Happy Friday! Here are the 5 most interesting crypto fundraises for the week ending 5/30/25:

1. Naoris Protocol

Decentralized post-quantum cybersecurity infra Naoris Protocol raised $3M in a Strategic funding round led by Mason Labs with participation from Frekaz Group, Level One Robotics, and Tradecraft Capital.

Naoris’ mission is to protect global digital infrastructure from existing and emerging quantum computing threats with its Sub-Zero blockchain and Decentralized Proof of Security consensus.

Quantum is coming for blockchain and Naoris is here to protect us!

2. Conduit Pay

Stablecoin payments platform Conduit Pay raised $36M in a Series A round led by Dragonfly and Altos Ventures with participation from Sound Ventures, Commerce Ventures, Circle Ventures, and others.

Conduit Pay is a cross-border payments platform that leverages stablecoins and local currencies to provide businesses with fast, cost-effective, and reliable global money transfers.

This funding will allow Conduit to enter new markets such as Asia and Mexico and support a wider range of both fiat and crypto for payments.

5. Assisterr AI

Network of specialized small language models Assisterr AI raised $2.8M from Google for Startups, Outlier Ventures, Web3com Ventures, and others.

Assisterr's innovation is in its focus on Small Language Models (SLMs) rather than the massive, general-purpose Large Language Models (LLMs) built by OpenAI, Grok, and other huge companies. SLMs are cheaper to run, easier to customize, and can be fine-tuned for highly specific tasks. 

Love the focus on smaller, specific models!

4. Donut

AI-powered crypto browser Donut raised $7M in a Pre-seed round led by BITKRAFT Ventures, Hack VC, and HongShan, with participation from Sky9 Capital, Matrix Partners, and others. 

Donut is an agentci crypto browser built on Solana that integrates a native crypto wallet and DEX access, enabling users and embedded AI agents to autonomously execute on-chain transactions such as trading, yield farming, and portfolio optimization directly from the browser. 

The importance of browsers to onboard new crypto users will be huge!

3. Asigna

Bitcoin multi-sig platform Asigna raised $3M in a Seed round led by Hivemind and Tykhe Ventures with participation from Portal Ventures, Sats Ventures, Trust Machines, and Bitcoin Frontier Fund.

Asigna is a non-custodial smart multisig vault designed for secure Bitcoin asset management, enabling teams, DAOs, and institutions to collectively manage shared Bitcoin treasuries and interact directly with Bitcoin DeFi and L2s. 

Love the growth of the Bitcoin ecosystem!