Crypto VC Funding Surges: Kraken Acquires NinjaTrader, MoonPay Secures $200M
A Booming Week for Crypto Investments
The third week of March 2025 witnessed significant venture capital funding in the crypto space, with Kraken acquiring NinjaTrader for $1.5 billion and MoonPay securing $200 million for its payment infrastructure.
- According to Crypto Fundraising, total investments surpassed $2 billion, reflecting strong interest in trading tools, storage solutions, and payment infrastructure.
- This surge highlights the growing demand for innovative financial technologies in the crypto ecosystem.
Kraken’s $1.5 Billion NinjaTrader Acquisition
Kraken, one of the largest crypto exchanges, acquired NinjaTrader in a deal worth $1.5 billion, marking a major move in trading analytics.
- The acquisition will expand Kraken’s analytical capabilities, enhancing its trading infrastructure.
- With NinjaTrader’s expertise, Kraken aims to develop advanced trading tools, catering to professional traders and institutions.
MoonPay Secures $200 Million in Credit Line
MoonPay, a leading payment infrastructure company, received a $200 million revolving credit line from Galaxy, a prominent crypto-focused financial firm.
- This funding brings MoonPay’s total raised capital to $1.16 billion, solidifying its position in the crypto payments sector.
- The investment will fuel MoonPay’s efforts to build seamless payment and trading solutions for the Web3 ecosystem.
Other Major Crypto VC Investments
Walrus Secures $140 Million for Storage Solutions
Walrus, a project focused on blockchain storage, raised $140 million in an undisclosed funding round, achieving a $2 billion FDV.
- The investment was led by Standard Crypto, a16z crypto, and Electric Capital.
- Walrus is building next-generation storage solutions within the Sui ecosystem, enhancing blockchain efficiency.
VIA Raises $28 Million in Series B
VIA, a blockchain project backed by Bosch Ventures, BMW i Ventures, and MassMutual Ventures, secured $28 million in Series B funding.
- This brings VIA’s total funding to $45.15 million, reflecting strong institutional backing.
- The company focuses on decentralized energy trading and data-sharing solutions.
Crossmint Secures $23.6 Million for NFT Payments
Crossmint, a provider of NFT payment infrastructure, raised $23.6 million in Series A funding.
- The investment was supported by Ribbit Capital, Franklin Templeton, and Nyca.
- The funds will enhance Crossmint’s ability to streamline NFT purchases, making them more accessible.
Halliday Raises $20 Million for Gaming Payments
Halliday, a blockchain-based gaming payment infrastructure provider, secured $20 million in Series A funding.
- Backers include a16z crypto, Ron Conway’s SVA Angel, and Blizzard.
- The company has now raised a total of $26 million, aiming to revolutionize in-game payments.
Utila Secures $18 Million for Multichain Wallets
Utila, a security-focused crypto wallet provider, raised $18 million in Series A funding.
- Investors include Nyca Partners, Wing Venture Capital, and NFX.
- Utila is developing multichain security wallets, having raised $29.5 million in total funding.
SlingShot DAO Raises $16 Million
SlingShot DAO, a decentralized autonomous organization, secured $16 million in an undisclosed round.
- The round was led by Dragonfly, Animoca Brands, and DCG.
- With $19 million raised so far, the project aims to enhance DAO governance tools.
Privy Gains $15 Million in Fresh Funding
Privy, a blockchain privacy startup, raised $15 million from Ribbit Capital, Sequoia, and Paradigm.
- The company has now secured $33 million in total funding.
- The investment will support Privy’s mission to strengthen privacy infrastructure in Web3 applications.
Notable Crypto VC Rounds Below $10 Million
Several smaller projects also secured funding, focusing on AI, gaming, DeFi, and real-world assets.
- Ephyra ($10.5M): AI-powered gaming on play-to-earn (P2E) platforms.
- Yeet ($7.75M): P2E gaming built on Berachain.
- Pluralis Research ($7.6M): AI infrastructure development.
- Uranium Digital ($6.1M): Tokenization of real-world assets on Solana.
- ABEX ($6M): Financial asset management solutions.
- Soluna, Opinion Labs, Hibachi ($5M each): Various blockchain innovations.
- Stable Sea ($3.5M): Stablecoin payment solutions.
- Redacted ($3.01M, $70M FDV): Blockchain-based entertainment platforms.
- Level Protocol ($2.6M): Stablecoin infrastructure.
- Manifest Finance ($2.5M): Real-world asset tokenization.
- Stoffel MPC ($1.6M): Privacy infrastructure solutions.
- Oro ($1.5M): Real-world assets on Solana.
- Kamigotchi ($1.3M): P2E gaming ecosystem.
- Bedrock ($1.25M, $25M FDV): DeFi staking solutions.
- NeuronX ($1M): AI-driven lending platforms.
A Strong Signal for Crypto’s Future
The massive influx of venture capital into crypto projects this week underscores the industry’s growing momentum.
- With major acquisitions like Kraken’s NinjaTrader deal and MoonPay’s $200M funding, institutional investors continue to pour money into blockchain infrastructure.
- As trading platforms, payment systems, and storage solutions evolve, the crypto space is positioning itself for mainstream adoption.
The next phase of blockchain innovation may be shaped by these investments, driving decentralization, financial inclusion, and Web3 adoption on a global scale.
