On August 31st, CoinDesk reported that Web3 startups raised $9.6 billion in the second quarter of 2025, the second-highest quarterly funding on record. Capital is rapidly converging on infrastructure projects, with median funding rounds ranging from $70 million to $112 million for projects such as validator liquidity, rollups, and hashrate networks. Meanwhile, Series A and Seed funding rounds rebounded, with private token sales performing strongly while public offerings declined significantly.
Web3 startups raised $9.6 billion in Q2, the second-highest quarterly funding on record.
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