Venture Capitalists Flood Crypto With Nearly $3,200,000,000 in Q2 of 2024, According to Galaxy Digital

Venture Capitalists Flood Crypto With Nearly $3,200,000,000 in Q2 of 2024, According to Galaxy Digital


Venture capitalists pumped nearly $3.2 billion into the crypto sector in the second quarter of this year, according to Galaxy Digital.

Researchers at the crypto firm note in a new analysis that the digital asset venture capital market rebound that began in the first quarter continued through April, May and June.

“Deal count dipped slightly [quarter on quarter], decreasing from 603 in Q1 to 577 in Q2, while capital invested rose from $2.5 billion in Q1 to $3.2 billion in Q2. Median deal size increased slightly from $3 million to $3.2 million, but median pre-money valuation surged dramatically to near all-time highs, rising from $19 million to $37 million. This suggests that despite a lack of available investment capital compared to previous peaks, the resurgence

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