Early-stage institutional crypto investment falls sharply in deal count, volume

Institutional investment in early-stage cryptocurrency projects is in a sustained decline, according to data from CryptoRank. The data shows that since the second quarter of 2024, the number of investment deals has fallen by 63% and the total investment amount has dropped by 50%. In the second quarter of this year, total investment amounted to just $2.9 billion across 63 deals. The analysis noted that while there was a temporary increase in investment volume and deal count in the third quarter of last year, it was not enough to reverse the downward trend. CryptoRank added that the gap between early- and late-stage investments is widening, as investors are increasingly favoring larger and more mature projects.