July crypto VC roundup: Funding declined for the fourth consecutive month

Quick Take

  • Venture capitalists invested $2 billion in crypto startups in July — nearly the same amount as in June.
  • Over 20 new VC funds also launched in July, including from Sequoia China, Lightspeed and Qiming.
This article is part of a monthly series from The Block that takes a closer look at where the most recent venture capital investments have been flowing.
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