Galaxy Reports Challenging Crypto Fundraising Environment

Crypto venture capital investment fell sharply to $1.97 billion in Q2 2025, a 59% quarterly decline, according to Galaxy Digital Research. The firmwide research head Alex Thorn noted the drop partly reflects an abnormal $2 billion investment in Binance during Q1 by UAEs MGX fund; excluding that deal, the decline would have been 29%. Galaxys []