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RWA Crypto

Crypto Funding Shift: Licenses Outweigh Code in 2026

A report by NeosLegal reveals that all $11.2 billion in disclosed crypto funding for H1 2026 went to licensed businesses, led by payments/stablecoins and prediction markets. Institutional investors now prioritize regulatory licenses as the core valuation metric, marking a shift from code to compliance. This trend highlights a split where institutional capital favors regulated entities while retail activity remains on permissionless protocols.

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