VC blockchain and crypto funding rises in Q4 2023: Report The | Crypto Futures Trading
VC blockchain and crypto funding rises in Q4 2023: Report
The growing interest of financial institutions in crypto is attributed to the launch of the first spot Bitcoin ETFs in January, according to a report from PitchBook. Venture funding for crypto-related companies totaled $1.9 billion in the fourth quarter of 2023 — a 2.5% increase from the third quarter — according to a report from PitchBook. It marks the first time venture capital (VC) investments in crypto startups have risen since March 2022.