Crypto VC funding rose to $5.11M in October, led by Kalshi and Tempo funding rounds

October ended with another peak result in VC crypto ￰0￱ the past month, a total of $5.11M in reported deals flowed into crypto ￰1￱ October, crypto VC deals expanded again, reaching $5.11M for all funding announced before the end of the ￰2￱ final result may be even higher after all deals are ￰3￱ funding accelerated in October, rising to $5.11B. |). The other prominent deal for the past month was a $300M round for Kalshi, the rapidly rising prediction market platform. Additionally, Coinbase Ventures supported a series of smaller deals between $5M and $20M. In October, Kalshi and Tempo were the biggest deals for the month, boosting the score to a new ￰4￱ late-stage funding kept expanding in the past few ￰5￱ rounds were still in the $3M- $10M ￰6￱ activity shifted, with AI deals taking up 32% of all ￰7￱ Alpha projects made up over 15% of all ￰8￱ areas of interest include RWA, payments, and developer ￰9￱ and gaming have practically disappeared from funding rounds, pushing back the influence of Animoca ￰10￱ sales return, raising over $7B Token sales in the form of ICO and IDO deals also grew in October, breaking above $7B, slightly lower than September’s results of $7.15B.

The high valuation included private rounds, which were much higher compared to public ￰11￱ total, 177 private placements for tokens happened in ￰12￱ rounds were more sluggish, with just 61 events raising around $94M. Retail has a much smaller influence on fundraising, and most of the deals come from funds, whales, or angel ￰13￱ retail, airdrops and point farming have replaced some of the token sale ￰14￱ 2025 to date, Binance Wallet offers and token sales have had the highest returns, at 1,364% on ￰15￱ Wallet replaced PancakeSwap as one of the main token distribution ￰16￱ you're reading this, you’re already ￰17￱ there with our newsletter .