Mike
@mikewchan
Happy Friday! Here are the 5 most interesting crypto fundraises for the week ending 6/13/25:
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Mike
@mikewchan
1. Turnkey Crypto private key management platform Turnkey raised $30M in a Series B round led by Bain Capital Crypto with participation from Sequoia Capital, Lightspeed Faction, and others. Turnkey provides secure, flexible, and scalable wallet infrastructure, enabling developers to create wallets, sign transactions, and automate on-chain actions through a simple API. Turnkey already supports over 50 million wallets, and the funds will be used to grow even faster!
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Mike
@mikewchan
2. Noah Stablecoin cross-border payments platform Noah raised $22M in a Seed round led by LocalGlobe with participation from Felix Capital, FJ Labs, Joe Lonsdale, and David Helgason. Noah offers businesses a unified API to move money instantly, transparently, and at low cost across more than 70 countries and 50 currencies, including stables. Noah aims to render traditional SWIFT-based transfers obsolete
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Mike
@mikewchan
3. NuConstruct On‑chain orderflow execution layer NuConstruct raised $6M in a Seed round led by Cyber Fund with participation from Maven 11 Capital, Greenfield Capital, DCG, and Eden Block. Their primary product TOOL (Trustless Orderflow Operations Layer) aims to revolutionize Ethereum's transaction supply chain to achieve 1-second execution for all transactions, end-to-end transaction privacy, MEV searching, and more
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Mike
@mikewchan
4. Silhouette Hyperliquid-native DEX Silhouette raised $3M in a Pre-seed round led by RockawayX with participation from Amber Group, Hivemind, and others. Silhouette is known as a "shield exchange" and provides privacy-preserving DeFi trading by shielding users' strategies from exposure and front-running The Hyperliquid eco is heating up!
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Mike
@mikewchan
5. Yupp AI model discovery and comparison platform Yupp raised $33M in a Seed round led by a16z crypto. Yupp lets users compare answers from hundreds of leading AI models, such as ChatGPT, Claude, Gemini, and Llama, and rewards them with crypto incentives for providing feedback and helping improve model evaluation Yupp aims to be THE AI model evaluation layer with its incentivized crowdsourcing of human feedback
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