Mike
@mikewchan
Happy Friday! Here are the 5 most interesting crypto fundraises (according to me) for the week ending 6/20/25:
1 reply
0 recast
1 reaction
Mike
@mikewchan
1. Project Eleven Quantum computing security firm Project Eleven raised $6M in a round led by Variant Fund and Quantonation, with participation from Castle Island Ventures. Project Eleven is focused on developing post-quantum cryptographic tools to protect Bitcoin and other digital assets from the threats posed by future quantum computers Its first product, Yellowpages, is a cryptographic registry enabling users to link current Bitcoin addresses to quantum-safe ones without on-chain transactions. Trillions worth of crypto will need protection from quantum!
1 reply
0 recast
0 reaction
Mike
@mikewchan
2. PrismaX Base layer for robotics PrismaX raised $11M in a funding round led by a16z Crypto Startup Accelerator with participation from Volt Capital, Blockchain Builders Fund (BBF), and others. PrismaX is building an ecosystem for real-world robotics that validates and incentivizes large-scale visual data and AI models to power autonomous robots. The intersection of crypto, AI, and robotics is gonna be massive.
1 reply
0 recast
0 reaction
Mike
@mikewchan
3. Uptopia Launchpad and discovery platform for games Uptopia raised $4M in a Pre-seed round led by Pantera Capital with participation from The Spartan Group, Coinbase Ventures, and many others. Uptopia helps games bootstrap liquidity & attention from gaming-native audiences onchain. Built on Base, Uptopia launches game coins to help games be discovered and build communities. Web3 gaming is definitely broken, and Uptopia aims to fix it in a unique way.
1 reply
0 recast
0 reaction
Mike
@mikewchan
4. Ubyx Stablecoin clearing system Ubyx raised $10M in a Seed round led by Galaxy Digital with participation from Coinbase Ventures, Founders Fund, and many others. Ubyx aims to solve the issue of stablecoin fragmentation by building a common clearing system that would allow stablecoins from multiple issuers to be redeemed at face value into bank or fintech accounts. There will be thousands of stablecoins and Ubyx will make them all interoperable.
1 reply
0 recast
0 reaction
Mike
@mikewchan
5. Eigen Labs Blockchain trust and verifiability platform Eigen Labs raised $70M in a token round from a16z crypto. They will use these funds for EigenCloud, a new developer platform designed to bring blockchain-grade trust and verifiability to both on- and off-chain applications by leveraging the EigenLayer restaking protocol. Huge raise and big product launch!
1 reply
0 recast
0 reaction
