VC investors came back to the crypto market in 2025 with more confidence, thanks to rising crypto prices, clearer regulations, and growing interest in AI and blockchain infrastructure projects. The surge of investments in the first half of the year not only far outpaced figures reported in 2024 but turned 2025 into one of the best years for crypto funding on record.
According to data presented by CryptoPresales.com, crypto companies and startups have raised over $12 billion in H1, already accounting for 85% of last year’s total.
The Third-Highest H1 Total the Crypto Space Has Ever Seen
Despite market volatility, investors continue to bet big on crypto companies. The renewed investor confidence fueled by rising Bitcoin prices, clearer regulations, and the rapid growth of real-world asset tokenization turned 2025 into one of the best years for crypto funding. At the same time, the success of early 2024 investments fueled FOMO among VCs, with many now rushing to get in on the next explosive wave of blockchain innovation, backing next-generation infrastructure, AI-integrated crypto tools, and Layer 2 solutions. As a result, the total value of money poured into the crypto space skyrocketed in H1, far outpacing the figures seen in the same period last year.
According to Crunchbase data, VC investors poured a whopping $7.2 billion into crypto companies and startups in Q1, the fourth-highest quarterly total in the market`s history. The second quarter brought just as impressive $4.9 billion in VC funding, pushing the H1 total to a remarkable $12.1 billion. That is nearly double the amount recorded in H1 2024 and the third-highest H1 figure ever. Also, with $12.1 billion raised in just six months, 2025 is already on track to outpace the full-year total from 2024.
During the twelve months of last year, VC investors poured $13.7 billion into crypto companies and startups, only 15% more than in just six months of this year. This puts 2025 among the strongest years for crypto VC funding, trailing only the $14.6 billion raised in H1 2022 and the $13.1 billion raised in H1 2021.
Value of Investments Nearly Doubles YoY, but Deal Count Drops 44%
With $12.1 billion raised in the first half of the year, the cumulative crypto funding now stands at $96.8 billion, nearly $20 billion more than in the same period a year ago. However, Crunchbase data reveals an interesting trend, while the total capital raised remains high, the number of individual deals has dropped sharply, falling by 44% year-over-year.
In Q1 2024, crypto companies and startups saw 361 funding deals, a significant increase from 209 reported in the same quarter a year before. By Q2, deal-making peaked at 363, the highest since mid-2022. However, after that, the numbers began to decline.
After falling to 296 in Q3, the number of deals slumped to 214 in the year’s final quarter, and the trend continued in 2025. Statistics show crypto companies and startups saw 399 deals in six months, down from 724 in the same period a year ago, proving investors are backing larger, more established projects rather than spreading funds across many smaller ones.
