BlockBeats news, on November 29, according to DL News, investment institutions have invested nearly $25 billion in encryption companies in 2025, exceeding last year's scale by over 150%, far surpassing market expectations. This year, leading institutions involved in transactions include tech-focused Paradigm and Sequoia Capital, as well as Wall Street giants BlackRock, JPMorgan, and Goldman Sachs. According to DefiLlama data, the hottest tracks are: centralized trading platforms (raising $4.4 billion), prediction markets (raising $3.2 billion), and DeFi platforms (raising $2.9 billion). Jordan Knecht, head of institutional strategy at blockchain service company GlobalStake, pointed out: "Current projects attracting capital must meet regulatory transparency, operational resilience, and be able to connect with Financial Institutions and their benchmarks."