✦ 2025 YTD, crypto fundraising hit 1,056 rounds:

Seed: 16%

Strategic: 15%

M&A: 12%

Pre Seed: 7%

Series A: 7%

Incubation: 5%

Others: 38%

Early stage leads, but Strategic & M&A show a maturing market.

✦ Notable projects like @Succinct $PROVE are part of this trend ✦ #SuccinctLabs