Galaxy: The top seven deals accounted for nearly half of Q3 investment activity, suggesting the golden age of pre-seed round investing may be over.

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Cointime2025/11/30 11:51

By:Cointime

Galaxy Digital research report pointed out that in the third quarter of this year, seven large transactions raised more than $2.26 billion, accounting for 48.7% of the total venture capital investment in cryptocurrency and blockchain-related companies during the same period.

During this period, venture capital firms invested $4.65 billion in 415 transactions in startups and private companies focused on cryptocurrency, a quarter-on-quarter increase of 290%, but still below the levels of 2021-2022. The growth was mainly driven by late-stage companies, indicating that capital continues to concentrate on mature companies rather than early-stage startups.

Although market sentiment is improving and investment activity is increasing, Galaxy Digital believes that "the golden age of pre-seed cryptocurrency venture capital has passed."

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

The Fusaka hard fork is a major Ethereum upgrade planned for 2025, focusing on scalability, security, and execution efficiency. It introduces nine core EIPs, including PeerDAS, to improve data availability and network performance. Summary generated by Mars AI. The accuracy and completeness of this summary are still being iteratively updated by the Mars AI model.

MarsBit•2025/12/01 00:57