DeFi project Flying Tulip, led by Andre Cronje, has secured $25.5 million in a Series A funding round at a $1 billion fully diluted valuation (FDV). This brings the project's total institutional funding to $225.5 million. Additionally, Flying Tulip has raised $50 million through Impossible Finance's Curated platform and has allocated $200 million for an upcoming public token sale on CoinList.