From stablecoins to incumbents, VCs map crypto value in 2025

Cointelegraph.com NewsVenture partners such as Pantera, Hash3 and Variant look back on a year of regulatory shifts and uneven markets, outlining crypto’s biggest winners and losers in 2025. 

​Venture partners such as Pantera, Hash3 and Variant look back on a year of regulatory shifts and uneven markets, outlining crypto’s biggest winners and losers in 2025.