03 Jun 2026
What Happened To Crypto Startup Funding? Deal Count Falls To A Five-Year Low
Venture capital in crypto has never looked more paradoxical. Monthly deal count has collapsed to levels not seen since before the 2021 bull cycle. Yet billion-dollar rounds keep arriving right on schedule. That divergence tells a precise story about where power inside the crypto investment ecosystem has shifted. And for most early-stage teams, the news isn't good.
