Crypto VC Funding Falls to Before 2020 Levels

In the Q3 2023 (July - September), around 300 financing rounds took place for crypto startups in the world, with total value around $2.1 billion.

 

This amount was the lowest recorded in the last 3 years and more specifically since the last quarter of 2020.

 

This should be compared to the peak volume of Q1 of 2022, when around $15 billion had fallen in the crypto market through those kind of financing.

 

The main sectors that attract the majority of investors are startups that build new blockchain infrastructure and DeFi projects around different sectors.

 

Despite the legal battle in the USA, Binance Labs is the most active investor in the crypto startup space, giving the pulse in the market. The interest reduction seems to be correlated with the global evolution in the regulatory framework around the world but also the bankruptcies that took place over the last year.

 

How 2023 will close now ?

 

Our company, BCASH™, is a licensed Greek company by the Hellenic Capital Market Commission (exchange license) and manufactures/operates cryptocurrency ATMs throughout Greece. One of the locations is at Alexandroupoli, Greece, while you can find all the locations where our ATMs are placed at https://bcash.eu/en/locations

 

Almost all of the spaces are private and autonomous with high-security standards. Most of the locations offer free wireless internet connection.

 

At BCASH™ ATMs, you can buy and sell cryptocurrencies at the best market rate, such as Bitcoin | Ethereum | USDT | Litecoin | Dash | XRP | XLM.

 

If you have any questions, you can contact our customer support service at +30 6987812000 & +30 6998499499 (Viber, Whatsapp, Telegram supported).