TechFlow reported, according to Bloomberg and PitchBook's "Top Crypto Venture Investors by Number of Deals in 2023," the top 11 investment firms are: DWF Labs (42 deals), Coinbase Ventures (34 deals), Cogitent Ventures (31 deals), Shima Capital (31 deals), WAGMI Ventures (30 deals), Blizzard Avalanche Fund (29 deals), Big Brain Holdings (29 deals), Andreessen Horowitz (28 deals), NGC Ventures (28 deals), MH Ventures (26 deals), and Robot Ventures (26 deals).
The report noted that despite rising Bitcoin prices and signs of a bull market returning for digital assets, some major players in the crypto investment space have restrained their deal activity due to dwindling venture capital funding.




