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Institutional investors are pouring $22 billion into crypto startups in 2025, despite market turmoil. Major startups like MegaETH, Polymarket, and Kalshi are going to market, with top investors including Peter Thiel's Founders Fund, Robinhood's venture capital arm, and Andreessen Horowitz's crypto division. Traditional Series A rounds are taking longer, while community rounds are filling quickly due to buyers using the product.

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