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Funding to Crypto Startups Continues to Decline for Seventh Straight Quarter

As we approach the end of the first month of Q3, it's time to take note of the trends that will shape the rest of the year. Unfortunately, the decline in funding for crypto startups, which has been ongoing for some time, shows no signs of stopping. According to the Crunchbase Web3 Tracker, this trend is set to continue, with Q3 investments expected to fall well below the $1.9 billion raised in Q2. In fact, Q2 was relatively stable, with only a slight decrease from Q1, but the current quarter is shaping up to be more uncertain, with VC investments totaling only $412.7 million so far.

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