According to the DeFi report, blockchain start-up companies received $13.60 billion in venture capital investment in 2024, accounting for 4.9% of the total investment of $279 billion for the year. This figure is up from $10.10 billion in 2023, but still well below the record of $32.40 billion set in 2021. Going forward, benefiting from falling interest rates and regulatory clarity, analysts expect the crypto industry to attract more than $18 billion in venture capital in 2025.