Summary
- Cointelegraph reported that crypto-related VC investment totaled $659 million in April, down 74%% from March and the lowest level in 21 months.
- It said monthly VC investment has declined steadily since October 2025, while global crypto market capitalization has fallen about 37%% over the same period.
- By sector, decentralized finance (DeFi) protocols were the most active with 12 deals, followed by blockchain services and AI-related crypto projects with eight each.
Venture capital investment in crypto slumped to its lowest level in nearly two years as the market cooled.
Cointelegraph reported on May 1, citing CryptoRank data, that crypto VC funding totaled $659 million across 63 deals in April. That was down 74% from $2.6 billion across 84 deals in March and marked the lowest monthly total in 21 months since July 2024, when funding reached $622 million.
Monthly VC investment has declined steadily since hitting $3.84 billion in October 2025. Over the same period, global crypto market capitalization has fallen about 37%.
By sector, decentralized finance, or DeFi, protocols were the most active, drawing 12 investments. Blockchain services and AI-related crypto projects followed with eight deals each.
Market maker GSR was the most active investor, participating in four deals, including the seed round for DeFi protocol Legend Trade. L1 Digital, Tether and Coinbase Ventures followed.
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
