%Cryptocurrency start-up companies are raising records amounts of capital amid a bull run in digital assets.
Small crypto start-ups have raised $36 million in the week ended Aug. 22, according to data from website DefiLlama.
That brings the total funding for crypto start-ups so far in 2025 to over $14 billion U.S., crushing 2024’s total by more than $1 billion U.S.
Industry players have raised more than $4 billion U.S. in July and August of this year alone as investor appetite for digital assets and companies grows.
PitchBook forecasts that the crypto industry will raise $18 billion U.S. this year, which would be a record amount for the sector.
However, Galaxy Ventures and Codebase are even more bullish and expect crypto start-ups to raise as much as $25 billion U.S. for all of 2025.
Start-up companies that have raised millions of dollars in recent weeks include Cointel and Block Earner, among others.
Analysts say venture capital dollars are flowing into start-ups amid a bull run in cryptocurrencies such as %Bitcoin (CRYPTO: $BTC) and %Ethereum (CRYPTO: $ETH).
Start-ups are also attracting capital amid a wave of cryptocurrency initial public offerings (IPOs), with companies such as %Circle (NYSE: $CRCL) and %Bullish (NYSE: $BLSH) having recently gone public.
Bitcoin is currently trading at $112,000 U.S., having gained 20% on the year.
