Bitcoin Hits ATH, But VCs Are Bailing – What’s Going On?!
Venture Capitalists (VCs) are a huge part of growing the crypto industry, whether we like it or not. Their investments are often the lifeblood needed to kickstart brand new crypto projects that could have the innovative tech to completely reshape the space.
The problem is, VCs don’t seem to be anywhere near as engaged with the crypto industry as they have been in the past. In fact, this could be part of the reason why the markets seem to have struggled to do… well, anything really.
To get a sense of what’s going on, Galaxy Digital have released their Q3 report that breaks down recent VC activity in crypto. Today, we’ll break this report down for you, tell you what this means for crypto, and why this could be more bullish than you might think.
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► Full Galaxy Report: https://www.galaxy.com/insights/research/crypto-blockchain-venture-capital-q3-2024/
- TIMESTAMPS - 0:00 Intro 0:33 Deal Counts, Capital Investments, and BTC’s Price 5:03 Investments By Stage 7:41 Investment By Category 11:53 Investment Demographics and Venture Fundraising 13:52 What This Means For Crypto 16:35 Outro 📜 Disclaimer 📜
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.
