Crypto VC is back and ready to invest! | Crypto

Crypto VC is back and ready to invest!

– Following the money will lead you directly to crypto, blockchain, and digital assets. These are the areas that have seen the most venture capital funding in recent months.
– Despite the bear market, funding deals have not stopped. In fact, there has been a modest summertime lull in venture financing.
– The latest funding news comes from the world of blockchain. CoinFund has launched a new investment fund devoted to all things crypto, with a key focus on Web3. Shima Capital, a venture firm founded by hedge fund investor Yida Gao, has debuted with a $200 million investment fund targeting startups from across the blockchain ecosystem.
– Samsung is the most active player in this space, having invested in 13 blockchain companies already. Google-parent Alphabet has made strategic investments in Fireblocks, Dapper Labs, Voltage and Digital Currency Group. Meanwhile, Morgan Stanley has thrown its weight behind Figment and New York Digital Investment Group (NYDIG).
– Executives from traditional finance are still being lured into careers in digital assets despite the massive FUD campaign against the industry.

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