Crypto Funding Market Surges wiht $73.2 Million in Investments
The crypto funding market witnessed a significant boost, with $73.2 million invested between May 11-17, 2025.The standout deal was Gnosis HQ’s acquisition of HQ.xyz for up to $14.95 million. This move aims to enhance Web3 infrastructure.
Gnosis HQ’s acquisition of HQ.xyz is a major highlight. The deal, valued at $14.95 million, underscores the growing interest in Web3 infrastructure. gnosisdao’s treasury provided an initial $8.95 million, with an additional $6 million for HQ.xyz’s growth. This acquisition supports Gnosis’s vision for a robust Web3 ecosystem. Learn more about Friederike Ernst, co-founder of Gnosis.
Investments spanned various sectors, including DeFi, gaming, and ecosystem-specific projects. The acquisition will help HQ.xyz expand its on-chain business account platform. It’s a strategic move to strengthen Gnosis’s position in the Web3 space.
Other notable projects also secured funding. Perpl, a DeFi platform, raised $8.25 million.The round was led by Dragonfly, Erzonia, and Brevan Howard. KYD Labs, a factoring protocol for venues, raised $7.1 million in a Seed round. CSX, Finality Capital Partners, and Ambush backed the funding.
Turtle Club and XP (Captain Labs), both ticketing platforms, each secured $6.2 million in Seed rounds. delphi Digital, SIG, and Consensys invested in Turtle Club, while BlockChange, Neon, and Reflexive backed XP.
Smaller projects also gained traction.Nirvana Labs and TrendX raised $6 million and $5.2 million, respectively. XSY (Unity) secured $5 million in Series A funding. DoubleUp and Vinanz each raised $4 million, with Giza securing $2.2 million for its AI and Ethereum ecosystem initiatives.
