In May, the crypto market completed only 62 rounds of financing, with a total amount of US$909 million.

Odaily Planet Daily News In May 2025, the volume of cryptocurrency venture capital transactions fell to the lowest level of the year, with only 62 rounds of financing completed, setting a new low since January 2021. Although the number of financing rounds has decreased, the total amount of financing still reached US$909 million, making it the second largest month of financing this year, second only to 78 rounds of US$2.89 billion in March. Market analysts pointed out that the cooling of investment is mainly affected by three factors: first, the volatility of cryptocurrency market prices. Bitcoin continued to fluctuate after reaching its peak in January, and in late May, the volatility was exacerbated by the uncertainty of tariff policies; second, the macroeconomic environment, the Federal Reserve's high interest rate policy has led to general pressure on risky assets; finally, the seasonal factors of the industry, summer is traditionally an off-season for investment. (Cointelegraph)