Crypto venture funding reached a four-month low in April, according to data from CryptoRank and Cointelegraph. The sector saw $659 million invested across 63 rounds, down significantly from March's $2.6 billion and marking the lowest monthly total since July 2024.
The continuous decline in funding is a concerning trend for the crypto space. Since October 2025, venture capital investment has been decreasing, reaching a peak of $3.84 billion across 127 rounds. The year-to-date funding in 2026 stands at $5.64 billion.
The decline in funding is mirrored by the global crypto market's total market capitalization, which has decreased by 37% since last October. DeFi protocols attracted the most deals in April, with 12 funding rounds completed. Blockchain infrastructure services and AI-related crypto projects tied for second place, each with eight rounds.