Crypto Venture Capital Hits $4.65B in Q3 2025, Highest Since Early 2023
Venture funding for digital asset startups reached $4.65 billion in Q3 2025, a 290% increase from the prior quarter and the second-highest total since Q1 2023, data show. Investment concentrated in stablecoins, AI-integrated blockchain tools, and infrastructure projects. The United States accounted for 47% of deployed capital and 40% of completed deals during the period.