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.