The crypto funding market saw $73.2 million in total investments during the week of May 11-17, 2025.
During this period, Gnosis HQ’s $14.95 million M&A deal represented the largest transaction. This week, funding was announced across multiple blockchain ecosystems and verticals, focusing mainly on DeFi, gaming, and ecosystem-specific projects.
Here’s a detailed look at the crypto projects that secured funding this week as per Crypto Fundraising data:
HQ.xyz
German Web3 infrastructure firm Gnosis has acquired Singapore-based on-chain business account platform HQ.xyz in a strategic deal worth up to $14.95 million.
The transaction includes an initial investment of up to $8.95 million from the GnosisDAO treasury, which was approved by the community in January.
Gnosis has also committed $6 million in working capital to support HQ.xyz’s expansion. For our feature on Friederike Ernst, co-founder of Gnosis, click here.
Perpl
The startup secured $8.25 million in an unknown round
Lead investors include Dragonfly, Erzonia, and Brevan Howard
KYD Labs
KYD Labs raised $7.1 million in a Seed round
The funding was backed by CSX, Finality Capital Partners, and Ambush
Excited to announce we’ve raised $7M led by @a16zcrypto CSX to build a factoring protocol for venues and deliver loyalty rewards to fans
We’re the first web3 company to onboard legendary venues like LPR and H0l0, driving $4M+ in ticket sales in the past year alone pic.twitter.com/FBFHWcm0Hd
