Crypto VC investment quadrupled to $49.75B in 2025

Venture capital investment in the cryptocurrency industry totaled $49.75 billion in 2025, a more than fourfold increase from the previous year, according to data compiled by Wu Blockchain. The surge was largely driven by mergers, acquisitions, and IPOs involving centralized exchanges. The largest single deal was the Dunamu merger, valued at $10.3 billion. Despite the rise in total investment value, the number of deals fell by 42.1% year-over-year to 898.