Cryptos Startup Investment Went Down this Year
Last year, investments in new crypto projects reached around $1.8 billion while today, for the same period, the respective amount reaches just to $520 million.
Infrastructure projects are accumulating the largest financings as a category while the largest funding round was the one for Gensys AI, with $43 million from Andreessen Horowitz Crypto.
This shows that investors at institutional level had moved back from crypto projects and want to establish their future investments in a wider framework.
Obviously, the negative publicity from FTX and Terra brought more fear in investors but now it’s a period of finding new good deals, where investors can find really good ideas on discount.
Once there are more deals but also a surge in the crypto prices, the respective investments in startups will surge on the same way.
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