Các quỹ đầu tư mạo hiểm hàng đầu trong lĩnh vực tiền điện tử vẫn đang hoạt động tích cực giữa sự suy giảm tài trợ cho DeFi

The Huoxing Finance report, according to CryptoRank, indicates that since 2025, the overall cryptocurrency venture capital market has remained at a low level, but leading institutions such as Coinbase Ventures, Animoca Brands, Andreessen Horowitz (a16z crypto), and Tether continue to remain active in their investments. Among them, Coinbase Ventures participated in approximately 33 deals, Animoca Brands in about 19, and a16z crypto in around 18. Overall, monthly total funding volumes have fluctuated between hundreds of millions and billions of US dollars, with early-stage rounds accounting for a higher proportion, and capital increasingly concentrated on screening early-stage projects and structural opportunities. Meanwhile, VC investment in the DeFi sector has declined for three consecutive quarters, with the current quarter’s investment falling to the lowest level since Q4 2023, and DeFi funding rounds in Q2 2026 reaching the lowest level since 2020, indicating stricter screening of DeFi projects and the sector entering a phase of intense competition among existing players.