2025 serves as a reminder — cryptocurrencies have never been a straight line.

As we enter 2026, everyone wants to see this ecosystem become more vibrant than last year. But before opening a new chapter, let's look back at what was accomplished in 2025.

Honestly, this year was quite complex. Regulatory attitudes became clearer, major positive news arrived, and the market surged to new all-time highs. However, this was followed by shifts in various voices, and market sentiment cycled periodically. Although the closing price didn't surpass the peak, this year was a necessary adjustment for the crypto industry — laying a solid foundation for genuine growth ahead.

**Key data points include:**

There were many moves in fundraising. A total of 31 venture capital rounds throughout the year (including 21 new investments and 10 follow-on investments), with an 85% success rate for lead investments in new funding rounds (17 out of 20 new investments).

The size of investment portfolios also expanded. Currently, holdings in 265 companies within the crypto ecosystem, with operations spanning 8 countries and 4 regions. By January 2026, four companies in the portfolio have gone public — Circle, Amber Group, Figure, Gemini — with a combined market value of approximately $33 billion.

Series A funding became a key focus this year. Behind these numbers, it reflects the gradual maturation process of the entire ecosystem.