Bloomberg: Venture Capitalists Are Funding a New Wave of Crypto Sweeping College Campuses

BlockBeats News, August 1—According to Bloomberg, as the reputation of cryptocurrencies in U.S. public discourse is being “cautiously restored,” a new wave of blockchain enthusiasm, funded by venture capital firms, is quietly emerging on university campuses.

A group of investors focused on digital assets—including institutions such as Collab+Currency, Consensys Mesh, Artemis, and Hydra Ventures—have collectively raised about 600 ETH. Through an initiative called Dorm DAO, these funds are being channeled to student-led blockchain clubs at universities from Michigan to Oregon.

This project combines financial support, research budgets, and internship opportunities, reflecting the crypto industry’s efforts to reposition its goals. Once dismissed as a “get-rich-quick game” and not taken seriously by the mainstream, the sector is now moving closer to “mainstream finance”—a shift driven by regulated investment products and Wall Street’s cautious return. Yet, supporters are also focusing on another key proving ground: university campuses, where they hope to nurture a new generation of blockchain talent and foster a more disciplined, long-term vision for digital finance.