Crypto fundraising is on pace to break records in 2025, with $16.5 billion raised in the first half alone, according to a report from CEX.IO.

According to the report, this has already surpassed the $12.2 billion recorded across all of 2024 and also exceeds the $10.9 billion raised during the 2021 bull run, the industry’s most active fundraising year to date.

Moreover, the substantial fundraising made up 5.3% of global venture capital activity in Q2 2025, the highest share in three years.

CEX.IO noted that this rising number showcases renewed interest following growing adoption trends and a post-election regulatory shift. It also suggests a rebound in investor confidence despite global venture markets remaining cautious.

Tokenless projects gain traction

One of the clearest trends in 2025 is the shift toward quality over quantity. Investors are putting larger sums into fewer projects, with the average deal size reaching nearly $20 million.

This signals growing confidence in experienced teams with sound business models, rather than speculative bets on early-stage ventures.

Meanwhile, another striking development this year is the rise of tokenless fundraising. So far this year, 82% of funded projects raised capital without launching a token.

According to CEX.IO, this shift suggests investors are prioritizing real products, sustainable revenue, and long-term fundamentals.

In contrast, 85% of token-funded projects in 2025 are underperforming on key metrics, a trend that has reinforced caution among investors.

CEX.IO concluded that the move away from token launches and toward operational businesses illustrates a maturing market. According to the firm, investors are now backing ventures that aim to build sustainable products before exploring token models.

Where the money went

finance-related projects, including CeFi and DeFi, received the lion’s share of funding. The projects raised $4.9 billion across 171 deals, or 51.4% of total investments during the period.

Other sectors like infrastructure-focused ventures, including hardware, security, oracles, and bridges, secured 17.9% of the funding.

Meanwhile, consumer-facing applications, artificial intelligence, and DePin projects followed, attracting 14.7%, 5.0%, and 3.1% of funding, respectively.

Another interesting point was that M&A activity has quietly surged, crossing the $6 billion mark, more than triple last year’s figure. CEX.IO pointed out that these deals now account for 36.7% of all crypto transactions.

According to the report, this growth emphasizes the industry’s shift toward consolidation, with companies acquiring existing platforms and technologies to accelerate user growth and strategic positioning.

June 9th, 2025 – Sydney, Australia

With the support of Galaxy Ventures and previous investment from notable industry leaders like Vitalik Buterin, RISE sets out to solve the blockchain adoption challenge with its exponentially faster blockchain technology; offering real-time performance of as low as 5ms latency and a 100k TPS target, while maintaining a decentralization-first roadmap.

RISE, a real-time blockchain scaling Ethereum with record throughput and ultra-low latency, announced a $4 million investment from Galaxy Ventures, bringing total funds raised to date to $8 million. This latest funding round will enable RISE to continue to push the boundaries of blockchain performance and develop the next generation of blockchain applications.

Offering instant transaction speeds is a key pillar of bringing more assets, enterprises, and users onchain, but building a blockchain that provides this has been difficult to date. RISE, a new blockchain built on top of Ethereum, solves this with its breakthrough transaction architecture, powered by Shreds which enable record-breaking latency as low as 5-milliseconds. This is especially significant for advanced DeFi use cases such as orderbook strategies, options, high-frequency trading, and market making. RISE launched its public testnet earlier this month, which has already undergone significant battle testing, reaching over 2 billion transactions, including over 50,000 transactions processed in a single 1-second block. This enables developers to experiment and build onchain apps that operate with a new standard of performance, introduced as “Infinite Speed”: real-time performance, decentralized.

By rethinking blockchain design from first principles, RISE addresses a fundamental tradeoff where low latency and high throughput previously required compromising decentralization. Competing blockchains often rely on centralized approaches, introducing censorship risk and single points of failure. RISE was built from day one to deliver unstoppable performance without sacrificing decentralization, enabling real-time transactions on widely accessible, standard hardware. RISE will also implement performance-compatible based sequencing to leverage Ethereum’s vast network of validators and unlock synchronous composability between Ethereum and RISE.

Key Differentiators of RISE:

• Shreds: Sub-blocktime transaction confirmations enabling as low as 5ms round-trip latency
• Scalable Throughput: Currently benchmarked at over 50,000 TPS, with plans to exceed 100,000 TPS
• Based Sequencing (Coming Soon): Unlocking a true extension of Ethereum and solving liquidity fragmentation for users
• Secured Shreds (Coming Soon): Preconfirmations economically secured by Ethereum Validators, significantly improving the security profile

“Performance is only meaningful if it lasts,” said Sam Battenally, co-founder and CEO of RISE. “RISE was built to stay fast—forever. This investment from Galaxy Ventures underscores the need for infrastructure that doesn’t just scale technically, but scales trustlessly. We’re excited to accelerate toward mainnet and bring the next generation of crypto apps into reality.”

RISE will use the funding to support product and app development in the lead-up to mainnet launch. Builders can explore the testnet now at portal.risechain.com.

“RISE is the first project we’ve seen that addresses the scalability trilemma without material security tradeoffs,” said Neil Bhuta, Investor at Galaxy Ventures. “It brings a level of speed, scalability, and decentralization that is essential to supporting a new generation of high-performance applications. We’re proud to back a talented team that is pushing the boundaries of blockchain technology.”

