Web3 Funding Soars to $9.6B in Q2 Despite Fewer Deals

Money's pouring into Web3 like it's 2021 all over again—just through a narrower funnel.

The Big Picture

Venture capitalists might be writing fewer checks, but they're making each one count. The sector hauled in a whopping $9.6 billion last quarter, proving that conviction hasn't wavered even if due diligence has gotten sharper.

Where's the Smart Money Going?

Infrastructure plays and decentralized protocols are sucking up most of the capital. Investors aren't just betting on ideas anymore—they're backing teams that can actually execute. The bar's higher, and the dumb money? It already left the building.

Fewer Deals, Bigger Bets

The trend's clear: consolidation. Why spray cash at ten shaky startups when you can pile it into two with real traction? It's a classic maturation phase—even in crypto, eventually the adults take over.

Bottom Line: The sector's growing up. Less froth, more fundamentals. And if you think traditional finance isn't watching this $9.6 billion signal, you haven't been paying attention—though they'll probably still call it 'dot-com bubble 2.0' at the next board meeting.