In September 2025, the number of publicly disclosed cryptocurrency venture capital fundraising rounds fell to 62, marking a 25.3% decrease from August's 83 rounds and a 37.4% decline compared to September 2024's 99 rounds. Despite the drop in the number of rounds, the total fundraising amount increased by 5.2% month-on-month, reaching $5.122 billion, up from $4.869 billion in August 2025.