Q2 2025 marks the strongest growth of VC investment in cryptocurrency since 2022. This significant capital increase shows a growing focus on blockchain infrastructure and strategies centered on Bitcoin.
Vivek Ramaswamy's Strive Fund and the newly established Twenty One Capital have attracted the largest funding rounds, totaling hundreds of millions of dollars.
Cryptocurrency Investment Recovery
Venture capital investment in cryptocurrency has seen a significant recovery from March to June. During this period, $10.03 billion was attracted. This recovery was particularly driven by a $5.14 billion increase in the previous month.
Investors prefer more disciplined capital allocation, especially in Bitcoin purchases and real-world asset (RWA) tokenization.
While North American companies attracted larger funding rounds, a healthy increase in early-stage token-focused seed transactions occurred across Asia and the Middle East, indicating sustainable global innovation.
Increasing cryptocurrency acceptance has driven this broad recovery, particularly through Bitcoin ETFs, helping attract institutional capital. Greater regulatory clarity also reduced perceived risks, contributing to market recovery.
Moreover, the "crypto winter" created a more disciplined investment environment, making VC funds more selective and prioritizing solid ideas with clear paths to long-term profitability and growth.
Strive Funds Leads with $750 Million for Bitcoin Strategy
Leading the way, Strive Funds, an asset management company co-founded by American entrepreneur and politician Vivek Ramaswamy, attracted a $750 million funding round in May 2025.
This large investment aims to establish "alpha-generating" strategies through Bitcoin purchases. This move demonstrates strong institutional confidence in using Bitcoin as a core asset for sophisticated investment methods.
Twenty One Capital Raises $585 Million to Enhance Bitcoin Holdings
Another important driver of venture capital growth in Q2 2025 was the emergence of Twenty One Capital, attracting an impressive $585 million in April 2025. This large funding round was dedicated to Bitcoin purchases.
What makes Twenty One Capital's fundraising particularly notable is its status as a completely new entity, launched that same month through a business combination with Cantor Equity Partners.
Co-founded by major partners like Tether, Bitfinex, and SoftBank, and led by Jack Mallers, the company aims to become a Bitcoin-native public company focused on maximizing Bitcoin ownership per share and building a new financial market around Bitcoin.
Securitize Raises $400 Million for Real-World Asset Tokenization
Securitize, a prominent platform specializing in RWA tokenization, successfully attracted $400 million in a funding round in April from Mantle's Treasury. Mantle is a large on-chain ecosystem with a billion-dollar treasury aimed at connecting traditional and decentralized finance.
This investment emphasizes the growing interest and capital flow in this sector. It illustrates how the tokenization industry connects traditional finance with blockchain technology. This is an important step towards widespread acceptance of fractional ownership.
Other Notable Funding Rounds: Kalshi and Auradine
Prediction market platform Kalshi attracted $185 million in June 2025, reaching a $2 billion valuation. Kalshi plans to use this capital to enhance integration with mainstream brokers and deploy new contract types, showing a push for broader acceptance of prediction markets in traditional finance.
Rounding out the top 5, Auradine raised $153 million in Q2 2025. Although specific details about capital use remain unclear, this significant amount indicates a major investment in an important cryptocurrency-related enterprise.
After Q2: What's Next for Cryptocurrency Investment
Venture capital investment in Q2 2025 marks a strategic shift in the cryptocurrency industry. Significant investment in initiatives prioritizing Bitcoin and infrastructure suggests a market focused more on creating long-term value than speculative projects.
Reinforced by increasing institutional participation and greater regulatory certainty, this transformation confirms cryptocurrency as an important field to watch and invest in for the remainder of the year.
