Crypto VC Faces Collapse By 2030, Warns Dragonfly Partner

Crypto venture capital might fade away by 2030. Haseeb Qureshi, managing partner at Dragonfly, shared this stark warning during a recent discussion. He points out that dominant platforms are capturing most users and liquidity, leaving little room for traditional venture funds.

Data backs up this shift. Cryptorank reports that the number of active crypto venture firms has fallen to just 150. This is the lowest level since November 2020 and represents an 87 percent drop from the peak seen in 2022. Market conditions and changing capital flows are forcing many funds to step back.

This slowdown matters for early stage builders who rely on venture funding to launch new tokens and protocols. Traders and investors should watch how startup financing adapts as major platforms continue to concentrate market share. The coming years will show if smaller projects can find new ways to raise capital.