January Crypto VC Investment Estimated to Double Year-on-Year

Source
Uk Jin

Summary

  • It was reported that the cumulative VC funds in the crypto industry in January reached $1.14 billion.
  • The VC investment, which increased by about 100% year-on-year, demonstrates the growth potential of the crypto market.
  • The most active investor was revealed to be OKX Ventures.

With the inauguration of President Donald Trump, the crypto (cryptocurrency) market is receiving significant attention, and it is expected that the funds raised by the crypto industry this month will see a substantial increase.

According to Cryptopolitan on the 29th, the cumulative venture capital (VC) funds raised by the crypto industry as of January amounted to $1.14 billion. Considering that the crypto industry raised $653.3 million in the same month last year, it is estimated that VC investment in the crypto industry this January will increase by approximately 100% year-on-year.

Meanwhile, the most active investor was OKX Ventures, followed by Polyus Ventures, Andreessen Horowitz, Sequoia Capital, and Animoca Brands.

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Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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