According to BlockBeats, Michael Martin, head of the Codebase incubator at Ava Labs, has indicated that a perfect bullish signal storm is set to motivate investors to back cryptocurrency companies. Factors such as Circle's successful public listing, the thriving cryptocurrency market, Stripe's acquisition of Privy, Wall Street's increasing interest in blockchain projects, and new regulations for digital assets are expected to drive more investments in the latter half of the year.
By 2025, venture capital investments in cryptocurrency startups are projected to reach $25 billion. This forecast is echoed by Mike Giampapa of Galaxy Venture.