In the United States, company financing in crypto reached around $ 861 million for the first three months of 2025, but was overshadowed by the transport of almost $ 20 billion in artificial intelligence, according to data provided by Pitchbook, showing how investors continue to rotate towards AI.
Data show that investors have concluded 795 transactions in the United States in IA from January to March, with successful offers such as $ 15.3 billion in data and 2 billion anthropic dollars increase the dominant titles.
In comparison, the largest crypto blockbuster agreement was the MGX of Abu Dhabi, with an investment of $ 2 billion in Binance – the first institutional investment in the EXCHANGE Crypto. Other transactions notably include an increase of $ 82 million compared to the MESH payment infrastructure company, $ 70 million $ 70 million in ETF ITF Intuer and the offer of $ 58 million in Digital Asset Bank Sygnum.
Previous pitchbook reports show that AI startups attracted a third of global VC investments in 2024, totaling $ 131.5 billion, with almost a quarter of new startups being an AI company in 4,318 CR offers, compared to 4.9 billion dollars of crypto in the only 706 agreements.
Analysis: Has AI stole the dollars of the Crypto company?
The successful tours of VCS in the space of AI and the puffs that have heads, such as Sam Altman of Openai in search of billions of trillions, and the rise of the AI of technological novelty in the familiar name thanks to the models of transformers, would suggest that there is suddenly a preference for investors for one compared to the other.
Historically, all data show that VCs have generally favored AI on crypto, with AI and automatic learning attracting coherent funding that has exponentially widened, according to Statista data, from $ 670 million in 2011 to $ 36 billion in 2020.
There was only a year when Crypto beat the AI for funding, and this comes with a warning: the categorizations of the closer AI, such as the Abi Research estimate of $ 22.3 billion in 2021, suggest that the crypto briefly exceeded the financing of the AI during the Hijugry Cycle before the financing of the AA 100 billion dollars by 2024.
Keep in mind that all of this ignores crypto-native quirks like Airdrops, which put a new capital in the hands of users and, in turn, pump the price of the token, inflating the size of the projects of the projects.
A recent Dragonfly report revealed that between 2020 and 2024, the 11 largest Airmarps have generated $ 7 billion. This will not fill the gap between AI and crypto, but it shows that there are more ways to obtain a dollar than traditional venture capital.
