Executives in the crypto industry are still positive about the sector's long-term prospects despite a slump in venture capital funding. Based on numbers from the crypto data provider RootData, the second quarter of last year saw the lowest amount of funds raised by crypto firms since tracking of the data started in Q3 2021, with $2.17 billion raised. The amount compared to $2.47 billion in the prior quarter, and $3.36 billion in the fourth quarter of 2022....
Executives in the crypto industry are still positive about the sector's long-term prospects despite a slump in venture capital funding. Based on numbers from the crypto data provider RootData, the second quarter of last year saw the lowest amount of funds raised by crypto firms since tracking of the data started in Q3 2021, with $2.17 billion raised. The amount compared to $2.47 billion in the prior quarter, and $3.36 billion in the fourth quarter of 2022....
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