Galaxy: Crypto venture capital is cooling, with investment down 20% in the third quarter compared to the previous quarter.
2024-10-16 17:22:09
According to galaxy digital reports crypto venture investment marketdesk3cryptocurrencydesktopCrypto News
According to the latest report from Galaxy Digital, the crypto venture capital market performed flat in the third quarter, with $2.40 billion invested, a 20% decrease from the previous quarter, and a 17% decrease in the number of transactions. The crypto industry received a total of $8 billion in the first three quarters of this year, and the investment volume is expected to be slightly higher in 2024 than in 2023. Compared with the ultra-30 billion dollar investment scale in 2021 and 2022, the current market heat has dropped significantly. Alex Thorn, head of research at Galaxy Digital, pointed out that investor interest in the crypto industry has weakened compared to previous years.
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