Crypto VC Investment Drops 70% In One Year: Report

Minty News


Title: Venture Capital Investments in Cryptocurrency Companies Drop Over 70% in Past Year

Meta Description: According to data provider RootData, venture capital investments in cryptocurrency companies have seen a significant decline of over 70% in the past 365 days. The digital asset space received only $520 million in funding this year, marking the lowest funded month to date. The infrastructure category leads in funding, followed by CeFi (Centralized Finance) and games. The United States received the most funding among all nations, but the interest from venture capitalists in the crypto industry is diminishing due to various factors, including regulatory uncertainties and banking issues.

Source: Decrypt

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