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Crypto Venture Capital Market is Tepid

October 17, 2024
in Crypto Updates
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Some sectors of the crypto ecosystem noticed extra curiosity than others. Crypto exchanges, lending, investing and buying and selling platforms raised 18% of VC capital, over $460 million. Layer 1 tasks got here in subsequent, at roughly $440 million, then Web3/Metaverse tasks, at about $360 million, then infrastructure tasks at $340 million. In the meantime, tasks combining crypto and synthetic intelligence (AI) took in about $270 million – 5 instances greater than within the earlier quarter, Galaxy mentioned.



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