From stablecoins to incumbents, VCs map crypto value in 2025

Dec 24, 2025 - 14:15
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From stablecoins to incumbents, VCs map crypto value in 2025

From stablecoins to incumbents, VCs map crypto value in 2025

Venture partners such as Pantera, Hash3 and Variant look back on a year of regulatory shifts and uneven markets, outlining crypto’s biggest winners and losers in 2025.

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