In March 2025, 125 projects in the Web3 and blockchain sectors received funding, with $3.33 billion raised by 96 companies. The largest share of funding, amounting to $2 billion, was received by the cryptocurrency exchange Binance from the UAE-based investment company MGX. This deal became the largest investment in a crypto company and the first contribution from an institutional investor.
This is reported by Finway
Top 5 projects by funds raised
Among other projects that also received significant investments in March, the following stand out:
- MoonPay: $200 million – the infrastructure provider secured a revolving credit line from Galaxy to meet the growing demand for liquidity.
- Walrus Foundation: $140 million – funds were raised through a private token sale to support a decentralized data storage protocol.
- Canaan: $100 million – the mining equipment manufacturer raised funds from an institutional investor through a Series A-1 stock issuance.
- Metaplanet: $87 million – the Japanese investment company received funding to purchase bitcoins for its reserves.
However, many projects that received funding chose not to disclose the details of their deals, including dev.fun, Staex, Ivorypay, and others.
Deal with OpenAI
March also saw a significant deal in the field of artificial intelligence. OpenAI, the developer of the ChatGPT chatbot, raised $40 billion, led by the Japanese company SoftBank. This transaction became the largest private investment in the technology sector, raising the company’s valuation to $300 billion.
Among other notable deals in the field of artificial intelligence, the following are worth mentioning:
- Anthropic: $3.5 billion – the company raised investments for the development of AI systems and international expansion.
- Shield AI: $240 million – the startup received capital for the development of AI systems in defense and security.
- Turing: $111 million – investments will go towards research and development in AI.
In March 2025, investors demonstrated activity, focusing on the blockchain infrastructure and services sector. It is important to note that by the end of the month, several new projects also secured funding, including the Italian media company Be Water, which raised $10.8 million for the development of technological infrastructure.
Stay tuned to Incrypted for the latest news on investments in the digital industry.