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Analysis: LPs Proceeding Cautiously Due to LUNA and FTX Crash, Medium-Sized Crypto Funds May Face 'Hollowing Out' in the Future

Summary: According to The Block, industry insiders have revealed that since the crash of Terra (LUNA) and FTX in 2022, the financing scale of cryptocurrency venture capital has sharply contracted as LPs have become more cautious. Cryptocurrency venture capital is now competing for fund inflows with ETFs and DAOs. Data from The Block Pro shows that ...

According to The Block, industry insiders have revealed that since the crash of Terra (LUNA) and FTX in 2022, the financing scale of cryptocurrency venture capital has sharply contracted as LPs have become more cautious. Cryptocurrency venture capital is now competing for fund inflows with ETFs and DAOs. Data from The Block Pro shows that in 2022, 329 funds raised...

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