Crypto VC Funding Hits $5.68B in Q2, Galaxy Reports

Crypto venture capital funding reached $5.683 billion in Q2, up 31% from the previous quarter and driven mainly by later-stage financing.

The number of deals increased 10% to 384, with U.S.-headquartered companies capturing 73.5% of the capital and representing 39.1% of completed transactions globally.

Later-stage startups received approximately 78% of the capital invested during Q2, while pre-seed rounds accounted for 21% of completed deals.