Galaxy Digital: In 2022, 415 crypto funds were launched, raising $121 billion, with only $32 billion deployed

ChainCatcher news, according to statistics from Galaxy Digital, as of June 30, 2022, a total of 415 cryptocurrency-focused venture funds were launched globally, raising a total of $121 billion, but only $32 billion was deployed. In 2021, a total of 999 crypto venture funds were launched worldwide.

In addition, in the second quarter of 2022, VC investments in crypto startups reached $8 billion, while in the third quarter of 2022, this figure dropped to $5.5 billion. (Source link)