In 2024, venture capital investments in the Web3 sector were estimated at between $9.9 billion and $11.5 billion. In 2025, the industry is expected to see a surge in venture capital influx.
Analysts from Insights4VC published a report estimating that the total venture capital investment in the blockchain industry in 2024 reached around $11.5 billion, with 2,153 deals made. In comparison, the investment volume was less than $10 billion the previous year, though in 2021 and 2022, it exceeded $30 billion. The report cites Galaxy Research as the data source.
Moreover, the paper references PitchBook’s report, which states that the total venture capital investment in Web3 technologies was $9.9 billion in 2024. The forecast for 2025 is a rise to $18 billion. Insights4VC analysts agree, predicting increased venture funding in the cryptocurrency industry due to key factors such as:
- the growing institutionalization of Bitcoin;
- the rise in the market cap of stablecoins;
- positive regulatory changes;
- strengthened integration of DeFi and TradFi.
In 2024, infrastructure projects dominated the Web3 sector, attracting $5.5 billion in investments. These were focused on scaling blockchain networks through L2 solutions, modular technologies, sequencers, and Rollup-as-a-Service (RaaS). Liquid staking protocols and developer tools also saw significant funding in this space.
In 2024, the volume of venture capital investments in the cryptocurrency sector decreased overall, though Bitcoin startups continued to attract strong investor interest.