May saw several large funding events show that focusing on infrastructure, tokenization, and Bitcoin is still favored by investors.

Twenty One Capital was one of the big stories in March because of its growing number of Bitcoin treasury funds, backed by Tether, Bitfinex, and Cantor Fitzgerald. By selling convertible senior secured notes, the company managed to get an extra $100 million, which brought its total funding up to $685 million.

Savea Brings Collectibles to Blockchain Investors

In April, the company announced its enthusiasm about accumulating billions of dollars in Bitcoin. Jack Mallers, the CEO, recently revealed that a proof-of-reserves system is being put in place to let everyone see Bitcoin Cash App’s coin holdings in real time: a degree of transparency that is rarely found anywhere.

Bitcoin Treasury Twenty One Capital Secures $685 Million

At the same time, more companies are using tokenization platforms. Jump Crypto made an investment in Securitize, which is already well-known for working with BlackRock, to help financial institutions use digital securities more quickly.

Securitize has nearly $4 billion worth of assets on its platform and $3 billion of BlackRock’s BUIDL fund, which makes it a leading provider of tokenized real-world assets.

Based in the UK, Savea also took part in tokenization, finishing a $2.5 million seed round with EmergentX leading it. Savea deals in investments that connect you to well-known collectibles like vintage wine, fine watches, and classic cars. They can get these through the SAVW token, which is protected by the DESTOR network.

Bitcoin Treasury Twenty One Capital Secures $685 Million

Dexari Raises $2.3M for Crypto Wallet

In this layer, aZen has secured $1.2 million to create decentralized networks of infrastructure (DePINs) for artificial intelligence applications. Waterdrip Capital led the funding round at a time when chip supplies are low and there is tension between the US and China in the technology sector.

Because 500,000 already have joined in and 80,000 nodes are active on its testnet, aZen is poised to become a leading force in off-chain computing. In the DeFi world, some important news is that Prelude and Lemniscap lead a round that raised $2.3 million for Dexari, a wallet and app built on Hyperliquid.

The wallet is built to make crypto usage straightforward and is set to launch soon on both App Store and Google Play. Roderik van der Graaf from Lemniscap says that Dexari is setting a new benchmark for using crypto.

May saw fewer deals in crypto ventures compared to earlier this year, which points to a sector focused on real assets, long-term structures, and being upfront about its activities.