Venture capital investments in crypto and blockchain startups surged to their highest level since March 2022, signaling renewed confidence in the industry.

According to data from DeFiLlama, crypto firms secured $3.5 billion in funding in March 2025, marking a 246% increase from February’s $1.01 billion.

This figure is the highest recorded since March 2022, when venture capital firms poured $3.6 billion into crypto projects before the onset of the prolonged bear market. That downturn eventually contributed to the downfall of major players like FTX and Celsius.

This month’s standout raise was conducted by Binance, which secured $2 billion in backing from Abu Dhabi-based MGX. Meanwhile, TON Network‘s $400 million raise was the second highest amount during the month.

Meanwhile, World Liberty Financial, a DeFi project associated with President Donald Trump, completed a public token sale worth $250 million. The Walrus Foundation also drew investor interest, raising $140 million to support its expanding crypto initiatives.

This surge in capital aligns with a broader wave of optimism across the digital asset space. Investors are responding to growing expectations that the Trump administration will introduce more straightforward regulations favorable to the crypto industry.