Crypto VC Funding Reaches $5.11B in October 2025, Led by Coinbase Ventures

• October 2025 crypto funding hit $5.11 billion in VC deals, driven by major rounds like Echo’s $375 million and Kalshi’s $300 million.

• Coinbase Ventures topped participation with 10 deals, focusing on AI and prediction markets amid a shift from early-stage investments.

• Token sales raised over $7 billion, including 177 private placements, though public ICOs and IDOs lagged at $94 million from 61 events.

Crypto funding October 2025 surges to $5.11B in VC deals, led by U.S. investments and AI focus. Discover key trends, top deals, and token sales insights. Stay ahead—explore now for investment opportunities.

What was the total crypto VC funding in October 2025?

Crypto VC funding in October 2025 totaled $5.11 billion across 127 deals, making it the second-best month of the year behind March’s $5.79 billion. This figure reflects a return to normalized investment levels after several months of subdued activity, with undisclosed international deals contributing $1.63 billion and the United States dominating at $2.26 billion. The uptick underscores a maturing market prioritizing sustainable growth over speculative early ventures.

Crypto funding accelerated in October, rising to $5.11B. | Source: Cryptorank

Investors have increasingly favored late-stage projects this year, learning from the 2021-2022 cycle where low-float tokens often underperformed. This strategic shift has led to larger, more stable funding rounds, with average deal sizes ranging from $3 million to $10 million. According to data from Cryptorank, the month’s activity signals renewed optimism in the sector despite broader market volatility.

How did funding sectors evolve in crypto investments during October 2025?

AI-related projects captured 32% of total funding activity in October 2025, emerging as a dominant force in crypto investments. Binance Alpha initiatives accounted for over 15% of deals, while real-world assets (RWA), payment solutions, and developer tools also drew significant capital. In contrast, NFTs and gaming sectors saw negligible investment, diminishing the role of firms like Animoca Brands. This realignment, supported by insights from industry trackers like Cryptorank, indicates a pivot toward infrastructure and utility-driven innovations. Experts note that such trends could sustain momentum into late 2025, with AI integrations potentially yielding high returns for backers. For instance, a venture analyst from a leading firm stated, “The focus on AI and RWAs reflects a more discerning investor base seeking long-term value over hype.”

The evolution mirrors a broader year-long pattern where VC funds have become cautious about early-stage platforms, opting instead for established entities with proven scalability. This has resulted in fewer but larger transactions, enhancing overall market efficiency.

Frequently Asked Questions

What were the largest crypto funding deals in October 2025?

The standout deals included a $375 million round for Echo, founded by crypto influencer Jordan Fish, and a $300 million raise for prediction market platform Kalshi. These late-stage investments, both exceeding $300 million, propelled the month’s total and highlighted interest in innovative trading tools and community-driven projects.

Why are token sales decreasing in public crypto rounds in 2025?

Public token sales through ICOs and IDOs raised only $94 million across 61 events in October 2025, down due to retail investors shifting toward airdrops and point farming for easier access. Private placements dominated with 177 deals totaling over $7 billion, as institutional players like funds and whales prefer controlled environments with higher valuations.

Key Takeaways

• VC Funding Surge: October 2025’s $5.11 billion total, led by U.S. deals at $2.26 billion, marks a recovery and second-best month since 2022.
• Sector Shifts: AI claimed 32% of investments, sidelining NFTs and gaming, while RWA and payments gained traction for practical applications.
• Token Sales Dynamics: Private rounds drove $7 billion in raises, advising investors to monitor Binance Wallet opportunities averaging 1,364% returns year-to-date.

Conclusion

As crypto VC funding in October 2025 climbed to $5.11 billion, the emphasis on late-stage projects and sectors like AI and RWA solidified a more robust investment landscape. With Coinbase Ventures leading participation and token sales maintaining strong private momentum, the industry appears poised for continued expansion. Investors should watch for emerging deals in developer tools and payments to capitalize on this upward trajectory moving forward.