According to statistics from RootData, there were 62 publicly announced crypto venture capital (VC) deals in May 2025, marking a month-over-month decrease of 6.1% (compared to 66 in April 2025) and a year-over-year drop of 61.3% (compared to 160 in May 2024).
The market is clearly slowing down, but Coinbase dropping $2.9B on Deribit that’s fire!