From September 1 to 6, 2025, the crypto industry saw 27 investment rounds with a total funding volume of $665.5 million. The largest deal was the merger of AlloyX and Solowin Holdings for $350 million, along with a significant expansion of the TRON reserve.
This is reported by Finway
Key Venture Investments and New Projects
In the first week of September, 15 projects received funding in traditional venture rounds. Among them were Etherealize ($40 million) for developing Ethereum-based services, Utila ($22 million) for developing crypto wallets and APIs, and Kite AI ($18 million), which is building a decentralized infrastructure for AI agents on its own L1 blockchain.
Significant investments were also recorded for Everlyn ($15 million), Aria ($15 million), Tangany ($11.6 million), Obita ($10 million), MECCA ($8 million), Plural ($7.1 million), Kea ($7 million), Reflect ($3.75 million), Cross ENF ($3.6 million), Gigaverse ($2 million), Maiga.ai ($2 million), and LVT Protocol ($350,000).
Some companies did not disclose funding amounts but reported new investments. These include Pharos, which plans to apply blockchain for the tokenization of real assets, Sonic Labs, EchoX, Aspecta, and Pointsville, which received capital in a Series A round involving Valor and other investors.
Corporate Deals, Mergers, and TRON Expansion
The corporate sector deserves special attention. Tron Inc. replenished the TRX reserve by $110 million, receiving over 312 million tokens from its largest shareholder, Bravemorning Limited. SonicStrategy announced additional funding of $40 million as part of a Post-IPO round.
In the mergers and acquisitions space, on September 3, AlloyX announced its merger with Solowin Holdings. The deal is valued at $350 million. As a result, Solowin will integrate AlloyX technologies, including stablecoin applications and tools for tokenizing real assets.
“As part of the deal, Solowin will integrate AlloyX technologies into its structure, including a platform for stablecoin applications and tools for tokenizing real-world assets (RWA).”
RedStone acquired Credora, a company specializing in DeFi lending, with the aim of implementing standards for decentralized markets. The exchange Kraken announced the acquisition of Breakout to expand its services, though the amount of this deal has not been disclosed.
Accelerators, DAO Funding, and Investment Activity
The Encifher project was accepted into the Alliance DAO accelerator, and the Tempo blockchain launched an incubation program supported by Stripe and Paradigm, focused on economic calculations between large institutions such as Visa, Deutsche Bank, and OpenAI.
The most active investors of the week were Paradigm, Neoclassic Capital, and HashKey Capital.
Sector Distribution of Investments
Funding was directed towards blockchain service projects, infrastructure, CeFi, DeFi, GameFi, and other segments. The significant influx of capital in September reflects a strong interest in the development of blockchain infrastructure and digital financial products.
As of the end of August, the total investment volume in the sector reached $7.24 billion, indicating a stable interest in crypto assets and large corporate deals in the industry.