Crypto VC Trends Q2 2025: Deals, Capital & Sector Insights

In the second half of the year, coins operated by AI agents took the spotlight in ex-Bitcoin crypto land. When engaging in crypto transactions, the principles of debit and credit stay intact, but their application can be challenging. In fact, the accounting firm I used on the previous return made a mistake that costed me a ton in penalties. That firm was also charging me $300/hr for what was clearly outsourced help that barely understood crypto. A small US e-commerce brand sells niche home goods into Europe, pays a supplier in Latin America, and hires a designer in Southeast Asia. On paper, global ecommerce and remote work have opened the world; in practice, every one of those small business international payments still rides legacy rails like SWIFT, card schemes, or stacked PSPs.

Best Practices for Crypto Financial Management

Classification rules distinguish internal movements from external activity, tag fees and counterparties, and rebuild lots where policy requires. Revenue and expenses post only after balances are sound, with each entry linked to evidence. At period end, prices are frozen by asset and chain, impairments are considered, FX is verified, and artifacts are archived. Controllers sign off, lock the period, and publish a brief narrative of variances.

Classification of Cryptocurrencies:

We also manage VAT, BAS, Sales Tax and Indirect taxes for you so you are always ready at the end of the financial year. Every transaction necessitates both, always equal in value but opposite in effect. So I’ve used a ton of different accountants over the years to do my crypto bookkeeping. I wholeheartedly recommend Founder’s CPA to any startup searching for a skilled and professional accounting service. Companies headquartered in the United States accounted for 41.2% of deals completed, followed by United Kingdom with 7.7%, Singapore with 6.4%, and Switzerland with 3.7%.

Digital Asset Tax Classification

From launching a startup to growing your venture, you can trust that our information https://dimensionzen.com/streamline-your-finances-with-expert-accounting-services-for-startups/ is an up-to-date and reliable source. In Q3 2025, 47% of capital invested went to companies headquartered in the United States. The United Kingdom was second with 28%, followed by Singapore with 3.8% and the Netherlands with 3.3%. This category has the most entrenched business models in crypto and has historically accounted for the largest share of VC investment.

Token sales often create liabilities until performance obligations are delivered. Unlocks that enable utility may trigger recognition, whereas pure vesting is generally capital structure rather than revenue. NFT primary sales are commonly revenue, royalties are other income, and refunds and burns must net per policy. If your protocol earns fees on chain, define when revenue is realized, how validator or pool costs net out, and how values convert into reporting currency. Crypto accounting tools should handle deferred schedules, attach documentation to each line, and reconcile recognized revenue back to wallets so numbers tie all the way to chain.

Ready for a next-generation Blockchain accounting firm?

Fireblocks is a blockchain startup that provides security services for issuing, storing, and moving digital assets. By using their services, the complexity of working with digital assets is removed. There are currently over 1,300 different organizations using Fireblocks for trading, brokerage, exchange and lending, banking, and payments services. The rise of blockchain accounting will inevitably impact the roles of accountants and auditors.

Part 2: Does Your Block Need a SOC? – A Handy Guide to Understanding SOC 1 and SOC 2 Audits for Crypto Companies

• Build a basic dashboard for balances, inflows, outflows, and realized results.
• The increasing complexity of crypto assets means that accounting for them is also becoming more complicated.
• You can trust Deloitte’s Blockchain & Digital Assets team to meet your business where it is and likely take it further than you can imagine.
• The real-world implications of integrating blockchain and accounting are vast.
• We’ll align on your tax objectives—whether you’re an investor, startup, or international crypto business—and map out the documentation needed for a clean start.

2025 presents unprecedented opportunities — and challenges — for crypto companies. While QuickBooks is a fan favorite for many crypto startups, over-relying on QuickBooks templates can cause problems when trying to account for the nuances of crypto. It has become commonplace to issue SAFE or SAFT agreements to fund operations early in a company’s life. However, many company’s do not handle the SAFE/SAFT process with the proper due diligence, documentation, and reporting in a complete and accurate manner. We’ll establish your chart of accounts, set up revenue recognition procedures, implement SaaS metrics tracking, and prepare your first investor-ready financial package.

• Other accountant places would do it manually and just rack up billable hours.
• Companies and projects founded in 2019 took in the largest share of capital, while those founded in 2024 accounted for the greatest number of deals.
• The issue is that if you use any new blockchains, it might take the software company a while to write the code to parse the new blockchain.
• NFT tax regulations for those who mint, sell, or collect digital assets tend to change constantly.
• Blockchain technology can seem complex at first, but numerous resources can help you gain a solid foundation.
• FCPA can help you categorize your staking activity and ensure your positions are accurately represented.

Meet your new startup accounting team

Auditors and regulators expect transparent, well-supported methodologies that can stand accounting for startups up to scrutiny, making thorough recordkeeping and policy development essential for every reporting entity. VCs demand institutional-quality financial reporting, burn rate analysis, and metrics that traditional accountants often don’t understand. Thorough audit of on-chain activity to identify misclassified or unreported income, DeFi gains/losses, and wash sale opportunities. Pre-launch tax planning for tokenized projects—covering SAFTs, vesting schedules, ordinary vs. capital treatment, and IRC §83(b) elections.