A surge of new funding is also reshaping bitcoin's builder economy.
Venture investment in bitcoin-related startups soared in 2024 alongside the crypto market's rally. The number of pre-seed deals in the space climbed 50% last year, according to research from Trammell Venture Partners, an Austin-based VC firm focused on bitcoin-native startups. Across all early-stage funding rounds, nearly $1.2 billion has been invested in bitcoin companies since 2021.
The renewed interest comes after years of technical upgrades to the bitcoin protocol and growing confidence in its long-term resilience.