Failed tech bank SVB held over $5B for prominent crypto VCs: Report

According to a report that began circulating on March 11 in the aftermath of the collapse of Silicon Valley Bank (SVB), prominent blockchain venture capitalists (VCs) have over $6 billion worth of assets held by the now-defunct financial entity. These include $2.85 billion from Andreessen Horowitz (a16z), $1.72 billion from Paradigm and $560 million from [...]

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Opinion: As the Fed Tightens, VCs Are Spending Big on Crypto

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Crypto VCs Dabble In $2.6 Billion Worth Of Deals In Q1 2023

Despite the prevailing bearish trend in the crypto market, venture capital firms consummated several deals worth billions in the first quarter of 2023. Data from PitchBook’s Crypto Report for Q1 2023 disclosed that crypto firms generated $2.6 billion through 353 investment rounds.  Though the level of deals from the companies indicated the viability of the [...]

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$47B in BTC may flow into Bitcoin L2s by 2030 Galaxy Research

Galaxy Research data revealed that $174 million had been invested in Bitcoin layer-2s between January and September. 

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