News

Crypto Venture Funding Hits Year-Low in Q3 2022: Galaxy

2022/10/28 13:17

2022 has been a record year for venture capital funding in the crypto space, but a decline in the second half may foreshadow a prolonged slowdown, according to new research from investment firm Galaxy Digital. There have been 415 crypto-focused venture funds launched so far this year with a collective $121 billion raised, but only $32 billion in venture capital has been deployed since the start of the year. “Due to tumultuous crypto market conditions in May and June, funds are likely pushing their fall fundraising to Q4 to allow markets to recalibrate,” Galaxy researchers notes in their third quarter venture funding update, released Friday.
bullishbullishbullish6bearishbearishbearishBearishLikeShare
DisclaimerThe content above does not represent HTX's positions.HTX does not provide any trading recommendations.

Related Articles

  • Image

    Shiba Inu Bulls Ready To Charge, But This Ethereum-Based DeFi Project Could Deliver 20000x Gains Before 2025

  • Image

    Bitcoin Price Is Trying To Break 200-MA That Led To Parabolic Surge In The Past, Will It Succeed Again?

  • Image

    Research on the PayFi Sector: Tapping into the New Blue Ocean of Web3 Payments

All Comments0LatestHot

LatestHot
noContent

No records

Related Articles

  • Image

    Shiba Inu Bulls Ready To Charge, But This Ethereum-Based DeFi Project Could Deliver 20000x Gains Before 2025

  • Image

    Bitcoin Price Is Trying To Break 200-MA That Led To Parabolic Surge In The Past, Will It Succeed Again?

  • Image

    Research on the PayFi Sector: Tapping into the New Blue Ocean of Web3 Payments