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VC blockchain and crypto funding drops off in Q4 2022: Report

Published 02/24/2023, 06:38 AM
Updated 02/25/2023, 08:20 AM

2022 will go down as a tough year for crypto, and the bleak market conditions were mirrored by a decline in venture capital (VC) funding flowing into the blockchain and crypto sectors.

A report from Blockdata highlights consecutive quarterly drops in funding through 2022, following booming VC funding into the wider Web3 space through 2021.

Data source: Blockdata/CB Insights

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