PitchBook predicts $18 billion in crypto VC funding for 2025
PitchBook analyst Robert Le expects crypto VC funding to be “much much stronger” in 2025 compared to 2024.
“We’re going to see $18 billion or more in venture capital dollars that’s going to be invested into crypto,” Le told CNBC’s Jordan Smith. That’s a 50% increase from 2024, but still less than the roughly $30 billion “that was invested in 2021 and 2022,” he added.
2023 and 2024 recap
Le described 2023 as a challenging year for crypto funding due to the collapse of FTX, erosion of trust, and higher interest rates.
However, 2024 started strong with positive momentum driven by spot Bitcoin exchange-traded funds, or ETFs getting approved.
Despite a slowdown mid-year, “we’re probably…
