Crypto Venture Capital Trends In Q2 2025: Mining Firms Lead The Way
Posted On August 12, 2025
Venture capital investment in crypto and blockchain-focused startups dropped sharply in the second quarter of 2025, with total funding reaching $1.976 billion across 378 deals, according to data from Galaxy.
This represents a 59% decline in capital raised and a 15% decrease in deal count compared to the first quarter, the report states.
The steep quarterly drop is partly due to the absence of unusually large transactions like Q1’s $2 billion investment from UAE-linked MGX into Binance, which had inflated earlier figures.
Without that deal, Q2’s decline would have been closer to 29%.
More than half of the capital raised — 52% — went to …