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The Crypto Startup Slump

Exploring recent VC investment trends in crypto with insights from Rachael Sacks
The Crypto Startup Slump
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2023 may have been a massive year of recovery for the crypto space, but you wouldn't know by looking at the startup investment landscape.

Less than $2 billion was invested in Q3 2023, marking a new cycle low and the lowest since Q4 2020, according to Galaxy Digital. However, with newly restored market optimism triggered by institutional excitement around a BTC spot ETF, it's time to wonder when that momentum will swing back to crypto startups. 

I went straight to the VCs to answer some burning questions like: where is all of that capital going? What types of companies are actually getting funded? What trends are we going to see in the next few years (hint: it's not SocialFi) and answers to the real question...

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