Crypto Shutdowns Are Accelerating in 2026
Crypto Shutdowns Are Accelerating in 2026 Since the beginning of the year, the market has already recorded 17 major shutdowns and bankruptcies. Combined, the projects and companies on the list had raised at least $8.9B in disclosed funding before shutting down or filing for bankruptcy. This points to a new phase of market consolidation: the industry is clearing out not only financially insolvent companies, but also products that failed to retain users and liquidity, such as NFT marketplaces. 👉 Get crypto fundraising data from CryptoRank API
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