Cryptoverse: What crisis? Venture capitalists bet big on crypto

Published by
Reuters UK

By Tom Wilson, Medha Singh and Lisa Pauline Mattackal (Reuters) – It’s not all doom and gloom. Even as the crypto sector shivers in the bleak winter, venture capitalists are pouring money into digital currency and blockchain startups at a pace that’s set to outstrip last year’s record. In the first half of the year, VCs bet $17.5 billion on such firms, according to data from PitchBook. That puts investment on course to top the record $26.9 billion raised last year, a warmer and happier time for bitcoin and co. “The current market conditions – I don’t think they faze investors,” said Roderik va…

Read More


Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.