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In the week of November 16-22, 2025, $1.42 billion in crypto VC funding was raised across 16 projects. The largest raise was $1 billion by Kalshi, followed by Kraken with $200 million. Other projects included Doppel, Obex, Deblock, and Numerai. Smaller rounds were also seen in projects like WizzWoods, Solomon Labs, and RateX.
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