Woofun AI data shows that cryptocurrency financing totaled $13.3 billion in the first half of 2026, comparable to the $13.2 billion recorded for all of 2024. Despite similar capital volumes, the number of funding rounds declined by 78% to 435, down from a 2022 peak of 1,978.

This shift indicates a consolidation toward larger transactions, with Series A and later-stage deals comprising 75.2% of total investments. Seed round transactions dropped 88% to 81, while Series A financing reached $745.8 million, surpassing the $423.3 million total for all seed rounds. Traditional financial institutions participated in 54.5% of transactions, and capital flowed heavily into payments, stablecoins, centralized exchanges, and prediction markets.