Messari Reports $1.42 Billion Raised by 16 Crypto Projects This Week

The week of November 16-22, 2025, saw major investments, with Kalshi leading with a $1 billion raise, marking a significant period for crypto funding.

Summary

The week of November 16-22, 2025, recorded $1.42 billion in crypto VC funding across 16 projects. Kalshi led with a $1 billion raise, followed by several other nine-figure investments in platforms and infrastructure ventures. Notable participants include trading platforms and blockchain infrastructure startups.

Terms & Concepts
  • Valuation: An estimated market value of a company based on funding rounds and investor assessments.
  • Funding Round: An investment event where a company raises capital from investors to support growth or operations.
  • Crypto Project: A business or initiative built around blockchain technology or digital assets.