According to Cointelegraph citing CryptoRank data, crypto VC funding in April totaled $659 million across 63 deals, marking a 74% drop compared to March’s 84 deals and $2.6 billion in funding—hitting the lowest monthly level since July 2024. So far in 2026, cumulative funding for crypto projects has reached $5.64 billion. In April, the sector with the most funding rounds was DeFi, with 12 deals, followed by blockchain services and AI-related crypto projects, each with 8 deals. GSR participated in 4 investments during the month, making it the most active investor. (Cointelegraph) https://(wublock123.com)/news/crypto-vc-funding-plunges-april-659m-low-60429