Future Tech

Venture capital investment in crypto picks up after long decline

Tan KW
Publish date: Mon, 20 May 2024, 05:26 PM
Tan KW
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Future Tech

LONDON - Global venture capital investment in crypto companies rose to $2.4 billion in the first three months of 2024, data showed on Monday, in a tentative sign that investor interest is returning.

Crypto venture capital flows peaked at $11.1 billion in the first quarter of 2022, before seven consecutive quarters of declining volumes, with just $1.7 billion in the last quarter of 2023, data from PitchBook showed.

 


  - Reuters

 

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