June Recap

June was another good month for crypto funding, with $1.2 billion in total funding across 84 deals, representing a 108% MoM increase, while deal count was relatively flat with a 3.7% increase. June was the second month in 2025 to have over $1 billion in funding, topping April’s high of $1.1 billion. Unsurprisingly, Infrastructure was the leading category, making up 53% of funding and 51% of deal count. CeFi was the second leading category, making up 22% of funding and 11% of deal count.  Gaming and Web3 remain the weakest categories, with under $100 million in total fundi...