Crypto startups raised approximately $883 million in February, marking a 13% decrease from the same period last year, according to DefiLlama data. The investment landscape is evolving, with venture capitalists now prioritizing projects that demonstrate revenue, user growth, and resilience in bear markets. Key investment areas include stablecoins, payment infrastructure, AI agents, and institutional tools like compliance and fund management. Notable funding rounds in February include Flying Tulip, a DeFi platform by Andre Cronje, which raised $206 million through a token sale. Whop, a digital goods social e-commerce platform, secured a $200 million strategic investment from Tether. Additionally, Anchorage Digital, a US-compliant digital asset bank, received a $100 million equity investment from Tether.