VC Investment in Virtual Assets Increases by 28% Year-on-Year

Source
Suehyeon Lee

Summary

  • This year, venture capital investment in virtual assets reached $13.7 billion, a 28% increase from last year.
  • Key factors for the investment increase include the bullish virtual asset market and an optimistic regulatory outlook.
  • VCs see increased institutional adoption and the integration of virtual assets with artificial intelligence as important backgrounds for the expanded investment.

Venture capital (VC) investment in virtual assets (cryptocurrency) has significantly increased compared to last year.

According to The Block on the 29th (local time), VCs have invested approximately $13.7 billion in virtual assets and blockchain startups this year. This is a 28% increase from last year's $10.7 billion.

Many VCs attribute this increase in investment to a combination of factors, including the bullish virtual asset market, optimistic regulatory outlook, increased institutional adoption, and the integration of virtual assets with artificial intelligence (AI).

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Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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