Total crypto company funding in February reached $883 million, but the number of deals hit a 5.5-year low. According to crypto KOL @YashasEdu citing data from The Block, total funding for crypto startups in February reached $883 million. However, overall, the number of venture capital deals hit a 5.5-year low, with funding down about 80% from the 2022 peak. Funds are being concentrated in a few specific areas, such as stablecoin infrastructure, custody, and compliance tools. 85% of tokens launching in 2025 are trading below their opening price, and the VC narrative has shifted to being 'revenue-focused.'