The crypto funding in the market is growing fast again. Between July 28 and August 2, crypto companies raised over $1.6 billion. Big investors are now backing projects that connect crypto to real-world uses like payments and finance. This shows growing trust in crypto’s practical future. There is also a growing interest in regulations and financial transparency. Companies are raising capital to prepare for new laws, especially around stablecoins and treasury management. MARA Leads with $850 Million in Crypto Funding MARA, the largest public Bitcoin mining company, made headlines by securing an $850 million private offering through zero-coupon convertible notes due in 2032. The offering targets qualified institutional buyers. It also includes a potential $150 million upsell, possibly bringing the total close to $1 billion. The crypto miner plans to use most of the money to buy more Bitcoin, pay off some debt, and protect its stock from big price swings. The deal is tied to the company’s stock price, showing that investors believe in the company’s strong market position. Furthermore, Mill City Ventures became the first publicly listed company to launch a crypto treasury strategy backed by the Sui Foundation. Through a private placement, Mill City invested $450 million to buy 76.3 million SUI tokens at $3.64 each. The company saw support from Karatage and the Sui Foundation. Mill City plans to keep adding more tokens through OTC deals and public market purchases. FG Nexus Backs Ethereum with $200M Raise FG Nexus, formerly Fundamental Global, raised $200 million to buy Ethereum (ETH) and invest in staking and decentralized finance (DeFi). The move marks Ethereum’s 10th anniversary and a shift to using ETH as its main treasury asset. This initiative was supported by big names such as Galaxy Digital, Kraken, Hivemind Capital, and Digital Currency Group. This strategy puts FG Nexus among the leading corporations pushing Ethereum adoption. In parallel, the ETH Strategy campaign added another 12,342 ETH worth $46.5 million, primarily through private sales. Most of the ETH will go toward staking and liquidity, with the rest supporting audits, growth, and community incentives. Web3 Projects Attract Millions as Stablecoin Momentum Grows Some Web3 and infrastructure-focused projects also secured funding during this period. RD Technologies raised $40 million to build stablecoin infrastructure just as Hong Kong’s stablecoin licensing framework came into effect. Billions Network raised $30 million from Polychain Capital, Coinbase Ventures, and Polygon. Backed by ZA Bank, the company plans to launch regulated digital products like HKDR and a cross-border wallet. Tether-backed Stable raised $28 million to build a blockchain for stablecoin payments, led by Bitfinex and Hack VC. The gasless blockchain supports USDT and follows the new GENIUS Act. Likewise, Zodia Markets, backed by Standard Chartered, raised $18.25 million to grow its platform for stablecoin trading and cross-border payments. The post Crypto Funding Hits $1.6B in a Week as Treasury Bets Grow appeared first on TheCoinrise.com .
