🟡 Crypto venture in April dropped by 63% — but there is money!
— According to Colin Wu (WuBlockchain), the activity of venture investors in crypto sharply declined in April — down by 63% in the number of deals, the lowest since February 2021.
— Compared to March — a decrease of 15.4%. But not everything is so gloomy: in terms of the volume of raised funds — a record since May 2022 — nearly $3 billion 💸
— The main hits of the month:
• Ripple acquired Hidden Road for $1.25 billion
• SOL Strategies raised $500 million
• Bitdeer — $179 million for mining upgrades
— Leaders by sectors: tokenization of real assets (RWA) and decentralized networks (DePIN).
📊 Impact on the market — twofold. The decrease in the number of deals is a warning bell. But if $3 billion has flowed in — it means that major players are betting on the survivors.
Historical fact: according to CoinGecko, more than 50% of crypto projects launched since 2021 no longer exist. Venture is a high-risk sport.
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