Venture Investments in Cryptocurrency Firms Remain Subdued Despite Price Increases, Report Finds

Leading U.S. cryptocurrency financial firm Galaxy Digital released a report on the 25th, highlighting the state of cryptocurrency venture capital (VC) in the third quarter of 2025. According to the report, although market sentiment and activities have seen some improvement, they still fall significantly short of the levels observed during previous bullish periods.

The report indicates that during the bullish markets of 2017 and 2021, there was a strong correlation between VC activities and cryptocurrency prices. However, despite price increases over the past two years, VC activities have remained subdued. Although current levels are below those of the 2021-2022 bullish market, venture activities overall are described as 'active'...