Global blockchain venture capital rose by 28.8% in 2025 to $15.4-billion, while deal activity fell by almost a third, which indicates that investors were writing larger cheques, but doing so more selectively.
Africa, meanwhile, recorded a 26.6% decrease in funding, but deal activity dropped by only two transactions year-on-year, the latest 'Africa Blockchain Report', published by Swiss venture capital firm CV VC and sponsored by financial services firm Absa, shows.
The continent's share of global blockchain deals climbed to its highest level on record, but its share of global funding almost halved, the report shows.
This suggests that Africa is producing the deal flow, but not capturing the larger ticket sizes increasingly concentrated elsewhere.
The blockchain ecosystem is maturing across the continent, which coincides with the adoption of blockchain-native solutions and a growing emphasis on regulatory frameworks designed to strengthen market stability and consumer protection.
