The State of Crypto VCs in 2025

Welcome back to Talking Tokens.

Today’s episode is a fun one. If you’re an investor, founder, or just a crypto spectator, this one is for you 🫡

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The latest Talking Tokens podcast 🎙️

For this week’s Thursday episode, I interviewed Tom Schmidt, general partner at Dragonfly Capital.

Tom came on the show in August 2024 and has joined us again for a refresher on the state of crypto VCs, how investors are positioned in the market right now, what he’s interested in investing in, his opinions on the Ethereum Foundation, L2 chains, memecoins and more. 

Talking Tokens episodes are released on Spotify and Apple Podcasts at 6AM EST or YouTube at 8AM EST every Tuesday and Thursday. Listen in!

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Money and people moves

The biggest updates regarding startups that raised capital, moved money or did a little bit of both as well as market players who have left their web3 job or are starting something new.

1. Brian Trunzo joined Mantle Network as chief growth officer

2. Steven Ehrlich announces new role as executive editor at Unchained

3. Solana Foundation taps Ramzy Ali as DeFi growth lead

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Please note that this content is for informational and entertainment purposes only. Any views shared should not be considered financial advice, nor should it be used to make investment decisions. Cryptocurrencies are high risk and you should consult a financial professional before making any financial decisions. Make sure you do your own research. We may have a direct or indirect financial interest in content mentioned in this newsletter.