Why Are Crypto Startups Raising More Money But Closing Fewer Deals?

Quick Summary:

Crypto startups have managed to secure more venture capital investments in the last quarter despite not being able to increase the number of closed deals.

Bloomberg highlights that venture capital investment in cryptocurrency startups was $2.7 billion in the three months that concluded in June.This represents a 2.5% increase from the first quarter and a […]

The post Why Are Crypto Startups Raising More Money But Closing Fewer Deals? appeared first on BanklessTimes.

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Article Details

Author / Journalist: Nausheen Thusoo

Category: CryptoTechnology

Markets: Canada

Topics: Crypto Startups Crypto venture capital funding

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-12 @ 16:45:19 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: banklesstimes.com

Language: English

Article Length: 1277 words

Reading Time: 8 minutes read

Sentences: 63 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bankless Times

News ID: 22038356

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About Bankless Times

Main Topics: CryptoTechnology

Official Website: banklesstimes.com

Update Frequency: 9 posts per day

Year Established: 2011

Headquarters: Canada

News Last Updated: 10 hours ago

Coverage Areas: Canada

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Publisher ID: #29

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