Crypto venture capital funding slowed slightly in May, but several strategic investments signal that the sector’s long-term momentum remains intact. Key raises by Twenty One Capital, Securitize, aZen, Savea, and Dexari indicate continued investor confidence in Bitcoin treasuries, tokenization, decentralized infrastructure, and crypto UX innovation.
Twenty One Capital Secures $100M, Total Funding Hits $685M
Bitcoin treasury firm Twenty One Capital, backed by Tether, Bitfinex, and Cantor Fitzgerald, saw its total funding rise to $685 million after investors exercised an option to purchase an additional $100 million in convertible senior secured notes.
The company recently emerged from stealth, announcing plans to acquire billions in Bitcoin. CEO Jack Mallers revealed the launch of a proof-of-reserves system, enhancing transparency by publicly verifying the firm’s BTC holdings.
aZen Raises $1.2M to Scale Decentralized Infrastructure
aZen, a decentralized computing layer for AI, secured $1.2 million in seed funding led by Waterdrip Capital. The platform is focused on DePIN (Decentralized Physical Infrastructure Networks), helping reduce reliance on advanced chips as geopolitical tensions impact supply chains.
The platform has already onboarded over 500,000 users and more than 80,000 active testnet nodes, positioning itself as a key infrastructure player for decentralized AI applications.
Jump Capital Invests in Securitize’s Tokenization Platform
Jump Crypto made an undisclosed investment in Securitize, the leading tokenization platform with over $4 billion in on-chain assets. This marks Securitize’s first major investment since BlackRock’s $47 million round in 2024.
Securitize facilitates the tokenization of institutional assets and collateral. Its flagship product, the BUIDL fund, represents $3 billion in TVL, reinforcing its dominance in the tokenized finance space.
Savea Raises $2.5M to Tokenize Scarce Assets
UK-based Savea closed a $2.5 million seed round led by EmergentX to support tokenized investment products backed by tangible assets like wine, luxury watches, and classic cars.
Savea’s ERC-20 token, SAVW, is fully backed by real-world items stored securely through a partnership with the Decentralized Storage and Tokenization Network (DESAT).
Dexari Closes $2.3M Round to Enhance Crypto Wallet UX
Dexari, a self-custodial wallet and trading app built on Hyperliquid, raised $2.3 million in a round co-led by Prelude and Lemniscap. The funds will support product development and expansion into mobile platforms.
Dexari aims to set a new UX standard in crypto, reducing complexity for everyday users while enabling mobile DeFi interaction.