TechFlow news, according to The Block, the general sentiment among the 20 most active cryptocurrency venture capital firms regarding the outlook for crypto funding in 2024 leans toward optimism.
Coinbase Ventures: "Our commitment is global and remains unwavering; we expect our activity to grow in 2024."
Galaxy Ventures: "We anticipate the crypto venture investment environment will remain challenging, with even successful companies and startups potentially having to raise funds at flat or down valuations."
Animoca Brands: "Very optimistic—games incorporating web3 components and artificial intelligence are likely to attract more investment in 2024."
Shima Capital: "Funding remains cautiously optimistic, with infrastructure, gaming, and tokenization verticals expected to receive increased investment in the coming year."
HashKey Capital: "Actively seeking new investment opportunities, including liquidity investments, planning to expand its asset management business into new markets, and launching diversified funds to meet varying investor preferences."
Multicoin Capital: "Expects 2024 to bring 'a whole new wave of neobanks, DeFi primitives, payment applications, on-ramps and off-ramps, and DEXs (decentralized exchanges).'
Polygon Ventures: "Bullish on innovation and adoption within web3."
NGC Ventures: "Focusing on two verticals: decentralized physical infrastructure networks (DePIN) and decentralized science (DeSci)."
