Exchanges· ★★★· bearish·

Crypto VC funding falls 20% to $4.52B in Q3, Galaxy says

  • —Funding fell to $4.519B from about $5.65B in Q2
  • —Deal count dropped to 296 from 384
  • —Late-stage firms took 76.5% of capital; pre-seed and seed made up 44.9% of deals
  • —Median deal size slipped to about $3M from $5M
Why it matters: The historical link between bitcoin prices and VC funding has weakened, with capital concentrating in later rounds and few new funds being raised.
Source: TokenPost