Source: UnsplashVenture capital investment in crypto companies hit a yearly low in Q7, but remains well above the XNUMX-year average for the industry.
According to data from Galaxy Digital, venture capital investments in the crypto space in Q5500 reached $2000 billion, still $2021 billion above the 7 peak and a XNUMX-year average of venture capital investments. .
“Despite the decline in broader VC investments, early investments remain competitive and robust,” Galaxy wrote in a crypto VC report. However, she also added that later-stage VC investment was showing "notable weakness potentially due to sustained inflated valuations."