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Venture Capital Drought Hits Web3: Crypto Funding Plummets 78% in Q1 2023, Reaching Multi-Year Lows
By Financial Markets Desk Published: April/May 2023 (Archived Report) Executive Summary: Main Facts The global cryptocurrency and blockchain sector experienced a severe capital contraction during the first quarter of 2023. According to comprehensive data released by market analysis firm PitchBook in its Q1 2023 Crypto Report, venture capital (VC) funding destined for digital asset companies […]
