August Crypto VC Report: Funding Drops Nearly 70% Month-over-Month

Crypto venture capital funding in August 2026 totaled approximately $742 million across 61 projects, a 68% decrease from July. Notable funding rounds included Ripple Prime raising $275 million in senior unsecured notes, Fasset securing $68 million at a $1 billion valuation led by SBI Group, and RQD* Clearing raising $74 million. Other significant raises involved Yellow Card, JPYC, Capital B, and Hivemind Digital Group.