Coinbase Ventures leads crypto VC deal count with 30 investments in H1 2026

Coinbase Ventures was the most active crypto venture investor in H1 2026, completing 30 investments, according to CryptoRank. That put it ahead of Animoca Brands with 19, a16z with 18 and Tether with 15. Over the past 12 months, Coinbase Ventures made 75 deals, followed by Animoca Brands with 40, YZi Labs with 39, GSR with 31 and a16z with 30. Broader fundraising remained under pressure during the bear market. Crypto companies raised $1.4 billion in June, down 63% from $3.8 billion in April, while deal count fell to 61 rounds from 89 in May. June still marked a modest improvement from April's two-year low of $698 million across 71 rounds, and July had reached $456 million across 12 rounds so far. Coinbase Ventures' recent activity included seven payment-protocol rounds, four DeFi rounds and three rounds each in infrastructure and real-world asset tokenization. CryptoRank's data also showed investor participation narrowing, with unique investors dropping to 242 in June from 452 in October 2025. Over the past year, DeFi, payments and AI were the leading categories by round count, while US-based and Australia-based investors accounted for $5.8 billion and $3.6 billion, respectively, over the past six months.