Crypto VC funding: Circle’s $1.1b IPO, IOST’s $21m raise lead the week

Description

Crypto venture funding roared back to life in the first week of June, with capital flowing into both blockbuster deals and early-stage bets. The headline grabber was Circle’s long-awaited initial public offering (IPO), which brought in $1.1 billion and marked the company’s debut on the NYSE under the ticker CRCL. Altogether, crypto projects attracted $1.17 billion from June 1–7, according to Cryptofundraising data. From major strategic rounds like IOST and Avantis to smaller seed raises for emer...