💰 Fundraising Rounds by Stage
2025 YTD, crypto fundraising saw 1,056 rounds split as follows:
— Seed: 16%
— Strategic: 15%
— M&A: 12%
— Pre-Seed: 7%
— Series A: 7%
— Incubation: 5%
Early-stage still leads, but strong Strategic & M&A activity signals a maturing market.
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