Q3 ຕີລາຄາຕໍ່າສຸດໃນການລົງທຶນຂອງ Crypto Venture Capital

  • In the third quarter of 2022, VCs invested over $5.5 billion, according to Galaxy Digital Research
  • Through 518 deals, the number is higher than the peak reached in 2020, despite the low quarterly numbers
  • After the total market cap reached a low in July, crypto prices also remained subdued in the third quarter

When compared to the same period in 2021, PitchBook observed a sharp decline of over 37% in crypto funding in the third quarter. However, the figure surpasses the 2020 peak and the 7-year average of $3.1 billion by more than $2 billion despite the low quarterly numbers through 518 deals.

Galaxy noted that the decline is seen as a result of the volatile market conditions in May and June. Funds are likely delaying their fall fundraising until Q4 to give the markets time to adjust. 

This results in a lower crypto market cap and lower funding from venture capitalists.

Blockchain.com’s valuation has hit a weak market environment

According to CoinGecko’s quarterly report, crypto prices also remained subdued in Q3 despite the fact that the total market cap reached a low in July. In Q3, it rallied up to $1.2T in August, before falling again to end the quarter at +6.5% or about $100B higher than at the end of Q2, the company stated.

Bargain movement tracks near the crypto market cap, Robert Le, fintech expert at PitchBook, told TechCrunch. “Although there is a slight delay, the crypto market cap closely matches the amount of venture capital invested in the sector each quarter or month.

For example, Blockchain.com’s valuation has likewise hit a frail market climate. A source-based news article this week highlighted that the current round might result in a valuation of approximately $3 to $4 billion, despite the fact that the exchange was valued at $14 billion earlier this year.

Galaxy also stated, Despite the drawdown in broader VC investing, early-stage investing remains competitive and robust.

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The deal count in some sectors is high

However, late-stage investing showed significant weakness, possibly as a result of the persistently high valuations. Interestingly, the study found that $1.5 billion was invested in businesses established in 2018 and 2021, respectively, in the third quarter of 2022.

With 190 deals totaling $1.5 billion, companies founded in 2021 outperformed their predecessors in terms of deal count and fundraising. According to the report, only businesses established in 2018 were the market leaders in Q2 2022.

The report found that the Trading, Exchange, Investing, and Lending category led in terms of total capital invested, despite the fact that Web3, NFT, DAO, Metaverse, and Gaming significantly outperformed all other subsectors in terms of deal count.

In the meantime, the most recent CoinShares Weekly Fund Flow report revealed that crypto outflows totaled approximately $5 million last week and that “investor apathy” continued.

Nancy J. Allen
ຂໍ້ຄວາມຫຼ້າສຸດໂດຍ Nancy J. Allen (ເບິ່ງທັງຫມົດ)

Source: https://www.thecoinrepublic.com/2022/10/31/q3-hits-a-new-low-in-crypto-venture-capital-investments/