Crypto Funding Frenzy: Bullish Strikes Gold, Story Protocol Makes Waves!

Oh, darling, hold onto your hats! The crypto funding scene has come back to life with a bang this week, as nearly $1.5 billion has been splashed across 18 projects-one of which has made quite the entrance, stealing the limelight like a diva at a gala! 🎉

Enter Bullish, the exchange that’s practically dripping in Peter Thiel’s charm, pricing its much-anticipated NYSE debut at a delightful $37 a share and raking in a staggering $1.1 billion. Meanwhile, the finance and infrastructure sectors are having their moment in the sun, with Story Protocol’s $220 million token-driven partnership with Heritage Distilling making waves, alongside fresh rounds for cybersecurity darling 1Kosmos and the ever-so-chic payments gateway, Transak. 💸

Now, let’s dive into the juicy details of who’s raised what, and where the investors are placing their bets next, courtesy of our ever-so-reliable Crypto Fundraising data.

Bullish

  • Oh, sweet Bullish! Priced its IPO at a delightful $37 per share, exceeding all expectations and giving the crypto exchange a fabulous $5.4 billion valuation, with a little help from its friends at JPMorgan, Jefferies, and Citigroup. 💁‍♂️
  • The upsized $1.1 billion raise sold a whopping 30 million shares, buoyed by the insatiable demand from investors, including the likes of BlackRock and Cathie Wood’s Ark Invest. Talk about a party! 🎊
  • Trading under the glamorous ticker BLSH on the NYSE, this deal marks a triumphant return for Bullish after its 2022 SPAC collapse, now backed by the ever-dashing Peter Thiel and led by the charming ex-NYSE chief Tom Farley. Bravo! 👏

Story Protocol (PIP Labs)

  • Heritage Distilling (Nasdaq: CASK) has become the first U.S.-listed company to adopt Story Protocol’s IP token as a reserve asset, holding a staggering 52.5 million tokens worth a jaw-dropping $361 million. Who knew distilling could be so lucrative? 🥃
  • This move includes a $220 million private placement of cash and tokens, with a cheeky $82 million allocated to purchase IP directly from the Story Foundation at a mere $3.40 per token. What a steal! 💰
  • Heritage will also raise $100 million via stock and warrants, with added token contributions from strategic partners and major crypto investors. It’s a veritable buffet of funding! 🍽️

1Kosmos

  • 1Kosmos has raised a delightful $57 million in a Series B round. Cheers to that! 🥂
  • Investors include the ever-so-esteemed Forgepoint Capital, Silvertech Ventures, and Daher Capital. Quite the guest list! 🎩
  • This project is a cybersecurity platform that offers identity-first authentication solutions. Because who doesn’t want to feel secure while browsing cat memes? 🐱

1Kosmos has raised $57M in Series B funding, bringing our total to $72M!

We’re accelerating innovation in AI-powered fraud detection, privacy-first digital wallets & cross-platform credential portability.

Read more 👉

– 1Kosmos (@1KosmosBlockID) August 15, 2025

Sui (Mysten Labs)

  • Gathered a modest $20 million in an Unknown round. Mysterious, isn’t it? 🕵️‍♂️
  • The investment was backed by Hill City Ventures. A fine choice, indeed! 🏙️
  • Sui (SUI) has raised a total of $415.45 million so far. Quite the haul! 💼

Neon Machine (Shrapnel)

  • Neon Machine raised $19.5 million in an Unknown round. The suspense is killing me! 😱
  • Investors include Gala Games, Griffin Gaming Partners, and Polychain Capital. A veritable who’s who of the gaming world! 🎮
  • The project has raised a total of $57 million so far. Not too shabby! 💵

Shrapnel Raises $19.5M to Fuel Global Launch (via @decryptmedia) ⤵️

– SHRAPNEL (@playSHRAPNEL) August 13, 2025

Transak

  • Secured a charming $16 million in a Strategic round. How strategic indeed! 🧠
  • Transak is a web3 payments infrastructure provider. Because who doesn’t love a little infrastructure? 🏗️
  • The investment was backed by IDG Capital, Tether, and Prism Capital. A trio of titans! 💪

Money is changing and we’re enabling it!

Thrilled to announce our $16M strategic round to scale stablecoin payments, led by @Tether_to and @IDGCapital

Read more on our blog 👉

– Transak (@Transak) August 12, 2025

Projects > $15 million

  • USD AI (Permian Labs), $13.4 million in a Series A round. A promising start! 🌟
  • Mesh (ex Front Finance), $9.5 million. Not too shabby! 🧩
  • Hyperbeat, $5.2 million in a Seed round. Growing up so fast! 🌱
  • Bitlayer, $5 million in a Public sale. A public affair! 🎤
  • HoneyCoin, $4.9 million. Sweet as honey! 🍯
  • HackQuest, $4.1 million in a Series A round. A quest worth taking! 🏰
  • HolmesAI, $3 million in a Seed round. Elementary, my dear Watson! 🕵️‍♀️
  • Riva Money, $3 million in a Pre-seed round. A promising future! 🌈
  • PublicAI, $2 million in a Public sale with a $70 million fully diluted valuation. Quite the valuation! 💎
  • XMAQUINA, $315,000 in a Public sale with a $45 million fully diluted valuation. A little engine that could! 🚂
  • ODX (ex Ordinox), $260,640. A modest sum! 💸
  • Silo Labs, $122,500. Every penny counts! 🪙

Read More

2025-08-16 23:14