(CNBC) Venture funding for crypto-related companies in the fourth quarter of 2023 totaled $1.9 billion, a 2.5% increase from the prior quarter, PitchBook said Thursday. It marks the first time that venture VC investments in crypto startups have risen since the March quarter of 2022. It’s a welcome stat for crypto entrepreneurs who’ve been bruised by the last couple of years of the so-called “crypto winter,” which made it much harder for founders to raise money.
Crypto venture funding climbs for first time in nearly 2 years after bitcoin’s stellar run
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