Function secures $10 million seed round led by Galaxy Digital, with participation from Antalpha and Mantle, to enhance its blockchain yield solutions.
Jul 15, 2025•18 days ago
Amount Raised
$10 Million
Round Type
seed
Investors
MantleAntalphaGalaxy Digital
Description
Function has successfully completed a $10 million seed funding round led by Galaxy Digital. This funding will support the development of its institutional-grade yield solutions for Bitcoin and accelerate its expansion. The investment highlights the confidence in blockchain technology and addresses the needs of institutions engaging with Bitcoin. Galaxy Digital's participation underscores the potential of Function's innovative projects.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech