The final week of February 2025 saw Figure secure $200 million for its asset management platform.
Crypto.news collected data from Crypto Fundraising and discovered that the week’s funding reached nearly $500 million across multiple sectors. There were major investments targeting DeFi infrastructure and asset management solutions; here they are:
Figure, $200 million
Raised $200 million in an unknown round
Backed by Sixth Street Partners
Figure is building asset management and banking solutions
The project has raised $1.72 billion so far
Ethena Labs, $100 million
Secured $100 million in private funding
Backed by Franklin Templeton, Polychain Capital, and Pantera
It received an additional $16 million in funding from MEXC Ventures in the same week
Ethena Labs is creating DeFi solutions on Ethereum
It has raised over $136.5 million to date
Bitwise, $70 million
Bitwise raised $70 million in an unknown round
The project is backed by Electric Capital, MassMutual Ventures, and MIT Investment Management
Bitwise is building asset management solutions
The project has raised $87 million so far
Today we’re excited to announce Bitwise has completed a $70 million round of funding from top financial institutions and technology investors as we continue building the leading crypto asset management firm. Investors in the round include:
