Crypto VC funding plunges to $659M in April, hits near two-year low

Crypto VC funding fell to $659 million in April, its lowest monthly total since July 2024, as dealmaking slowed across the sector.

Crypto venture capitalist (VC) funding plunged to a near two-year low in April as investors pulled back from crypto start-ups and early-stage companies.

Crypto VC funding fell to $659 million across 63 funding rounds in April, down 74% from the $2.6 billion seen across 84 rounds in March, according to Cryptorank data. This brings the total year-to-date investments to $5.64 billion so far in 2026. 

The April total was the lowest monthly fundraising sum since July 2024, when crypto projects raised $622 million across 132 rounds.

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