Crypto VC investment falls to $4.5 billion in Q3 2026 as late-stage deals cool

Crypto VC investment fell to $4.5 billion in Q3 2026 as late-stage deals cooled. The decline signals a cautious market favoring established US players and financial infrastructure over new ventures. Investors are prioritizing proven projects and core infrastructure, reducing exposure to early-stage startups amid ongoing market uncertainty and tighter capital conditions.