According to PitchBook analyst Robert Le's prediction, venture capital in the cryptocurrency industry may exceed $18 billion by 2025, with investments reaching $5 billion in multiple quarters. The total amount of cryptocurrency venture capital in 2023 is about 9 billion US dollars, and it is expected to reach 11 billion US dollars in 2024, with an average quarterly investment of about 2 billion to 2.5 billion US dollars. Despite a slowdown in investment activity this summer, there has been a rebound after the election, and general venture capital firms are expected to refocus on the cryptocurrency sector next year. Le also pointed out that the investment theme of "encryption and artificial intelligence (AI)" will continue to heat up, and encryption technology may provide innovative solutions to certain core problems or become a new growth point in the process of AI expansion. @ftogghvvb