According to DL News, Coinbase Ventures investor Jonathan King stated that although the cryptocurrency startup funding in Q1 2026 has declined year-over-year, the current market is more like a "builder's market," with funds flowing more concentratedly into four categories: tokenization (including stocks, commodities, macro assets, and other trends "on-chain and tradable 24/7"), more specialized/vertical trading platforms and market infrastructure (such as perpetuals, prediction markets, etc.), next-generation DeFi with higher capital efficiency and composability (emphasizing that "privacy" could become a key unlocking factor), and AI agents serving as "economic entities" driving on-chain payments and automated trading needs.