In 2025, investment institutions have poured nearly $25 billion into cryptocurrency companies, far exceeding market expectations

According to DL News, investment firms have poured nearly $25 billion into crypto companies, exceeding last year's figures by more than 150%, far surpassing market expectations. The leading institutions participating in transactions this year include tech-focused Paradigm and Sequoia Capital, as well as Wall Street giants BlackRock, JPMorgan, and Goldman Sachs.

According to DefiLlama data, the hottest sectors are: centralized exchanges ($4.4 billion in funding), prediction markets ($3.2 billion in funding), and DeFi platforms ($2.9 billion in funding). Jordan Knecht, head of institutional strategy at blockchain services company GlobalStake, pointed out: "Projects attracting capital currently need to meet regulatory transparency, operational resilience, and be able to connect with traditional financial institutions and their standards. In a volatile market, investors prefer to establish sustainable business models that prioritize compliance, laying a long-term foundation for the asset class."

Charles Chong, strategic vice president of crypto-native consulting firm BlockSpaceForce, stated: "The environment for crypto startups is changing, with funds flowing to mature players whose revenue and unit economic models can support valuations. This is not a signal of market weakness, but rather a reflection of market normalization and maturation, with financing behavior becoming more rational, more focused on fundamentals, and less driven by reflexive speculation."

Georgii Verbitskii, founder of crypto investment firm TYMIO, believes: "The crypto market follows the same patterns as other technology cycles—capital always first flows into underlying infrastructure before moving to consumer-facing applications in all major technology cycles."