VCs Bet $25.5B on Crypto Infrastructure jumping over 50% from last year

According to recent industry data from Messari, venture capital money flowing into crypto jumped over 50% from last year, even though there were way fewer deals.

To be more precise, Messari data shows crypto fundraising jumped to over $25.5 billion in the year through March 2026, even though the number of deals dropped by 46%.

The data shows VCs are getting pickier, doing a reduced number of deals, but putting bigger money into projects they think will last. Lately, most of that cash has been flowing into infrastructure, AI-meets-crypto plays, and financial platforms, not random experimental tokens.

This mirrors a bigger shift in VC land after crypto took a hit in 2022-2023. Funding fell hard, down to about $12 billion in 2023 and $9 billion in 2024, before bouncing back as the market turned around.