Crypto market financing activities slowed down in January, 125 publicly disclosed projects raised a total of $1.5 billion

According to data disclosed by Cheeky Rolo, the financing activities in the cryptocurrency market in January 2025 slowed significantly. A total of 125 publicly disclosed projects raised a total of $1.5 billion in January, completing a total of 205 transactions. Among them, the public token issuance of World Liberty Financial accounted for one-fifth of the total financing in January, becoming one of the most notable financing events of the month.

Against the backdrop of an overall sluggish market, the $150 million Series C financing completed by the cryptocurrency wallet Phantom became a highlight, with a valuation reaching $3 billion. This round of financing was participated by top institutions such as Sequoia Capital, Paradigm, and A16z Crypto.

Analysis suggests that in an environment of tightening regulations and frequent risks in centralized exchanges, non-custodial wallet solutions are gaining more favor from investors.