Crypto venture funding in the U.S. clocked in at approximately $861 million for the first three months of 2025, but was dwarfed by artificial intelligence’s nearly $20 billion haul, according to data provided by Pitchbook, showing how investors continue to show preference to AI.
Data shows that investors closed 795 deals in the U.S in AI from January to March, with blockbuster deals like Databricks’ $15.3 billion round and Anthropic’s $2 billion raise dominating headlines.
Crypto’s largest blockbuster deal, in comparison, was Abu Dhabi’s MGX, with a $2 billion investment into Binance – the first institutional placement in the crypto exchange. Other deals of note include a $82 million raise from payment infrastructure company Mesh, ETF issuer Bitwise’s $70 million round, and digital asset bank Sygnum’s $58 million offering.
Prior reporting by Pitchbook shows that AI startups attracted one-third of global VC investment in 2024,…
