In September, the encryption industry raised over $3.3 billion, with companies like Figure and Kraken completing large financing rounds.

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PANews, October 3rd news, according to DeFiLlama data, in September, a total of 77 Crypto Assets companies raised over 3.3 billion USD. This brings the total financing amount for 2025 to over 17 billion USD, which is more than 7 billion USD higher than the total for the entire year of 2024. Several large financings in September include:

Figure Technology: Raised $787.5 million during its debut on Nasdaq.

Kraken: Completed a $500 million financing.

Rapyd: Completed a $500 million Series F funding round with investments from BlackRock, Fidelity, and others.

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