Andreessen Horowitz's crypto fund, a16z crypto, has made its 29th investment in the crypto sector this year, representing about 10% of the total venture capital allocated to crypto startups in 2025.

In a significant week for the crypto industry, a total of $155 million was raised from June 14 to June 20, contributing to an impressive nearly $9.4 billion in funding secured so far this year.

This recent influx of capital positions the crypto sector to potentially meet analyst predictions of raising $18 billion in total funding by the end of 2025.

Notable deals this week included EigenLayer securing $70 million, PrismaX raising $11 million, and Gradient Network obtaining $10 million, highlighting robust investment interest in various crypto and decentralized technologies.

EigenLayer's latest funding round involved a token purchase from a16z, building on a previous $100 million Series B investment from the same firm in February 2024.

PrismaX's seed round was spearheaded by a16z and attracted additional investments from several firms, focusing on the development of a decentralized data incentive mechanism for robotics vision data.

Gradient Network raised $10 million to enhance decentralized AI infrastructure for open-source intelligence, with backing from notable investors including Pantera Capital and Multicoin Capital.