[HashKey Capital CEO: This year, venture capital will focus on stablecoin products, RWA, artificial intelligence and infrastructure] Golden Finance reported that HashKey Capital CEO Deng Chao said that crypto projects will attract more venture capital funds in 2025. Venture capital firms are looking at stablecoin products, real-world asset (RWA) tokenization, artificial intelligence and infrastructure. Chao said that rising digital asset valuations in 2024 and the positive impact of Donald Trump's re-election in the United States will attract more venture capital into crypto projects. Chao said: "As we enter a supportive macro environment driven by US stimulus policies and the formalization of the crypto regulatory framework, these macro tailwinds will drive more venture capital into 2025." Despite the optimistic outlook, Deng Chao warned that macro risks, including geopolitical tensions or increased deficit spending, could exacerbate price volatility and uncertainty in the new year.