Where is capital flowing in the second half of 2025
In the second half of 2025, investment priorities shifted significantly: while corporate deals and treasury companies involved with Bitcoin were the center of attention in September, by October interest in this segment had notably waned. Capital began to flow into more structured blockchain projects and ready-made solutions.
Source Incrypted
An additional driver has been prediction markets: major investments in Polymarket and Kalshi, along with growing interest from Coinbase and Gemini, indicate rising demand for new financial formats. Simultaneously, from September to November, token sale volumes increased amid a more relaxed regulatory environment.
By December, venture deals regained prominence. The investment segments drawing capital at year-end reveal market trends and lay the foundation for forthcoming developments.
