Venture capital investment in crypto rose to $2.4bn in Q1 2024, up 40.3% from Q4 2023.
Venture capital investment in crypto rose to $2.4bn in Q1 2024, up 40.3% from the previous quarter, according to PitchBook data. This marks a tentative recovery after seven consecutive quarters of declining volumes, which hit a low of $1.7bn in Q4 2023. A combination of low interest rates and the debut of the first U.S. bitcoin spot ETF may contribute to further growth in crypto investments.
May 20, 2024
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