Crypto fundraising rounds slow down to five-year lows
January is on track to end with just 67 crypto fundraising rounds, the lowest level in five years. While the rounds are larger, crypto companies are already reporting difficulties with raises.
VC funding shrank in January based on the number of completed rounds. With just 67 deals, January’s performance sank to a five-year low. VC deals returned to levels not seen since before the 2021 bull market. The number of deals was even smaller than the slow months of the 2022-2023 period.
YziLabs was the leading fund in January, leading four rounds, followed by Coinbase Ventures with…
