Crypto Venture Funding Slows to $76.35 Million in Early August as Deal Activity Cools

Crypto venture funding slowed to $76.35 million across 10 disclosed rounds between Aug. 1-9, per CryptoRank data. This follows July with roughly $1.50 billion raised across 43 rounds and June with about $1.48 billion across 61. The largest deal was Yellow Card, an Africa-focused crypto platform, raising $40 million in a strategic round led by Polychain Capital.