technology into gaming experiences, enabling features like in-game asset ownership and monetization. Additionally, Level, a decentralized exchange platform, raised $7.6 million to enhance its trading infrastructure and expand its user base.
Sygnum Achieves $1B Valuation Following $58M Funding Round
Crypto-focused bank Sygnum attained a valuation of $1 billion after completing a $58 million funding round. The round saw participation from Fulgur Ventures and other investors, including company employees. Sygnum plans to utilize the funds to expand its European presence and initiate operations in Hong Kong, reflecting a broader trend of crypto firms seeking growth in Asia amid evolving regulatory landscapes. citeturn0news13
Investor Confidence Signals Ongoing Strength in Crypto Sector
These substantial funding rounds indicate sustained investor confidence in the crypto and blockchain sectors, despite market fluctuations. The continued flow of capital into diverse crypto projects suggests that the industry remains dynamic, with venture capitalists actively supporting innovation and growth.
