According to ChainThink, data from CryptoRank shows that cryptocurrency venture capital funding dropped to $659 million across 63 rounds in April 2026, a 74% decline from $2.6 billion in March, marking the lowest monthly total since July 2024.
The cumulative investment since 2026 amounts to approximately $5.64 billion. The DeFi sector was the most active in April, completing 12 funding rounds, followed by blockchain services and AI-related crypto projects, each completing 8 funding rounds.
The most active investor this month was GSR, participating in four funding rounds: Legend Trade (US$3.5 million seed), 3F (US$4 million seed), and Enhanced Finance (US$1 million pre-seed).
L1 Digital ranks second, having participated in three funding rounds, including Exponent’s $5 million seed round and Squads’ $18 million strategic financing.
In addition, Y Combinator, Tether, Animoca Brands, Landscape Capital, Coinbase Ventures, and Kosmos Ventures each participated in three transactions.