Crypto VC firms expand investments into AI, defense, and fintech beyond blockchain
By
Murtuza Merchant
Summary
Major cryptocurrency venture capital firms are broadening their investment mandates beyond blockchain and crypto-native startups, now backing AI infrastructure, defense technology, and fintech companies. This shift, covered by The Block, marks a structural change as the addressable market for pure-play crypto deals narrows. Funds that once exclusively focused on decentralized networks are now investing in companies without tokens, signaling a significant evolution in how crypto VC capital is deployed across technology sectors.
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Key quotes
· 3 pulledMajor cryptocurrency venture capital firms are broadening their investment mandates beyond blockchain and crypto-native startups, backing AI infrastructure, defense technology, and fintech companies
The shift, covered this week by The Block, marks a structural change in how the industry's largest pools of capital deploy across technology sectors.
Funds that once defined themselves by their exclusive focus on decentralized networks are now writing checks into companies that have no token
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