Crypto sector experiences reduced fundraising⚠️
Unsurprisingly, the pressure on private capital has spilled over to crypto, where the industry saw the lowest amount of fund raising since late 2020. Furthermore, valuation and exit concerns have returned to the forefront, with ~90% of fund raised deals being in Seed stage or earlier, with projects predominantly based out of the US despite the regulatory headwinds.
#PrivateCapital #Crypto #ExitConcerns #SeedStage #macro
Unsurprisingly, the pressure on private capital has spilled over to crypto, where the industry saw the lowest amount of fund raising since late 2020. Furthermore, valuation and exit concerns have returned to the forefront, with ~90% of fund raised deals being in Seed stage or earlier, with projects predominantly based out of the US despite the regulatory headwinds.
#PrivateCapital #Crypto #ExitConcerns #SeedStage #macro
