In the first three months, 422 rounds were conducted for $2.3 billion, reflecting a trend of cautious and discerning crypto investments by venture funds. According to a CryptoRank report, only six projects attracted more than $50 million, while most deals fell in the $1 million to $10 million range.
This indicates a restrained investment activity level compared to historical data over the past four years. CryptoRank also noted that the sustainability and resilience of the current market rally remain speculative and subject to observation.
CoinShares analysts reported that the latest record for cryptocurrency-focused products was in 2021 when $10.6 billion was received. This suggests a significant contrast with the current funding levels, pointing to a decline in investment activity.
