Crypto VC Funding: AlloyX Limited dominates with $350m deal

by Louvenia Conroy

Crypto enterprise funding surged previous $700 million closing week, driven by a blockbuster $350 million M&A deal and a wave of AI- and infrastructure-focused projects.

From Aug. 31 to Sept. 6, 13 crypto ventures collectively raised $709.6 million, with AlloyX Small’s M&A transaction main the pack. Infrastructure platforms and AI-powered startups, including Kite AI, Aria Protocol, and Everlyn, dominated funding rounds, highlighting investors’ rising scramble for food for scalable blockchain solutions and synthetic intelligence capabilities.

Summary
  • Crypto VC funding hit $709.6m throughout 13 projects from Aug 31–Sept 6.
  • AlloyX’s $350m M&A deal became once potentially the most attention-grabbing, driving infrastructure scream.
  • AI-focused projects treasure Kite AI, Aria Protocol, and Everlyn raised capital.

Right here’s a detailed breakdown of this week’s crypto funding trends as per Crypto Fundraising files:

AlloyX Small

  • Raised $350 million by M&A
  • AlloyX is a price infrastructure and stablecoin platform

Thanks to @YahooFinance for featuring the milestone merger between AlloyX and @Solowin_ . This marks a actually indispensable step in our mission to come compliant stablecoin infrastructure and RWA tokenization throughout Asia and beyond.https://t.co/KdZlORmgIW

— AlloyX (@AlloyX_Limited) September 6, 2025

Etherealize

  • Etherealize, an institutional business vogue firm, secured $40 million in an unknown round
  • Consumers consist of Electrical Capital, Paradigm, and Vitalik Buterin
You also can treasure: SEC proclaims inaccurate-border activity power to fight fraud

Utila

  • Utila, a non-custodial pockets platform, now has $22 million in a Sequence A round ($51.5 million entire)
  • It’s backed by Redstone Endeavor Capital, Nyca Partners, and Cruise VC

🚀 Spacious News: Utila Secures $22M Sequence A Extension! 🚀

We’re cheerful to scream that Utila has raised a further $22 million in Sequence A extension funding, bringing our entire Sequence A to $40 million and virtually tripling our valuation in true six months.

This extension… pic.twitter.com/xwFyyv04aE

— Utila (@utila_io) September 3, 2025

Kite AI

  • Kite AI, an EVM-like minded Layer 1 blockchain, gathered $18 million in a Sequence A round
  • Consumers consist of Immersion Ventures, Overall Catalyst, and 8VC

Aria Protocol

  • Aria Protocol raised $15 million in a Seed round
  • Polychain Capital, Neoclassic, and Fable Protocol took allotment in the fundraise
You also can treasure: SEC below fireplace after Gary Gensler’s texts wiped throughout FTX give contrivance

Everlyn

  • Everlyn secured $15 million from Mysten Labs, Selini, and Nesa
  • The startup has a fully diluted valuation of $250 million

We’ve raised $15M to this level to accept as true with the vogue forward for cinematic, on-chain video. 🌀

As we snarl, we’re cheerful to welcome @Mysten_Labs, creators of Sui, as investors in Everlyn becoming a member of its $250M valuation round.

They be half of a stable lineup: powerhouse investors treasure Baseline (Emirates),… pic.twitter.com/12IRjl6Khw

— Everlyn (@Everlyn_ai) August 31, 2025

Tasks > $15 Million

  • RISC Zero (Boundless), $13.7 million in a Public sale with $290 million fully diluted valuation
  • Tangany, $11.64 million in a Sequence A round
  • Plural, $7.13 million in a Seed round
  • Kea, $7 million in a Seed round with $47 million fully diluted valuation
  • Replicate, $3.75 million in a Seed round
  • Wildcat Labs, $3.5 million in a Seed round
  • Maiga AI, $2 million in a Strategic round
Learn more: Ether can flip Bitcoin, Tom Lee says: What are the possibilities he’s valid?

Related Posts