Crypto VC Explodes in Q4 2025: $8.5B Floods Later-Stage Startups
US-headquartered companies captured 55% of Q4 crypto VC capital. Crypto and blockchain venture capital witnessed a sharp rebound in Q4 2025, driven predominantly by large late-stage deals. Galaxy Digital’s report, authored by Alex Thorn, Head of Firmwide Research, found that venture capitalists deployed $8.5 billion across 425 deals in the quarter – an 84%
