VC Funding To Crypto Firms Slows To Multiyear Level In April

(MENAFN- Investor Brand Network) Venture capital investment in the crypto sector is declining, both in terms of the amount raised and the frequency of deals. The latest data from April shows that instead of a wide spread of smaller investments, there are fewer but much larger funding rounds.

Crypto industry firms like Bit Mining Ltd. (NYSE: BTCM) will be watching these shifts in VC funding to analyze whether they signal changes to the trajectory of the industry or they are just transient...

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