Sector desk · Crypto

Capital returned, selectively.

Crypto and blockchain startups raised roughly $4.0B across 355 deals in Q1 2026. Trading and lending infrastructure took most of the capital.

Q1 2026 funding~$4Bglobal startup capital

Deals355completed financings

US capital share70.2%43.5% of deal count

Category allocation

Trading infrastructure dominated.

About $2.6B went to trading, exchange, investing, and lending companies. “Other” is a residual across several Galaxy categories, not one sector.

CategoryValueEvidence note

Trading / exchange / lending$2.60B74 deals

Wallet$0.27Bsecond by capital

Other tracked categories$1.13Binfrastructure, tokenization, payments, DeFi and more