April saw a marked drop in crypto VC funding, with a total of 94 deals valued at 2.37 billion USD, contrasting sharply with March’s 140 deals worth over 5 billion USD. This reflects a notable change in investor preference towards larger private rounds.
Coinbase Ventures led the year-to-date funding with 24 deals, indicating a shift away from trending sectors like AI and Web3 towards more traditional infrastructure and developer tools. This pivot may result from diminishing liquidity and increased market skepticism.
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