In the first half of 2026, Dutch crowdfunding platforms raised 576 million euros. Alongside the growth in funds, the annual volume generated through individual crowdfunding investments appears on track to match that of 2025. Property still accounts for the highest volumes, but beyond that, platforms are proving to be just as important for SMEs.

Dutch crowdfunding platform Collin Crowdfund has recently reached the milestone of 1.5 billion euros in financed loans. We talked to founder Jeroen ter Huurne about the source of these funds: a loyal group of investors. Retail investors still make up about 50 percent of the volume.

Real estate investing platform InRento has recently expanded into Finland and Romania. As a result, the company is now active in 8 countries. Its portfolio is currently valued at more than 100 million euros.

Dutch real estate financing platform Mogelijk has recently reached the milestone of 3 billion euros in financing. It is focusing on a European growth strategy and since the beginning of this year it has been active in Germany. The first project there has now been financed.

Collin Crowdfund has been active in Germany for over a year. Successfully so: last year it already achieved 95 million with German projects. We spoke about this with managing director Jeroen ter Huurne.

German international exchange organization, Deutsche Börse Group, has invested 200 million euros in Kraken, a global cryptocurrency platform. This results in a 1.5 percent fully diluted stake in the company.

This week, the Securities and Exchange Commission (SEC) in the United States has approved a proposal that enables the trading of tokenized securities on Nasdaq. It is the first time that trading and settling in tokenized form on the blockchain becomes listed on a stock market. This could be an indicator of future developments between regulated markets and blockchain networks.

After two years of decline, crowdfunding in France showed signs of market growth again in 2025. Crowdfunding platforms raised 1.8 billion euros. Compared to 2024, this was an increase of 1.8 percent.

In 2025, crowdfunding platforms raised over 1.1 billion euros for SMEs in the Netherlands. This is comparable to the total value of the crowdfunding market in the country in 2024. Many Dutch real estate crowdfunding platforms have recently set up their own funds, where they have realized bigger volumes than in traditional crowdfunding.

During the annual gathering of Davos Angels, held alongside the World Economic Forum, investors agreed on one thing: Europe does not lack capital. Instead, it lacks coordination, speed and execution. Fragmentation is the primary factor holding the startup ecosystem back in this continent.