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May crypto VC roundup: Lowest funding total in last six months 

Quick Take

  • May saw venture capital investment of around $3.5 billion in crypto startups — the lowest since last October.
  • Twenty new crypto VC funds were also launched, including from a16z, Standard Crypto and SPiCE VC.
This article is part of a monthly series from The Block that takes a closer look at where the most recent VC investments have been flowing.

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