Crypto Funding Surges to $1.06B in a Week
the week of October 12-18, 2025, witnessed a massive $1.059 billion in crypto funding across 22 projects. Tempo’s $500 million Series A round led the pack.
Tempo, a Layer 1 blockchain focused on payments, secured $500 million in Series A funding. This round values the project at $5 billion. Notable investors include Gray Wolf, Thrive Capital, and Sequoia.
Kraken, a major crypto exchange, acquired SMALL Exchange for $100 million. This deal allows Kraken to offer regulated crypto derivatives in the U.S. It follows previous acquisitions like NinjaTrader and Crypto Facilities.
Daylight Energy raised $75 million to build a decentralized energy network. The project aims to make electricity more affordable and reliable. Their Twitter post highlights the significance of this funding.
Jito, a liquid Solana staking protocol, received $50 million from ai16z. better Payment Network (BPN) also raised $50 million in a Seed round, backed by YZiLabs.
Several other projects secured funding under $50 million. These include Telcoin ($25 million), Tria ($12 million), and Inference ($11.8 million).
This week’s funding activity shows that payment infrastructure and trading platforms are attracting critically important investor interest.
