News list for " funds primarily"

The number of crypto venture capital funds has risen rapidly in the past six years, but the total amount raised is still in the early stages compared to traditional industries

The Block posted that in 2018 there were only about 50 funds focused primarily on cryptocurrency investments. Today, there are more than 1,150 globally. By comparison, there are about 4,000 registered hedge funds in the United States alone and about 30,000 globally. In terms of venture capital, cryptocurrencies raised more than $72 billion between 2018 and 2023, while general venture capital in the U.S. raised more than $600 billion during the same period. The balance remains heavily tilted towa...

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2024-09-09 19:01:26
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