Dragonfly: Crypto venture capital will grow significantly in 2025

Dragonfly partner Rob Hadick said crypto venture capital will grow significantly in 2025, driven by a loosening regulatory environment in the United States, continued rise in token prices and institutional capital inflows. However, he believes that financing levels will be difficult to return to the peak of 2021-2022 in the short term, reflecting VC’s cautious attitude to avoid repeating past mistakes. In 2025, Dragonfly will continue to support areas with proven market demand such as DeFi, CeFi, expansion platforms, stablecoins/payments. Hadick said that while emerging areas such as encrypted AI and decentralized physical infrastructure networks (DePIN) are receiving attention, they are still in an "experimental stage." He predicts that investment in areas such as security, tokenization and interoperability may decrease, and market attention will shift to emerging tracks. Additionally, decentralized social media may face development challenges due to a lack of scalability and market fit. (The Block)