Data: Cryptocurrency startups raised $883 million in February, with three major projects receiving substantial investments

Despite the continuous decline in the cryptocurrency market, venture capital has still injected $883 million into crypto startups, a 13% decrease compared to the same period last year.

According to DefiLlama data, investors are shifting to more cautious strategies, focusing on projects with actual revenue and user bases. The three largest financings this month include: Flying Tulip, founded by Andre Cronje, raised $206 million to build a comprehensive financial platform; social e-commerce platform Whop received a $200 million investment from Tether, with a valuation of $1.6 billion; and Anchorage Digital, the first federally regulated digital asset bank in the U.S., secured $100 million in funding, raising its valuation to $4.2 billion. Stablecoins, artificial intelligence, and institutional tools are becoming hot investment areas for 2026.