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![reganbozman Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::244171819.png) Regan Bozman [@reganbozman](/creator/twitter/reganbozman) on x 16.2K followers
Created: 2025-07-17 14:40:51 UTC

Crypto venture is quietly undergoing a radical transformation

Fund sizes are compressing, strategies are shifting, and new winners are emerging

Why?

1/ The set of risks that VC's get paid to take is evolving - and that changes everything


XXXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1945856227315265966/c:line.svg)

[Post Link](https://x.com/reganbozman/status/1945856227315265966)