Pantera Partner: Why the 2025 encryption VC landscape is different from previous cycles?



[Plain Language Guide] In 2025, the cryptocurrency industry will achieve a historic breakthrough, raising over $16 billion, with merger and acquisition transactions exceeding 100, setting a new record.

Increased regulatory clarity, support from the Trump administration, and expectations for interest rate cuts by the Federal Reserve are driving capital inflows. The market is shifting from speculation to strategic integration, with an IPO boom replacing token listings, led by companies like Circle and BitGo. The deep integration of encryption with industries such as AI and payment is resulting in a surge in stablecoin trading volume, and the adoption of Layer 2 solutions is accelerating into the mainstream.

The merger and acquisition and IPO boom in 2025 indicates industry maturity, with stronger growth expected from Q4 2025 to Q1 2026, as encryption currencies are becoming the core pillars of global finance and technology.

For details, please see:
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GateUser-2b6c55d1vip
· 08-30 17:08
https://gate.com/post?post_id=13403899&tim=DQ4NBgxfAAQO0O0O&ref=VLMQBAHAAW&ref_type=105
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