{"id":16431,"date":"2025-11-22T14:56:07","date_gmt":"2025-11-22T14:56:07","guid":{"rendered":"https:\/\/bitunikey.com\/news\/crypto-vc-funding-kalshi-dominates-with-1b-investment-kraken-bags-200m\/"},"modified":"2025-11-22T14:56:11","modified_gmt":"2025-11-22T14:56:11","slug":"crypto-vc-funding-kalshi-dominates-with-1b-investment-kraken-bags-200m","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/crypto-vc-funding-kalshi-dominates-with-1b-investment-kraken-bags-200m\/","title":{"rendered":"Crypto VC Funding: Kalshi dominates with $1B investment, Kraken bags $200M"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">The week of November 16-22, 2025, recorded $1.42 billion in crypto VC funding across 16 projects.<\/p>\n<div id=\"cn-block-summary-block_42a45b5b3ee652fee84bd375ef40c35e\" 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>Crypto VC funding hit $1.42B across 16 deals, led by Kalshi\u2019s huge $1B raise.<\/li>\n<li>Kraken added $200M at a $20B valuation, while Doppel raised $70M in Series C.<\/li>\n<li>Smaller rounds included WizzWoods ($10M), Solomon Labs ($8M), and RateX ($7M).<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>As per the data, Kalshi\u2019s $1 billion raise led this strong funding period that featured multiple nine-figure investments across trading platforms and infrastructure ventures.<\/p>\n<p>Here\u2019s a breakdown of this week\u2019s crypto VC activity as per <a rel=\"nofollow\" target=\"_blank\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/crypto-fundraising.info\/deal-flow\/?start_date=2025-11-16&amp;end_date=2025-11-22&amp;sortby=raised&amp;sort=desc&amp;filter=closed\">Cryptofundraising data<\/a>:<\/p>\n<h2 class=\"wp-block-heading\">Kalshi<\/h2>\n<ul class=\"wp-block-list\">\n<li>Kalshi raised $1 billion in an unknown round<\/li>\n<li>Fully diluted valuation of $11 billion<\/li>\n<li>The investment was backed by Sequoia, CapitalG, and AI6Z<\/li>\n<li>The regulated prediction market exchange has raised $1.52 billion so far<\/li>\n<\/ul>\n<h2 class=\"wp-block-heading\">Kraken<\/h2>\n<ul class=\"wp-block-list\">\n<li>Secured $200 million in an unknown round<\/li>\n<li>Kraken has a fully diluted valuation of $20 billion<\/li>\n<li>The investment was backed by Haun Ventures<\/li>\n<li>Part of $800 million total fundraising across two tranches for global expansion<\/li>\n<\/ul>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">Doppel<\/h2>\n<ul class=\"wp-block-list\">\n<li>Doppel raised <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.doppel.com\/blog\/doppel-series-c\" target=\"_blank\" rel=\"nofollow\">$70 million<\/a> in a Series C round<\/li>\n<li>Investors include Bessemer Venture Partners, AI6Z, and South Park Commons<\/li>\n<li>The AI-powered digital risk protection platform has raised $124 million so far<\/li>\n<\/ul>\n<h2 class=\"wp-block-heading\">Obex<\/h2>\n<ul class=\"wp-block-list\">\n<li>Obex bagged $37 million in an unknown round<\/li>\n<li>Investment was backed by Framework, LayerZero Labs, and Sky<\/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\">1\/ We\u2019ve officially raised $37M in a round led by <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/hiFramework?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">@hiFramework<\/a>, <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/LayerZero_Core?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">@LayerZero_Core<\/a>, and <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/SkyEcosystem?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">@SkyEcosystem<\/a>.<\/p>\n<p>$2.5B will also be deployed by Sky into projects incubated by Obex.<\/p>\n<p>Our mission: Provide teams with capital to launch innovative, yield-seeking stablecoin projects on Sky.<\/p>\n<p>\ud83e\uddf5\ud83d\udc47 <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/t.co\/2mjYMRLvGy\">pic.twitter.com\/2mjYMRLvGy<\/a><\/p>\n<p>\u2014 Obex (@obexincubator) <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/obexincubator\/status\/1990820932563116064?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">November 18, 2025<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<h2 class=\"wp-block-heading\">Deblock<\/h2>\n<ul class=\"wp-block-list\">\n<li>Deblock raised $35 million in a Series A round<\/li>\n<li>Investors include Speedinvest, Commerz Ventures, and Latitude<\/li>\n<li>The crypto wallet has raised $63.81M 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\">Today, we\u2019re excited to announce our \u20ac30m Series A funding round.