Data: Crypto VC funding in April drops to $659 million, lowest in nearly two years

Data: Crypto VC funding in April drops to $659 million, lowest in nearly two years

2026-05-02 14:15View Original

ChainThink report, according to Cryptorank data, crypto venture capital (VC) funding in April 2026 dropped to $659 million across 63 funding rounds, a 74% decline from March’s $2.6 billion, marking the lowest monthly figure since July 2024.

Cumulative investment year-to-date in 2026 stands at approximately $5.64 billion. The DeFi sector was the most active in April, completing 12 funding rounds; blockchain services and AI-related crypto projects followed closely, each securing 8 funding rounds.

GSR emerged as the most active investor this month, participating in four rounds: Legend Trade (Seed, $3.5M), 3F (Seed, $4M), Enhanced Finance (Pre-Seed, $1M).

L1 Digital ranked second, involved in three rounds: Exponent (Seed, $5M), Squads (Strategic Financing, $18M).

Additionallly, Y Combinator, Tether, Animoca Brands, LandScape Capital, Coinbase Ventures, and Kosmos Ventures each participated in three transactions.

Disclaimer: Contains third-party opinions, does not constitute financial advice

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