Wu said that according to Galaxy Digital's report, the total amount of venture capital in the cryptocurrency industry reached 4.9 billion US dollars in the first quarter of 2025, a 40% increase compared to the previous quarter, the highest since the third quarter of 2022. More than 40% of the funds (approximately $2 billion) came from a single investment in Binance by Abu Dhabi sovereign fund MGX. American companies continue to lead with 38.6% of transaction volume, with financing mainly concentrated on trading platforms DeFi