The investment of increased risk capital in Crypto reflected in the second quarter of 2025, and companies collected $ 10.03 billion in three months ending in June. It was the strongest quarter from 1 2022 and 16.64 billion dollars.
June took into account the participation of the lion, extending $ 5.14 billion, the highest monthly number from January 2022, according to data from Cryptorank. The growth of relative stagnation has occurred, which suggests that the appetite for cryptographic is recovering.
Running a pack, Stible Funds, an asset manager founded by an American entrepreneur and politician Vivek Ramaswama, secured $ 750 million in May to establish a strategy “generating alpha” through purchases related to Bitcoin (BTC).
In April, twenty -ecological secured $ 585 million in April, which makes it the second largest escalate in the quarter. Securitize took third place in the second quarter of 2025 with an escalate in $ 400 million, followed by other significant, including Kalshi ($ 185 million), Auradine ($ 153 million), Zenmev ($ 140 million) and digital assets ($ 135 million).
Related: VC Roundup: DEFI, AI, Hybrid Exchanges Present a resistant month for Crypto
Coinbase projects dominate in investments in Q2
Coinbase Ventures operated Q2 with 25 offers between April and June, which is at the top of the list of busy investors. Animoca brands, Andreessen Horowitz (A16Z) and Panther Capital also took a high place, helping to escalate the number of quarters.
In June, Coinbase Ventures was again at the top of the chart of 10 investments, and then a capital panther with eight, Galaxy with five and paradigms (which led to the number of main investments) with four contracts. Other busy companies included the brands Animoca, A16Z, Cyber Fund and GSR.
The activity of obtaining funds spread to various sectors, and the infrastructure of blockchain and DEFI aroused significant interest. Cefi, NFT and Gamefi categories also recorded moderate activity, while Memecoin funds remained muted despite occasional jumps.
Over the past year, the offers from seeds were the largest share in the rounds of collecting cryptographic funds, which is 19.43% from the total number of 1673 of tracked transactions. Strategic rounds took place at 14.23%, which reflects enduring interest in long -term art of ecosystem.
Significant activity in front of the seeded and M&A was also noteworthy, which is 9.26% and 9.44%, respectively. Series A rounds constituted 6.34% of the total, while incubation offers accounted for only 3.35%, according to Cryptoraank.
Related: USD 250 million Ondo Catalyst Fund Signals “Race” for RWA toxate
Galaxy Digital collects $ 175 million in the first external fund
Last month, Galaxy Digital closed its first external Venture fund, collecting $ 175 million, which exceeded its initial goal of $ 150 million. The fund will focus on highly developing crypting sectors, including Stablecouins, tokenization and payments, as well as their supporting infrastructure.
In May, Theta Capital Management, based in Amsterdam, also collected over $ 175 million for the latest fund funds, which aims to support Blockchain startups at an early stage.
Warehouse: The growing number of users takes LSD from chatgpt: Ai Eye