About RISE

RISE is a next-generation Ethereum Layer 2 blockchain redefining performance with “Infinite Speed”—delivering instant transaction confirmation at unprecedented scale, while upholding Ethereum’s core principle of decentralization. Its architecture enables as low as 5ms latency and will support over 100,000 TPS, unlocking a radically improved experience for both developers and users. Seed investors include Ethereum co-founder Vitalik Buterin and AAVE founder Stani Kulechov. For more information, users can visit https://risechain.com/.

Contact

Co-Founder and CEO
Sam Battenally
RISE Labs
sam@riselabs.xyz

Bitcoin’s price trajectory has once again gained headlines, and this time Catalyst appears to be a global liquidity trend that shapes investor sentiment. In a recent comprehensive breakdown, Matt Crosby, lead analyst at Bitcoin Magazine Pro, presents compelling evidence that links it to the global M2 money supply, which expands the new bullish momentum of digital assets. His insights not only reveal the future of Bitcoin prices, but also anchor the macroeconomic relevance in the broader financial context.

Bitcoin Price and Global Liquidity: High Impact Correlation

Crosby highlights an incredibly consistent correlation (often above 84%) between Bitcoin prices and global M2 liquidity levels. As liquidity increases across the global economy, Bitcoin prices typically respond with an upward movement, but there are significant delays. Historical data supports observations of 56-60 days between financial expansion and Bitcoin price rise.

This insight has been proven accurate recently as Bitcoin prices have rebounded beyond $85,000 from the $75,000 low. This trend closely matches the predicted recovery outlined by Crosby and his team based on macro indicators, examining the strength and reliability of the correlations that increase the price of Bitcoin.

Why two months of delay affects Bitcoin price

A two-month delay in market response is an important observation to understand the price movement of Bitcoin. Crosby emphasizes that monetary policy and liquidity injections do not immediately affect speculative assets like BTC. Instead, there is usually an incubation period of about two months, during which liquidity filters through the financial system and starts to affect the price of Bitcoin.

Crosby optimizes this correlation through various backtests, adjusting the time frame and offset. Their findings show that 60-day delays provide the most predictive accuracy for both short-term (1 year) and extended (4 year) historic Bitcoin price actions. This lag offers strategic advantages for investors who monitor macro trends and predict a surge in Bitcoin prices.

Impact on price trends for S&P 500 and Bitcoin

Adding even more reliability to the paper, Crosby extends his analysis to the traditional stock market. The S&P 500 shows a stronger correlation with global liquidity of around 92%. This correlation reinforces the argument that financial expansion is a key driver not only for Bitcoin prices, but also for the broader risk-on asset classes.

By comparing liquidity trends with multiple indices, Crosby demonstrates that Bitcoin prices are not unusual, but are part of a broader systematic pattern. As liquidity rises, stocks and digital assets tend to make similar profits, making M2 an important indicator for timing the price movement of Bitcoin.

Bitcoin price forecast to $108,000 by June 2025

To build a future-view perspective, Crosby adopts historic fractals from the previous bull market to project future Bitcoin price movements. If these patterns cover current macro data, the model points to scenarios where Bitcoin prices will be retested and could exceed the all-time high, targeting $108,000 by June 2025.

This optimistic prediction of Bitcoin prices rests on the assumption that global liquidity continues on an upward trajectory. A recent Federal Reserve statement suggests that further financial stimuli could be deployed if market stability is reduced, and if there is another tailwind due to the price growth of Bitcoin.

The expansion rate affects the price of Bitcoin

While rising liquidity levels are important, Crosby emphasizes the importance of monitoring liquidity expansion rates to predict Bitcoin price trends. Year-on-year growth rate provides a more nuanced view of macroeconomic momentum. Liquidity has generally been rising, but the pace of expansion has temporarily slowed down before it resumed its upward trend in recent months.

This trend is surprisingly similar to the conditions observed in early 2017, just before Bitcoin prices entered an exponential stage of growth. This similarity strengthens Crosby’s bullish outlook on Bitcoin prices, highlighting the importance of dynamic and dynamic rather than static macro analysis.

Final Thoughts: Preparing for the Next Bitcoin Price Stage

While potential risks such as a global recession and a major stock market correction persist, current macro indicators point to a favorable environment for Bitcoin prices. Crosby’s data-driven approach provides investors with a strategic lens for interpreting and navigating the market.

For those who want to make informed decisions in an unstable environment, these insights provide practical intelligence based on economic foundations to exploit the opportunities for Bitcoin price.

For more in-depth research, technical metrics, real-time market alerts, and access to the growing community of analysts, visit bitcoinmagazinepro.com.

Disclaimer: This article is for informational purposes only and should not be considered financial advice. Always do your own research before making an investment decision.

First of all, Bitcoin is a decentralized protocol and no one can control it. There are no plans or roadmap.

To keep that out of the way, I don’t think quantum computing is seen as an imminent threat. From what I can find, even optimistic predictions put practical quantum computing at least ten years from now, but that is not even achieved.

Quantum tolerance signature schemes, on the other hand, use much larger public keys and signatures, significantly limiting transaction throughput. According to a recent blog post from Ledger, the cutting-edge PQC scheme uses 1563 bytes of signatures, more than 20 times the signatures currently in use in Bitcoin. This is an area of ​​active research, so people want to wait for more improvements before they commit to adding a specific scheme to Bitcoin.