In a significant development in the cryptocurrency fundraising landscape, the Monad project successfully completed a token sale that raised $269 million between November 22 and November 29, 2025. This event occurred alongside a broader trend where a total of 27 projects announced investment rounds, accumulating $495 million in disclosed funding during the same period.
The focus of investor interest has notably shifted towards token sales, with Monad taking the lead followed by various corporate deals. The venture capital market appears to be lagging, with traditional investments seeing a decline in activity compared to the emerging token sale landscape.
Among the notable corporate investments during this timeframe, Figure Technology Solutions secured $25 million from Ondo Finance to bolster its YLDS stablecoin and expand its ecosystem. Similarly, SpaceComputer, which focuses on enhancing blockchain security through satellite technology, raised $10 million from a consortium of investors including Hashkey Capital and Amber Group.
Other significant funding rounds included InitVerse, which received $10 million, and AiONE, which completed a Series A round with $7 million from Vestigo Ventures. Furthermore, decentralized exchange RateX gained $7 million with backing from major players like Animoca Brands and Crypto.com Capital.
In terms of token sales, Monad”s public sale on the Coinbase platform attracted over 85,000 participants, which underscores the growing enthusiasm for token-based fundraising mechanisms. Notably, 50.6 percent of MON”s supply remains locked, indicating a strategic approach to manage token distribution in the market.
Additional token sales included $12 million raised by Gonka for its AI model training network and $5 million for Immunefi, a platform dedicated to vulnerability rewards. Other projects like Bitdealer, Glint Analytics, and Tectum also participated in the fundraising wave, although with smaller amounts ranging from $100,000 to $400,000.
On the corporate front, Metaplanet, a Japanese firm, secured a $130 million line of credit to enhance its bitcoin-focused financing strategy. This move reflects the ongoing interest in leveraging cryptocurrencies for traditional financial operations.
Overall, the recent developments indicate a robust interest in token sales and a strategic pivot by investors towards emerging projects within the blockchain ecosystem. The DeFi sector continues to attract venture capitalists and angel investors alike, emphasizing the industry”s potential for growth despite the subdued venture market.
