According to PitchBook, from January to March 2025, $6 billion was invested in the crypto industry — almost twice as much as in Q4 ($3 billion), and 2.3 times more than a year ago ($2.6 billion).

📉 At the same time, the number of deals decreased:

🔵 405 deals (–39.5% y/y)

🔵 Large checks offset the decline in quantity

💸 Where the money went:

Digital assets, exchanges, financial services — $2.55 billion (16 deals)

Infrastructure and development — $955 million (30 deals)

Web3 startups — $231.2 million (23 deals)

📈 Important catalyst — the expected IPO of Circle, which could be the largest since Coinbase went public.

📌 Trends:

1️⃣ Growing interest in startups in the payments and treasury sectors on stablecoins

2️⃣ Potential in proof of reserves, custodians, and key management software

3️⃣ The market capitalization of stablecoins increased over the quarter from $202.3 billion to $227.1 billion (+12%)

#CryptoInvesting #venturecapital #Stablecoins #Web3 #Blockchain #MiningUpdates

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