VC Roundup: Crypto funding climbs to $13.6B in 2024, set to hit $18B in 2025
Venture capital funding for blockchain startups reached $13.6 billion in 2024, accounting for 4.9% of total VC investments of $279 billion. This marks a recovery from $10.1 billion in 2023 but remains below the 2021 peak of $32.4 billion. Notable funding rounds include Monad Labs ($225 million), Berachain ($100 million), Babylon ($70 million), and Securitize ($47 million). Predictions indicate over $18 billion in crypto VC funding for 2025, driven by declining interest rates and improved regulatory clarity. Avalon Labs raised $10 million for its Bitcoin-backed DeFi ecosystem, while Usual secured $10 million for its decentralized stablecoin backed by real-world assets. Accountable raised $2.3 million for its privacy-focused crypto data platform. Binance Labs invested in Thena, a decentralized exchange, to enhance its development and security.
