{"id":64346,"date":"2022-07-13T15:37:27","date_gmt":"2022-07-13T12:37:27","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=64346"},"modified":"2025-09-06T13:57:50","modified_gmt":"2025-09-06T10:57:50","slug":"crypto-industry-venture-funding-falls-to-a-one-year-low","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/crypto-industry-venture-funding-falls-to-a-one-year-low\/","title":{"rendered":"Crypto industry venture funding falls to a one-year low"},"content":{"rendered":"<p>Venture funding for crypto startups amounted to $6.76 billion from April through June. Compared with Q1 ($9.85 billion), the figure fell by 31%, writes<a href=\"https:\/\/www.bnnbloomberg.ca\/crypto-startup-funding-falls-to-a-one-year-low-1.1790907\"> Bloomberg<\/a>.<\/p>\n<p>The agency cited data from research firm PitchBook.<\/p>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"620\" height=\"349\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/1-134.jpg\" alt=\"\u041e\u0431\u044a\u0435\u043c \u0432\u0435\u043d\u0447\u0443\u0440\u043d\u043e\u0433\u043e \u0444\u0438\u043d\u0430\u043d\u0441\u0438\u0440\u043e\u0432\u0430\u043d\u0438\u044f \u0432 \u043a\u0440\u0438\u043f\u0442\u043e\u0438\u043d\u0434\u0443\u0441\u0442\u0440\u0438\u0438 \u0443\u043f\u0430\u043b \u0434\u043e \u043c\u0438\u043d\u0438\u043c\u0443\u043c\u0430 \u0437\u0430 \u0433\u043e\u0434\" class=\"wp-image-178791\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/1-134.jpg 620w, https:\/\/forklog.com\/wp-content\/uploads\/1-134-300x169.jpg 300w\" sizes=\"auto, (max-width: 620px) 100vw, 620px\" \/><figcaption>Data: Bloomberg.<\/figcaption><\/figure>\n<\/div>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;The digital asset market began slowing in November-December, and deals were still under discussion. They were closed in the first quarter,&#8221;<\/em> explained Robert Le, fintech analyst at PitchBook.<\/p>\n<\/blockquote>\n<p>According to the analyst, the second-quarter data provide a more accurate picture of the industry&#8217;s situation. There is now more doubt when closing deals, he added.<\/p>\n<p>Bloomberg found explanations for this in the Terra collapse, as well as serious Celsius problems and Babel Finance, and also waves of layoffs at Coinbase, Gemini and Crypto.com.<\/p>\n<p>David Pakman, managing partner at CoinFund, said that many deals had fallen through in recent weeks, and investors frequently withdrew buy-out offers.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;What you&#8217;re seeing now is a roughly 20% drop in seed-stage valuations, about 50% in Series A, and around 70% in Series B and beyond,&#8221;<\/em> explained the specialist.<\/p>\n<\/blockquote>\n<p>The expert urged the companies backed by his firm to accumulate cash, saying they would need to weather the next two years, as the downturn will not end &#8220;in a month.&#8221;<\/p>\n<p>The agency noted that not everyone shares such a view. In particular, Multicoin reported the creation of a fund worth $430 million.<\/p>\n<p>Lightspeed has formed a specialized<a href=\"https:\/\/forklog.com\/en\/news\/lightspeed-forms-blockchain-focused-division\"> division focused on blockchain<\/a>. The company raised $7.1 billion across four new vehicles that invest in fintech and crypto startups.<\/p>\n<p>Follow ForkLog&#8217;s Bitcoin news on our <a href=\"\/\/telegram.me\/forklog\u201d\" target=\"\u201c_blank\u201d\" rel=\"\u201cnofollow\u201d noopener\">Telegram<\/a> \u2014 crypto news, prices and analytics.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>From April through June, venture investments in crypto startups amounted to $6.76 billion. Compared with Q1 ($9.85 billion), the figure fell by 31%, Bloomberg reports.<\/p>\n","protected":false},"author":1,"featured_media":64347,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1133],"class_list":["post-64346","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-venture-investments"],"aioseo_notices":[],"amp_enabled":true,"views":"30","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/64346","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=64346"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/64346\/revisions"}],"predecessor-version":[{"id":64348,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/64346\/revisions\/64348"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/64347"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=64346"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=64346"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=64346"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}