Happy Friday! Here are the 5 most interesting crypto fundraises for the week ending 6/6/25:

3. IOST

Modular RWA infrastructure IOST raised a $21M Strategic round from DWF Labs, Presto Labs, and Rollman Management Digital

IOST is multi-chain Web3 infra focused on real-world asset (RWA) tokenization and includes a high-performance L1, EVM-compatible subnets, and a permissionless deployment model tailored to real-world asset issuance and compliant DeFi.

RWAs so hot right now.

2. 3Jane

Uncollateralized DeFi lending platform 3Jane raised $5.2M in a Seed round led by Paradigm with participation from Wintermute Ventures, Coinbase Ventures, and many others.

3Jane is a credit-based money market protocol on Ethereum that enables algorithmic, real-time unsecured USDC credit lines for yield farmers, traders, businesses, and AI agents by underwriting against verifiable financial proofs - including DeFi, CEX, bank assets, and future cash flows - instead of requiring on-chain collateral.

Uncollateralized onchain lending is the holy grail…and 3Jane uses a form of onchain reputation for their loans!

1. Shards Protocol

On-chain reputation and rewards protocol Shards Protocol (Aura) raised $2M from Animoca Brands, Kyber Ventures, Yield Guild Games (YGG), and others.

Shards Protocol is developing Aura, a decentralized reputation layer for Web3 that captures and analyzes users' on-chain activities, such as staking, trading, and community participation, to generate visible, verifiable reputation scores and unlock rewards.

If onchain reputation can be solved, so much can be unlocked.