RootData Chief Product Manager Ye Wang: CeFi financing leads with $23.58 billion, Wall Street is launching a "dimensionality reduction attack" on the crypto-native ecosystem

ChainCatcher news, at the Silicon Valley 101 x RootData annual summit held in Silicon Valley, RootData's Chief Product Manager Ye Wang released the "2025 Cryptocurrency Development Research Report."

Ye Wang mentioned that the financing landscape of the cryptocurrency market is undergoing profound changes. The CeFi sector leads with a strong financing amount of $23.58 billion, with a single financing round of $173 million being 11 times that of the infrastructure sector, demonstrating the "dimensionality reduction attack" of traditional financial forces through tools such as IPOs, bonds, and mergers and acquisitions on the native crypto ecosystem. Meanwhile, the IPO/Post-IPO/ICO rounds account for $16.06 billion, or 47% of the total financing amount, with an average single financing round reaching as high as $292 million, far exceeding the seed round's $5.1 million.

The report particularly emphasizes that ETFs and DAT are rewriting the rules of crypto financing, with the coin-stock concept leading the large financing sector with $13.93 billion. The financing share of the AI x Crypto sub-sector has surpassed 5%, and the deep integration of cryptocurrency and AI is becoming the strongest driving force in the capital market and early entrepreneurship in 2025.