Venture capital activity in the crypto space has seen a significant rebound this month, with total investments crossing $1.5 billion by June 20, according to DeFiLlama data.
This marks the strongest monthly performance since March 2025 and signals growing confidence in blockchain startups after a quieter second quarter.
The raised funds are more than double the $624 million recorded in May, making June the second-highest month for funding in 2025.
However, the final tally could go even higher before the end of the month.
Without Circle’s IPO, the total raised in June would have hovered around $400 million.
However, the broader wave of funding underlines a growing appetite among investors to back crypto innovations amid improving sentiment in the digital asset space.
The venture capital firm a16z also led a $33 million investment in Yupp, a platform helping users discover and test AI models for free.
