Crypto projects are set to attract more venture capital in 2025, according to HashKey Capital CEO Deng Chao. Venture capitalists are eyeing stablecoins, real-world asset tokenization, AI, and infrastructure. Chao predicts increased digital asset valuations and supportive US policies will drive investments, but warns of potential macro risks like geopolitical tensions.

Stablecoins are gaining traction, especially in emerging markets, as they offer banking solutions without traditional infrastructure. The real-world asset tokenization sector could hit $30 trillion by 2030. Despite growth, 2025 VC investments are expected to fall short of the 2021 peak.