Total venture capital investment in crypto-related companies in Q4 2023 reaches $1.9 billion
According to a report by PitchBook, the total amount of venture capital invested in cryptocurrency-related companies reached $1.9 billion in the fourth quarter of 2023, an increase of 2.5% from the previous quarter. This is the first increase in venture capital (VC) investment in cryptocurrency startups since the first quarter of 2022. PitchBook notes that the main cryptocurrency startup projects receiving funding are mainly focused on financial and technological solutions. These include tokenizing real-world assets (such as real estate and stocks) on the blockchain and building decentralized computing infrastructure.
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