Crypto fundraising remains relentless at the minute, with AI integrations, tokenized assets, and infrastructure projects leading the show this week. Edyme got into the weeds and curated a list of top projects that bagged funding. Let's get into it. 🧵

@0xEdyme Ephemera raised $20 million via its Series B round led by USV, a16z crypto, and Lightspeed Faction. They’re building XMTP, a decentralized messaging protocol that keeps your chats secure and on-chain.

Spiko secured $22 million in its Series A round led by Index Ventures, joined by prominent angels like Revolut's founder. They’re focusing on tokenizing licensed securities, starting with money market funds directly tradable in your web3 wallet. As RWAs heat up, Spiko’s licensed and compliant offering could be the bridge that DeFi desperately needs.

@Spiko_finance Galaxy Digital led a $10 million seed round for Function, whose FBTC wrapper allows institutions to safely yield-farm Bitcoin without losing custody. Big players now have the tools to make Bitcoin productive, bridging traditional asset management with crypto innovation.

Spring Lane Capital invested $20 million in Soluna’s Project Kati, expanding their green data centers that convert excess renewable energy into compute power for AI and Bitcoin mining. This doesn’t seem to be just about sustainability theater, Soluna’s model makes renewable energy profitable and efficient.

KUN secured more than $50 million in a Series A round led by BAI Capital and GSR Ventures. They’re creating global payment rails using stablecoins to streamline secure and efficient cross-border business transactions. With stablecoins becoming mainstream, KUN could just be perfectly positioned to simplify global finance.

Poseidon raised $15 million in seed funding from a16z crypto to create a decentralized marketplace for legally licensed AI training data. Using the Story protocol, Poseidon addresses the crucial issue of data quality and ownership, making AI models more reliable and ethically sound.

@psdnai Dakota secured $12.5 million in Series A funding to offer crypto-native banking solutions with attractive yields for enterprises. This move could significantly reduce volatility risks, enabling traditional businesses to confidently park cash in crypto markets.

Blockchain infrastructure provider DSRV raised $11.6 million from Intervest and NH-SK in their Series B round. They manage nodes and offer secure custody and validation services across dozens of blockchains. DSRV’s fund raise shows the importance of reliable infrastructure in crypto’s rapidly expanding industry.

Apart from the aforementioned names, several other players also secured funding. Full scoop's up on the site. The takeaway: This week's haul screams infra maturity. Alongside, AI and privacy have also managed to steal the spotlight. Will the momentum carry over? Well, next week’s list will tell. 🔗