🤯 Crypto Chaos: AlloyX Steals the Show with $350M Deal! 🚀

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Oh, crypto enthusiasts, gather ’round because last week was wilder than a raccoon at a BBQ. Venture funding in the crypto world rocketed past $700 million-a number so large it might make your accountant faint. Leading the charge? A $350 million M&A deal by AlloyX Limited, a company that sounds like it should be making indestructible kitchenware but is actually reinventing payment infrastructure. Bravo, AlloyX! 👏

From Aug. 31 to Sept. 6, thirteen ventures collectively raked in $709.6 million. And guess what? It wasn’t just about throwing money into random projects. No, no. Investors were laser-focused on infrastructure platforms and AI-powered startups like Kite AI, Aria Protocol, and Everlyn. Apparently, everyone wants their blockchain solutions scalable and their AI smarter than your average toaster. 🤖

  • Crypto VC funding hit $709.6 million across 13 projects from Aug. 31-Sept. 6.
  • AlloyX’s $350 million M&A deal was the headliner-think Beyoncé at Coachella.
  • AI-focused projects like Kite AI, Aria Protocol, and Everlyn raised enough cash to buy small islands. 🏝️

Let’s dive deeper into this circus of capital, shall we? Here’s the play-by-play according to Crypto Fundraising data:

AlloyX Limited

  • Raised $350 million through M&A (that’s “mergers and acquisitions” for those who skipped finance class).
  • Specializes in payment infrastructure and stablecoin platforms-because apparently, stability is still a thing people want.

Thank you to @YahooFinance for featuring the milestone merger between AlloyX and @Solowin_. This marks an important step in our mission to advance compliant stablecoin infrastructure and RWA tokenization across Asia and beyond.

– AlloyX (@AlloyX_Limited) September 6, 2025

Etherealize

  • Etherealize, which sounds like a spa brand for ghosts, secured $40 million from investors including Electric Capital, Paradigm, and Vitalik Buterin himself. Yes, *the* Vitalik. Probably wrote the check while sipping kombucha.

Utila

  • Utila, a non-custodial wallet platform, bagged $22 million in a Series A round, bringing its total to $51.5 million. That’s more money than most of us will see in ten lifetimes.
  • Backed by Redstone Venture Capital, Nyca Partners, and Wing VC. Clearly, they’re doing something right-or maybe they have really good snacks in meetings. 🍿

🚀 Big News: Utila Secures $22M Series A Extension! 🚀

We’re thrilled to announce that Utila has raised an additional $22 million in Series A extension funding, bringing our total Series A to $40 million and nearly tripling our valuation in just six months.

This extension…

– Utila (@utila_io) September 3, 2025

Kite AI

  • Kite AI, an EVM-compatible Layer 1 blockchain, flew away with $18 million in a Series A round. Investors include Immersion Ventures, General Catalyst, and 8VC. Bet they celebrated with champagne-or sparkling water if they’re “health-conscious.” 🥂

Aria Protocol

  • Aria Protocol raised $15 million in a Seed round. Not bad for a startup whose name sounds like a Bond villain’s lair.
  • Polychain Capital, Neoclassic, and Story Protocol joined the party. Someone cue the theme music. 🎶

Everlyn

  • Everlyn snagged $15 million from Mysten Labs, Selini, and Nesa, achieving a fully diluted valuation of $250 million. If valuations were lottery tickets, these folks would be buying yachts. ⛵

We’ve raised $15M to date to build the future of cinematic, on-chain video. 🌀

Today, we’re thrilled to welcome @Mysten_Labs, creators of Sui, as investors in Everlyn joining its $250M valuation round.

They join a strong lineup: powerhouse investors like Baseline (Emirates),…

– Everlyn (@Everlyn_ai) August 31, 2025

Projects > $15 Million

  • RISC Zero (Boundless), $13.7 million in a Public sale with a $290 million fully diluted valuation. Who knew zeros could be worth so much?
  • Tangany, $11.64 million in a Series A round. Must be nice to not have to worry about rent anymore.
  • Plural, $7.13 million in a Seed round. Presumably spent on coffee and whiteboards.
  • Kea, $7 million in a Seed round with a $47 million fully diluted valuation. Kea better deliver or face some very disappointed penguins. 🐧
  • Reflect, $3.75 million in a Seed round. Probably used it to reflect on life choices.
  • Wildcat Labs, $3.5 million in a Seed round. Let’s hope there are no actual wildcats involved.
  • Maiga AI, $2 million in a Strategic round. At least someone knows what “strategic” means.

And there you have it, folks-a week in crypto funding that reads like a Hollywood blockbuster script. Stay tuned for next week when someone raises $1 billion for a project involving blockchain-enabled hamster wheels. 🐹

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2025-09-07 02:17