数据:头部加密 VC 仍积极布局,DeFi 赛道融资创近年新低

链捕手
Jul 20

ChainCatcher 消息,据 CryptoRank 报道,2025 年以来加密风投市场整体仍处低位运行,但 Coinbase Ventures、Animoca Brands、Andreessen Horowitz(a16z crypto)、Tether 等头部机构依旧活跃布局。其中,Coinbase Ventures 参与约 33 笔、Animoca Brands 约 19 笔、a16z crypto 约 18 笔。

整体来看,近月度总融资规模在数亿美元至数十亿美元区间波动,早期轮次占比较高,资金更集中于早期项目筛选与结构性机会。与此同时,DeFi 赛道 VC 投入已连续三个季度下滑,当前季度投资额降至自 2023 年四季度以来最低,2026 年二季度 DeFi 融资轮次也创下自 2020 年以来新低,显示资金对 DeFi 项目筛选趋严,赛道进入深度存量博弈阶段。

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