🧵 1. Venture capital funding in crypto startups spiked to $2.7 billion in Q2 2024 across 503 deals, showing a rise in investment value despite fewer deals. #crypto
🧵 1. Venture capital funding in crypto startups spiked to $2.7 billion in Q2 2024 across 503 deals, showing a rise in investment value despite fewer deals. #crypto
🧵 2. The shift towards larger deal sizes indicates growing investor confidence in the crypto market, even amidst regulatory challenges and market fluctuations.
🧵 3. Quality over quantity: Q2 saw a concentration of larger investments in fewer companies, hinting at a strong second half of 2024 for crypto startups.
🧵 4. Infrastructure startups dominated funding rounds, with companies like Monad, Berachain, and Babylon raising significant amounts in Series A and B rounds.
🧵 5. While seed and early-stage valuations soared, late-stage valuations declined as investors adopt a more cautious approach in later stages of company growth.
🧵 Read more at: https://decrypt.co/244240/crypto-startups-raised-2-7-billion-in-q2-heres-the-good-and-bad-news