Q2 2025 Crypto Funding Plunge
Crypto-Detective
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Crypto startups raised $1.97B across 378 deals in Q2 2025—a 59% drop from the previous quarter. Total VC investment for the three months ending June hit $10.03B, signaling a slowdown as VCs prioritize predictable revenue and institutional adoption over hype. -
VCs are tightening their filters — fewer deals, higher standards.
The $1.97B raised shows crypto funding is maturing, with capital flowing to startups that can prove traction and revenue, not just vision.