{"id":23973,"date":"2025-05-14T12:53:51","date_gmt":"2025-05-14T09:53:51","guid":{"rendered":"https:\/\/forklog.com\/en\/venture-deals-in-crypto-industry-surge-to-6-billion-in-q1\/"},"modified":"2025-05-14T12:53:51","modified_gmt":"2025-05-14T09:53:51","slug":"venture-deals-in-crypto-industry-surge-to-6-billion-in-q1","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/venture-deals-in-crypto-industry-surge-to-6-billion-in-q1\/","title":{"rendered":"Venture Deals in Crypto Industry Surge to $6 Billion in Q1"},"content":{"rendered":"<p>The volume of venture deals involving cryptocurrency startups reached $6 billion by the end of January-March, according to data from PitchBook, reports <a href=\"https:\/\/cointelegraph.com\/news\/crypto-venture-funding-doubles-q1-deal-count-drops-pitchbook\">Cointelegraph<\/a>.<\/p>\n<p>For comparison, the figure for the same period last year was $2.6 billion, and $3 billion for the fourth quarter.<\/p>\n<p>In terms of quantity, 405 deals were recorded, which is 39.5% less than in January-March 2024 (670), but slightly more than in October-December (372).<\/p>\n<p>Despite macroeconomic upheavals during the quarter, &#8220;capital continued to seek out the primary useful applications of cryptocurrencies,&#8221; analysts noted.<\/p>\n<p>The main recipients of funds were digital asset managers, exchanges, and financial service providers \u2014 $2.55 billion across 16 deals.<\/p>\n<p>Next in line were infrastructure and development firms \u2014 approximately $955 million across 30 deals.<\/p>\n<p>Third place was taken by startups focused on Web3 \u2014 $231.2 million across 23 deals.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/1-1559.webp\" alt=\"1-1559\" class=\"wp-image-258673\"\/><figcaption class=\"wp-element-caption\">Data: PitchBook.<\/figcaption><\/figure>\n<p>Experts noted that <a href=\"https:\/\/u1f987.com\/en\/news\/circle-to-launch-ipo-on-nyse\">the anticipated <span data-descr=\"initial public offering\" class=\"old_tooltip\">IPO<\/span> of Circle<\/a> &#8220;represents the most significant event for cryptocurrencies since Coinbase went public in 2021.&#8221;<\/p>\n<p>If the market values the company above the stated range of $4 billion to $5 billion, venture investors will receive a signal of the resilience and profitability of business models similar to Circle, as well as a clearer benchmark for future deals.<\/p>\n<p>Separately, experts highlighted the &#8220;disruptive impact&#8221; of applications with dollar stablecoin settlements. In the first quarter, the capitalization of &#8220;stablecoins&#8221; grew by 12%, from $202.3 billion to $227.1 billion, amid stagnation or decline in other market sectors.<\/p>\n<p>PitchBook forecasted further interest growth in startups in the fields of payments, remittances, and treasury management, &#8220;which directly monetize the velocity of stablecoins.&#8221;<\/p>\n<p>In light of <a href=\"https:\/\/u1f987.com\/en\/news\/bybit-exchange-suffers-1-46-billion-loss-in-hack\">the Bybit hack<\/a>, analysts noted the potential for increased institutional demand for real-time proof-of-reserves tools, improved custodial solutions, and key management software.<\/p>\n<p>In May, the share price of trading platform eToro <a href=\"https:\/\/u1f987.com\/en\/news\/etoro-valued-at-4-3-billion-as-shares-priced-at-52\">was<\/a> $52, exceeding the initial IPO range of $46-50, reflecting increased investor demand.<\/p>\n<p>In April, Circle <a href=\"https:\/\/u1f987.com\/en\/news\/circle-considers-delaying-ipo-amid-market-turmoil\">postponed<\/a> its securities offering amid a <a href=\"https:\/\/u1f987.com\/en\/news\/a-volatile-friday-how-crypto-reacted-to-tariffs-and-the-fed-chairs-remarks\">correction<\/a> following the announcement of <a href=\"https:\/\/u1f987.com\/en\/news\/trump-declares-liberation-day-with-new-tariffs\">&#8220;liberation tariffs&#8221;<\/a> by U.S. President Donald Trump.<\/p>\n<p>From May 19, Coinbase <a href=\"https:\/\/u1f987.com\/en\/news\/coinbase-to-join-sp-500-as-first-crypto-company\">will become<\/a> the first crypto company whose shares will be included in the S&#038;P 500 index.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The volume of venture deals involving cryptocurrency startups reached $6 billion by the end of January-March, according to data from PitchBook, reports Cointelegraph. For comparison, the figure for the same period last year was $2.6 billion, and $3 billion for the fourth quarter. In terms of quantity, 405 deals were recorded, which is 39.5% less [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":23972,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1145,1133],"class_list":["post-23973","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-market-analysis","tag-venture-investments"],"aioseo_notices":[],"amp_enabled":true,"views":"26","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/23973","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=23973"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/23973\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/23972"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=23973"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=23973"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=23973"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}