The pace of financing activities in the encryption market slowed down in January, with 125 publicly disclosed projects raising a total of $1.5 billion

According to data disclosed by Cheeky Rolo, the pace of financing activities in the cryptocurrency market significantly slowed down in January 2025. A total of 125 publicly disclosed projects raised $1.5 billion, completing a total of 205 transactions. Among them, World Liberty Financial's public token issuance accounted for one-fifth of the total financing amount in January, becoming one of the most watched financing events within the month. Against a backdrop of overall market downturns, Phantom's completion of a $150 million Series C funding round became a highlight with an estimated valuation reaching $3 billion. This round was participated by top institutions such as Sequoia Capital, Paradigm and A16z Crypto.

Analysts believe that under stricter regulation and frequent risk incidents at centralized exchanges, non-custodial wallet solutions are gaining more favor from investors.