Experts predict that under the incoming Trump administration, the capital going into US crypto startups will only increase.
About half of all venture capital funding in the fourth quarter of 2024 went to cryptocurrency startups headquartered in the United States, and an incoming pro-crypto administration could push that further.
Galaxy Digital’s Crypto and Blockchain Venture Capital report, filed on Jan. 15, found that 46% of capital invested went to startups headquartered in the US, dwarfing the jurisdiction in second place, Hong Kong, which captured 16%.
The US also led the deal count, with 36% of all venture capital (VC) deals involving a company in the US, followed by Singapore with 9% and the UK with 8%.