Crypto VC Activity Sinks to Lowest Since November 2020
Only 150 unique VCs wrote checks in July, an all-time low outside the 2020 trough. Capital isn't leaving crypto; it's consolidating into fewer, more selective funds.
Every Zipp story tagged #FundingRounds, newest first.
Only 150 unique VCs wrote checks in July, an all-time low outside the 2020 trough. Capital isn't leaving crypto; it's consolidating into fewer, more selective funds.
The week closed with 22 rounds and nearly $861M deployed. The headline is Ionic Digital's $400M, but a $288M acquisition of Bitbank by SBI Group does the heavier structural work.
Bitcoin is flat to slightly red on the week, the Fear & Greed Index is pinned at 20, and a fresh wave of bridge and protocol exploits has pushed June's hack count above 20.