Web3 Fundraising: 18th – 24th August 2025

Several crypto and fintech companies across the U.S. and Turkey secured significant funding this week, signaling sustained investor confidence in the sector. U.S.-based crypto miner TeraWulf led the pack with an $850 million post-IPO debt raise, while Turkish fintech Midas closed an $80 million Series B round backed by QED Investors.

Gemini followed with $75 million in debt financing from Ripple, and Bullish raised $21.2 million through a post-IPO secondary offering led by ARK Investment Management. Empery Digital also secured $25 million in post-IPO debt.

Early-stage deals included $5 million seed rounds for U.S.-based Legion and Yomirgo, led by BH Digital, VanEck, and Gobi China. Cointel raised $7.4 million in a corporate round from Avalanche and Sugafam, while Omnia brought in $6.2 million in venture capital.

Other notable raises included $35 million in debt financing for Labs from JetDebt Finance, and $6 million in post-IPO equity for Mercurity Fintech Holding. These deals reflect a broad mix of funding types and show strong momentum across both early-stage and post-IPO companies.