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Crypto Startups Suffered from COVID-19 Impact of 50% Reduction in Funding
Summary: Ana.vc reported the COVID-19 pandemic caused an over 50% contraction in funding for venture capital supported crypto projects in April, which fell to a total of $50 million from disclosed numbers, except for Bakkt.
Ana.vc reported the COVID-19 pandemic caused an over 50% contraction in funding for venture capital supported crypto projects in April, which fell to a total of $50 million from disclosed numbers, except for Bakkt.
Among the $50 million funds, almost $30 million came from DeFi and Fintech, especially those in the lending category. The most common round was equity seed funding.
By Yiran Dai
Last Update:
Tags: COVID-19,Crypto Startups,Funds
Link: Crypto Startups Suffered from COVID-19 Impact of 50% Reduction in Funding [Copy]
Tags: COVID-19,Crypto Startups,Funds
Link: Crypto Startups Suffered from COVID-19 Impact of 50% Reduction in Funding [Copy]
