Weekly Funding Roundup | 6 Projects Secure Funding, Total Amount Reaches $154 Million (2.2-2.8)
- Core View: From February 26 to February 8, 2025, the number of global blockchain funding events saw a slight increase, but the total amount dropped significantly. Compliance & investigation services and the prediction market track became the focal points of funding.
- Key Elements:
- During this statistical period, a total of 6 funding events were disclosed, with a total funding amount of $154 million, a significant decrease from the previous week's $214 million.
- Crypto compliance company TRM Labs completed a $70 million Series C funding round, reaching a valuation of $1 billion and becoming a new unicorn. The round was led by Blockchain Capital, with follow-on investments from traditional institutions like Goldman Sachs.
- Funding in the prediction market sector was active, with companies BLUFF, Opinion, and Kairos securing $21 million, $20 million, and $2.5 million in funding, respectively.
- Digital asset infrastructure provider Prometheum completed an additional $23 million in funding, aiming to introduce digital asset products into mainstream financial markets.
- On-chain capital interoperability infrastructure Relay completed a $17 million Series B funding round and plans to launch the Relay Chain, specifically built for cross-chain settlement.
According to incomplete statistics from Odaily, from February 26 to February 8, 2025, a total of 6 financing events were disclosed in the global blockchain sector, showing a slight increase from the 3 events in the previous week. However, the total financing amount was $154 million, a significant decrease compared to the $214 million from the previous week.
The largest single financing round this week was the cryptocurrency compliance and investigation startup TRM Labs announcing the completion of a $70 million Series C funding round. Apart from this, financing activity in the prediction market sector was relatively active.
The following are the specific financing events (Note: 1. Sorted by the announced amount size; 2. * indicates "traditional" sector companies with some business involving blockchain):
Crypto Compliance Firm TRM Labs Completes $70 Million Series C Funding, Valuation Reaches $1 Billion
On February 4, according to a report by Fortune magazine, cryptocurrency compliance and investigation startup TRM Labs announced the completion of a $70 million Series C funding round, achieving a valuation of $1 billion and becoming a new "crypto unicorn." This round was led by early investor Blockchain Capital, with follow-on investments from traditional institutions including Goldman Sachs, Bessemer, Brevan Howard, Thoma Bravo, and Citi Ventures.
Digital Asset Market Infrastructure Provider Prometheum Completes Additional $23 Million Financing
On February 4, digital asset market infrastructure provider Prometheum disclosed that it has completed an additional $23 million in financing. The investors include a group of high-net-worth individuals and institutions, whose specific names have not been disclosed yet. The new funds will be used to introduce digital asset products, including cryptocurrencies, tokenized assets, and on-chain securities, into the mainstream financial markets.
Prediction Market BLUFF Completes $21 Million Strategic Financing, Led by 1kx
On February 4, the prediction market BLUFF announced the completion of a $21 million strategic financing round. This round was led by the global blockchain investment firm 1kx, with participation from Makers Fund, Maximum Frequency Ventures, the founder of Delphi Ventures, and others. NBA star and tech investor Tristan Thompson also participated.
The BLUFF team members come from leading platforms such as Stake, Bet365, William Hill, and Bodog, possessing extensive experience.
Prediction Market Opinion Completes $20 Million Series A Funding, with Hack VC and Others ParticipatingOn February 4, the prediction market Opinion announced the completion of a $20 million Series A funding round, with participation from Hack VC, Jump Crypto, Primitive Ventures, Decasonic, and others. Its trading scope has now expanded to include macroeconomics, pre-token launch events, culture, and cryptocurrencies, covering topics from CPI data, etc. Data shows the company currently handles about one-third of the global prediction market trading volume, with open interest exceeding $130 million.
On February 6, Relay, an on-chain fund interoperability infrastructure, posted on platform X stating that it has completed a $17 million Series B funding round, led by Archetypevc and USV. Furthermore, Relay will launch Relay Chain, an infrastructure specifically built for instant cross-chain settlement.
Prediction Market Terminal Kairos Completes $2.5 Million Seed Round, Led by a16z
On February 4, a16z General Partner Guy Wuollet posted on X, stating that a16z will lead a $2.5 million seed round for the prediction market terminal Kairos. The latter will provide professional traders with the fastest prediction market trading services.
