TechFlow news, on February 26, according to data disclosed by Cheeky Rolo, cryptocurrency market fundraising activities significantly slowed in January 2025, with 125 publicly disclosed projects raising a total of $1.5 billion across 205 transactions. Among these, World Liberty Financial's public token offering accounted for one-fifth of January's total funding volume, becoming one of the most watched fundraising events of the month.
Amid an overall sluggish market, Phantom's $150 million Series C funding round stood out, valuing the crypto wallet at $3 billion. The round was backed by top-tier firms including Sequoia Capital, Paradigm, and A16z Crypto.
Analysts suggest that under tightening regulations and frequent risk incidents involving centralized exchanges, non-custodial wallet solutions are gaining increasing favor among investors.
