PANews reported on October 3rd that according to DeFiLlama data, a total of 77 cryptocurrency companies raised more than $3.3 billion in funding in September. This brings the total funding so far in 2025 to over $17 billion, which is more than $7 billion higher than the entire year of 2024.
Several large financings in September include:
Figure Technology : Raised $787.5 million in its Nasdaq debut.
Kraken : Completed $500 million in financing.
Rapyd : Completed a US$500 million Series F financing round with participation from BlackRock, Fidelity and others.
