May is a quieter month for crypto venture capital, but noticeable increases of tokenization platforms and a hyperliquid wallet indicate that making the deal remains active.
Perhaps the biggest development is the ongoing momentum for twenty -one capital, the Bitcoin (Btc) Treasury Company that has been backed by Stablecoin issuer Tether, Cantor Fitzgerald’s Cantor Fitzgerald Cantor Cantor Cantor. The company’s total funding reached $ 685 million after supporters had made the option of buying additional bonds last month.
Twenty -one capital gets $ 100m investment strengthening
Supporters of twenty -one capital have implemented the option to buy an additional $ 100 million of the older seniors of the elderly, bringing the Bitcoin Treasury Company’s total funds to $ 685 million.
The news came a month after Twenty -one appeared from theft with grand plans to get billions -billions of dollars worth of bitcoin.
Twenty -one CEO Jack Malers has also announced that the company is launching proof of reserves, a public ledger that confirms the handling of Bitcoin Treasury.
Related: Bitcoin Treasury companies held the ‘way more’ than Bitcoiners expected: Exec
Azen raised seed funds to expand depin efforts
Decentralized computing layer Azen closed a $ 1.2 million seed led by Waterdrip capital, with further participation from DWF adventures, Rootz labs, thinking capital and more.
The company forms decentralized physical infrastructure networks .
The Azen platform says the onboarded of more than 500,000 users, including more than 80,000 active nodes for its depin testnet.
Jump Crypto makes an unspecified investment in Securitize
Venture Capital Firm Jump Crypto has made an unspecified investment in the tokenization Securitize platform to support the institution’s further adoption of tokenized assets and collateral management solutions.
A Securitize spokesman Cointelegraph said it marked the company’s first investment since the $ 47 million allocation of Blackrock in 2024.
Securitize accumulated $ 4 billion in Onchain assets, making it the largest tokenization market. Blackrock’s USD Institutional Digital Liquidity Fund .
Tokenization company Savea raises $ 2.5m
Savea, a United Kingdom-based tokenization company, raised $ 2.5 million in seed funding to support its mission of launching tokenized investment products supported by poor properties such as WineLuxury watches and classic cars.
The investment is led by the Venture Studio Emergentx, with participation from many unnamed angel investors.
The Savea platform allows investors to buy the Savw token-an ERC-20 token that is fully backed by physical properties held. The properties are being secured through a cooperation with the decentralized storage and tokenization network (DESAT), which is also supported by the Emergentx.
Hyperliquid-powered Dexari closes the seed
Dexari’s self-customial crypto wallet closed a $ 2.3 million seed circle led by venture companies PRELUDE and lemniscap, with further participation from angel investors throughout the hyperliquid ecosystem.
The fund will further develop the Dexari purse, which also acts as a mobile trading app, and add resources to its developer team. The company plans to eventually launch at the app store and Play Store.
The founder and management of Lemniscap’s partner Roderik Van der Graraaf, described Dexari as “setting a new Crypto UX standard” far from complexity.
Dexari was built on HyperliquidA decentralized exchange launched last November with a huge fanfare.
Related: VC Roundup: 8-figure funding deals suggest a crypto bull market far above
