Crypto startups to lure $18bn in VC funding as experts see ‘a lot more activity’ – DL News
- Crypto projects raised $35 million this week.
- Analysts expect crypto VC deals to crest $18 billion in 2025.
Animal spirits are back.
This week, six industry projects raised just under $35 million in a clear sign that venture capitalists and other investors are poised to plough more capital into a surging crypto market.
Those deals pushed the total amount invested in crypto projects to about $7.4 billion this year, an 85% jump over 2024, according to data from DefiLlama.
“We’re in a bull market and, usually, you have a lot more activity in bull markets,” Utkarsh Ahuja, managing partner at Moon Pursuit Capital, a hedge fund and venture capital firm, told DL News.
PitchBook, the VC research firm, forecasts that investors will inject $18…
