TechFlow news, public data shows that cryptocurrency startups raised approximately $3.1 billion in the fourth quarter, up from $2.1 billion in the second quarter and $1.7 billion in the third quarter.
With falling prices and rising interest rates, the impact of the 2022 turmoil continues, and venture capital interest weakened in mid-2023. According to Galaxy's report, cryptocurrency fundraising in the third quarter reached the industry's lowest level since 2020. The fourth-quarter figures have brought crypto funding closer to first-quarter 2023 levels, when $3.3 billion flowed into cryptocurrency companies.
Add to Favorites
Share to Social Media
