In the second quarter, crypto and blockchain startups raised $1.97 billion across 378 deals, a 59% funding decline and 15% drop in deal count from the previous quarter. Venture capital interest in the sector is waning as investors prioritize Bitcoin accumulation. Source: Galaxy Research.

Digital asset treasury companies have attracted $15 billion in investments this year, surpassing crypto startups seeking venture funding. Investors now demand clearer paths to revenue and sustainable business models. Source: Insights4VC.

Mavryk Network raised $10 million to expand institutional access to tokenized real-world assets in the United Arab Emirates. The company seeks to tokenize over $10 billion worth of properties, making it one of the largest initiatives globally. Source: Cointelegraph’s VC Roundup.

Grvt, a privacy-focused cryptocurrency exchange, secured $19 million in a Series A round to develop infrastructure for onchain investment and trading. The company aims to expand its product suite, including options markets and real-world assets. Source: ZKsync.

Stablecore raised $20 million in a seed round to help banks and credit unions adopt stablecoins. The company is developing a platform to integrate cryptocurrency services for smaller financial institutions. Stablecoin market capitalization has exceeded $300 billion. Source: Norwest.

Plural raised $7.13 million in a seed round to bridge real-world energy assets with digital markets. The company leverages tokenization and smart contracts to provide access to high-yield energy assets like solar farms and data centers. Source: Paradigm.

Read more at Cointelegraph: Crypto Funding Slows, but RWA, Stablecoin Startups Draw Capital