Crypto Startups Raised $883 Million in February, Down 13% Year-on-Year

Odaily News In February, crypto startups raised approximately $883 million in venture capital, a decrease of about 13% compared to the over $1 billion raised during the same period last year.

Andrei Grachev, Managing Partner of DWF Labs, stated that current investors are paying more attention to revenue, user base, and a project's ability to survive in a bear market, with investment strategies becoming more cautious. He pointed out that by 2026, venture capital will focus on stablecoin and payment infrastructure, AI agents, and institutional-facing compliance and fund management tools.

Notable large-scale financings in February include: Flying Tulip raising $206 million through a token sale; digital goods platform Whop receiving a $200 million strategic investment from Tether; and US digital asset bank Anchorage Digital securing a $100 million strategic equity investment from Tether. (DL News)