In October 2025, 83 cryptocurrency companies successfully raised $3.9 billion, according to DL News, despite a recent $20 billion market crash. This brings the total crypto funding for the year to over $21 billion. Galaxy Ventures' Mike Giampapa highlighted that the market downturn has not deterred venture capital interest in the sector. Leading the funding rounds were Polymarket with $2 billion, Tempo with $500 million, and Kalshi with $300 million.