Crypto VC Market ‘Tepid’ as Q3 Investments Declined 20%, Says Galaxy Digital

Crypto VC Market ‘Tepid’ as Q3 Investments Declined 20%, Says Galaxy Digital

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Source: Coindesk.com

Crypto VCs invested $2.4 billion in the third quarter of 2024, a 20% drop compared to the third quarter. The industry is on track to barely get more funding than in 2023. High interest rates, spot crypto ETFs, and the hangover from 2022 are keeping allocators away from the industry.

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The post "Crypto VC Market 'Tepid' as Q3 Investments Declined 20%, Says Galaxy Digital" appeared first here Coindesk.com.

Source: Coindesk.com

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