Crypto venture funding dips for second quarter in succession
Venture funding for crypto startups declined for two straight quarters for the first time since 2018. According to new research, venture funding for crypto businesses fell this quarter by around 35% to $6.2 billion, following a 22% reduction in Q2. VC deals also experienced a substantial decline, falling by 22% quarter over quarter. Even said, […]
Crypto Venture Capital Firms Amass Billions Of Dollars In Crypto Assets Management
According to Filings, crypto venture capitals manage a vast amount of crypto assets. Andreessen Horowitz’s (a16z) crypto funds were also revealed to be valued at over $9 billion. Crypto assets worth billions of dollars have been amassed under the management of venture capital (VC) firms, which are focused on Web3 projects, and crypto enterprises. Web3 […]
Simon Nixon Venture plans to increase its crypto allocation
Billionaire Simon Nixon, the creator of Moneysupermarket.com, is planning to grow his crypto investments through his London-based venture capital firm. According to a Bloomberg report published on Thursday, Adam Proctor, managing director of Nixon’s investment business Seek Ventures, stated the firm plans to boost its “allocation to crypto as we believe it is an important […]