The cryptocurrency sector witnessed a surge in venture capital inflows last week, with fundraising totaling $3.48 billion, marking a new weekly record high.

This milestone highlights how major venture capital firms and institutional giants are increasing their investments in the blockchain space.

Venture Capital Flows Into Crypto at Record Pace

According to CryptoRank, between October 6 and 12, crypto venture fundraising hit $3.48 billion, surpassing the previous ATH of $3.16 billion set in November 2024. The record haul encompassed 27 funded projects and companies, reflecting broad participation across the ecosystem.

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Pantera Capital emerged as the most active participant, closing four rounds, including two in which it took the lead. Hack VC followed closely, spearheading two investments.

Other prominent firms, each leading one round, included General Catalyst, Road Capital, Delphi Ventures, Sequoia Capital, Andreessen Horowitz (a16z), and Galaxy. The blockchain services category dominated activity, accounting for 12 rounds. Centralized finance (CeFi) followed with 6 rounds.

The most common funding bracket during the week was the $3–10 million range, which accounted for 7 rounds. Another 5 rounds fell within the $10–20 million range. Larger rounds also played a significant role.

There were 4 fundraises each in the $20–50 million and $50 million+ categories. This contributed heavily to the overall record total.

Notably, this weekly peak builds on a strong third quarter for crypto venture funding, Go to Source to See Full Article
Author: Kamina Bashir