In 2025, venture capital investments in crypto startups hit 34 billion USD, significantly up from 17 billion USD in 2024. RWA tokenization emerged as the key focus, attracting more than 2.5 billion USD in funding.
Investor behavior shifted towards sustainable models, favoring later-stage investments over early-stage ones. Notably, funding for Ethereum layer 2 projects dwindled by 72%, indicating a saturated market.
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