{"id":14337,"date":"2025-10-25T18:32:06","date_gmt":"2025-10-25T18:32:06","guid":{"rendered":"https:\/\/bitunikey.com\/news\/crypto-vc-funding-coinbase-acquires-echo-for-375m-pave-bank-raises-39m\/"},"modified":"2025-10-25T18:32:14","modified_gmt":"2025-10-25T18:32:14","slug":"crypto-vc-funding-coinbase-acquires-echo-for-375m-pave-bank-raises-39m","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/crypto-vc-funding-coinbase-acquires-echo-for-375m-pave-bank-raises-39m\/","title":{"rendered":"Crypto VC funding: Coinbase acquires Echo for $375m, Pave Bank raises $39m"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Crypto venture capital activity has been brisk in recent months, with both established players and emerging projects securing significant funding to fuel the next wave of blockchain innovation. <\/p>\n<p class=\"is-style-default\">The week of October 19-25 recorded $587.92 million in crypto VC funding across 22 projects.<\/p>\n<div id=\"cn-block-summary-block_6949bacfa0de07f71626fec3d523d0f7\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>The crypto VC landscape remains dynamic, as platforms like Echo, Pave Bank, and Bluwhale attract millions in funding from major investors. <\/li>\n<li>In addition to these high-profile raises, a variety of smaller projects across sectors, including token distribution and decentralized finance, have also secured crucial early-stage investments. <\/li>\n<li>Pave Bank, EthSign, Bluwhale, and BitcoinOS also raised major rounds. These deals highlight the growing confidence in crypto\u2019s long-term potential, despite the volatility in the broader market.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>From Coinbase\u2019s acquisition of Echo for $375 million to the steady stream of Series A and seed rounds backing on-chain infrastructure and digital finance platforms, investment in the space shows no signs of slowing.<\/p>\n<p>Here\u2019s a list of this week\u2019s crypto funding activity according to <a rel=\"nofollow\" target=\"_blank\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/crypto-fundraising.info\/deal-flow\/?start_date=2025-10-19&amp;end_date=2025-10-25&amp;sortby=raised&amp;sort=desc&amp;filter=closed\">Crypto Fundraising data<\/a>.<\/p>\n<h3 class=\"wp-block-heading\">Echo<\/h3>\n<ul class=\"wp-block-list\">\n<li>Coinbase continued its buying spree, offering $375 million for Echo<\/li>\n<li>Echo is a community-based on-chain investment platform<\/li>\n<li>This is the fifth major deal Coinbase announced in 2025. In January, it acquired Stryk, a Cyprus-based unit of BUX specializing in contract-for-difference (CFD) trading services for European residents. The same month, Coinbase also purchased Spindl, a San Francisco startup developing a blockchain-based attribution system to help businesses drive user growth. In May, the company acquired Deribit, a Netherlands-based cryptocurrency derivatives exchange. By July, Coinbase added Liquifi, a San Francisco startup focused on automating token vesting and lockups. Financial terms for the acquisitions were not disclosed.<\/li>\n<\/ul>\n<h3 class=\"wp-block-heading\">Pave Bank<\/h3>\n<ul class=\"wp-block-list\">\n<li>Pave Bank secured $39 million in a Series A round<\/li>\n<li>Backed by Accel, Tether, and Wintermute Ventures<\/li>\n<li>The project has raised $44.2 million so far<\/li>\n<\/ul>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h3 class=\"wp-block-heading\">Sign (Ethsign)<\/h3>\n<ul class=\"wp-block-list\">\n<li>Raised $25.5 million in an Unknown round<\/li>\n<li>Investors include YZiLabs and IDG Capital<\/li>\n<li>Sign is an on-chain infrastructure for token distribution and has raised $54.15 million so far<\/li>\n<\/ul>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Sign Secures $25.5M Strategic Investment Led by YZi Labs <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/yzilabs?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">@yzilabs<\/a>, with IDG Capital <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/IDGCapital?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">@IDGCapital<\/a>  Participation to Build Blockchain Infrastructure for Global Nations <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/t.co\/KHJLRmS9WO\">pic.twitter.com\/KHJLRmS9WO<\/a><\/p>\n<p>\u2014 Sign (@ethsign) <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/ethsign\/status\/1980630474692423922?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">October 21, 2025<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<h3 class=\"wp-block-heading\">Bluwhale<\/h3>\n<ul class=\"wp-block-list\">\n<li>Bluwhale <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.globenewswire.com\/news-release\/2025\/10\/22\/3170933\/0\/en\/Bluwhale-Secures-10-Million-Strategic-Series-A-in-Institutional-Funding.html\" target=\"_blank\" rel=\"nofollow\">gathered<\/a> $10 million in a Series A round<\/li>\n<li>Investment was backed by UOB, PAID Network, and Spartan Capital<\/li>\n<\/ul>\n<h3 class=\"wp-block-heading\">BitcoinOS<\/h3>\n<ul class=\"wp-block-list\">\n<li>BitcoinOS Raised $10 million in an Unknown round<\/li>\n<li>Investors include Green Assets, Falcon X, and DNA Fund<\/li>\n<\/ul>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">BOSes. Our $10M investment round led by <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/greenfield_cap?