💸 Public crypto fundraising has plummeted by 85% in just one quarter 📉


According to Cryptorank data, only $58 million was raised through ICOs, IEOs, and IDOs in the second quarter of 2026, compared to nearly $390 million in the previous quarter.
The number of projects conducting a public raise also dropped from 105 to 37, while May recorded only 13 transactions, the lowest since December 2020.
After the peak observed in early 2025 with $849 million raised by 429 projects, investors now seem much more selective, favoring already established projects over traditional public fundraising.
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