Bitcoin DeFi, Tokenization, and Stablecoins Drive July VC Funding Surge

VC Roundup: Bitcoin DeFi surges, but tokenization and stablecoins gain steam

Bitcoin DeFi, Bitcoin’s comeback as an institutional asset is reshaping crypto venture capital. In July, Bitcoin DeFi dominated funding flows, yet tokenization, stablecoin infrastructure, and settlement startups also gained momentum.

As Cointelegraph reported, the Bitcoin DeFi sector attracted $175 million across 32 VC deals in the first half of 2025. Bitcoin treasury firms added billions to the market by buying BTC for long-term reserves.

However, July also brought significant funding for projects beyond Bitcoin. Investors targeted tokenized assets, dollar-backed stablecoin systems, and new settlement layers.

Bitcoin DeFi, Inveniam and Mantra target institutional RWA adoption

Inveniam Capital invested $20 million in layer-1 blockchain Mantra to bring real-world assets (RWAs) to the blockchain. The deal includes data sovereignty and surveillance tools, enabling more transparent DeFi applications.

The partners aim to expand RWA ecosystems in the UAE and the US. Inveniam cited research from Boston Consulting Group estimating the RWA market could hit $18.9 trillion in a decade — with some projections as high as $30 trillion.

Bitcoin DeFi, Stable blockchain raises $28 million for USDt adoption

Stable, a layer-1 network focused on Tether’s USDt, raised $28 million to scale infrastructure and drive global adoption. Backers include Bitfinex, Hack VC, Franklin Templeton, Castle Island Ventures, and others.

Marketed as a “stablechain,” Stable prioritizes instant payments. The team highlighted the US GENIUS Act as a regulatory boost for stablecoin payment growth.

Spiko secures $22 million to expand tokenized markets

French fintech Spiko raised $22 million in Series A funding led by Index Ventures. The firm offers tokenized US and EU T-Bill Money Market Funds to European investors.

Spiko has processed over $900 million in capital and expects assets under management to exceed $1 billion by year-end.

Dakota raises $12.5 million for stablecoin-powered banking

Business banking startup Dakota raised $12.5 million in Series A funding led by CoinFund. Founded by former Coinbase Custody CEO Ryan Bozarth, Dakota provides faster cross-border payments using stablecoins.

Over 500 businesses already use Dakota’s platform as global stablecoin market cap hits $268 billion.

Jarsy lands $5 million to open tokenized private equity

Jarsy raised $5 million in pre-seed funding led by Breyer Capital. The platform offers retail investors tokenized shares in pre-IPO private companies, with investments starting at $10.

Users can fund purchases with stablecoins such as USDC, while shares remain fully backed in custody.

BridgePort secures $3.2 million to grow settlement network

Settlement layer BridgePort raised $3.2 million in seed funding led by Further Ventures. The platform connects exchanges, trading firms, and custodians to improve capital efficiency.

BridgePort is live on AWS and actively onboarding new partners.