Pantera Partner: Why is the Crypto VC Landscape Different in 2025 from previous cycles?

ChainCatcher
ChainCatcher
USDC+0.59%
ARB+0.48%

Original title: The State of Crypto Venture Capital in 2025

Original author: Paul Veradittakit, partner of Pantera Capital

Original compilation: Luffy, Foresight News

Summary

· Crypto companies have raised more than $16 billion and made more than 100 M&A deals so far this year. The industry is currently heading in a record direction, with total transactions exceeding full-year 2024 levels.

· The current cycle is more solid, driven by greater regulatory transparency in the United States and global growth momentum.

The wave of strategic mergers and acquisitions and IPOs will continue into the next cycle.

In 2025, record M&A and IPO activity is reshaping and driving the upgrading of the crypto industry, attracting new capital, institutions, developers, and users, and injecting impetus into blockchain innovation and applications. This pattern has also emerged in...

Show original
Visit source
6.23K
0
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.