- Fundraising down but not out in 2026, DefiLlama data shows.
- Stablecoins, artificial intelligence agents, and institutional tools top sectors, VCs say.
Venture capitalists funnelled $883 million into crypto startups in February despite the market downturn, according to DefiLlama data.
The figure represents a 13% decrease fromthis time last year, when startups secured over $1 billion amid a crypto bull run.
These days, venture firms are still doling out cheques but erring on the side of caution.
“Last year, you could raise on a narrative and a deck,” Andrei Grachev, managing partner at crypto VC firm DWF Labs, told DL News.
“This year, investors want revenue, users, and a reason to believe the product survives a bear cycle,” he said….




