According to Crypto Fund Research, the current rate of new crypto fund launches is much lower than at its peak in 2017, when around 73 new funds were launched each quarter, more than double the total number of crypto funds that year.
Also, fundraising for new funds is still not as easy as it used to be. When it comes to venture capital, new funds tend to be smaller than in 2021 and 2022 because fewer new investors are entering the space. According to VisionTrack, only $2.62 billion was invested in Quarter's 1,631 venture capital deals. That's less than the $2.90 billion invested in 781 deals in the same period last year, and a fraction of the $7.20 billion invested in Quarter's 1,817 deals in 2021.
The current rate of launch of new cryptocurrency funds is much lower than in the heyday of 2017
2024-05-25 20:51:39
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