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- Crypto fundraising hit $2.5B in October, pushing 2025’s total to over $19B, surpassing last year’s by $9B.
- Polymarket secured $2B from ICE, valuing it at $9B, marking one of the largest rounds in crypto history.
- Crypto-focused funds like Pure Crypto saw 1,000% growth, raising $60M, while the sector heads towards record fundraising.
Crypto fundraising surged to new extremes in October. More than $2.5 billion was raised by 27 blockchain and digital asset companies, according to DefiLlama data. That surge brought total crypto funding in 2025 to more than $19 billion, which already exceeds last year’s total of over $9 billion. It demonstrates the return of healthy investor confidence in digital assets.
PitchBook had previously predicted that $18 billion would be raised in crypto in 2025. But now investors at Galaxy Ventures and Codebase are predicting that number will be over $25 billion by the end of the year. Venture capitalists and institutional investors both are increasingly looking at infrastructure powered by blockchain. This spike is a testament to the increasing positive outlook of digital assets in the future.
Polymarket Secures $2B in Major Crypto Investment
The charge was led in October by Polymarket, a decentralized prediction market platform. The platform received a $2 billion strategic investment from Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange. The transaction valued Polymarket at $9 billion post-money, making it one of the most substantial funding rounds in crypto history. It underscores Wall Street’s growing fascination with tokenized financial products.
Founded in 2020, Polymarket rapidly became the premier platform operating at the intersection of traditional finance and blockchain markets. Previously in 2025, it raised a $150 million round led by Founders Fund. The company also raised $55 million in investment from Blockchain Capital prior to the 2024 US election cycle. Polymarket’s growth reflects the increasing allure of decentralized platforms in mainstream markets.
Meanwhile, a Bermuda-based life insurance provider raised $82 million in Series B funding. The round was co-led by Bain Capital Crypto and Haun Ventures, with participation from Pantera Capital, Apollo, and Stillmark. The firm is targeting Bitcoin-based annuities, savings, and retirement products to provide financial security for the crypto economy. The objective is to help users accumulate and protect their wealth through Bitcoin, emphasized CEO Zac Townsend.
It’s a growing trend: financial products being offered using cryptocurrency. Companies such as Meanwhile are leading the path for Bitcoin-backed savings and retirement solutions to become more mainstream. As the crypto economy grows, more traditional financial firms are looking for ways to add digital assets to their products.
Also Read: Paxos Resolves Technical Error After Accidentally Minting 300 Trillion PYUSD Tokens
Crypto Firm Amdax Raises $35M for Bitcoin Treasury Management
A Dutch company, Amdax, also announced raising $35M to launch AMBTS, a treasury management platform for Bitcoin. The move follows increasing demand for Bitcoin-backed reserves in Europe. This news follows a string of announcements from Europe-based companies, including Treasury, Strive, and MicroStrategy, pioneering the launch of Bitcoin-backed financial products.
2025 looks set to be the biggest year for crypto fundraising since the bull market of 2021. The sector is on pace for a banner year, with close to $20 billion raised already. As reported, Pure Crypto, located outside Chicago, also has made waves. The firm said that a flagship fund it started in 2018 had grown over 1,000% and now has assets worth $60 million.
Pure Crypto began as a test inside a traditional wealth management firm. It’s now a $100 million crypto-focused fund of funds. Co-founders Jeremy Boynton and Zachary Lindquist are gearing up to raise money for their fourth fund, which they believe will capture the final wave of venture-style returns in the crypto space.
As regulations tighten, exemplified by a recent stablecoin bill enacted by President Donald Trump, the landscape is evolving. Boynton and Lindquist see the era of multimillion-dollar, venture-like returns in crypto coming to an end as more regulation and institutionally oriented financial professionals have entered the space to help stabilize it.
Also Read: Thumzup Media Explores Dogecoin Integration to Boost Creator Payout Efficiency
