According to news from CoinWorld, data from the (DeFi Report) indicates that venture capital funding for blockchain startups reached $13.6 billion in 2024, accounting for 4.9% of the total $279 billion in venture capital that year. These figures reflect a recovery from the $10.1 billion in venture capital obtained by crypto companies in 2023. However, the industry is still far behind the peak of 2021, when crypto startups raised $32.4 billion in funding. One of the highlights of 2024 was Monad Labs raising $225 million to build a Layer-1 smart contract network, while Berachain raised $100 million to support its modular blockchain development platform. Additionally, the Bitcoin staking protocol Babylon raised $70 million, and the tokenization platform Securitize secured $47 million in investment from BlackRock. Looking ahead, PitchBook's forecasts indicate that the crypto sector will attract over $18 billion in capital in 2025, with significant growth anticipated. Analysts at Galaxy Research also expect that the surge in venture capital activity will be driven by a combination of declining interest rates and increased regulatory clarity in the crypto space, which will enhance investor interest in venture capital opportunities. 'Crypto venture fundraising has historically lagged behind the trends of the broader crypto market, and a certain degree of 'catch-up' is expected in the coming four quarters,' said Alex Thorn and Gabe Parker.