<\/p>\n<p>Led by <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/speedinvest?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">@speedinvest<\/a> , along with <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/commerzventures?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">@commerzventures<\/a> and Latitude, and supported by existing investors Shapers, <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/HeadlineVC?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">@HeadlineVC<\/a>, Chalfen Ventures, and <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/triton_xyz?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">@triton_xyz<\/a> (formerly Kraken Ventures), this round will enable us to\u2026 <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/t.co\/4nn3oVWjYi\">pic.twitter.com\/4nn3oVWjYi<\/a><\/p>\n<p>\u2014 Deblock (@DeblockApp) <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/DeblockApp\/status\/1991074457683632225?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">November 19, 2025<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<h2 class=\"wp-block-heading\">Numerai<\/h2>\n<ul class=\"wp-block-list\">\n<li>Secured $30 million in a Series C round<\/li>\n<li>Numerai has a fully diluted valuation of $500 million<\/li>\n<li>Investment was backed by Union Square Ventures and Shine Capital<\/li>\n<li>The project has raised $51.5 million so far<\/li>\n<\/ul>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">Projects Under $30 Million<\/h2>\n<ul class=\"wp-block-list\">\n<li>WizzWoods, <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/wizzwoodsgame\/status\/1990618467960295668\" target=\"_blank\" rel=\"nofollow\">$10 million<\/a> in a series A round<\/li>\n<li>Solomon Labs, <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/metadaoproject\/status\/1990857542533365870\" target=\"_blank\" rel=\"nofollow\">$8 million<\/a> in a public sale with $20.64 million fully diluted valuation<\/li>\n<li>RateX, <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.finsmes.com\/2025\/11\/ratex-raises-10-4m-in-funding.html\" target=\"_blank\" rel=\"nofollow\">$7 million<\/a> in a strategic round<\/li>\n<li>Immunefi, $5 million in a public sale with $133.70 million fully diluted valuation<\/li>\n<li>HelloTrade, <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/hellotradeapp\/status\/1991496917919101388\" target=\"_blank\" rel=\"nofollow\">$4.6 million<\/a> in a seed round<\/li>\n<li>BOB (Build on Bitcoin), <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/build_on_bob\/status\/1990795978295668858\" target=\"_blank\" rel=\"nofollow\">$4.2 million<\/a> in a public sale<\/li>\n<li>0xbow, <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/0xbowio\/status\/1990866458570862889\" target=\"_blank\" rel=\"nofollow\">$3.5 million<\/a> in a seed round<\/li>\n<li>ZENi, $1.5 million in a seed round<\/li>\n<li>Mu Digital, <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/MuDigitalHQ\/status\/1991324099302592814\" target=\"_blank\" rel=\"nofollow\">$1.5 million<\/a> in an unknown round<\/li>\n<li>Vooi, $1.25 million in a public sale<\/li>\n<\/ul>\n<p>Read our last week\u2019s crypto VC funding report from here.<\/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>The week of November 16-22, 2025, recorded $1.42 billion in crypto VC funding across 16 projects. Summary Crypto VC funding hit $1.42B across 16 deals, led by Kalshi\u2019s huge $1B&hellip;<\/p>\n","protected":false},"author":1,"featured_media":8657,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-16431","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\/16431","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=16431"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/16431\/revisions"}],"predecessor-version":[{"id":16432,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/16431\/revisions\/16432"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/8657"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=16431"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=16431"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=16431"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}