The financing of the cryptographic company in the United States registered approximately $ 861 million during the first three months of 2025, but was eclipsed by the route of almost $ 20 billion of artificial intelligence, according to the data provided by PitchBook, which show how investors continue to pivate AI.
The data show that investors closed 795 agreements in the USA. In AI from January to March, with great success agreements such as the round of $ 15.3 billion databricks and the dominant holders of $ 2 billion of Anthrope.
Crypto’s largest box office success, in comparison, was the MGX of Abu Dhabi, with an investment of $ 2 billion in Binance, the first institutional placement in the exchange of cryptography. Other notable agreements include an increase of $ 82 million by the Mesh payment infrastructure company, the $ 70 million round of the ETF Bitwise issuer and the offer of $ 58 million digital Asset Bank Sygnum.
The previous Pitchbook reports show that the new AI companies attracted a third of the global risk capital investment in 2024, for a total of $ 131.5 billion, with almost a quarter of new new companies of AI in 4,318 VC agreements, compared to the $ 4.9 billion Crypto in just 706 agreements.
ANALYSIS: Has the AI stole Crypto’s risk dollars?
The Blockbuster rounding of the VC in the AI space and the acceleration clowns of headlines, such as Sam Altman of OpenAi, in search of billions, and the rise of the technological novelty to the family name thanks to the models of transformers, would make it think that there is suddenly a preference investor for one on the other.
Historically, all data show that VCs have generally favored AI on cryptography, with AI and automatic learning that attract consistent funds that have exposed exponentially, according to statista data, which grow from $ 670 million in 2011 to $ 36 billion in 2020.
There has only been one year in which Crypto Beat AI for funds, and that comes with a warning: the categorizations of the narrowest, such as the estimation of AI of $ 22.3 billion AI of ABI Research in 2021, suggests that the cryptogram briefly exceeded the funds of AI during the AI crypto cycle before the funds of ia increase again to more than $ 100 billion 2024.
Keep in mind that all this ignores crypto-national peculiarities such as Airdrops, which put new capital in users and, in turn, pump the price of Token, inflating the size of the project treasure bonds.
A recent Dragonfly report found that between 2020 and 2024, the 11 largest aerdrops generated $ 7 billion. This will not close the gap between AI and cryptography, but shows that there are more ways to obtain a dollar than traditional risk capital.
