---
title: "World raises $135m, Slash scores $41m"
url: https://diffcoin.com/world-raises-135m-slash-scores-41m/
description: "The crypto funding sector has seen major activity from May 18-24, with total investments reaching $307.5 million. This was led by World's $135 million raise"
published: 2025-05-24
updated: 2025-05-24
author: "Mila"
site: "Diffcoin"
---

# World raises $135m, Slash scores $41m

The crypto funding sector saw major activity from May 18-24, with total investments reaching $307.5 million, led by World’s $135 million raise.

This week’s funding mainly focused on Finance and banking-focused ventures and payment and financial services sectors. Here’s an overview of the week’s crypto funding activity as per Crypto Fundraising data:

### World Foundation

- Raised $135 million from a16z crypto, Bain Capital Crypto, and Selini
- World (WLD) has raised $375 million so far
- According to the announcement on May 21, the funds will be used to expand its iris-based identity network, World ID.

### Slash

- Slash scored $41 million in a Series B round
- The project has a fully diluted valuation of $370 million
- Goodwater backed the investment
- Slash has raised $60 million so far

### Catena Labs

- Catena Labs secured $18 million in a Seed round
- The investment was backed by a16z crypto, Breyer Capital, and Z Ventures
- Gained +1 new investor

### Roxom

- Gathered $17.9 million in an Unknown round
- Investors include Draper Associates, Borderless, and Kingsway Capital
- Roxom has raised $22.2 million so far

### TrueX

- A team of Coinbase alumni collected $11 million to debut True Markets, a stablecoin-native DeFi app offering real-time execution and self-custody on Solana.
- The investment was backed by Accomplice, Framework Ventures, and Reciprocal Ventures
- TrueX has raised $20 million so far

### Projects < $6 million

- Hyperdrive: Raised $6 million in a Series A funding
- Acurast bagged $5.4 million Public sale with $90 million fully diluted valuation
- VOYA Games (Craft World) raised $5 million in an unknown round
- Rover raised $4.1 million Seed investment
- Stablecorp (QCAD) raised $1.8 million in an unknown round
- Fermi Labs bagged $1.2 million in a pre-seed round

[Source link](https://crypto.news/crypto-vc-funding-world-135m-raise-slash-scores-41m/)