From 654 to 402, a nearly 40% decline, the winter of crypto financing is colder than expected.

CryptoWorld News reports that, according to CryptoRank data, from 2021 to June 17, 2026, the number of crypto financing rounds decreased from 654 to 402, a decline of 38.5%. Among them, early-stage financing saw the most significant drop, with seed/pre-seed rounds decreasing from 265 to 135, a decline of 49.1%. Series A and later rounds decreased from 124 to 85, a decline of 31.5%.