The total amount of financing and mergers and acquisitions in the cryptocurrency industry reached 12.86 billion US dollars in the second quarter of 2026, an increase of about 45% compared to the previous quarter

According to CryptoRank's Q2 2026 crypto financing report, the crypto industry involved $12.86 billion in 271 transactions, an increase of approximately 45% from $8.87 billion in the first quarter. Venture capital involved 218 rounds, with a total amount of 4.99 billion US dollars, accounting for 39% of the total. Debt financing involves 9 transactions with a total amount of 4.36 billion US dollars, of which IREN's financing of 3.65 billion US dollars accounts for 84% of the total debt financing. The merger and acquisition transaction involves 40 transactions with a total amount of 3.33 billion US dollars. The top ten transactions account for 67% of disclosed funds.