Yogita Khatri

Yogita Khatri follows the capital flows around crypto, focusing on how venture firms, hedge funds and other investors shape the industry’s structure and cycles. She is a senior reporter at The Block and authors The Funding newsletter, a regular series on fundraising conditions, valuations and investor behaviour in digital asset markets. As one of the earliest editorial hires at the masthead, she combines high-volume daily reporting with longer analyses of the deals and firms that move the crypto economy.

The Funding and crypto venture capital

The Funding gives her a standing platform to dissect the state of crypto venture capital, with each edition built around a specific question about how money is raised and deployed. In one recent piece, she explains why raising a crypto venture fund has become harder even in a bull market, detailing the tension between headline market strength and limited appetite from capital providers.

Another edition looks at why crypto VCs are expanding beyond purely crypto-native deals, tracing how investors push into adjacent sectors when market conditions and regulations constrain traditional token investments. Across these newsletters she centres fund formation, limited partner expectations and evolving deal structures, rather than just announcing who raised what.

Her focus on mechanisms – how funds get built, where they hunt for returns, and why their mandates widen or narrow – distinguishes her coverage from more transactional funding round write-ups.

Deals, valuations and major investors

Beyond the newsletter, she regularly covers the pricing and performance implications of aggressive venture deals, including seed rounds at $100 million post-money valuations and the challenges these terms pose for long-run investor returns.

In that work she does more than quote round sizes, spelling out how dilution and high early failure rates can undermine headline valuations. She also produces in-depth looks at major investing firms such as Tiger Global, using long-form features to unpack strategy, portfolio construction and the firm’s place in the wider venture and hedge fund landscape.

These pieces sit at the intersection of crypto, broader technology investing and financial markets, showing how large pools of capital move between sectors and what that means for founders and tokens that rely on them. Taken together, her deal and investor coverage emphasises structure, incentives and risk, not just the promotional side of capital raises.

High-volume news and scoops across crypto

Alongside her funding work, she covers “all things crypto” for The Block, filing breaking news, scoops and exclusives across the industry.

She has published around 3,000 articles, making her the masthead’s most-published and most-read author of all time. That volume reflects sustained, day-to-day coverage of exchanges, protocols, regulatory actions, product launches and market structure developments, with her stories frequently cited by external industry watchers.

The newsroom credits her with playing a pivotal role in numerous exclusives, signalling regular access to decision-makers and early information on funding rounds and strategic shifts. Her blend of speed, depth and repetition on the beat gives her a long view of how different cycles have hit the sector, and it shows up in pieces that connect current events with prior patterns she has already documented.

Background in crypto and personal finance

Before joining The Block, Khatri wrote for CoinDesk and for The Economic Times, where she covered personal finance.

That mix of crypto-specialist and mainstream finance experience feeds into her current work, which often links investor behaviour and market microstructure to practical implications for capital allocators and users. As The Block’s longest-serving editorial member, she brings continuity to the outlet’s crypto coverage, carrying context from earlier market phases into present reporting and using prior cycles as reference points for today’s funding and valuation trends. Her professional presence extends beyond the site through a public profile on X, where she flags new stories and Funding editions, reinforcing her positioning as a go-to reporter on crypto venture capital and funding dynamics.