Crypto Boom: Coinbase Beats Echo for $375 Million!
As of October 25, 2025, 22 crypto projects secured $587.92 million in VC funding, including Coinbase's acquisition of Echo.

Crypto Boom: Coinbase Beats Echo for $375 Million!
During the week of October 19-25, 2025, the crypto industry saw a remarkable $587.92 million in venture capital secured across 22 projects. This dynamic landscape is characterized by significant investments in platforms such as Echo, Pave Bank and Bluwhale. Particular focus is on Coinbase's acquisition of Echo for USD 375 million, which represents the company's fifth major acquisition this year. Echo is a community-based on-chain investment platform that stands out for its innovative concept.
The large number of financing rounds shows that smaller projects in areas such as token distribution and decentralized finance were also able to secure important early-stage investments. Notable companies that have raised capital include Pave Bank, which raised $39 million in a Series A round from investors including Accel, Tether and Wintermute Ventures. In total, Pave Bank has raised $44.2 million to date.
Significant financing rounds
Another significant transaction this week was the funding of EthSign, which raised $25.5 million in an undisclosed round. Investors include YZiLabs and IDG Capital, bringing total funding to $54.15 million. Bluwhale closed a Series A round, raising $10 million from UOB, PAID Network and Spartan Capital. BitcoinOS also received $10 million from investors including Green Assets, Falcon X and DNA Fund.
Additionally, there are numerous projects that have raised under $10 million in funding rounds. A table of these projects shows the different totals and rounds:
| project | Totally collected | round |
|---|---|---|
| Limitless | $9 million | Seed round |
| DepinSim | $8 million | Strategic round |
| Nubila Network | $8 million | Seed round |
| Pieverse | $7 million | Strategic round |
| METYA | $6 million | Unknown round |
| Turtle | $5.5 million | Strategic round |
| Open Campus | 5 million USD | Strategic round |
| TBook | 5 million USD | Unknown round |
| ME3 (Gacha Galaxy) | $3 million | Unknown round |
| Loyal | $2.5 million | Public sale |
| Lit protocol | $2.5 million | Unknown round |
| Printr | $2 million | Seed round |
| Rayls (Parfin) | $1.75 million | Public sale |
| Kinetiq | $1.75 million | Seed round |
| dm fun (Metrica Labs) | $1.5 million | Public sale |
| Entry (formerly Zekret Protocol) | $1 million | Pre-seed round |
| ZKLSOL (Zero Knowledge SOL) | $969,420 | Public sale |
Current developments highlight the ongoing excitement and potential in the crypto venture capital sector, which is further fueled by the various funding rounds and acquisitions. This highlights the innovative strength in the industry and shows that both established companies and new start-ups play an essential role in the growth and diversification of the market.
For more details on what's happening in the crypto venture capital world, check out coverage from crypto.news.