Crypto VCs Shift to Later-Stage Deals, Analyst Argues

2026-09-04

A report from Truth Ventures suggests that crypto venture capital's move towards later-stage investments is a "consensus trade" rather than a sign of increased discipline. The analysis highlights a significant gap in early-stage funding, potentially impacting future returns.

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Crypto venture capital firms are shifting towards later-stage deals, which is described as a "consensus trade" rather than increased discipline. This trend has created a significant gap in early-stage funding, which may impact future returns.

Key facts

Crypto venture capital firms are moving towards later-stage deals.
This trend is described as a "consensus trade" disguised as discipline.
Companies with established track records secured 57% of capital in the last quarter.
A gap in founding-stage funding is identified as a primary area for potential returns.
Questions are raised about the metrics and due diligence applied to early-stage crypto projects.

Source: CoinDesk

Reported by VERA Newswire.