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">@greenfield_cap<\/a> marks a major step toward building programmable BTC on Bitcoin, to be delivered for DeFi across all of our partner chains.  <\/p>\n<p>Grateful to our investors <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/FalconXGlobal?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">@FalconXGlobal<\/a>, <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/scottwalker99?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">@scottwalker99<\/a> (DNA Fund), <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/brockpierce?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">@brockpierce<\/a> (DNA Fund),\u2026 <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/t.co\/4i0JVQlGkO\">pic.twitter.com\/4i0JVQlGkO<\/a><\/p>\n<p>\u2014 BOS (@BTC_OS) <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/BTC_OS\/status\/1981015613297381610?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">October 22, 2025<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<h3 class=\"wp-block-heading\">Projects Under $10 Million<\/h3>\n<ul class=\"wp-block-list\">\n<li>Limitless, <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/trylimitless\/status\/1980276402147545315\" target=\"_blank\" rel=\"nofollow\">$9 million<\/a> in a Seed round<\/li>\n<li>DepinSim, <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/depinsim\/status\/1981647124954587382\" target=\"_blank\" rel=\"nofollow\">$8 million<\/a> in a Strategic round<\/li>\n<li>Nubila Network, <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/nubilanetwork\/status\/1980277921412784326\" target=\"_blank\" rel=\"nofollow\">$8 million<\/a> in a Seed round<\/li>\n<li>Pieverse, <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/pieverse_io\/status\/1981631182518571281\" target=\"_blank\" rel=\"nofollow\">$7 million <\/a>in a Strategic round<\/li>\n<li>METYA, <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/metyacom\/status\/1980305510013521932\" target=\"_blank\" rel=\"nofollow\">$6 million<\/a> in an Unknown round<\/li>\n<li>Turtle, <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/turtledotxyz\/status\/1980267586584543711\" target=\"_blank\" rel=\"nofollow\">$5.5 million<\/a> in a Strategic round<\/li>\n<li>Open Campus, <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/opencampus_xyz\/status\/1980244270138474795\" target=\"_blank\" rel=\"nofollow\">$5 million<\/a> in a Strategic round<\/li>\n<li>TBook, $5 million in an Unknown round<\/li>\n<li>ME3 (Gacha Galaxy), $3 million in an Unknown round<\/li>\n<li>Loyal, <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/loyal_hq\/status\/1981131260421689522\" target=\"_blank\" rel=\"nofollow\">$2.5 million<\/a> in a Public sale with $5.24 million fully diluted valuation<\/li>\n<li>Lit Protocol, <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/spark.litprotocol.com\/lit-protocol-reaches-17m-in-total-funding\/\" target=\"_blank\" rel=\"nofollow\">$2.5 million<\/a> in an Unknown round<\/li>\n<li>Printr, <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/printrgobrrr\/status\/1980593273396949091\" target=\"_blank\" rel=\"nofollow\">$2 million<\/a> in a Seed round<\/li>\n<li>Rayls (Parfin), <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/raylslabs\/status\/1980550786154422519\" target=\"_blank\" rel=\"nofollow\">$1.75 million<\/a> in a Public sale<\/li>\n<li>Kinetiq, <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/kinetiqfnd\/status\/1981005145908392376\" target=\"_blank\" rel=\"nofollow\">$1.75 million<\/a> in a Seed round<\/li>\n<li>dm fun (Metrica Labs), <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/dmdotfun\/status\/1981077717148647839\" target=\"_blank\" rel=\"nofollow\">$1.5 million<\/a> in a Public sale<\/li>\n<li>Entry (ex Zekret Protocol), $1 million in a Pre-seed round<\/li>\n<li>ZKLSOL (Zero Knowledge SOL), <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/metadaoproject\/status\/1981594132414947351\" target=\"_blank\" rel=\"nofollow\">$969,420<\/a> in a Public sale with $2.5 million fully diluted valuation<\/li>\n<\/ul>\n<p>    <!-- .cn-block-related-link --><\/p>\n<\/p><\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Crypto venture capital activity has been brisk in recent months, with both established players and emerging projects securing significant funding to fuel the next wave of blockchain innovation. The week&hellip;<\/p>\n","protected":false},"author":1,"featured_media":12092,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-14337","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/14337","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=14337"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/14337\/revisions"}],"predecessor-version":[{"id":14338,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/14337\/revisions\/14338"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/12092"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=14337"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=14337"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=14337"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}