Amidst regulatory uncertainty, the cryptocurrency industry has witnessed a sustained decline in venture capital (VC) deals during the first quarter of 2023, marking the fourth consecutive quarter of reduced investment activity.

As per pitchbook data, During this period, crypto-focused companies globally managed to raise a substantial $2.6 billion across 353 investment rounds. However, it is noteworthy that this figure represents a 12.2% decrease in the total number of deals compared to the previous period.

Despite the decline in the number of deals, the amount raised highlights ongoing investor interest in the sector.



#Crypto #VC #Angel #Investment #Market