Galaxy: Crypto Startup Valuations Hit Record $90M as Median Deal Slumps to $3M
- —Valuations rebounded to ~$90M after two weaker quarters
- —Median deal size fell from a record $4.9M to about $3M
- —Pre-seed share of deals rose from 21% to 25%
- —Later-stage firms took 78% of $5.68B across 384 Q2 deals
Why it matters: Smaller median rounds cut founder runway to about 12 months from 20, even as headline valuations set records.
Source: Coindoo
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